Mutual Fund Lawyer (Boston, MA (Hybrid) or Fully Remote)

Mutual Fund Lawyer

Req ID: 4341

Where you'll work:
Our hybrid workplace model offers the freedom to work fully remote or occasionally in one of our offices. This is a remote position with a hybrid option for candidates based in Boston, MA.

How you'll contribute:
The Company is seeking a Mutual Fund Lawyer to join the Brighthouse Legal Department to be part of a collaborative team that provides day-to-day support of investment advisory matters connected to the Brighthouse Funds registered under the Investment Company Act of 1940. The Brighthouse Funds are offered through registered insurance company issued products.

In this role, you'll get to:

• Provide legal support for all aspects of legal and regulatory matters for the Brighthouse Funds, including preparing and reviewing board materials for quarterly Funds' Board of Trustees meetings; Draft and revise correspondence and assist with the preparation and distribution of various reports and presentation materials; Review memoranda, presentations, proposed resolutions and other materials as required; Gather, assemble, track and distribute materials related to the Brighthouse Funds annual 15(c) contract review, Board of Trustees meetings as well as meetings with Brighthouse Advisers and numerous sub-advisers.
• Provide day-to-day legal support to Brighthouse Investment Advisers, a registered investment adviser.
• Prepare and oversee the registration statements and prospectus supplements for the Brighthouse Funds; Coordinate the review process of the annual registration statement and ongoing maintenance of such filings; Track and review all comments from outside investment firms and internal review groups; Oversee and implement all comments on the mutual fund disclosures from the SEC and other regulatory bodies; Monitor and file any updates (supplements), as necessary, to ensure the disclosures remain accurate throughout the year.
• Prepare and oversee the drafting of SEC filings relating to: sub-adviser changes (14C Information Statements), new portfolios, substitutions, and mergers/acquisitions and/or liquidations;
• Stay up to date and provide advice on proposals concerning mutual fund related regulations; and
• Update and maintain Form ADV disclosures for BIA and filing such forms as required with the SEC.
• Coordinate the legal review of the Brighthouse Funds' annual and semi-annual reports and assist Fund Administration on matters relating to the Funds' audits.

We're looking for people who have:

• Juris doctorate from an accredited law school; admitted to practice before a state bar association;
• 3-6 years of experience with federal securities laws regulating mutual funds, preferably with a law firm;
• Prior experience with registration of mutual funds on Form N-1A under the Investment Company Act of 1940 and Securities Act of 1933;
• Experience with preparing materials and attending Board meetings for registered mutual funds;
• Experience reviewing distribution agreements, advisory and sub-advisory agreements and non-disclosure agreements;
• Experience interacting with clients and managing or escalating questions or issues as appropriate; Strong oral and written communication skills; Strong interpersonal and organizational skills; and Analytical thinking and problem solving.
• Strong capacity to manage own performance independently and effectively, exhibiting excellent time management and detail orientation.

Preferred Qualifications:

• Prior experience reviewing and advising on valuation, derivatives, and 15(c) process related to mutual funds.
• Experience with electronic document management systems such as ArcPro or DiligenceVault.

Research shows some people may not apply for a role if they don't check all the boxes of a job description. If you don't check every box listed, that's okay. We would love to hear from you.

What you'll receive:

• Compensation - Base salary ranging from $130,000-$170,000 plus competitive performance-based incentives determined by company and individual results
• Flexible Work Environment - Work fully remote or occasionally in the office to better thrive in all areas of life
• Paid Time Off - Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time
• Financial Health - Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services
• Health and Wellness - Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family
• Family Support - Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and reimbursement up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey
• Life and Disability Support - Gain access to company-paid basic life insurance and short-term disability insurance

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We'd love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

Why join us?
Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.S.,* and we specialize in products designed to help people protect what they've earned and ensure it lasts.

We empower employees to collaborate and create space for people to bring their passion to work and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences. You can find out more about our company culture by visiting brighthousefinancial.com/about-us/careers/.

We're proud to be a FORTUNE® 500 company** and recognized as one of Charlotte's Healthiest Employers by the Charlotte Business Journal. We're also honored to be named to Newsweek's inaugural list of America's Most Trusted Companies.

*Ranked by 2020 admitted assets. Best's Review®: Top 200 U.S. Life/Health Insurers. A.M. Best, 2021.
**From FORTUNE © 2022 Fortune Media IP Limited. All rights reserved. Used under license. FORTUNE and FORTUNE 500 are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Brighthouse Financial.