ProShares

ProShares

Senior Regulatory Counsel (Securities)

Bethesda, Maryland · Senior

Sponsorship not specified$230k-$300kDetected 162 days ago
Business DevelopmentLeadershipCommunication

About the role

  • You will provide sophisticated, business-oriented advice on securities law and regulatory matters impacting ProShares' ETFs, commodity pools, interval funds, and mutual funds.
  • This is a high-impact opportunity to work within one of the largest and most diverse ETF complexes in the United States on complex and innovative product and business issues.
  • Oversee communications and coordination with the SEC, CFTC, NFA and FINRA.

Responsibilities

  • Deliver timely, pragmatic, and business-oriented legal counsel to senior management and across all levels of the organization.
  • Identify and evaluate legal and business risks to support strategic decision-making.
  • Working closely with ProShares internal business teams, structure, develop and launch ProShares registered securities offerings, including commodity ETFs and other vehicles registered under the 1933 Act, and ETFs, interval funds and mutual funds registered under the 1940 Act.
  • Lead the preparation, review, and ongoing maintenance of registration statements, prospectuses, 10-Ks, 10-Qs and other periodic reports for ProShares registered securities offerings.
  • Support business development and product development initiatives by providing proactive legal input and guidance.
  • Independently initiate projects, drive process improvements, and enhance the Legal Department's efficiency and effectiveness.
  • Manage and coordinate with outside counsel to optimize resources and achieve favorable outcomes.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements

  • Strong judgment and ability to balance legal risk with commercial realities.
  • Excellent written and verbal communication, including the ability to simplify complex topics.
  • It is not an exhaustive list of all responsibilities, duties and skills required of this job.
  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

Nice to have

  • JD and membership in good standing with a U.S. state bar.
  • 12+ years of relevant experience in the asset management industry (law firm and/or sophisticated in-house environment).
  • Deep knowledge of the Securities Act of 1933 and Securities Exchange Act of 1934.
  • Demonstrated experience managing registered securities offerings.
  • Working knowledge of the Investment Company Act of 1940, Investment Advisers Act of 1940, and commodities regulation.
  • Experience representing issuers, investment advisers, underwriters, or broker-dealers on fund-related matters.
  • Prior experience at the SEC (helpful, not required).
  • Experience with corporate transactions such as reorganizations, acquisitions, or mergers.

Compensation

  • The compensation for this position includes salary and incentive pay.

Benefits

  • Competitive pay and discretionary bonus
  • Health care benefits (medical, dental & vision)
  • Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
  • 401(k) retirement plan with matching contribution
  • Spending Accounts (Health Care, Dependent Care, and Transportation)
  • Wellness Programs (fitness reimbursement, Employee Assistance Program)
  • Education assistance

Company info

  • ProShares offers one of the largest lineups of ETFs, with over $100 billion in assets. We're a leader in strategies such as crypto-linked, dividend growth, interest rate-hedged bond and geared (leveraged and inverse) ETF investing. We continue to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
  • Position Summary:
  • The Senior Director, Counsel (Securities) reports directly to the General Counsel and serves as a senior legal partner to leadership across ProShares' growing ETF and registered funds business. You will provide sophisticated, business-oriented advice on securities law and regulatory matters impacting ProShares' ETFs, commodity pools, interval funds, and mutual funds.
  • ProShares offers one of the largest lineups of ETFs, with over $100 billion in assets.
  • We're a leader in strategies such as crypto-linked, dividend growth, interest rate-hedged bond and geared (leveraged and inverse) ETF investing.
  • We continue to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.
  • The Senior Director, Counsel (Securities) reports directly to the General Counsel and serves as a senior legal partner to leadership across ProShares' growing ETF and registered funds business.
  • Essential Job Functions:
  • Draft, negotiate, and review agreements with fund service providers, including custodians, administrators, underwriters, transfer agents and authorized participants.
  • Education and Experience:
  • What Helps You Succeed Here:

Visa & Work Authorization

  • ProShares, a leading sponsor of exchange traded funds, manages one of the industry's most innovative and diverse set of ETFs, mutual funds and commodity pools.
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This listing is sourced directly from ProShares's careers page and normalized into a canonical job model.