Position Description

Associate General Counsel
Location Los Angeles
Job Code 317
# of Openings 1
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Position Summary:

The Associate General Counsel serves as corporate, real estate and litigation counsel for ARA, its real estate commingled funds, and the various separate accounts which ARA manages. The Associate General Counsel reports to the General Counsel, Chief Compliance Officer and works directly with the Investment Committee, Operations Committee, the senior management team, and the Chairman & CEO in the operations and administration of the firm.

ARA is a registered investment advisor under the Investment Advisers Act of 1940 and an ERISA fiduciary. ARA, through its funds and separate accounts, acquires real estate investments throughout the United States. Knowledge of the private equity real estate market and how such investments work and are structured is an essential part of this position.

This role has responsibility for corporate matters for ARA, its funds, and its separate accounts. Such matters include real estate related legal matters and agreements, litigation, and contracts. As the legal team is small and the company is fast-moving, the Associate General Counsel handles a wide variety of issues, including negotiation and drafting of commercial agreements.

This position supports all areas of the firm and works directly with the members of senior management and each department including, the Acquisitions, Asset Management, and Portfolio Management teams, along with the Human Resources and Accounting teams on a variety of operational and administrative matters. 

Essential Functions:

  • Guide and assist senior management in the oversight of ARA’s corporate legal matters.
    • Negotiate terms of service contracts and other commercial agreements. Ensure continued compliance with contractual obligations with the firm’s key service providers.
    • Manage ARA’s contracts including renewal versus termination decisions.
  • Oversee legal matters relating to ARA’s clients, and the assets ARA manages for those clients
    • Supervise firm activities to ensure compliance with existing investment agreements.
  • Oversee legal issues related to insurance coverage disputes and resulting litigation.
  • Provide strategic guidance on tenant default matters, including tenant bankruptcy, and to outside counsel pursuing eviction matters, seeking possession and monetary judgments.
  • Oversee the selection of outside counsel and manage the direction taken by counsel on asset-related matters. Negotiate engagement letters and manage and monitor outside counsel scope of work, billings, and quality of legal services provided.
  • Assist the General Counsel in ensuring ARA meticulously fulfills its fiduciary obligations to its clients under ERISA.

Education:

  • Juris Doctorate.
  • A member (in good standing) of the California State Bar.

Experience:

  • Eight to fifteen years of experience in the legal field with a demonstration of increased responsibilities over time.
  • Prior law firm experience and in an in-house legal role is preferred, particularly within a professional services environment.

Skills:

  • Position requires someone who is self-reliant, self-confident, adaptable and flexible.
  • Must be able to work effectively in teams and individually.
  • Must be open to critical feedback and learn from it and adjust course.
  • This position thrives on challenge and significant responsibility.
  • Possess strong drafting and negotiating skills.
  • Unquestioned integrity.
  • Passionate about learning and growth and driven by an internal zeal to achieve.
  • Proven ability to handle confidential information with discretion.
  • Strong organizational skills that reflect the ability to perform and prioritize multiple tasks seamlessly with excellent attention to detail.
  • Ability to build relationships with stakeholders, including staff, external partners, clients, and other industry professionals.
  • Excellent writing, spelling and grammar skills.
  • Capable of proactive problem solving and sound decision-making.
  • Highly resourceful team-player, with the ability to be independently effective.
  • Adaptable to various competing demands and desire to demonstrate the highest level of responsiveness and client service.
  • A forward-looking thinker who actively seeks opportunities and proposes solutions to current and future business needs.
  • Demonstrated interpersonal skills and ability to interact with diverse personality types to contribute to a positive team-oriented work environment.

Supervisory Responsibilities:

  • None

Job Specifications:

  • Position type: This position is considered exempt under the Federal Labor Standards Act.
  • Expected work hours: 8:30 to 5:30, Monday through Friday. There are evenings and weekends where responses to communication are necessary although it is not mandatory to be in the office those evenings and weekends.
  • Travel: May be required to drive a personal vehicle for business (on occasion).
  • Work environment and physical demands: General office environment.

 

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with, or without, notice.


American Realty Advisors is committed to equal employment opportunity. We do not discriminate based on an individual's race, sex, religion, color, national origin, ancestry, physical or mental disability, medical condition, marital status, registered domestic partner status, veteran status, sexual orientation, age, gender identity, genetic characteristics, or any other basis prohibited by law. This policy governs all aspects of employment at American Realty Advisors, including hiring, assignments, training, promotion, compensation, employee benefits, employee discipline and discharge, and all other terms and conditions of employment.


ARA considers for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring Ordinance No. 184652.

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