US Counsel & Chief Compliance Officer

The Company 

InvestX was launched in 2014 with a mission to bring transparency and trust to the private equity market. We are a leading cross-border pre-IPO investor offering access to private equity deals that, for many decades, were exclusive to a limited investing population.   

    

With over US$500 million in investments and 80+ portfolio companies, we work with leading North American registered security firms to offer accredited investors private equity investment opportunities in companies including Airbnb, SoFi, Spotify, DocuSign, Patreon, and many more. We have successfully launched multiple SPVs (Special Purpose Vehicles) and diversified funds and are currently investing in our 4th Fund.    

    

InvestX is backed by leading financial institutions Jefferies, Virtu Financial, and Canaccord Genuity and has been featured in CNBC, Forbes, Bloomberg, U.S. News, Business Insider, Reuters, The Globe and Mail, and many other publications.   

The Position 

Reporting to the CFO, you will work with a team of strong, focused professionals who are setting the bar for work in the private markets. You will work in conjunction with InvestX’s Canadian legal/compliance team to manage the Company’s legal affairs as they relate to US corporate initiatives. This role will navigate through applicable securities laws and regulations in the US, review and draft US legal agreements, consult with US external counsel on exceptional matters, and provide oversight on all US related legal affairs. You will also conduct regulatory analysis and manage all US related compliance responsibilities to assess, remediate, and monitor compliance risks. You will assume the Chief Compliance Officer role for our Broker-Dealer and ATS.  Our BD executes trades and offerings of private shares and does not manage client assets.  The ideal candidate will have experience with US corporate and securities laws, experience in a compliance and management capacity, and a strong working knowledge of SEC, FINRA regulations as they pertain to private placements (under Reg D offerings). 

Location:  New York, NY, Hybrid (currently 3 days per week in-office) 

  

Responsibilities 

• Draft, revise, and negotiate agreements on behalf of the Company as related to US securities laws/regulations.

• Act as the Chief Compliance Officer for all regulated activities in the US; establish compliance programs and processes in accordance with best practices and knowledge of the regulatory environment.

• Educate and train Company personnel on current and impending regulations as well as industry best practices.

• Knowledge of US legal/compliance requirements and related internal controls

• Familiarity with industry practices and professional standards

• Work side by side with the Canadian legal/ and the Canadian CCO

• Review and revise sales and marketing materials, website terms of use, Altigo account reviews, and other collateral items for compliance with applicable US federal and state laws and regulations.

• Monitor and assist in the management of US-related corporate initiatives (including electronic trading platform).

  

Qualifications 

• 5+ years of related legal and compliance experience required.
• Admitted to practice in New York and in good standing.
• Proven experience in drafting and negotiating commercial and securities agreements.
• A self-motivated, entrepreneurial, and ‘outside the box’ thinker with excellent time management and interpersonal skills.
• Ability to manage changing priorities and a diverse range of legal duties, and a desire to innovate and excel.
• Possess a high level of independence, initiative, creativity, and attention to detail using excellent business judgment as well as strategic thinking skills.
• Financial services industry experience strongly preferred, including any experience with SEC, FINRA related regulations, private placement broker-dealers, RIAs, private fund formation, legal entity filings, and corporate governance.
• The primary focus is the U.S.; may include some international commercial work.

  

Salary & Benefits   

• Actual salaries may vary based on factors, such as skill, experience, location and qualifications for the role.
• 2024 range is $160,000 - $190,000 USD plus incentive plan and equity.
• Comprehensive Health & Benefit plan

  

If this opportunity sounds like it is a good match with your skills, background and career direction, please apply through our Careers Page (https://www.investx.com/careers/) with your cover letter and resume.  

  

InvestX welcomes applications from all qualified candidates, including women, persons with disabilities, aboriginal peoples, indigenous peoples, visible minorities, race, color, religion, sex, sexual orientation, gender identity, or national origin. Reasonable accommodation for applicants with disabilities is available upon request in connection with the recruitment process. If you have any questions about this job posting, please contact people@investx.com.