Legal Analyst, LACERA (Investments)
About the position
The current vacancy is in the Investments and Commercial Transactions Section of the Legal Division at the Los Angeles County Employees Retirement Association (LACERA). This position is integral to a team comprising attorneys, legal analysts, and secretarial support, all dedicated to providing legal advice and representation on investment issues. The role involves transactional support to LACERA and its Boards of Retirement and Investments, the Executive Office, the Investment Division, and other divisions as necessary. The primary focus is on investing pension plan assets to ensure benefits for members and their beneficiaries. The legal issues addressed will include the interpretation of state regulations, Anti-Money Laundering (AML) and Know Your Customer (KYC) rules, the Internal Revenue Code, and other tax regulations, as well as registration requirements with regulatory agencies, policies, and procedures that may impact the pension plan and its investments within a complex global portfolio. The responsibilities of this position will encompass a variety of tasks including research, analysis, troubleshooting, and responding to internal client requests. The Legal Analyst will be responsible for completing investment-related questionnaires, forms, and registrations, maintaining title holding entities in the real estate portfolio, drafting minutes and resolutions, assisting with investment closings, managing tax returns, applying for tax exemptions, submitting country registrations and powers of attorney to custodians, processing invoices, and keeping logs and spreadsheets updated. The Legal Division consists of a Chief Counsel, Senior Staff Counsels, Staff Counsels, Legal Analysts, and Legal Secretaries, and the legal staff operates within four sections: Litigation and Employment, Investments and Commercial Transactions, Benefits, and Disability. This full-time position requires a 5/40 work schedule (eight hours a day, Monday through Friday) and offers a hybrid work environment, allowing for telework up to three days per week depending on the needs of the Legal Division and LACERA. The current vacancy is specifically in the Investments and Commercial Transactions Section, but the resulting eligible register can be utilized to fill both current and future vacancies throughout the Legal Division.
Responsibilities
• Provide legal advice and representation on investment issues.
,
• Support transactional activities for LACERA and its Boards of Retirement and Investments.
,
• Interpret state regulations, AML/KYC rules, and the Internal Revenue Code.
,
• Conduct research and analysis on investment-related matters.
,
• Respond to internal client requests regarding legal issues.
,
• Complete investment-related questionnaires, forms, and registrations.
,
• Maintain title holding entities in the real estate portfolio.
,
• Draft minutes and resolutions for investment activities.
,
• Assist with investment closings and manage tax returns.
,
• Apply for tax exemptions and submit country registrations to custodians.
,
• Process invoices and maintain logs and spreadsheets.
Requirements
• Certificate of completion of a paralegal training program approved by the American Bar Association or equivalent, plus four years of experience in a legal office performing investment paralegal duties.
,
• Graduation from an accredited law school with one year of experience in a legal office performing investment paralegal duties.
,
• Valid California Class C Driver License or ability to utilize alternative transportation for job-related functions.
Nice-to-haves
• Experience analyzing and reviewing documents regarding the purchase and sale of improved real estate.
,
• Experience with tax issues, including tax returns and exemption forms.
,
• Experience filling out country registrations and powers of attorney for custodian accounts.
,
• Experience preparing and filing documents to incorporate or organize entities.
,
• Experience drafting corporate minutes, consents, and resolutions.
,
• Experience analyzing private placement memoranda and partnership agreements.
,
• Experience preparing or reviewing invoices for legal services.
,
• Familiarity with WESTLAW, LEXIS, and other online research resources.
,
• Proficiency in Microsoft Office Suite, including Word, Excel, Teams, and SharePoint.
,
• Experience using Adobe for formatting and editing PDFs.
Benefits
• Cafeteria benefit plan (14.5%-17% of monthly salary)
,
• Annual leave
,
• Defined benefit retirement plan
,
• Savings Plan (401k) with employer matching up to 4%
,
• Deferred Compensation Plan (457) with employer matching up to 4%
,
• 13 paid holidays per year
,
• Hybrid work schedule
,
• Rideshare program for commuting alternatives.
Apply Now
The current vacancy is in the Investments and Commercial Transactions Section of the Legal Division at the Los Angeles County Employees Retirement Association (LACERA). This position is integral to a team comprising attorneys, legal analysts, and secretarial support, all dedicated to providing legal advice and representation on investment issues. The role involves transactional support to LACERA and its Boards of Retirement and Investments, the Executive Office, the Investment Division, and other divisions as necessary. The primary focus is on investing pension plan assets to ensure benefits for members and their beneficiaries. The legal issues addressed will include the interpretation of state regulations, Anti-Money Laundering (AML) and Know Your Customer (KYC) rules, the Internal Revenue Code, and other tax regulations, as well as registration requirements with regulatory agencies, policies, and procedures that may impact the pension plan and its investments within a complex global portfolio. The responsibilities of this position will encompass a variety of tasks including research, analysis, troubleshooting, and responding to internal client requests. The Legal Analyst will be responsible for completing investment-related questionnaires, forms, and registrations, maintaining title holding entities in the real estate portfolio, drafting minutes and resolutions, assisting with investment closings, managing tax returns, applying for tax exemptions, submitting country registrations and powers of attorney to custodians, processing invoices, and keeping logs and spreadsheets updated. The Legal Division consists of a Chief Counsel, Senior Staff Counsels, Staff Counsels, Legal Analysts, and Legal Secretaries, and the legal staff operates within four sections: Litigation and Employment, Investments and Commercial Transactions, Benefits, and Disability. This full-time position requires a 5/40 work schedule (eight hours a day, Monday through Friday) and offers a hybrid work environment, allowing for telework up to three days per week depending on the needs of the Legal Division and LACERA. The current vacancy is specifically in the Investments and Commercial Transactions Section, but the resulting eligible register can be utilized to fill both current and future vacancies throughout the Legal Division.
Responsibilities
• Provide legal advice and representation on investment issues.
,
• Support transactional activities for LACERA and its Boards of Retirement and Investments.
,
• Interpret state regulations, AML/KYC rules, and the Internal Revenue Code.
,
• Conduct research and analysis on investment-related matters.
,
• Respond to internal client requests regarding legal issues.
,
• Complete investment-related questionnaires, forms, and registrations.
,
• Maintain title holding entities in the real estate portfolio.
,
• Draft minutes and resolutions for investment activities.
,
• Assist with investment closings and manage tax returns.
,
• Apply for tax exemptions and submit country registrations to custodians.
,
• Process invoices and maintain logs and spreadsheets.
Requirements
• Certificate of completion of a paralegal training program approved by the American Bar Association or equivalent, plus four years of experience in a legal office performing investment paralegal duties.
,
• Graduation from an accredited law school with one year of experience in a legal office performing investment paralegal duties.
,
• Valid California Class C Driver License or ability to utilize alternative transportation for job-related functions.
Nice-to-haves
• Experience analyzing and reviewing documents regarding the purchase and sale of improved real estate.
,
• Experience with tax issues, including tax returns and exemption forms.
,
• Experience filling out country registrations and powers of attorney for custodian accounts.
,
• Experience preparing and filing documents to incorporate or organize entities.
,
• Experience drafting corporate minutes, consents, and resolutions.
,
• Experience analyzing private placement memoranda and partnership agreements.
,
• Experience preparing or reviewing invoices for legal services.
,
• Familiarity with WESTLAW, LEXIS, and other online research resources.
,
• Proficiency in Microsoft Office Suite, including Word, Excel, Teams, and SharePoint.
,
• Experience using Adobe for formatting and editing PDFs.
Benefits
• Cafeteria benefit plan (14.5%-17% of monthly salary)
,
• Annual leave
,
• Defined benefit retirement plan
,
• Savings Plan (401k) with employer matching up to 4%
,
• Deferred Compensation Plan (457) with employer matching up to 4%
,
• 13 paid holidays per year
,
• Hybrid work schedule
,
• Rideshare program for commuting alternatives.
Apply Now