Job Description
We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview:
You will be responsible for supporting asset management/investment and entity management matters and assisting attorneys within the StepStone Legal team, primarily supporting the Real Estate asset class and secondarily the Infrastructure & Real Assets asset class. You will also be involved in instituting best practices and improving processes and procedures with respect to various legal, compliance and operational initiatives. You will initially report into the Head of Legal, Real Estate and be an integral member of the StepStone Legal team.
Essential Job Functions:
- Assist the Legal team in all phases of investment transactions from inception to closing, including coordination of communications within and outside the firm, document preparation, entity formation, closing mechanics and post-closing administration
- Coordinate legal and regulatory review of private funds to be presented to investment committees; assist with due diligence and management of data rooms
- Complete and review AML/KYC and FATCA/CRS profiles for firm-sponsored funds and firm clients/investors
- Lead the process of completing subscription and related documents for private markets fund investments, co-investments, direct investments and secondary investments, including all related KYC and AML requests from counterparties; manage all communication between StepStone and the relevant counterparties
- Negotiate confidentiality agreements
- Review and complete documentation for transfers in firm-sponsored funds as well as investment transfers for warehousing or reallocation purposes
- Organize and maintain legal closing documents and other corporate records
- Organize and appropriately handle/file legal documents and sensitive, confidential information and ensure action/attention required is addressed
- Gather data and compile various reports for legal team
- Partner with attorneys with respect to invoice management and other legal operations matters
- Work on special projects from time to time as appropriate and subject to availability (e.g. process efficiencies)
- Own and manage transaction checklists and closing timelines across multiple concurrent investments
Education and/or Work Experience Requirements:
- Undergraduate university degree is required
- 2+ years’ prior paralegal and/or funds operational experience is required, preferably with some portion relating to private markets (private equity, real estate private equity, infrastructure private equity, venture capital or hedge funds) either in a law firm or asset management firm
Required Knowledge, Skills, and Abilities:
- Possess excellent communication skills, both verbally and in written form; proficiency in the use of electronic document databases and filing systems software and other office equipment is required
- Utilize effective time management skills to maintain a commitment to quality and attention to detail; ensure that all work is completed accurately and on time
Other Attributes:
- Professionally communicate with all levels of staff, internal and external
- Highly organized individual who is detail-oriented, logical, able to multi-task and committed to meeting deadlines with limited supervision
- Strong process improvement orientation; project management skill sets
- High level reasoning and ability to make common sense decisions tempered by knowledge, often under difficult time constraints
- Foster a sense of teamwork, assisting others when needed/required; work collaboratively with paralegals/attorneys supporting other asset classes to share best practices
- Flourish in a challenging, fast-paced, and professional environment with frequent shifts in priorities as business needs dictate
- Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of StepStone
- Focus on specific goals and demonstrate a sense of personal growth, accountability and urgency for achieving results
- Ability to work independently with limited supervision while maintaining high standards of accuracy and judgment
#LI-Hybrid
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Candidates must be at least 18 years old to apply.
Developing People at StepStone
