Legal Counsel, Fund Investments

AustralianSuper is the largest superannuation fund in Australia – in the top 20 largest funds globally and top 50 asset owners globally.

With more than US $230 billion in current assets under management, and a world-class investment team, AustralianSuper has the appetite and capability to directly invest in large-scale opportunities.

Our New York office is made up of more than 70 colleagues and is expected to grow significantly over the next few years; so, when you join, you become a key part of building our culture.

Your new role

Due to our growth, we are expanding our investment capabilities in New York, focusing on Infrastructure, Property, Private Credit and Private Equity. As Legal Counsel, Fund Investments, your role is designed to ensure that the commercial elements regarding the Fund’s investments are effectively identified, negotiated and documented at the outset, and continuously monitored. This position is based on-site at 1251 Avenues of the Americas, with a hybrid work schedule; and will report to the Head of Investments Legal, who is also based in New York.

Key responsibilities

Independently, and / or in conjunction with another lawyer, negotiate, draft and provide strategic legal advice on legal documentation and commercial terms relating primarily to the Fund’s commingled fund investments and related investment activity in private markets (private equity and infrastructure).

Lead the identification, escalation and mitigation of legal risks associated with the Fund’s investment activities as part of the legal work stream.

Build and develop professional working relationships with members of the asset class teams located locally and in other offices.

Manage the due diligence required in respect of assets in which the Fund is planning to invest, with a particular focus on the Fund’s commingled fund investments.

Manage external law firms and due diligence providers on matters to ensure all material risks are addressed to the Fund’s satisfaction.

Take an active role in the development and implementation of appropriate control processes, precedents and checklists for the ongoing review of investments in unlisted assets.

What we’re looking for

JD Degree from and accredited U.S. law school and admitted to the Bar in a US jurisdiction (with a strong preference with the New York Bar)

3 to 6 years of experience (preferably with significant exposure to commingled fund investment transactions) working within private practice at a large law firm, with an understanding of private equity, corporate and M&A transactional law.

Experience working on large-scale corporate / commercial transactions with a robust working knowledge of limited partnership agreements, shareholder arrangements, co-investment and co-underwrite transaction investments.

Demonstrates sound commercial judgement and a results orientation.

Ability to manage projects with a number of parties and service providers

Developed understanding of negotiation strategies

Experience with drafting contracts, preparing reports, analyzing information and drawing conclusions

Understanding of due diligence requirements relating to investments.

Life at AustralianSuper

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined, that’s why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow, and ultimately to deliver better outcomes for members.

As we collaborate with colleagues across multiple time zones flexibility in work hours are both a requirement and opportunity for this role.

We offer great benefits, including generous 401(K) matching, health insurance and promote a blended working environment in which all roles can flex, and we’re happy to discuss what this looks like for you.

We are committed to supporting our diverse workforce in a way that is inclusive and embraces diversity in all its forms. If you require any reasonable adjustments to the recruitment process or the role, please let our recruitment team know.

Pay transparency notice

The pay range for this position is $300,000 to $375,000 (this is based on full-time hours, located in New York City). The compensation offered may vary depending on job related knowledge, skills, and experience and refers to the amount AustralianSuper is willing to pay at the time of posting.

What’s next

Apply now, if you share our values of Energy, Integrity, Generosity of Spirit and Excellent Outcomes and would like the opportunity to work in a challenging, growing and rapidly evolving team to deliver outstanding results.

Progress, powered by purpose

All employees and applicants are evaluated on the basis of their qualifications, consistent with applicable state and federal laws, without regard to race, color, ancestry, sex which includes pregnancy, childbirth, breastfeeding and related medical conditions), sexual orientation, gender identity and / or expression, age, religious belief, national origin, marital status, physical or mental disability, medical condition, genetic information, military or veteran status, or other protected basis, all as defined by applicable laws. We are committed to providing equal employment opportunities for all.