Aegon Asset Management (Aegon AM) is a leading global investor. Our 350 investment professionals manage and advise on assets of US $384 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.
We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.
We are an international business: Our 1,125 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.
Position Overview:
The Senior Counsel will work closely with Aegon AM’s Low Income Housing Tax Credit (LIHTC) platform, including Production (acquisitions), Fund Management, Asset Management, and Investor Relations teams. With experience as a practicing attorney and equipped with a solid understanding of LIHTC legal matters, the Senior Counsel will work closely with the business teams to review documents, engage with outside counsel and ensure that the legal-related requirements of Aegon Asset Management and its investors are satisfied throughout the lifecycle of the investments. The ideal candidate will also have Commercial Mortgage Loan (CML) experience and be able to provide similar services to the CML platform on occasion. The position works with some supervision.
Responsibilities:
Review, comment on and negotiate LIHTC documents, including Letters of Intent, Limited Partnership Agreements and Fund Agreements.
Engage with outside tax counsel, review tax opinions.
Oversee the legal due diligence process for individual transactions.
Facilitates closings of upper and lower tier LIHTC transactions.
Manage post-closing asset management matters which require legal involvement.
Structure new tax credit funds for syndication.
Manage the due diligence process for admitting new transactions into funds.
Respond to investor counsel questions and comments.
Possesses LIHTC equity subject matter expertise, with some knowledge of corporate law, tax law, commercial mortgage loan and similar real estate transactions and housing tax credit transactions.
Studies proposed and existing legislation affecting the Company and advises departments concerned.
Prepares corporate resolutions and forms.
Guards against legal risks involving the company.
Work may be reviewed.
Required Qualifications:
JD degree required.
State bar admission.
4+ years of experience.
Preferred Qualifications:
4+ years of LIHTC equity experience.
Experience with real estate private equity and commercial mortgage loan transactions.
Ability to provide quality legal services, based on experience, while working in a fast paced environment with little oversight.
Ability to handle heavy workload in efficient manner. Demonstrate project tracking and prioritization to manage multiple projects with shifting priorities, including status reporting and appropriate follow up.
Demonstrate sound business judgment in combination with legal analysis.
Ability to work successfully in a team environment. Able to develop rapport with others and recognize their concerns and adapt to varying customer needs; build and maintain long-term associations based on trust.
Ability to work well independently, with a remote team.
Travel occasionally required.
Strong written and oral communication skills.
Solid PC skills with proficiency in Microsoft Word and Excel.
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**
The salary for this position generally ranges between $160,000 - $190,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, the position is typically eligible for an Annual Bonus based on the Company Bonus Plan / Individual Performance and is at the Company’s discretion.
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits:
Benefits Package:
Health and Work/Life Balance Benefits:
Paid Time Off starting at 160 hours annually for employees in their first year of service
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays)
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Job and compensation levels depend upon an applicant’s qualifications including the extent of candidate’s relevant experience and other job-related factors and will be determined by hiring supervisors/managers and HR.
At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.
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At Aegon Asset Management, we invest in You.
Our people are our greatest asset; with a competitive rewards program including incentive compensation, health and wellness benefits, retirement programs, and learning and development opportunities, our employees are engaged and empowered. Come be a part of driving our success!
AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Aegon Companies. Please contact: [email protected] if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.
If you experience technical problems during the application process, please email [email protected].
