Brookfield Asset Management, a leading global alternative asset manager, has an exemplary 100+ year history of owning and operating real assets and related businesses. In 2019, Brookfield acquired a majority interest in Oaktree Capital, a leader among global investment managers specializing in credit and other alternative investments. Together, Brookfield and Oaktree share a long-term, value-driven, contrarian investment style, focusing on sectors in which their in-depth operating experience and market knowledge provide a competitive advantage.
Brookfield Oaktree Wealth Solutions is a newly created entity serving the global wealth management channel, delivering the strength and expertise of Brookfield and Oaktree across private and public funds. The business unit is dedicated to effectively supporting the financial intermediary community and bringing timely & unique solutions to market with the individual investor in mind.
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
About the role
We are seeking to add a resource to the BOWS Legal and Regulatory Team in its Singapore office. Reporting to the Managing Director for Legal for BOWS ex North America (who is based in London), the role will be primarily responsible for supporting negotiating distribution agreements, and other product distribution-related agreements with the wealth management intermediary channels and platforms in relation to Brookfield and Oaktree private and registered funds as well as providing legal support to the BOWS APAC team. The role will have responsibility for a range of work, including advising on the regulation, establishment, management, governance and marketing of Brookfield’s and Oaktree’s investment funds within the wealth management channels. The investment funds in scope include closed end private funds, open end private funds, open end registered funds and semi-liquid registered funds and global feeder funds into the above funds. The candidate will collaborate with legal and regulatory personnel and teams at both Brookfield and Oaktree, as needed, and engage with external counsel to ensure alignment of legal and regulatory approach(es) across Brookfield and Oaktree.
Key Responsibilities
Negotiate distribution agreements, letters of understanding, selling agreements and other product distribution-related agreements with the wealth management intermediary channels and platforms in relation to Brookfield and Oaktree private fund and semi-liquid products.
Engage with Brookfield’s and Oaktree’s internal and external legal counsel throughout negotiation of agreements with wealth management intermediaries.
Engage with personnel from technology platform partners that Brookfield contracts with to develop feeder fund structures for onshore and offshore distribution of products through wealth management intermediaries.
Advise the business on cross border sale of US and EU fund together with any offshore feeder funds into jurisdictions across APAC.
Assist in responding to due diligence queries from prospective investors specific to the legal structure of Brookfield and Oaktree funds.
About You
Juris Doctorate (J.D) or equivalent from an accredited institution.
Licensed to practice law and a member in good standing in Singapore.
7+ years of experience, previous in-house experience preferred but will consider candidates from private practice with good experience with a focus on private funds and/or semi-liquid offerings and distribution-related matters.
Working knowledge of the rules and regulations impacting broker-dealers, onshore and offshore registered and private funds and semi-liquid offering, private fund structuring and formation, and feeder fund formation.
Working knowledge of, and experience working with and applying, the regulatory requirements and restrictions that apply to the marketing and distribution of private funds and semi-liquid offerings on a global basis.
Familiarity with tax issues relating to private funds preferred but not required.
Strong client orientation with excellent interpersonal and communication skills, and ability to give commercial advice and guidance to internal clients.
Desire to work in a team‐based entrepreneurial environment with an ability to collaborate and build relationships with individuals at all levels of the organization .
Strong analytical and problem-solving skills combined with attention to detail and thoroughness
Solid written and verbal communication.
Mandarin, Cantonese language an advantage.
Resourceful, commercial and proactive when issues arise.
Able to establish priorities, work on multiple assignments, meet competing deadlines and work in a dynamic, fast-paced global environment.
Travel
Employee will need to be flexible and open to travel both domestic and international as needed.
Brookfield Asset Management does not accept unsolicited resumes from recruitment agencies. Any resumes submitted without a prior request from us will be considered the property of Brookfield and we may choose to engage with the candidate directly. We respectfully request that recruitment agencies do not contact us regarding this position.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.