General Counsel, Investments

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. 

We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what's best for our customers and collaborate to drive progress. 
• Make it happen. We work with intention toward a common purpose and forge ways forward together. 
• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

POSITION TITLE

General Counsel, Investments

POSITION LOCATION
Stamford, CT
YOUR ROLE
As an Investments team member, you’ll play a key role in the innovative investment strategies that enable our company and our financial products to serve our customers and their families when they need us most – now and in the future. Reporting directly to the Chief Investment Officer, with an additional line into the HQ General Counsel, the Investments General Counsel will provide legal, compliance, and governance expertise, advice, risk mitigation and leadership to Genworth's Investments organization.

• Serve as a core member of the Investments leadership team, partnering closely with functional leaders, asset class heads and senior stakeholders including the CFO and Operations leadership to drive strategic priorities and execution
• Be responsible for and manage the Investments Legal and Compliance teams
• Significant interaction with the HQ General Counsel and HQ legal team and other company business segments

What you will be doing

• Provide legal and internal governance advice and guidance to the Chief Investment Officer and the Investments leadership team
• Collaborate with Chief Investment Officer and Investments leadership team on Investments annual goals, new and continuing strategic matters and issues that arise in the ordinary course
• Manage the Investments legal and compliance team, including personnel development, expense management and prudent allocation of legal resources, including use and oversight of external counsel
• Advise on corporate governance matters at the corporate and subsidiary board and Investment Committee levels, ensuring compliance with governance policies and procedures
• Monitor regulatory developments at the NAIC and state legislative and regulatory levels, guide colleagues on laws and regulations related to investment-related activities and represent the organization in regulatory and industry forums to ensure alignment and compliance with legal and compliance standards relating to investments
• Assist with identification and coordination of legal initiatives and strategies at Genworth enterprise-level to ensure consistency and appropriate legal risk mitigation
• Ensure coordination of Investments litigation and legal liability risk assessment including management of external legal counsel with Genworth’s litigation experts
• Review, draft, and negotiate investment-related contracts, including investment management agreements, limited partnership agreements, derivatives contracts and financing arrangements
• Coordinate with and be an active participant in Genworth legal and compliance leadership team and keep Genworth’s General Counsel apprised of legal and compliance issues relating to Investments

What you bring

• JD from an accredited law school and member in good standing of at least one state bar
• 10+ years of investments, insurance, and/or transactional legal experience
• Demonstrated experience developing and supporting teams providing legal advice and compliance support
• Experience leading a team, managing people, and processes to efficiently accomplish objectives
• Strong prioritization, organizational and interpersonal skills
• Excellent oral and written communication, negotiation, project management, and change management skills
• Demonstrated flexibility and ability to perform in a rapidly changing, fast-paced environment
• Proven ability to execute against established goals
• Sound judgment with ability to work as both a team member and leader
• Ability to interface with multiple constituencies
• Ability to focus on details while maintaining attention on strategic priorities

Nice to have

• Experience in nationally recognized corporate law practice
• Demonstrated experience with implementing artificial intelligence in law practice
• Government relations experience

Employee Benefits & Well-Being

Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.

• Competitive Compensation & Total Rewards Incentives
• Comprehensive Healthcare Coverage
• Multiple 401(k) Savings Plan Options
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
• Caregiver and Mental Health Support Services

ADDITIONAL

• At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

For the State of New York:

The base salary pay range for this role starts at a minimum rate of $211,700 up to the maximum of $403,100.  In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 40% of your base compensation.  The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.