Family Office Financial Services (FOFS)
  • 01-Mar-2019 to 30-May-2019 (PST)
  • EB Dept
  • Los Angeles, CA, USA
  • Other

Background

Family Office Financial Services, LLC (FOFS) provides finance, accounting, human resources, technology, communications, executive administration and additional support to the Broad family, The Broad, The Eli and Edythe Broad Foundation, The Broad Center, The Broad Art Foundation, and Family Office Investment Services. Eli Broad has a reported net worth of more than $6 billion.

The Eli and Edythe Broad Foundation (TBF) was established by philanthropists Eli and Edythe Broad to advance entrepreneurship for the public good in education, science and the arts. The Broad Center (TBC) develops leaders to transform America's urban public-school systems. The Broad Art Foundation (TBAF) is a lending library of the over 2,000 works of contemporary art in the Broad collections. The Broad is a contemporary art museum in downtown Los Angeles with over 2.7 million visitors since it opened its doors in 2015.  Family Office Investment Services (FOIS) is the investment manager for the family and foundations.

Job Description

The General Counsel will work with the president of the Foundation and the CEO of the Family Office across all areas of philanthropic focus and organizational operations.  The position will be responsible for providing counsel on a range of legal issues applicable to programmatic work and general operations, liaising with The Broad Foundation board of governors, and providing external support and representation.

General Counsel responsibilities will include, but are not limited to:

  • Address a wide range of legal matters including private foundation tax law, governance, intellectual property, investments due diligence, and employment law and benefits issues
  • Serve as board liaison and oversee all activities of the board, including recordkeeping, meetings, committees, and all governance compliance matters; develop policies, reporting and trainings, as required
  • Act as representative both internally and externally, and negotiate on behalf of the Foundation
  • Provide counsel to senior management on all legal issues raised in the conduct of operations
  • Advise program staff on legal issues relating to grants and program related investments; negotiating, reviewing and preparing grant terms and other grant-related documents
  • Refine current and prospective employee policies, processes and trainings
  • Negotiate, review and prepare contractual arrangements with outside service providers, consultants and vendors
  • Review investment fund documents and perform legal due diligence as needed
  • Coordinate with outside legal counsel as appropriate on litigation and other matters
  • Ensure policies and procedures comply with regulatory requirements; keep current on new and emerging laws
  • Play an essential role in building and carrying the culture and values of the organizations

Qualifications:

  • JD in good standing with minimum of 8 or more years of legal experience; law firm and in-house counsel experience highly preferred
  • Experience leading, drafting and negotiating corporate, transactional and other legal documents
  • Deep knowledge of and experience with the laws and regulations applicable to private foundations and nonprofits, and the ability to formulate governance and compliance policies across all entities with regard to these rules
  • Fluency across key operational areas such as program, tax, HR, IT, and knowledge of how foundations function
  • Ability to use quantitative and qualitative data to present options for decision-making
  • Ability to juggle multiple competing demands and set priorities in a fast-paced environment while maintaining superb attention to detail
  • Exceptional interpersonal skills including strong written and verbal communication and ability to positively engage with individuals with a range of backgrounds
  • Demonstrated ability to build authentic partnerships, to collaborate, and to work with efficiency and diplomacy
  • Demonstrated ability to work both autonomously and as part of a team, always with flexibility, enthusiasm and determination
  • Proficiency using standard office software and legal research tools

 

In addition, the candidate must be:

  • A tenacious and skillful facilitator and problem solver, with the ability to anticipate issues before they arise and prioritize them appropriately once they do
  • A good listener who can be both empathetic and pragmatic
  • Organized and capable of functioning in a dynamic environment with a can-do attitude
  • A trusted colleague with good instincts, discretion and strong personal and intellectual integrity
  • Deeply committed to the Foundation's mission

 

Employment is contingent upon a satisfactory background and reference check, which will include a full credit and criminal report as well as verifications of employment and educational records. You must be legally authorized to work in the United States.

Location

This position is based in Los Angeles, California. Regular attendance in-office is required; flexible or part-time schedule considered. 

Compensation

The appointee's compensation package will be based on experience. FOFS offers excellent benefits including a variety of health plans and 401(k) plan.

To Apply

To be considered for this position, please upload your letter of interest and resume.  We will only contact candidates chosen for further consideration. No phone inquiries please. 

Equal Opportunity Employer

Family Office Financial Services, LLC does not discriminate on the basis of race, color, religion, ethnic or national origin (including associational and perception-based harassment and discrimination based on national origin), ancestry, marital status, sex, gender, gender identity, gender expression, age, medical condition (as defined by California law), genetic information, physical or mental disability, sexual orientation, military or veteran status, or any other status protected by applicable law with regard to employment opportunities.

The statements in this description represent typical elements, criteria, and general work performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required for the job.

Family Office Financial Services (FOFS)
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