Senior Endowment Counsel, Rice Management Company
Senior Endowment Counsel, Rice Management Company
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Job Description
Special Instructions to Applicants:All interested applicants should attach a resume in the Supporting Documents section of the application preferably in a PDF format to avoid any formatting issues.
About Rice:
Boasting a 300-acre tree-lined campus in Houston Texas Rice University is ranked among the nations top 20 universities by U.S. News & World Report. Rice has a 6-to-1 undergraduate student-to-faculty ratio and a residential college system which supports students intellectually emotionally and culturally through social events intramural sports student plays lectures series courses and student government. Developing close-knit diverse college communities is a strong campus tradition which is why Rice is highly ranked for best quality of life and best value among private universities.
Rice is also a wonderful place to work. Rice faculty staff and students share values that are essential to our success as a healthy community. Those values guide our decisions and behaviors and shape Rices culture. They come through in the way we treat each other and the welcome we extend to our visitors. These values can be recalled simply by our name RICE Responsibility Integrity Community and Excellence.
Position Summary:
The Rice University endowment is approximately $7.5 billion and ranks in the top 20 endowments of private research universities (by market value) in the US. The Endowment is critical to the universitys ability to achieve its goals. The annual distribution from the endowment funds nearly half of the universitys annual operating budget which includes providing access to students regardless of ability to pay. The Rice Management Company (RMC) is a division of Rice University with the goal of providing a stable source of funding for current university operations and preserving and growing the purchasing power of the endowment to benefit future generations of students. The RMC is responsible for all endowment matters of the university including asset allocation the selection and termination of investment managers monitoring performance of the portfolio and reporting to the Rice Management Company Board of Directors. The endowment primarily utilizes outside investment managers and invests globally across all asset classes.
The Senior Endowment Counsel role is part of the team responsible for addressing legal issues arising out of the activities of the RMC and for protecting the legal interests of the endowment and the university. The role represents and advises internal clients resolves legal issues interacts with external parties and facilitates investment transactions with a focus on legal oversight for the investment portfolio. This position reports directly to the RMC General Counsel and when giving legal advice reports to Rice Universitys Vice President and General Counsel through the RMC General Counsel. RMCs General Counsel is a Senior Associate General Counsel within the Universitys Office of General Counsel and when giving legal advice reports to and takes direction from Rice Universitys General Counsel.
Workplace Requirements:
This position is exclusively on-site necessitating all duties to be performed in-person. PerRice policy 440 work arrangements may be subject to change.
Hiring Range: Commensurate based on education and experience
*Exempt (salaried) positions underFLSA are not eligible for overtime.
Minimum Requirements:
- Juris Doctorate from an ABA-accredited law school Member of the Texas Bar or eligible for admission
- Five or more (5) years of relevant experience as an attorney; 3 years of which include private equity fund formation and/or fund investment for general or limited partners
Skills:
- Excellent writing legal document drafting analytical negotiation and communication skills
- Commitment to fostering teamwork building collaborative relationships and demonstrating excellent interpersonal skills
- Strong ability to provide outstanding client service and deliver quality work products timely manner while effectively managing competing deadlines
- Exhibits good judgment and discretion in sensitive matters
- Proficiency in Microsoft Office Suite
Preferences:
- Ten or more (10) years of experience as a practicing transactional attorney with 7 or more years involving private equity and other investments
Essential Functions:
- Serves as a senior-level counsel for areas of the portfolio such as private equity alternative investments and other complex investment asset classes conferring with the RMC General Counsel as appropriate
- Reviews and drafts agreements and other legal documents including limited partnership agreements subscription documents service provider agreements bank and brokerage agreements purchase and sale agreements development agreements leases licenses broker agreements confidentiality agreements engagement letters as well as internal policies to ensure compliance with applicable law
- Investigates legal questions and makes recommendations to internal clients
- Conducts research on industry standards laws and proposed legislation
- Demonstrates ability to analyze information and evaluate results to identify the optimal solution and resolve issues
- Represents the RMC in contract negotiations internal and external meetings and policy matters as appropriate
- Reviews and assists with payment of invoices from outside counsel and consultants
- Identifies business process solutions and provides recommendations to streamline processes; and maintains knowledge of industry trends and activity
- May supervise or mentor others
- Serves on committees as assigned
- Perform all other duties as assigned
Additional Functions:
- Periodically coordinates with external legal accounting and other consultants to complete related reports analyses and duties pertaining to legal matters
- Maintains an organized electronic document filing system
- Leads or assists with special projects as needed
Rice University HR Benefits: Mission and Values:Mission and Values Rice University
Rice University is committed to ensuring Equal Employment Opportunity and welcoming the fullness of diversity into our candidate pools. Rice considers qualified applicants for employment without regard to race color religion age sex sexual orientation gender identity national or ethnic origin genetic information disability or protected veteran status. Rice also provides reasonable accommodations to qualified persons with disabilities. If an applicant requires a reasonable accommodation for any part of the application or hiring process please contact Rice Universitys Disability Resource Center at or for support.
If you have any additional questions please email us at. Thank you for your interest in employment with Rice University.
Required Experience:
Senior IC
Employment Type
Full-Time
