VC Associate @ Assure in Salt Lake City, UT
Salt Lake City, UT
Entry Level +1 · Full time
Posted 3 years ago
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Full-service SPV/Syndicate Administration from startup to shut down. Assure is the pioneering, industry-leading provider of comprehensive structuring and administrative services for the syndicate and venture investment community. Assure offers professional, high-quality services and innovative software that streamlines setting up, closing and managing back-office fund administration for angel and private asset investing. Assure specializes in Special Purpose Vehicles (SPVs) and is the largest provider in the United States having completed over 8,000 SPVs to date. Specifically, Assure establishes and manages the investment vehicles needed for venture capital funds and high net worth individuals to invest in all asset classes, including but not limited to startups, real estate, secondaries, oil and gas, and art throughout the US and internationally. Assure’s clients range from venture capital and private equity fund managers, to equity crowdfunding platforms, angel groups and investor networks. Some of Assure’s notable clients include Equity Zen, Launch, Forge, Republic, Techcoast Angels, Miami Angels and many more deal makers.

Total Compensation

  • A competitive base salary starting at $65K/year, performance-based bonus, and 401k match up to 3%
  • Core benefits: medical/dental/vision, with the company contribution to medical benefit for employee and family
  • Company-paid employee life insurance, short-term disability, long-term disability, employee assistance program and virtual mental health counseling with medical enrollment
  • Other benefits such as hospital indemnity, identity theft, discounted pet insurance, dependent care savings account, and telemedicine
  • Paid time off includes accrued vacation, birthday, floating, sick days and 6 holidays
  • Paid maternal and paternal leave for eligible employees
  • Learning and professional development opportunities to gain deeper knowledge and understanding of private transaction fund administration services through Assure University
  • Peer-to-peer $ recognition program, monthly all team lunches and activities, quarterly service projects
  • Onsite gym and snacks at select locations
  • Volunteer opportunities
  • Work for a startup company focused on changing the private investment ecosystem

Job Description

Assure, a private equity transaction platform, analytics, and data company, is seeking to hire a Legal Associate to assist with its growing fund creation and administration service. The Legal Associate will join Assure’s legal team that has a broad range of responsibilities relevant to legal support for fund investment transactions. The work encompasses transactional, contractual, and regulatory matters and requires solid drafting skills. The ideal candidate will be very detail oriented, organized, able to multi-task, work well under pressure and exhibit a strong interest in the law and business administration work. The ability to communicate professionally with regulators, team members, business partners, and clients is crucial. This position requires regular in-person attendance in the office and punctuality to ensure optimal productivity and customer service.

Duties include

  • Investment vehicle set up (legal entity)
  • Screening and editing investment documents (side letters, fund governing documents, purchase agreements and more)
  • Managing the closing process of investment transactions
  • Assisting with federal and state securities and regulatory compliance filings, and annual financial reports
  • Managing investor communications, and tracking fund activity
  • Other tasks and projects as assigned

Our ideal candidate will possess the following traits and knowledge

  • Juris Doctorate degree or obtaining a JD within the first six months of employment, prior experience is not necessary
  • Member of the Utah Bar preferred, but not necessary
  • Proficiency in Word, Excel, and CRM database
  • Excellent organizational and analytical skills
  • An ability to drive multiple processes simultaneously, each at different stages, to plan, organize and complete work assignments in a timely and accurate manner
  • Outstanding written and verbal communication with the ability to present at the highest levels of an organization
  • Detail orientation, organized, and efficient in their ability to multi-task
  • Ability to interact with all levels of associates and work in a team-oriented environment, handling confidential information in a discreet, professional manner
  • Must be dependable and able to work independently with minimal supervision
  • Must have a strong service orientation, with excellent follow-up / follow-through
  • Must be willing to embrace change and be able to implement change
  • Must have the highest degree of integrity and ethics

If interested, please apply here.

Assure
Assure specializes in special purpose vehicles (SPVs) and fund administration for the private investment marketplace.
Size:  51-100 employees
Funding Level:  Early-stage Startup
Total Amount Raised:  $2.2 M
Year Founded:  2010
Investors
Jason Calacanis
LAUNCH
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