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Hedge Fund Counsel Jobs (NOW HIRING)

Weiss Asset Management

Senior Counsel

Boston, MA · On-site

$220K - $270K/yr

We manage approximately $4.5 billion across our hedge fund clients. We work collaboratively to solve problems, and to identify undervalued assets through deep fundamental research, statistical ...

Weiss Asset Management

Senior Counsel

Boston, MA · On-site

$220K - $270K/yr

We manage approximately $4.5 billion across our hedge fund clients. We work collaboratively to solve problems, and to identify undervalued assets through deep fundamental research, statistical ...

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Hedge Fund Counsel information

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$64K

$131.9K

$209K

How much do hedge fund counsel jobs pay per year?

As of Aug 29, 2026, the average yearly pay for hedge fund counsel in the United States is $131,912.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,000.00 and $160,500.00 per year, depending on experience, location, and employer.

What does a hedge fund counsel do?

A Hedge Fund Counsel is a legal professional who advises hedge funds on a variety of legal, regulatory, and compliance issues. Their responsibilities typically include structuring fund offerings, drafting and reviewing fund documents, assisting with regulatory filings, and ensuring the fund complies with relevant laws. They also help manage relationships with investors and regulators, and may advise on matters such as fund governance and risk management. In addition to providing daily legal support, Hedge Fund Counsel play a key role in navigating complex transactions and mitigating legal risks for the fund.

What are the key skills and qualifications needed to thrive as a hedge fund counsel, and why are they important?

To thrive as a Hedge Fund Counsel, you need a Juris Doctor (JD) degree, admission to the bar, and strong expertise in securities law, regulatory compliance, and fund formation. Familiarity with legal research databases, document management systems, and compliance software is typically required. Outstanding analytical skills, attention to detail, and the ability to communicate complex legal concepts clearly set top candidates apart. These skills and qualities are crucial for ensuring legal compliance, managing risk, and supporting the fund's strategic objectives in a complex regulatory environment.

What are some common challenges faced by hedge fund counsel in ensuring regulatory compliance, and how are they typically addressed?

Hedge fund counsel frequently encounter challenges in navigating the evolving landscape of financial regulations, such as SEC requirements and anti-money laundering laws. Staying up-to-date with changing rules and interpreting their impact on fund operations can be complex. To address these challenges, hedge fund counsel work closely with compliance teams, conduct regular training sessions, and implement robust internal controls. They also maintain strong relationships with external advisors and regulators to proactively identify and mitigate compliance risks.

What is the difference between Hedge Fund Counsel vs Hedge Fund Paralegal?

AspectHedge Fund CounselHedge Fund Paralegal
Required CredentialsLaw degree, bar admission, legal experience in financeAssociate's degree or paralegal certification, legal support experience
Work EnvironmentLaw firms, in-house legal departments, financial firmsLaw firms, hedge fund offices, legal support teams
Employer & Industry UsageLegal professionals providing legal advice and complianceSupporting legal teams with document preparation and research
Common Search & Comparison IntentUnderstanding legal roles in hedge fundsSupporting legal staff in hedge fund legal processes

Hedge Fund Counsel and Hedge Fund Paralegal roles differ mainly in qualifications and responsibilities. Counsel are licensed attorneys providing legal advice, while paralegals support legal teams with research and document preparation. Both work within hedge fund environments but serve distinct functions in legal operations.

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Cities with the most Hedge Fund Counsel job openings:

What states have the most Hedge Fund Counsel jobs?

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What job categories do people searching Hedge Fund Counsel jobs look for?

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Hedge Fund Counsel jobs near you
Infographic showing various Hedge Fund Counsel job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 78% Full Time, 19% Part Time, and 2% Contract. Highlights an 91% Physical, 4% Hybrid, and 5% Remote job distribution, with an average salary of $131,912 per year, or $63.4 per hour.

Structured Finance Attorney

Axiom Talent Platform

New York, NY • On-site

$309K/yr

Full-time

Medical, Dental, Vision, PTO

Re-posted 6 days ago

Job description

Join Our Team as an Attorney at Axiom

We are seeking a Structured & Investment Fund Counsel to join our Financial Services team. In this role, you will provide expert legal advice and support to our clients in private and registered investment funds, ensuring compliance with U.S. and international fund regulations. This position offers a unique opportunity to collaborate with leading fund managers on fund formation, governance, and regulatory compliance, shaping investment strategies and documentation across diverse structures. This is an existing vacancy.

Responsibilities:
  • Drafting, reviewing, and negotiating fund formation documents, offering memoranda, investment management agreements, and partnership agreements.
  • Providing legal guidance on SEC registration, fund governance, and compliance with the Alternative Investment Fund Managers Directive (AIFMD) and UCITS frameworks.
  • Collaborating with internal teams, fund managers, and external counsel on fund structuring, compliance reviews, and audits.
  • Managing legal and regulatory issues for clients in private equity, hedge funds, and registered investment funds.
  • Staying ahead of industry trends, fund regulations, and global compliance developments to provide proactive counsel.
Qualifications:
  • 3+ years of experience in investment fund formation, structuring, and governance.
  • Strong knowledge of SEC regulations, AIFMD, UCITS, and partnership structures (LP/GP).
  • Proven track record of advising clients on fund formation, offering documentation, and regulatory compliance.
  • Excellent communication, negotiation, technology, and problem-solving skills.
  • Juris Doctor (JD) degree or equivalent and licensed to practice law in an applicable jurisdiction.
Preferred Skills:
  • Experience with international fund structures and cross-border compliance.
  • Hands-on experience supporting fund audits, SEC filings, and regulatory reporting.
  • Familiarity with alternative investment products, private equity, and hedge fund operations.
Compensation:

The estimated total compensation for full-time Axiom attorney roles is $104,500-325,000 per year and for non-attorney roles is $71,250-309,750 per year. Compensation decisions are based on various factors, including, but not limited to, experience, skills, certifications, location, and business needs.  Employees may be eligible for additional benefits, including health, dental, and vision insurance; paid holidays and PTO; flexible work arrangements; and professional development opportunities and tools.

About Axiom:

For over 25 years, Axiom has pioneered the alternative legal services industry, now serving more than 1,500 legal departments globally with our unique blend of world-class legal talent and advanced AI tools, delivering innovative solutions ranging from that combine top-tier talent with cutting-edge technology. We tackle complex legal matters across 12 practice areas for clients ranging from Fortune 100 to SMBs, empowering our legal professionals to engage in meaningful work that advances their careers. Our Talent NPS score of +71% and our Client NPS score of +64% highlight our commitment to excellence (Reported scores were Axiom's average for 2025 - the legal industry average NPS score is +35%). Join our forward-thinking community where you'll keep your career dynamic and multi-faceted, be part of a company that values agility, collaboration, and excellence, and love both the law and your life.

Learn more about life at Axiom. 

Axiom is the global leader in high-caliber, on-demand legal talent. Covering North America, the UK, Europe, and APAC, we enable legal departments to drive efficiency and growth and meet the demands of today's business landscape with best in class alterative legal services.  

Diversity is core to our values and we are proud to be an equal opportunity employer. Axiom ensures equal employment opportunity in recruitment and employment, without discrimination or harassment on the basis of race, color, nationality, national or ethnic origin, religious creed or belief, political opinion, sex, gender, gender identity, gender identity status, pregnancy or maternity, age, disability, alienage or citizenship status, marital (or civil or other partnership recognized by law) status, genetic predisposition or carrier status, sexual orientation, military service, or any other characteristic protected by applicable law. Axiom prohibits and will not tolerate any such discrimination or harassment.

Upon request and consistent with applicable laws, Axiom will provide reasonable accommodations for individuals with disabilities who require accommodations to participate in each stage of the recruitment process. To request an accommodation, please contact benefits@axiomlaw.com.

Axiom respects your privacy. For an explanation of the kind of information we collect about you and how it is used, our full data privacy notice is available here.   

Employment with Axiom may be contingent upon successful completion of a background check, providing proof of identity, and possessing the necessary legal authorization to work. Pursuant to the San Francisco Fair Chance Ordinance, NY Fair Chance Act, and Los Angeles Fair Chance Initiative, we will consider for employment qualified applicants with arrest and conviction records.  

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