Legal Specialist, Fund Services

Belltower is empowering world-changing fund investments.

Belltower was formed in 2019 as Angel List’s native fund administrator and completed its journey to become an independent company at the end of 2023. Belltower provides fund administration services to the venture space. Our coverage spans syndicates, venture funds, and first-of-their-kind rolling funds. Our full-service fund management offering streamlines the complexity of running a fund by integrating financial reporting, tax, compliance, portfolio management, and other services that typically have to cobble together from multiple vendors.

Our services, combined with Angel List’s software, enable us to launch and scale a fund efficiently, allowing fund managers to focus on what they do best: investing.

Since 2019, Belltower has supported 29k+ funds representing over $23B in assets under administration, leveraging Angel List’s fund admin software to power the service layer for funds launched on the Angel List platform.

We are looking for a legal professional with a business mindset who has deep transactional experience in the venture capital and startup space to assist in the portfolio management service for the world’s largest portfolio of early-stage venture capital investments.

As the Fund Services Legal Specialist, Fund Services, you will play a critical role in supporting Post-Close Actions (PCA) transactions (i.e. corporate actions post-investment) for Belltower’s fund administration clients and providing legal insight to the Fund Services team. You will participate in the review and execution of portfolio company transactions on behalf of our funds, manage risk for the business and for each fund, and help build the systems and processes needed to enable fund managers to navigate their portfolios throughout the lifecycle of their portfolio companies.

This role will primarily assist the PCA team, but, as the role and teams grow, will increasingly assist on efforts across the entire Fund Services department. This role reports to the Fund Services Counsel.

We are looking for a detail-oriented, organized, and process-minded individual who can help deliver a seamless experience for our fund leads and LPs and impactful assistance for our Fund Services teammates behind the scenes. A legal professional role at Belltower requires tight coordination across multiple systems and teams - including legal, deployments, distributions, compliance, other operational service lines, and customer relations.

You will be responsible for executing workflows under time-sensitive deadlines and leading initiatives that improve the agility and precision of our Fund Services operations.

• Review PCA actions and document transaction summaries for accuracy and compliance
• Ensure that Belltower is upholding its fiduciary duty to funds and LPs, including in instances where fund leads do not provide a response to outreach
• Project manage process improvement efforts to increase workflow efficiency and accuracy
• Support PCA operations by answering PCA team and fund lead questions with regards to PCA transactions
• Liaise with Fund Services and other Belltower teams (such as finance and accounting) to ensure swift processing of deployments, distributions, and records updates
• Investigate record discrepancies and coordinate with portfolio companies to correct
• Maintain and enhance a centralized repository of internal playbooks
• Review and close out backlog of PCA legal contractor tasks

• Demonstrated legal experience
• 1-3 years of experience in the Venture Capital space with a familiarity for VC financings and exits
• Understanding of core financial concepts and a strong interest in the nuts and bolts of venture finance.
• Incredible attention to details - you spot edge cases others miss
• Strong organizational skills and a passion for optimizing processes
• Eagerness to leverage technology and process solutions to drive efficiency & reduce legal risks.
• A proactive mindset and a positive attitude - you are adaptable and embrace change in a fast-paced environment.

If you don’t tick every box above, we’d still encourage you to apply. We’re building a diverse team whose…