Overview
Investment bank with hybrid schedule and long term growth opportunities. Provide legal support to securities lending, sales and trading activities.
About Our Client
Top investment banking client.
Job Description
The Director, Managing Counsel will be a key member of the investment bank's legal team with a focus on providing legal and regulatory guidance to key business units.
Main Responsibilities
* Serve as counsel providing regulatory guidance and legal advice on all matters relating to repo (including sponsored repo and whole loan repo programs), securities lending and swap activities
* Serve as primary U.S. counsel on the Firm's Treasury Clearing Mandate regulatory implementation efforts
* Serve as secondary counsel to Fixed Income sales & trading businesses, including FX, Rates, credit, derivatives, high yield, distressed trading and electronic trading, and all related legal and regulatory matters
* Advise on regulatory considerations and new initiatives
* Assist team of attorneys providing escalation support to Trade Documentation Group on various agreements, including ISDAs, CSAs, MRAs, GMRAs, MSFTA and MSLAs
* Perform major role in collaborating with front office, Litigation and control functions across the enterprise as needed regarding regulatory inquiries and special remediation efforts arising out of covered business lines
* Provide coverage of Title VII/Swap Dealer matters including regulatory margin requirements for OTC derivatives
* Assist in managing external counsel relationships
The Successful Applicant
* JD from US ABA accredited law school
* 5-10+ years of experience ideally gained in-house supporting the securities lending and sales and trading desk of an investment bank, with prior experience at an AmLaw 100 firm highly preferred
* US State Bar Admission
* Must be solutions oriented with a securities law mindset when it comes to advising on the structuring of transactions
* Must have experience advising on repo (including sponsored and whole-loan repo), securities lending, and swaps
* Experience with FX, rates, credit, derivatives, high-yield, distressed trading, electronic trading, and related initiatives
* Strong understanding of ISDA framework
* Excellent drafting and negotiating skills
* Ability to simplify legal advice for multiple stakeholders within a fast paced business
What's on Offer
* Base salary
* Cash bonus
* Equity
* Excellent benefits
* Hybrid working model
* Opportunity for growth
* 401 (k)
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