Description:
Purpose of Role:The Legal Counsel will primarily support the client documentation team in North America working closely with senior counsel and develops into areas of greater responsibility.
A Financial Services Company has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.
The Legal Department supports functional areas across A Financial Services Company with timely, focused, practical legal services.
Responsibilities:
- Draft and negotiate client-facing contracts supporting multiple business lines including: prime brokerage, ISDA, OTC swaps documentation, securities lending, repurchase, foreign exchange and futures products.
- Interpret and advise on new and existing client-facing agreements, amendments, and terminations.
- Assess legal risks and collaborate with internal groups and advise managers, senior leaders, and operational teams on legal matters.
- Offer counsel on a variety of legal issues and collaborate with both internal and external counsel as needed.
- Effectively report the status of areas of responsibility on a regular basis to relevant internal stakeholders.
- Monitor developments in relevant legal areas in North America and proactively identify legal concepts that Business Partners need to understand and apply into practice.
- Distil complex legal issues into workable frameworks or reference guides for Business Partners.
- Collaborate and influence stakeholders through oral and written communications.
- Collaborate on and contribute to other projects within the Legal Department as needed.
- Ensuring compliance with the company's regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
- Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
- Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
- At all times complying with A Financial Services Company's Code of Conduct
- To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility
- To report any breaches of policy to Compliance and/ or your supervisor as required
- To escalate risk events immediately
- To provide input to risk management processes, as required.
Competencies, Skills and Experience:
Competencies:
- An approachable, collaborative, self-efficient team player who is a positive influence on the work environment.
- Demonstrates curiosity.
- Resilient in a challenging, fast-paced environment
- Ability to take a high level of responsibility in a fast pace and high-volume environment.
- Excels at building relationships, networking and influencing others
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills and Experience:
- JD/LLM from an accredited US law school and admission to a state bar is required.
- Degree in business administration, finance, economics or similar discipline is preferred.
- At least one to three years' experience working in a financial services environment, may include internship time at a relevant regulatory agency or industry association.
- Prior experience in financial services law with a focus on hedge funds, mutual funds, and managed accounts.
- Exposure to cross-border concerns and clients in a variety of jurisdictions is a plus.
- Excellent verbal and written communication skills.
- Ability to break down complex, interrelated legal documentation for business stakeholders into useful, actionable items.
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
