Description:

Position Summary:
Guggenheim Treasury Services (GTS), a structured financing business within Guggenheim Partners, is seeking an experienced Senior Transaction Lawyer to join our Structured Finance legal team. This individual will provide front-line legal support for a broad range of funding, treasury, and capital markets activities, with a focus on rated short-term debt issuance programs (e.g., commercial paper, ABCP conduits, MTN programs) as well as structured funding transactions documented under industry-standard master agreements (including GMRAs, ISDAs, GMSLAs and related bespoke structures). The role requires strong transactional expertise, the ability to manage complex negotiations, and the judgment to balance commercial objectives with legal and regulatory risk.

This is an opportunity to take on a leadership role in a fast-paced structured finance platform that is innovating across funding products and global markets. The successful candidate will be at the center of high-profile, complex transactions and play a pivotal role in shaping the legal and risk framework of the business.

This position will report primarily remote and will require in-office presence at least 2 days per month at the Chicago office.

Essential Job Functions:
Structured Debt Issuance
  • Advise on establishment, maintenance, and updates of rated short-term debt issuance programs, including commercial paper and medium-term note platforms.
  • Draft and negotiate program documentation, offering materials and dealer agreements.
  • Coordinate with rating agencies, financial counterparties, commercial paper dealers, trustees, issuing/settlement agents, and external counsel.

Structured Funding Transactions
  • Negotiate and document transactions under Global Master Repurchase Agreements (GMRAs), ISDA Master Agreements, and Global Master Securities Lending Agreements (GMSLAs), including associated credit support annexes, confirmations, and bespoke collateral arrangements.
  • Support structuring of secured funding, total return swaps, repos, securities lending, and derivative transactions across asset classes.
  • Provide legal guidance on collateral eligibility, rehypothecation, margining, close-out netting, and enforceability matters.

Advisory & Risk Management
  • Advise front-office, treasury, and compliance teams on legal issues related to structured finance and derivatives activity.
  • Interpret regulatory requirements (CFTC, SEC, FCA, EMIR, Basel, etc.) and provide guidance on compliance in transaction structuring.
  • Advise on compliance with SEC rules and regulations for Security Based Swap Dealers.
  • Support the efforts of the Office of the CCO, including drafting of manuals based on SEC SBSD rules.
  • Assess and mitigate legal risks in funding structures, including cross-border considerations.

Documentation & Negotiation
  • Lead negotiations with counterparties, dealers, and agents on transaction documentation.
  • Review and mark up industry standard templates and adapt them for novel structures.
  • Ensure internal policies and risk limits are reflected in legal terms.

Stakeholder Collaboration
  • Work closely with front-office, credit risk, operations, treasury, and compliance colleagues to support business objectives.
  • Liaise with external counsel, regulators, and industry bodies where necessary.

Preferred Qualifications:
  • Excellent drafting, analytical, and communication skills.
  • Commercial judgment and ability to balance business goals with risk management.
  • Strong knowledge of financial markets regulation (U.S. and EU/UK), particularly derivatives and securities financing transactions.
  • Deep familiarity with short-term debt issuance programs, including CP and MTN documentation, and with master agreement frameworks (GMRAs, ISDAs, GMSLAs).
  • Proven ability to lead complex negotiations and manage multiple stakeholders across jurisdictions.
  • Transactional leadership and problem-solving mindset.
  • Ability to operate independently while providing collaborative support.
  • High attention to detail and ability to manage multiple complex transactions simultaneously.
  • Strong interpersonal skills to build trust with front-office and external counterparties.

Basic Qualifications:
  • Completion of a Juris Doctor degree and licensed in New York or Illinois.
  • Minimum of 10 years of experience in structured finance, capital markets, or derivatives at a top law firm or financial institution.

Salary:
  • Annual base salary between $150,000 and $250,000.

The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us:
Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim's professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs."