Director, Managing Counsel - Fixed Income
- Jersey City, NJ
- Permanent
- Full-time
- 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
- 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
- Base salary
- Cash bonus
- Equity
- Excellent benefits
- Hybrid working model
- Opportunity for growth
- 401 (k)