Director, Assistant General Counsel

About the role

We are looking for a transactional generalist who can support a broad range of commercial, strategic, and technology-driven matters across DTCC’s businesses. The ideal candidate will have strong drafting and negotiation skills, the ability to think critically and creatively about legal risk, and a collaborative mindset. The successful candidate will take ownership of assigned tasks and work closely with colleagues and partners across a global organization.

Responsibilities

• Provide legal guidance to DTCC businesses on transactional matters, including customer agreements, strategic partnerships, new product offerings, and business initiatives.
• Review, draft, and negotiate a wide variety of contracts (e.g., data, software, and technology licenses, SaaS agreements, development agreements, partnership agreements, marketing agreements, professional services agreements), balancing business objectives while appropriately mitigating risk to DTCC.
• Advise on legal and contractual aspects of responses to client due diligence requests, RFIs, and RFPs.
• Partner closely with business, technology, risk, compliance, procurement, finance, and other stakeholders to support transaction execution and practical, risk-based decision-making.
• Provide advice on questions relating to contract interpretation and enforceability.
• Support the continuous improvement of standard form agreements, contract processes, and legal policies and procedures in collaboration with other members of the General Counsel’s Office.
• Support strategic transactions, including mergers and acquisitions, divestitures, investments, joint ventures, and commercial partnerships, including coordinating diligence, drafting and negotiation, closing support, and post-closing implementation as needed.
• Collaborate with other members of the General Counsel’s Office, including colleagues in Europe and APAC, to ensure a consistent approach to legal issues across DTCC businesses.
• Handle other legal matters or ad-hoc projects as requested by the Managing Director and Deputy General Counsel.

Leadership Expectations

• Executive Presence: Consistently demonstrates the values, shows composure under pressure, and maintains high professional standards in all situations.
• Inclusive Leadership: Values individuals and embraces diversity by integrating differences and promoting diversity and inclusion across teams and functions.
• Strategic Thinking: Effectively translates the vision into specific business objectives, thinks of different ways to approach issues, and considers all angles to provide insights and develop strategies that guide future decisions.

Qualifications

• 7-10 years as a practicing attorney.
• J.D. from an accredited law school; current U.S. bar admission.
• Minimum of 5 years of experience with a law firm, financial services firm, or financial services regulator.
• At least 5 years of transactional experience, including as lead drafter and negotiator.
• Experience with, or demonstrated interest in, digital assets and emerging technologies, including AI and distributed ledger technology, is a plus.

About DTCC

With 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, and driving efficiency for thousands of broker/dealers, custodian banks, and asset managers. Industry-owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting, and information services across asset classes, bringing increased security and soundness to financial markets.

In 2022, DTCC’s subsidiaries processed securities transactions valued at $2.5 quadrillion. Its depository provides custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $72 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 17.5 billion messages annually.

Pay

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations.