Director, Senior Counsel - Equity Finance

About the role

Legal point person for broad range of equity finance matters.

Responsibilities

• Provide legal support to business units with respect to equity sales and trading platform, focusing on equity finance (margin lending, equity repo, securities lending, delta-one swaps)
• Support LP fund financing, full-recourse margin lending, equity repo, securities lending and delta-one equity swaps
• Provide legal guidance on margin lending regulations, FINRA, Reg T, and Reg U compliance
• Provide guidance on Dodd-Frank and rules applicable to Security-Based Swaps and Security-Based Swap Dealers
• Draft and negotiate credit agreements, loan agreements and related fund financing and margin lending documentation
• Draft and negotiate securities financing documentation, including MRAs and MSLAs and equity swap MCAs; maintain and enhance standard documentation templates
• Partner closely with Credit, Market Risk, Collateral Management, Operations, and other internal stakeholders to address legal, operational and risk matters

Requirements

• JD from US law school
• Admittance to NY State Bar
• 8-10+ years practicing law, ideally a combination of top AmLaw 100 firm and in-house within a financial services institution, providing support to equity finance business
• Strong margin lending, equity repo and delta-one experience
• Strong experience with and understanding of securities regulations, including Dodd-Frank, Reg T, Reg U

Qualifications

• Ability to serve as a trusted business partner to internal clients

Skills

• Strong margin lending, equity repo and delta-one experience
• Strong experience with and understanding of securities regulations, including Dodd-Frank, Reg T, Reg U

Benefits

• Competitive base salary
• Bonus
• Hybrid work schedule with 3 days in NYC office per week
• Comprehensive benefits plan
• Opportunity for growth

Pay

Competitive base salary

Schedule

Hybrid work schedule with 3 days in NYC office per week