Executive Director, Equity Finance Counsel
Michael Page · New York, NY · Yesterday
FinanceFull-time
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
- 12-15+ 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
Pay
TBD
Schedule
Hybrid work schedule with 3 days in NYC office per week