Executive Director, Senior Counsel

About the role

Provide legal support to business units with respect to equity sales and trading platform, focusing on syndicated margin lending, equity repo, securities lending, delta-one swaps, etc. Working directly with senior leadership of a rapidly growing desk at an investment bank.

Responsibilities

• 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
• Admission 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
• Experience advising business units on syndicated margin lending
• Strong margin lending, equity repo and delta-one experience
• Strong experience with and understanding of securities regulations, including Dodd-Frank, Reg T, Reg U
• Ability to serve as a trusted business partner to internal clients

Qualifications

JD, NY Bar admission, 10+ years combined in big law and in-house practicing within financial services/banking, experience with syndicated margin lending, prime brokerage, top academic credentials.

Pay

Competitive base salary with bonus.

Schedule

Hybrid work schedule with 3 days in NYC office per week.

Benefits

Comprehensive benefits plan; opportunity for growth.