Overview
A global investment management firm is currently seeking an experienced trading documentation attorney to join its legal department in New York.
The candidate will work directly with the Global General Counsel. An ideal candidate will be proactive, energetic, hardworking, and responsive. The position is based in New York, however, the candidate will interface with the firm’s global offices.
This is a senior strategic role and the candidate will be in a position to learn and receive supervision from senior members of the legal and compliance team. A successful candidate will be well organized, tech-savvy and have the ability to investigate the facts of a project, ensure key business, and legal questions are answered, risks are properly vetted and approved before any contracts are signed and relevant deadlines are met. This is a fast-paced environment and you will be expected to assist on a wide range of trading and counterparty-related projects.
Key Responsibilities
- Negotiation of trading agreements, including but not limited to, prime brokerage, stock loan, ISDA, repo, futures, electronic trading agreements, confidentiality, listed derivatives, OTC clearing agreements, master confirmation agreements and other trading-related agreements
- Assist with review and negotiation of bespoke trading documentation
- Liaise with business teams, as well as members of firm’s Legal, Compliance, Operations and Risk teams regarding requests and issues raised by counterparties and regarding legal entities XP faces
- Manage an active pipeline of trading agreement requests across EQ and FI business teams, identifying and tracking pertinent information
- Communicate efficiently with EQ and FI business teams to apprise teams of status
- Act as point of contact with external counsel for all trading agreement negotiations
- Assist with documentation organization and execution of trading documentation agreements, utilizing various contract lifecycle management tools and document management systems
- Responsible for the maintenance and organization of matters relating to Trading Agreements, including:
- Update and maintain counterparty folder organization
- Maintain trackers used by Trading Agreements Team for launches of new trading vehicles and new sub-advisors
- Update and maintain a master tracker of executed counterparty and trading agreements
- Update in-house trading agreement platforms with agreements from existing platform/agreements previously maintained off- platform
- Continue the development of an in-house trading agreement platform to manage trading agreement terms and prioritize trading agreement requests
- Draft and update Counterparty Documentation Process Manual
Skills, Knowledge & Experience
- JD Degree
- Knowledgeable and proficient in PC applications
- Microsoft Office experience (Word, Outlook, Excel)
- Ability to handle multiple projects simultaneously
- Responsive and collegial
- Strong attention to detail
- Superior analytical, oral and written communication skills
- ~7-9 years’ experience at a law firm or in the legal department of a financial services or investment management firm (preferred)
- Strong understanding of and experience advising business teams on clearing, netting, collateral and insolvency issues, across all asset classes
- Sales Force (Fusion) document management system experience helpful
- Proficiency with iManage or similar document management system (preferred)
