Director, Legal Counsel - Equity Finance

Opportunity to join investment bank as Senior Equity Finance Counsel to support the equity sales and trading platform, with a focus on equity finance, running point on legal advisory for margin lending, equity repo, securities lending, delta-one swaps, etc.

Client Details

Investment bank.

Description

• 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

Profile

• 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
• Must have 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

Job Offer

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