Top Asset Manager in NY

Role Overview:

Counsel in the Prime Brokerage & Trading Legal Team responsible for covering global trading arrangements for all the firmn. The primary elements of the role include: (a) negotiating legal agreements and developing relationships with the major broker-dealers and trading counterparties; (b) advising businesses and leading projects to develop platforms involving new products, new fund structures or new jurisdictions, and (c) ensuring legal compliance with trading-level regulations, including Dodd-Frank and EMIR.

This is a unique opportunity for a qualified lawyer to work in an international legal team, develop into a commercial, client-facing role and to develop his/her communication and relationship skills, while maintaining a focus on detailed legal analysis.

Key Responsibilities:

• Legal review and negotiation of trading and banking documentation with bank counterparties, including negotiation of template agreements with the assistance of external legal advisers, as well as deployment of templates in broader documentation efforts

• Co-ordination, implementation and execution of legal trading agreements for the Firm's internal clients across over 200 trading vehicles

• Working closely with the bank counterparties to ensure that they understand the legal structure behind each of the firm's internal clients, the processes and procedures that are used to launch and operate the relevant funds and the roles and responsibilities of the manager and the various business units within the firm with respect to the relevant funds

• Ensuring documentation and related requirements of Dodd-Frank, EMIR and other recent regulations are negotiated and completed for the funds. This will require understanding of relevant regulations and their practical impact on trading vehicles

• Effective communication with multiple external and internal managers and other third-party service providers and internal business units to ensure close communication regarding new trading arrangements. Understand commercial requirements of various internal clients

• Working closely with the business and other legal teams, assume leadership role in the establishment of new platforms, products and fund jurisdictions

• Troubleshoot, when necessary, any special issues, which may arise with respect to the relevant fund's arrangements with the trading counterparties

Mandatory Responsibilities: 

Ensure that in respect of all matters in your role, (including the planning and delivery of work), you understand and comply with all the company policies, practices and statements relating to risk, compliance and confidentiality. That you anticipate, identify and manage risk issues in accordance with those policies, practices and statements and escalate risk issues to the appropriate management level or committee as necessary.

• The successful candidate will be a dynamic team player with excellent communication and project management skills capable of dealing with large financial institutions and hedge fund managers

• He/she will be legally qualified and ideally have 2 to 4 years law firm practice

• Interested in the business and capable of understanding the broader picture while maintaining an eye for legal detail

• Ability to learn different legal and trading structures in multiple jurisdictions

• Top-notch organisational skills required to deal with a large number of transactions simultaneously and a significant number of documents

• Highly motivated, able to show initiative and work with minimal supervision

All your information will be kept confidential according to EEO guidelines.