Assistant General Counsel, Regulatory Affairs

Job Category Legal, Compliance & Regulatory Relations
Job Schedule Full time
Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique).
Being a member of DTCC General Counsel's Office, the Assistant General Counsel will have primary responsibility for providing legal advice and guidance to DTCC's worldwide procurement and sourcing team. This attorney will support the procurement and sourcing function in conjunction with another attorney primarily dedicated to this area, and under the supervision of the Executive Director, Associate General Counsel who ultimately oversees that area. As time permits, this attorney will also have an opportunity to collaborate with other team members within the group in order to support other projects in DTCC's General Counsel's Office, including the coverage of DTCC's Institutional Trade Processing business line, which handles matching and affirmation for securities transactions, amongst other services, and would include commercial contracts advice, securities regulatory advice, and general business and product advice.
This attorney will support the contracts team in the area of procurement and sourcing to negotiate and finalize vendor agreements of all types in a timely and commercial manner consistent with DTCC's standards. In support of this area, this attorney will frequently partner with members of DTCC's Innovation, Third Party Risk, IT Vendor Management, and Privacy teams to solve challenges relating to Artificial Intelligence, Machine Learning, Information Security, and Data Protection. Support contract negotiation conducted by contract specialists within DTCC's Corporate Procurement Services ("CPS") team to ensure compliance with DTCC's standards;
Independently drive projects to completion, assess and triage priorities, and regularly engage with subject matter experts such as others in Legal (internal and external counsel), CPS, Business, IT, Finance, Compliance, Privacy, Risk, and other functional areas as necessary to support the above;
Support the continuous improvement of agreement templates, standard contract requirements, negotiation playbooks (and related guidance), and development or updates to contracting policies and procedures;
Conduct risk analysis and issue spot engagement-specific risks to be raised to various partners across procurement contracts;
Draft custom agreements, letters, notices, and similar documents or communications as needed for procurement transactions;
Provide legal expertise on contractual interpretation issues for CPS and on other enterprise initiatives;
Stay current on industry developments relating to supply chain contracting, information technology considerations, and intellectual property considerations in light of the prevalence of emerging trends relating to Artificial Intelligence;
As time and experience permits, support other enterprise projects handled by the team.
**7+ years as a practicing lawyer, with experience handling SAAS / software licensing agreements and/or procurement contracting matters and/or complex commercial agreements in a regulated financial services company.
~ Knowledge of and experience with general contract and commercial law.
Good partner management and relationship-building skills to navigate a large organization and facilitate business in compliance with internal policies and applicable law.
Strong analytical skills and creative and collaborative negotiation skills, excellent organizational skills, sound judgment, and clear and effective written and oral communication skills.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.
DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. The General Counsel's Office is a valued, trusted and responsive partner within DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions and providing guidance on legal and regulatory matters. The Legal Department, a unit of DTCC's General Counsel's Office, is responsible for performing legal and regulatory functions for DTCC and its subsidiaries.
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