Assistant General Counsel

Job Description

Are you ready to make an impact at DTCC?

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 are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

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.

Pay and Benefits:

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• 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 to each team or employee).

• Advise on complex legal and regulatory matters under English and EU law, providing clear, actionable guidance to business leaders
• Support DTCC's institutional trade processing business in advance of upcoming shortened settlement cycle transitions in UK and European markets
• Proactively identify, assess, and mitigate legal and regulatory risks, and recommend practical, client-focused solutions in partnership with legal colleagues in North America and APAC to deliver a unified and consistent legal strategy for DTCC's institutional trade processing business
• Draft, review and negotiate commercial contracts, including partnerships, Consulting agreements, strategic initiatives and some vendor contracts (including leases, commercial contracts, governed by UK or European law) in partnership with legal colleagues in North America Partner with cross-functional teams-including Compliance, Risk, Regulatory Relations/Government Relations, Finance, and IT-to provide legal guidance and support for new business initiatives, ensuring alignment with regulatory requirements and organizational objectives
• Work with other stakeholders to monitor and analyze regulatory changes and developments across the region, advising stakeholders on potential impacts and required actions
• Handle other routine corporate legal matters or ad-hoc projects or questions, as requested
• Advise on policies and procedures specific to the institutional trade processing business' activities in the UK

• Qualified lawyer authorized to practice in the UK (e.g. solicitor or barrister with current practicing certificate for England and Wales)
• 8 to 15 years post-qualification experience (PQE) or equivalent

• Experience advising clients in the financial services industry, ideally with experience working in a UK office of a North American financial institution
• Familiarity with regulations governing trade execution, matching, and settlement in the UK and Europe, as well as other current and emerging legal and regulatory issues impacting UK and European technology and financial services providers, generally
• Excellent judgment, strong drafting and substantive lawyering skills across the board
• Proven ability to engage effectively with EU and UK regulators (ESMA, FCA)
• Analytical and curious approach; desire to solve problems inside and outside of the legal area using the skills and experience of a lawyer to facilitate
• Ability to communicate clearly and collaboratively with lawyers and legal professionals at all levels, and to distill concepts into a format appropriate for non-lawyers
• Thrives in a fast-paced environment, effectively manages multiple priorities under tight timelines and adapts to evolving legal and business challenges