Director, Assistant General Counsel

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); On-site; USD 180,000 - 250,000; Full time

Job summary

The Depository Trust & Clearing Corporation (DTCC) is seeking a senior-lev el attorney to support a broad range of commercial, strategic and technology-driven matters. You will draft, negotiate and review complex contracts and align legal risk with business goals in a global environment.

With 7–10 years of experience, you will partner with multiple stakeholders to enable transactions, oversee due diligence responses, and contribute to strategic initiatives while upholding DTCC’s high standards

Qualifications

• 7–10 years as a practicing attorney.
• J.D. from an accredited law school; current U.S. bar admission.
• At least 5 years of transactional experience, including lead drafter and negotiator.

Responsibilities

• Provide legal guidance to DTCC businesses on transactional matters including customer agreements, partnerships, new product offerings.
• Review, draft and negotiate contracts (data, software, licenses, SaaS, development, partnerships, marketing, services).
• Advise on legal and contractual aspects of responses to due diligence requests, RFIs and RFPs.
• Partner with business, technology, risk, compliance, procurement, finance to support transaction execution and risk-based decisions.
• Improve standard form agreements, contract processes and legal policies in collaboration with the General Counsel’s Office.
• Support strategic transactions (M&A, divestitures, investments, joint ventures) including diligence, drafting and closing support.
• Collaborate with DTCC colleagues in Europe and APAC for consistency across businesses.
• Handle other legal matters or ad-hoc projects as requested by leadership.

Skills

Drafting & negotiation

Legal risk assessment

Education

J.D. from an accredited law school (US)

Job description

Position Summary

The role is intended for a transactional generalist who can support a broad range of commercial, strategic and technology-driven matters across DTCC’s businesses. We are looking for someone with strong drafting and negotiation skills, as well as the ability to think critically and creatively about legal risk. The successful candidate will take ownership of assigned tasks, thrive in a collaborative environment, and enjoy working closely with colleagues and partners across a global organization.

Specific Responsibilities

• Provide legal guidance to DTCC businesses on transactional matters, including customer agreements, strategic partnerships, new product offerings and business initiatives.


• Review, draft and negotiate a wide variety of contracts (including data, software and technology licenses, SaaS agreements, development agreements, partnership agreements, marketing agreements, professional services agreements), balancing business objectives while appropriately mitigating risk to DTCC.


• Advise on legal and contractual aspects of responses to client due diligence requests, RFIs and RFPs


• Partner closely with business, technology, risk, compliance, procurement, finance and other stakeholders to support transaction execution and practical, risk-based decision-making. Provide advice on questions relating to contract interpretation and enforceability.


• Support the continuous improvement of standard form agreements, contract processes and legal policies and procedures in collaboration with other members of the General Counsel’s Office.


• Support strategic transactions, including mergers and acquisitions, divestitures, investments, joint ventures and commercial partnerships, including coordinating diligence, drafting and negotiation, closing support and post-closing implementation as needed.


• Collaborate with other members of the General Counsel’s Office, including colleagues in Europe and APAC, to ensure a consistent approach to legal issues across DTCC businesses.


• Handle other legal matters or ad-hoc projects as requested by the Managing Director and Deputy General Counsel

Leadership Expectations

• Executive Presence: Consistently demonstrates the values, shows composure under pressure and maintains high professional standards in all situations


• Inclusive Leadership: Values individuals and embraces diversity by integrating differences and promoting diversity and inclusion across teams and functions


• Strategic Thinking: Effectively translates the vision into specific business objectives, thinks of different ways to approach issues and considers all angles to provide insights and develop strategies that guide future decisions.

Qualifications

• 7-10 years as a practicing attorney


• J.D. from an accredited law school; current U.S. bar admission

Specific Qualifications

• Minimum of 5 years of experience with a law firm, financial services firm or financial services regulator


• At least 5 years of transactional experience, including as lead drafter and negotiator


• Experience with, or demonstrated interest in, digital assets and emerging technologies, including AI and distributed ledger technology, is a plus

With 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 20 locations around the world, DTCC, through its subsidiaries, automates, centralizes and standardized the processing of financial transactions, mitigating risk , increasing transparency and driving efficiency of thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management, data reporting and information services across asset classes, bringin increased securitiy and soundness to financial markets. In 2022, DTCC’s subsidiaries processed securities transactions valued at $2.5 quadrillion. Its depository provides custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $72 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 17.5 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, Twitter, YouTube and Facebook.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations.

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.

Please contact us to request accommodation.