Head of Legal Operations

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); On-site; USD 120,000 - 150,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health insurance

Pension/Retirement benefits

Paid Time Off

Flexible/hybrid work model

Job summary

The Depository Trust & Clearing Corporation (DTCC) in Jersey City, New Jersey, is seeking a legal operations leader to manage operations, technology initiatives, and team performance. The role involves overseeing budgeting, vendor management, and working closely with senior management.

Candidates should possess over 10 years of experience in legal operations and demonstrate excellence in communication, project management, and technology solutions. DTCC offers a competitive compensation package, health benefits, and a flexible hybrid work model.

Qualifications

• Minimum of 10 years of related experience.
• 10+ years experience in legal operations or related field, with at least 6 years leading process optimization.
• Exceptional communication and interpersonal skills, effective with internal stakeholders.

Responsibilities

• Own and improve legal department operations and infrastructure.
• Oversee legal technology initiatives and manage paralegal team.
• Manage legal budgeting, forecasting, and resource allocation.

Skills

Analytical skills

Organizational skills

Project management skills

Communication skills

Interpersonal skills

Education

Bachelor's degree or equivalent

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.

Specific Responsibilities

• Legal Operations – Own and improve the end-to-end operating model and operational infrastructure of the legal department, driving adoption of new tools, processes and best practices across the department.
• Oversee and manage legal technology initiatives and continuous improvement of existing legal systems and processes, including document management, contract operations, knowledge management, e-billing, analytics and workflow automation.
• Manage a team of eight (8) paralegals, enabling them to lead their respective workstreams with autonomy and accountability.
• Legal Financial Management – Manage legal budgeting, forecasting, accruals, and outside counsel engagement in partnership with legal stakeholders and the finance team, analyzing and reporting on spend trends, risks and resource allocation.
• Drive strategy for legal-specific vendors, including legal technology providers and outside counsel; overseeing risk assessment and spend optimization.
• Regulatory Activities – Develop and oversee paralegal staff that support enhanced operational processes and streamlined workflows for review and signoff of clearing agency membership application legal documentation and related communications with internal stakeholders, membership applicants and their representatives.
• Develop and oversee paralegal staff that support enhanced operational processes and streamlined workflows for legal assessment of the eligibility of security issuances and offerings to be deposited for book‑entry services at DTC and communications with internal stakeholders, issuers, issuers’ counsel and transfer agents about the assessment and legal requirements.
• Develop and oversee paralegal staff that support enhanced operational processes and streamlined workflows for regulatory rule filings with the SEC.
• Litigation Operations – Develop litigation technology strategy and processes, including legal hold lifecycle and e‑discovery. Oversee and enhance litigation operations, including discovery, regulatory requests, pre‑litigation coordination, management and tracking, litigation metrics and reporting.
• Strategic Advisor / Cross‑Functional Liaison – Advise senior management in the Legal Department on ways to maintain and enhance the efficiency and quality of service provided by the department, with particular expertise in and focus upon improving processes and technology solutions that underlie core department functions and responsibilities. Represent the department’s views and priorities in forums with other support functions (Finance, Regulatory Relations, Compliance, Risk, Internal Audit, Privacy, Security). Participate in risk assessment and compliance testing initiatives as a Legal Department representative.

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).

Qualifications

• Minimum of 10 years of related experience.
• Bachelor’s degree preferred or equivalent experience.

Specific Requirements

• 10+ years experience in legal operations, corporate legal management or related field, with at least 6 years experience leading process optimization, workflow development, legal finance management, legal technology strategy and reporting/analytics.
• Excellent analytical, organizational and project management skills, comfortable managing multiple work streams under deadline.
• Exceptional communication and interpersonal skills, with the ability to engage effectively with internal stakeholders, including senior management and business leaders, and to partner successfully with cross‑functional teams.

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.