Senior Corporate Counsel

ProShares; New York (NY); Hybrid; USD 250,000 - 300,000; Full time

Benefits offered by this job

Competitive pay

Discretionary bonus

Paid time off

Health care benefits

401(k) with matching

Hybrid work schedule

Education assistance

Wellness programs

Insurance coverage

Job summary

ProShares, a leading sponsor of exchange traded funds, seeks a Senior Director, Corporate Counsel to provide practical legal guidance to senior management on strategic initiatives, complex contracts, governance and compliance across the business.

The successful candidate will have a JD and 15+ years in asset management, plus a proven ability to coordinate internal teams and outside counsel to optimize outcomes.

Qualifications

• JD degree and bar membership in good standing.
• 15+ years of asset management/legal experience.
• Expert in drafting and negotiating complex contracts.
• Expertise in governance and transactions.
• Ability to coordinate internal and external resources for outcomes.

Responsibilities

• Provide timely, pragmatic legal counsel to senior management.
• Identify and evaluate legal and business risks.
• Draft and negotiate a wide range of complex contracts including vendor and service agreements, licensing, and technology agreements.
• Advise on organizational structure and governance matters.
• Manage legal aspects of corporate transactions, partnerships, restructurings and financings.
• Provide guidance on tax issues with CFO and tax counsel.
• Advise CHRO on employment and compliance matters.
• Draft and negotiate ISDA, FCM, repo, and collateral agreements.
• Oversee IP portfolio and licensing negotiations.
• Support business development and product development with proactive legal input.
• Initiate projects and drive department efficiency in coordination with outside counsel.

Skills

Legal counsel

Contract negotiation

Corporate governance

Strategic advisory

Communication skills

Project management

Education

Juris Doctor (JD) degree

Job description

ProShares, a leading sponsor of exchange traded funds, manages one of the industry’s most sophisticated and diverse [set] of ETFs, mutual funds and commodity pools. Our products use sophisticated investment strategies to invest across all major asset classes, including, crypto, commodities, and derivatives, and are traded on listing exchanges around the world. This is not a passive environment: decisions here affect public markets and investor outcomes.

About ProShares

ProShares offers one of the largest lineups of ETFs, with over $100 billion in assets. We’re a leader in strategies such as crypto-linked, dividend growth, interest rate-hedged bond, and geared (leveraged and inverse) ETF investing. We continue to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns.

The Role

The Senior Director, Corporate Counsel will report directly to the General Counsel. This role will work closely with senior management to provide legal guidance and support to ProShares' ongoing business activities and strategic initiatives. This is an exciting opportunity to work with one of the largest and most diverse ETF complexes in the United States on a range of complex and innovative product and business issues. Be part of a team that values innovation, strategic thinking, and collaboration in an environment where your contributions will make a significant impact on the success of the business.

Essential Job Functions

• Deliver timely, pragmatic, and business-oriented legal counsel to senior management and across all levels of the organization.
• Identify and evaluate legal and business risks to support strategic decision-making.
• Structure, draft, review, and negotiate a wide range of complex contracts, including key vendor and service provider agreements, licensing agreements, and technology agreements.
• Provide guidance on organizational structure and governance matters.
• Manage the legal aspects of special corporate transactions, potentially including strategic partnerships, acquisitions, restructurings and financings.
• Working closely with the CFO and tax counsel, provide guidance on federal and state tax issues impacting ProShares' business.
• Provide legal guidance to the CHRO on employment, compliance, and other corporate matters.
• Draft and negotiate ISDA, FCM, repo, securities lending, and related collateral account agreements.
• Oversee ProShares’ intellectual property portfolio, including negotiation of index and data license agreements, and support of ProShares' trademark, copyright, and patent filings.
• Support business development and product development initiatives by providing proactive legal input and guidance.
• Independently initiate projects, drive process improvements, and enhance the Legal Department’s efficiency and effectiveness.
• Manage and coordinate with outside counsel to optimize resources and achieve favorable outcomes.

Education And Experience

• Juris Doctor (JD) degree and membership in good standing with a state bar.
• 15+ years of relevant legal experience in the asset management industry in a sophisticated in-house environment or law firm.
• Demonstrated expertise in structuring, drafting and negotiating complex commercial contracts.
• Demonstrated expertise in corporate governance and transactions.
• Proven ability to creatively resolve complex legal issues in a proactive manner that fosters business interests and advances company goals.
• Experience managing and leveraging internal and external resources to maximize outcomes.

Knowledge, Skills And Abilities

• Sound judgment with the ability to assess legal Issues and business risk.
• Exceptional written and verbal communication skills.
• Ability to meet deadlines and adjust priorities for multiple clients based on changing needs.
• Ability to manage multiple projects simultaneously, ability to multi-task with attention to detail.
• Excellent planning, organizational and analytical skills and ability to follow through independently.

The compensation for this position includes salary and incentive pay. The annual base salary range for this role is $250,000-$300,000 (USD), which does not include discretionary bonus compensation. Total compensation may vary based on experience, role, location, department, and individual performance.

Our Benefits

• Competitive pay and discretionary bonus
• Paid time off
• Health care benefits (medical, dental & vision)
• Additional insurance includes basic life, accidental death and dismemberment, supplemental life, disability and legal benefit
• 401(k) retirement plan with matching contribution
• Spending Accounts (Health Care, Dependent Care, and Transportation)
• Wellness Programs (fitness reimbursement, Employee Assistance Program)
• Education assistance
• Hybrid work schedule
• Additional Programs include peer recognition, corporate matching gift

[1] These statements are intended to describe the general nature and level of work involved for this job. It is not an exhaustive list of all responsibilities, duties and skills required of this job. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

EOE STATEMENT

ProShare Advisors LLC and its affiliates are equal opportunity employers and do not discriminate against otherwise qualified applicants on the basis of age, race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), marital or family status, national origin, ancestry, physical or mental disability, mental condition, veteran status, sexual orientation, gender identity, genetic information, or any other characteristic protected by applicable law.