What are the responsibilities and job description for the Senior Counsel-Hedge Funds position at The PeterSan Group and PeterSan Legal Staffing?
Our client, a leading NYC based investment firm, is seeking an experienced attorney who will provide transactional and regulatory advice with respect to its hedge fund trading and treasury functions. The responsibilities will generally include: providing legal and transactional advice in connection with various equities, equity finance, futures, OTC derivatives, and other transactions linked to equities and equity indices; providing regulatory advice in respect of requirements under applicable laws and regulations globally and advising on legal and regulatory developments.
Responsibilities for this role include the following:
- Draft and negotiate all trading documentation including, ISDA master agreements, regulatory and non-regulatory CSAs (including regulatory VM and IM CSAs), futures account agreements, give-up agreements, clearing agreements, and repurchase and securities lending agreements;
- Respond to inquiries from business units and other departments (primarily trading, treasury and operations) regarding legal, credit or operational issues arising in connection with trading and prime broker related documentation or specific transaction terms;
- Collaborate closely with their quantitative research function, offering legal, regulatory, and commercial insights to explore novel opportunities;
- Research and advise on new global regulations;
- Support regulatory compliance including with respect to regulatory change;
Applicants must have the following requirements in order to be considered:
- At least 5-7 years’ experience at a major U.S. law firm and/or in-house at a bank or other financial services institution, with specialization in equities trading, hedging, financing and equity derivatives transactions and documentation, and related regulatory issues under U.S. law (familiarity with corresponding U.K. laws is also preferable)
- Strong familiarity with relevant ISDA documentation including, Master Agreement, CSA, and Equity Definitions
- Experience with cash and synthetic prime brokerage arrangements
- Experience with futures and cleared OTC derivatives.
- Strong understanding of U.S. securities laws and their real-world interpretation and application, including the Securities Act, the Exchange Act, FINRA and CFTC rules and regulations, broker-dealer and margin regulations, and Dodd-Frank Title VII provisions as applied to swaps regulated by the CFTC and SEC
Salary : $250,000 - $280,000