Derivatives Counsel
The Derivatives Counsel will report to the General Counsel Chief Compliance Officer and will be responsible for providing legal advice and support on all legal, regulatory, contractual, operational and administrative issues that arise in connection with the use of any derivatives or other specialized investments in the provision of discretionary investment management services to a global client base.
Essential Job Functions:
General duties include providing legal advice and support relating to the use of any derivatives or other specialized investments (e.g., futures, options, swaps, forwards, bank loans, repos and reverse-repos, etc.) in the provision of investment management services to global institutional separate account clients, U.S. mutual funds, UCITS funds, hedge funds, and other public or privately offered onshore, offshore and local market funds.
Duties may include the following:
- Monitor, identify, and advise on global regulatory changes in connection with trading, trading agreements, and market practices in the use of derivatives and other specialized investments to ensure that the Firm remains in compliance with new legal requirements or market standards.
- Assist in the negotiation of all manner of trading documentation for derivatives and other specialized investment, including ISDA Master Agreements, Collateral Control Agreements, Credit Support Annexes, Futures or Derivatives Clearing Agreements, Execution Agreements, Repo and Reverse-Repo Agreements, etc.
- Assist in drafting, reviewing or editing derivatives-related disclosures in fund offering documents.
- Provide the Firm with expert analyses and proposed business solutions to comply with proposed and newly adopted laws, rules, and regulations.
- Participate in client calls, the preparation or review of client-facing materials, and the preparation or review of responses to client and prospect inquiries regarding derivatives and other specialized investments.
Requirements:
A successful candidate will (i) have an expert understanding of the laws, rules, and regulations, and market practice governing the use of derivatives and other specialized investments in the context of a global fixed income and equity asset management operation, (ii) provide prompt, professional service, (iii) produce outstanding written work, (iv) possess the experience and confidence to interact professionally with senior management, clients, and clients’ representatives, (v) have a demonstrated track record of effectively solving problems to a successful resolution, and (vi) have a willingness and ability to master new laws and regulations as they develop.
A successful candidate will have familiarity with: (i) Dodd-Frank (and similar non-US laws and regulations); (ii) the Commodity Exchange Act; (iii) the Investment Advisers Act of 1940; (iv) the Investment Company Act of 1940; (v) laws and regulations governing the operation of UCITS funds; (vi) the Securities Exchange Act; and (vii) rules and regulation governing the operation of US broker-dealers.
A successful candidate will possess: (i) negotiation and drafting skills; (ii) superior verbal and written communication skills; (iii) strong integrity and professionalism; (iv) the ability to multi-task; (v) the ability to work effectively under pressure in a rapidly changing environment; (vi) the ability to work autonomously and as an effective member of a dynamic team; (vii) a global outlook; and (viii) intellectual curiosity and the ability to problem solve independently.
This position requires an individual who possesses the personal attributes and the professional experience consistent with the Firm’s high standards of conduct and performance. In performing the job, the individual must: (i) always act in the best interests of clients; (ii) continuously evaluate and escalate areas of risk to the Firm; (iii) work cohesively and effectively with people across all functions; and (iv) comply with all Firm policies and procedures. Accordingly, it is expected that the individual is of high moral character, well-organized and self-directed, with strong personal skills, an ability to execute work objectives in a dynamic, fast-paced environment, and a willingness to be held to the highest standards of conduct.
Other Duties
As needed
Education/Experience:
Applicants must possess a legal degree and at least five (5) years of related legal experience.
Brandywine Global Investment Management, LLC is an Equal Opportunity Employer
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