Legal Counsel Job
Legal Counsel (Job Number: 1313110)
Description
Counsel - 11520 An experienced attorney who delivers high quality legal services to a line of business, subsidiary or activity of the Corporation.
Departmental Overview;
The Pershing Legal Department is headed by the Director of Legal. The Legal Department works with other business areas to ensure that all contractual arrangements are properly documented and are in compliance with applicable legal and regulatory requirements. The Legal Department provides advice and assistance to other business areas on legal and regulatory matters affecting the business.
In addition to counselling Pershing management and staff, the Legal Department supervises the work of outside counsel and participates in industry or regulatory forums. The Legal Department also plays a key role in educating and informing Pershing personnel about the latest developments in the law and regulations affecting the business.
Main Duties/ Responsibilities of the role;
Responsible for reviewing, drafting and amending the following;
Client Agreements for provision of Clearing, Settlement Custody Services
Intra-group services arrangements
IT and other vendor contracts
Sub-custody agreement and other contracts relating to Pershings settlement network
Agreements with markets/MTFs and other trading venues
other legally binding agreements and amendments
Pershing documentation
All with a view to advising (inter alia) on compliance and liability issues associated with the above.
Additional duties include;
Support to Compliance Department on complaints and regulatory issues
Ongoing Legal advice to various business areas on ad-hoc legal questions (including corporate actions processing) arising out of Pershings custody services
Any other duties as required
The candidate will work very closely with the Director of Legal and other managers in the Legal team on more complex or significant matters, but will also spend a large amount of time working independently on everyday matters and specific projects. The candidate must be able to deliver practical and useable advice directly to the business lines and senior management and work as part of multi-disciplinary teams.
Qualifications
Technical Knowledge;
Candidates must have proven post qualification experience with a 2:1 degree or better or with relevant experience and should have sufficient knowledge of financial services to understand the environment in which Pershing operates. Candidates should be able to address simple financial services legal issues and be able to identify escalate more complex ones. Experience of retail financial products (their distribution and regulation) together with good knowledge of FCA Rules (in particular CASS and COBS Handbooks) would be an advantage. Experience in the post-trade (including custody) area would also be an advantage.
The candidate will work very closely with the Director of Legal and other managers in the Legal team on more complex or significant matters, but will also spend a large amount of time working independently on everyday matters and specific projects. The candidate must be able to deliver practical and useable advice directly to the business lines and senior management and work as part of multi-disciplinary teams.
Primary Location: London, London, GB
Internal Jobcode: 50184
Job: Legal
Organization: Pershing-HR06431
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