Transactional Associate, Legal Job in Stamford, Connecticut US
Transactional Associate, Legal
Job Description Job Number: 1514602 Business GE Capital Business Segment: Capital - Treasury About Us: GE Treasury team is responsible for global funding, cash foreign exchange management, and other treasury services for all of GE's worldwide operations. Almost all of GE's debt is issued through GE Capital to support its financial services businesses. We fund ourselves through the issuance of long term debt, commercial paper, CDs bank deposits, and other debt products as well. imagination at work - GE is an Equal Opportunity Employer. - GE offers a competitive salary, outstanding benefits the professional advantages of an environment that supports your development recognizes your achievements. - GE offers an inclusive environment where employees have the opportunity to succeed and diversity is embraced as a competitive advantage in the marketplace. - The passion that our people bring to their work extends to their private worlds, and GE encourages a healthy balance between the two. - GE values education and is dedicate to providing the tools and training for your professional development. Posted Position Title: Transactional Associate, Legal Career Level: Experienced Function Legal Function Segment: Treasury Location: United States U.S. State, China or Canada Provinces: Connecticut City: Stamford Postal Code: 06905-3417 Relocation Assistance No Role Summary/Purpose: This role will report to the Manager, Legal Transactions, Treasury Funding and will draft and drive closing of debt transactions, manage and maintain legal documentation for debt offerings and regulatory filings, manage the credit support obligation system. Essential Responsibilities - Draft term sheets and pricing supplements on debt offerings, working closely with GECC funding team counsel. - Assist in the execution of annual update process for debt shelves, with a view to improving process and reducing cost, in coordination with GECC funding team and outside counsel. Affect all US and international regulatory filings with respect to debt issuance and maintain robust filing process and documentation database. - Draft ISDA master agreements, credit support agreements and repurchase agreements. Conduct due diligence on counterparties and liaise with senior lawyers on legal issues such as capacity, authority and bankruptcy. Responsible for execution and maintenance of records related to these agreements. - Manage implementation of new credit support obligation system. - Manage ongoing testing and monitoring tools to measure the functionality of the credit support obligation documentation database. Assist in implementation of credit support obligation certification processes and development of credit support obligation reporting capabilities. - Maintain and update corporate governance documentation of Treasury managed legal entities, and develop communication plan with legal entity management group. - Build and maintain suitable legal department library and drive improvements in overall department efficiency. Qualifications/Requirements: - Bachelors Degree and at least 3 years of experience in a similar role within a legal department or firm/corporation managing documentation processes. Eligibility requirements: - Must submit application for employment through COS (internal candidates) or www.gecareers.com (external candidates) to be considered for this position. - Must have unrestricted authorization to work in the United States. - Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification and background check. - Must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act - Must be able to work out of an office in Stamford, CT. - Must be willing to travel up to 10%, if applicable For U.S. employment opportunities, GE hires U.S. citizens, permanent residents, asylees, refugees, and temporary residents. Temporary residence does not include those with non-immigrant work authorization (F, J, H or L visas), such as students in practical training status. Exceptions to these requirements will be determined based on shortage of qualified candidates with a particular skill. GE will require proof of work authorization. Additional Eligibility Qualifications GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen. Desired Characteristics - Experience in SEC 33 Act and other regulatory filings - Significant document management experience - Energetic and motivated to work in a regulated industry/environment - Strong communication skills, both written and verbal - Experience driving process change Section 19 Job YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.