At a Glance
- Tasks: Advise on legal matters, draft contracts, and support innovative financial projects.
- Company: Join DTCC, a leader in financial market innovation with a supportive culture.
- Benefits: Competitive pay, health benefits, flexible work model, and personal development opportunities.
- Why this job: Make a real impact in the financial sector while growing your legal expertise.
- Qualifications: Qualified lawyer with 8-15 years of experience in financial services.
- Other info: Dynamic environment with a commitment to diversity and inclusion.
The predicted salary is between 28800 - 48000 £ per year.
Are you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.
The General Counsel's Office is a valued, trusted and responsive partner within DTCC. The team promotes and protects the best interests of the DTCC family of companies by creating and facilitating solutions and providing guidance on legal and regulatory matters.
Pay and Benefits
- Competitive compensation, including base pay and annual incentive
- Comprehensive health and life insurance and well-being benefits, based on location
- Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
- DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).
Impact you will have in this role
- Advise on complex legal and regulatory matters under English and EU law, providing clear, actionable guidance to business leaders
- Support DTCC’s institutional trade processing business in advance of upcoming shortened settlement cycle transitions in UK and European markets
- Proactively identify, assess, and mitigate legal and regulatory risks, and recommend practical, client-focused solutions in partnership with legal colleagues in North America and APAC to deliver a unified and consistent legal strategy for DTCC’s institutional trade processing business
- Draft, review and negotiate commercial contracts, including partnerships, consulting agreements, strategic initiatives and some vendor contracts (including leases, commercial contracts, governed by UK or European law) in partnership with legal colleagues in North America
- Partner with cross-functional teams—including Compliance, Risk, Regulatory Relations/Government Relations, Finance, and IT—to provide legal guidance and support for new business initiatives, ensuring alignment with regulatory requirements and organizational objectives
- Work with other stakeholders to monitor and analyze regulatory changes and developments across the region, advising stakeholders on potential impacts and required actions
- Handle other routine corporate legal matters or ad-hoc projects or questions, as requested
- Advise on policies and procedures specific to the institutional trade processing business’ activities in the UK
Qualifications
- Qualified lawyer authorized to practice in the UK (e.g. solicitor or barrister with current practising certificate for England and Wales)
- 8 to 15 years post-qualification experience (PQE) or equivalent
Talents Needed for Success
- Experience advising clients in the financial services industry, ideally with experience working in a UK office of a North American financial institution
- Familiarity with regulations governing trade execution, matching and settlement in the UK and Europe, as well as other current and emerging legal and regulatory issues impacting UK and European technology and financial services providers, generally
- Excellent judgment, strong drafting and substantive lawyering skills across the board
- Proven ability to engage effectively with EU and UK regulators (ESMA, FCA)
- Analytical and curious approach; desire to solve problems inside and outside of the legal area using the skills and experience of a lawyer to facilitate
- Ability to communicate clearly and collaboratively with lawyers and legal professionals at all levels, and to distill concepts into a format appropriate for non-lawyers
- Thrives in a fast-paced environment, effectively manages multiple priorities under tight timelines and adapts to evolving legal and business challenges
The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Assistant General Counsel employer: Depository Trust & Clearing Corporation
Contact Detail:
Depository Trust & Clearing Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant General Counsel
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal field, especially those who have experience with financial services. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching DTCC and its role in the financial markets. Understand their recent projects and challenges, so you can showcase how your skills align with their needs during the conversation.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience advising clients in the financial services industry makes you the perfect fit for the Assistant General Counsel role. Keep it concise and impactful.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in being part of the DTCC team.
We think you need these skills to ace Assistant General Counsel
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant General Counsel role. Highlight your relevant experience in financial services and your understanding of UK and EU regulations. We want to see how your skills align with what we're looking for!
Showcase Your Legal Expertise: In your application, emphasise your legal qualifications and any specific experience you have advising clients in the financial sector. We’re keen on seeing your strong drafting skills and how you've navigated complex legal matters in the past.
Be Clear and Concise: When writing your cover letter, keep it straightforward and to the point. Use clear language to explain why you're a great fit for the role. We appreciate applicants who can communicate effectively, especially when distilling complex legal concepts.
Apply Through Our Website: Don’t forget to submit your application through our official website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Depository Trust & Clearing Corporation
✨Know Your Legal Stuff
Make sure you brush up on your knowledge of English and EU law, especially as it pertains to financial services. Be ready to discuss specific regulations governing trade execution and settlement, as well as any recent changes that could impact DTCC.
✨Showcase Your Experience
Prepare to highlight your 8 to 15 years of post-qualification experience. Think of examples where you've successfully advised clients in the financial services industry, particularly in a UK office of a North American institution. Real-life scenarios will make your experience more relatable.
✨Communicate Clearly
Practice distilling complex legal concepts into simple terms. You’ll need to communicate effectively with both legal professionals and non-lawyers, so think about how you can explain intricate ideas without jargon. This will show your ability to collaborate across teams.
✨Be Ready for Problem-Solving
Demonstrate your analytical skills by preparing for hypothetical scenarios where you might need to identify and mitigate legal risks. Think about how you would approach these challenges and be ready to share your thought process during the interview.