At a Glance
- Tasks: Advise on legal matters and support innovative projects in financial markets.
- Company: DTCC, a leader in financial market innovation with a supportive culture.
- Benefits: Competitive pay, comprehensive health benefits, flexible work model, and professional development.
- Other info: Diverse workplace committed to employee growth and well-being.
- Why this job: Make a real impact while collaborating with a dynamic team in a thriving environment.
- Qualifications: Qualified lawyer with 8-15 years of experience in financial services.
The predicted salary is between 80000 - 100000 £ 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
- Pension / Retirement benefits
- 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).
The 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 and 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 practicing 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 in London employer: The Depository Trust & Clearing Corporation (DTCC)
At DTCC, we pride ourselves on being an exceptional employer, offering a dynamic and supportive work environment that prioritises professional development and employee well-being. Our flexible hybrid model allows for a balanced work-life integration, while our commitment to diversity ensures a workplace that reflects the global community we serve. Join us to make a meaningful impact in the financial markets alongside a talented team dedicated to innovation and excellence.
Contact Details:
The Depository Trust & Clearing Corporation (DTCC) Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Assistant General Counsel in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at DTCC on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching DTCC’s recent projects and initiatives. Show us that you’re not just interested in the role but also in how you can contribute to their innovative work in the financial markets.
✨Tip Number 3
Practice your responses to common legal interview questions. We want to see your analytical skills and how you approach problem-solving, so be ready to share examples from your experience.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows us that you’re genuinely interested in the position.
We think you need these skills to ace Assistant General Counsel in London
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 do at DTCC!
Showcase Your Legal Expertise:In your application, emphasise your legal qualifications and any specific experience you have advising on complex regulatory matters. We’re looking for someone who can provide clear, actionable guidance, so don’t hold back on showcasing your expertise!
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your thoughts and avoid jargon where possible. We appreciate a well-structured application that’s easy to read and understand.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at The Depository Trust & Clearing Corporation (DTCC)
✨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 context, and be ready to explain how those experiences can benefit DTCC.
✨Demonstrate Collaborative Skills
DTCC values teamwork, so be prepared to discuss how you've worked with cross-functional teams in the past. Share examples of how you've engaged with compliance, risk, and regulatory teams to provide legal guidance and support for new business initiatives.
✨Be Ready for Scenario Questions
Expect questions that assess your analytical skills and problem-solving abilities. Prepare to discuss hypothetical situations related to legal and regulatory risks, and how you would approach them to provide practical, client-focused solutions.
