An International Bank is seeking a Vice President in Legal Group who will be responsible for providing timely legal advice and supporting day-to-day operations, including, among other significant activities, drafting, reviewing and negotiating various types of financing and transactional agreements supporting the three main business lines (fund finance, trust custody and securities lending as agent, and treasury activities) including master agreements, and vendor service contracts directly supporting the business lines and support functions; performing legal research and analysis and preparing memoranda; and working closely with the General Counsel and other Legal Group attorneys to manage legal risks and implement process enhancements, as needed.
- Review, negotiate, and draft various contracts for the Branch business lines and support functions including bilateral and syndicated credit agreements for investment funds, vendor services agreements, confidentiality agreements, custody agreements, securities lending agreements as agent (including standard master agreements, ISDAs, tri-party collateral agreements) and related documentation required for such contracts by the business and support areas.
- Draft and review legal correspondence, research memoranda, template texts for standardized agreements, internal policies and procedures and internal presentations on topics as needed.
- Research, analyze, and provide legal and regulatory advice to the Branch business areas and support units such as Compliance, Risk Management, Administration and Planning and IT Groups regarding new business initiatives and regulatory developments as needed. Assist in the regulatory change management, regulatory reporting and regulatory examinations and inquiries response process.
- Assist with the internal business management functions of the Legal Group as needed and train for role of designated Business Manager for the Legal Group responsible for managing the review and updating of Legal Group policies and procedures, Key Risk Indicators (KRIs), risk control assessments, testing and validation and providing monthly and quarterly KRI and issue reporting; participate in the Branch business manager meetings and support its initiatives; work with the Legal team to prevent, detect, and mitigate risks and make recommendations, as necessary, to improve processes and controls and ensure adherence to all applicable internal policies and standards.
- Assist with corporate governance matters, including the preparation of materials for various Branch governance committee meetings and other internal working groups and projects and related agendas, corporate resolutions, minutes and other corporate governance action items and documentation.
- Review subpoenas and litigation filings and assist in related responses and litigation management activities as needed.
Requirements
- Juris Doctor (JD) Degree required from ABA accredited law school and admission to the New York Bar.
- Experience: 6-8 years of relevant banking, finance and trust services work experience at a law firm or in-house legal department.
- Experience advising financial institutions on bilateral and syndicated commercial lending transactions with a focus on structured transactions and fund finance desired.
- Excellent communication, technical drafting, research and issue-spotting skills.
- Must be versatile and able to work effectively independently, and as part of a team.
- Ability to deliver practical solutions in a changing and market-driven environment.
- Proficient in Microsoft Excel, Microsoft Word, and other Microsoft 365 applications and services.
- Strong communications skills both verbal and written as well as interpersonal skills.
