Repo Sales & Trading Attorney - Vice President

Deutsche Bank

Location
New York-New York City
Description
<div id="jobDescriptionText" class="jobsearch-JobComponent-description css-16y4thd eu4oa1w0"><div> <div> <h1 class="jobSectionHeader"><b>Repo Sales &amp; Trading Attorney - Vice President </b></h1> <div> <div> <div> <div> <div> <b>Job ID: </b>R0318138 </div> <div> <b>Full/Part-Time: </b>Full-time </div> </div><br> <div> <div> <b>Regular/Temporary: </b>Regular </div> <div> <b>Listed: </b>2024-08-19 </div> </div><br> <div> <div> <b>Location: </b>New York </div> </div><br> </div> </div> </div> <h2 class="jobSectionHeader"><b>Position Overview </b></h2> <p></p> <p><b>Job Title </b>Repo Sales &amp; Trading Attorney</p> <p><b>Corporate Title </b>Vice President</p> <p><b>Location </b>New York, NY</p> <p></p> <p><b>Overview </b></p> <p></p> <p>Deutsche Bank is seeking a junior or mid-level attorney to join the Legal Department in New York to support the Global Legal Documentation and Sales &amp; Trading Legal divisions with a focus primarily on support for the repo business, including for both bilateral and cleared repo transactions. The Bank is a trusted partner to our clients on a global scale with expertise in trading and structuring across various asset classes. You will be part of a global Legal Team that provides expert and strategic advice and proactively manages complex legal risks. You will primarily focus on our US repo business, This business is at an exciting time of evolution and part of the role will include preparing for implementation of the Securities and Exchange Commission (SEC’s) U.S. Treasury clearing requirements. The role will involve the legal and regulatory risk management of new and existing transactions.</p> <p></p> <p><b>What We Offer You </b></p> <ul> <li><p>A diverse and inclusive environment that embraces change, innovation, and collaboration</p></li> <li><p>A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days</p></li> <li><p>Employee Resource Groups support an inclusive workplace for everyone and promote community engagement</p></li> <li><p>Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits</p></li> <li><p>Educational resources, matching gift and volunteer programs</p></li> </ul> <p></p> <p><b>What You’ll Do </b></p> <ul> <li><p>Draft and negotiate a variety of master agreements and ancillary documentation, including but not limited to MRAs (including with sponsored repo annex), GMRAs, GMSLAs and MSFTAs with external clients from a wide range of jurisdictions</p></li> <li><p>Advise on regulatory requirements relating to SEC mandated clearing of U.S. Treasuries for cash and repo transactions, including participating in internal project workstreams</p></li> <li><p>Provide repo master agreement legal advisory support to the global legal documentation team</p></li> <li><p>Assist with complex negotiations, escalations and priority client relationships from the repo business pipelines to ensure that these matters are handled appropriately and escalations are addressed in a timely manner</p></li> <li><p>Assist with master agreement development work, such as Deutsche Bank templates, clause library, updating user guides and policy changes</p></li> <li><p>Support the internal netting process through contract reviews, opinion reviews and submission of legal summaries for approval to relevant internal committee</p></li> </ul> <p></p> <p><b>How You’ll Lead </b></p> <ul> <li><p>Coordinate with Deutsche Bank Compliance, Credit, Finance and other control functions to ensure that internal approvals, legal policy points, and legal/regulatory changes are understood and agreed and there is a sound control framework</p></li> <li><p>Support regulatory outreaches or re-documentation projects where repo master agreements are impacted (with focus on U.S. Treasury Clearing) and assist in the management of external counsel or vendors involved in such outreaches</p></li> <li><p>Manage external counsel engagements</p></li> </ul> <p></p> <p><b>Skills You’ll Need </b></p> <ul> <li><p>Juris Doctor Degree</p></li> <li><p>At least Moderate of U.S. legal experience gained at a law firm or in-house at a bank or with Moderate master agreement experience</p></li> <li><p>Member in good standing of a State Bar Association, preferably with the New York State Bar Admission</p></li> </ul> <p></p> <p><b>Skills That Will Help You Excel </b></p> <ul> <li><p>Experience of drafting, negotiating and advising on master agreements such ISDA, MRAs, GMRA, MSFTAs, GMSLA and cleared derivatives documentation in either private practice or in-house</p></li> <li><p>The ability to work independently and as part of an inter-disciplinary team</p></li> <li><p>Excellent legal analytical skills and problem-solving ability</p></li> <li><p>A willingness to be versatile and develop knowledge about different departments within the Bank</p></li> <li><p>The ability to work with a high volume of complex legal documentation under time pressure</p></li> </ul> <p></p> <p><b>Expectations </b></p> <p></p> <p>It is the Bank’s expectation that employees hired into this role will work in the office in accordance with the Bank’s hybrid working model.</p> <p></p> <p>Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.</p> <p></p> <p>The salary range for this position in New York City is $170,000.00 to $254,500.00. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.</p> <p></p> <p><b>Deutsche Bank Values &amp; Diversity </b></p> <p></p> <p>We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging. Click here to find out more about our diversity and inclusion efforts.</p> <p></p> <p>We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision</p> <p></p> <p>Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life</p> <p></p> <p>The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com .</p> <p></p> <p><b>Deutsche Bank Benefits </b></p> <p></p> <p>At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!</p> <p></p> <p><b>#LI-HYBRID </b></p> <p><b>#LI-ONSITE </b></p> <p></p> <p>Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer. <br> We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation. <br> <br> Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity &amp; Inclusion, Leadership, Learning, Future of Work and more besides.<br> <br> <br> <br> We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .</p> </div> </div></div>
Posted
Updated
Practice Areas
Banking, Corporate
Specialties
Compliance/Regulatory, Derivatives, Finance, Securities
Experience
3+ years
Employer Type
In-House