Securities & Prime Brokerage Counsel

Overview

A financial services organization is seeking a Securities & Prime Brokerage Counsel to join their team. This role involves providing expert legal advice and support related to securities trading and prime brokerage, with a focus on compliance with margin lending rules and regulatory frameworks. The position offers the opportunity to work with leading financial institutions on complex securities agreements, margin regulations, and cross-asset transactions.

Responsibilities

• Draft, review, and negotiate securities trading agreements, prime brokerage agreements, and related margin documentation.
• Provide legal guidance on margin lending regulations, including FINRA Rule 4210, Regulation T, and Regulation U compliance.
• Collaborate with internal teams, trading desks, and clients on cross-asset transactions involving swaps, options, futures, equities, and fixed income instruments.
• Manage regulatory compliance, risk mitigation, and operational issues for clients in financial services and capital markets.
• Monitor industry trends and updated margin rules to provide proactive legal counsel.

Requirements

• Minimum of 3 years of experience in securities law, prime brokerage, or financial services legal practice.
• Strong knowledge of U.S. securities regulations, including the Securities Act of 1933 and the Securities Exchange Act of 1934.
• Proven experience advising clients on securities trading agreements, margin lending, and regulatory compliance.
• Excellent communication, negotiation, technology, and problem-solving skills.
• Juris Doctor (JD) degree or equivalent and licensed to practice law in an applicable jurisdiction.

Preferred Qualifications

• Experience with fixed income and synthetic prime brokerage agreements.
• Practical experience integrating updated margin and credit regulations into transactional or advisory work.
• Familiarity with multi-asset trading agreements and cross-border transactions.

Compensation & Benefits

• Estimated total compensation for full-time attorney roles ranges from $104,500 to $325,000 per year.
• Compensation decisions are based on factors including experience, skills, certifications, location, and business needs.
• Additional benefits may include health, dental, and vision insurance; paid holidays and paid time off; flexible work arrangements; and professional development opportunities.

Location

This role is open to candidates in applicable jurisdictions where the candidate is licensed to practice law and authorized to work.