Securities & Prime Brokerage Counsel

Overview

A financial services legal team is seeking a Securities & Prime Brokerage Counsel to provide expert legal advice and support related to securities trading and prime brokerage. This role involves ensuring compliance with margin lending rules and regulatory frameworks, advising on complex securities agreements, margin regulations, and cross-asset transactions. This is an existing vacancy.

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.
• Stay informed on 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 consider factors such as experience, skills, certifications, location, and business needs.
• Eligibility for additional benefits including health, dental, and vision insurance; paid holidays and PTO; flexible work arrangements; and professional development opportunities.

Location

This role is open to candidates in applicable jurisdictions where they are licensed to practice law. Specific location details are not provided.