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're 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.

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

The Impact You Will Have In This Role

Being a member of DTCC General Counsel's Office, the Assistant General Counsel will have primary responsibility for providing legal advice and guidance to DTCC’s worldwide procurement and sourcing team. This attorney will support the procurement and sourcing function in conjunction with another attorney primarily dedicated to this area, and under the supervision of the Executive Director, Associate General Counsel who ultimately oversees that area. As time permits this attorney will also have an opportunity to collaborate with other team members within the group in order to support other projects in DTCC’s General Counsel’s Office, including the coverage of DTCC’s Institutional Trade Processing business line, which handles matching and affirmation for securities transactions, amongst other services, and would include commercial contracts advice, securities regulatory advice, and general business and product advice.

This attorney will support the contracts team in the area of procurement and sourcing to negotiate and finalize vendor agreements of all types in a timely and commercial manner consistent with DTCC’s standards. In support of this area, this attorney will frequently partner with members of DTCC’s Innovation, Third Party Risk, IT Vendor Management, and Privacy teams to solve challenges relating to Artificial Intelligence, Machine Learning, Information Security, and Data Protection. With the support of subject matter experts internally, and external advice, as needed, this attorney will also advise on standard methodologies for contracting in a manner designed to align with various laws and regulations impacting DTCC and its affiliates.

Your Primary Responsibilities

Support contract negotiation conducted by contract specialists within DTCC’s Corporate Procurement Services (“CPS”) team to ensure compliance with DTCC’s standards;
Independently drive projects to completion, assess and triage priorities, and regularly engage with subject matter experts such as others in Legal (internal and external counsel), CPS, Business, IT, Finance, Compliance, Privacy, Risk, and other functional areas as necessary to support the above;
Support the continuous improvement of agreement templates, standard contract requirements, negotiation playbooks (and related guidance), and development or updates to contracting policies and procedures;
Conduct risk analysis and issue spot engagement-specific risks to be raised to various partners across procurement contracts;
Directly negotiate agreements of significant size, importance, or dollar value;
Draft custom agreements, letters, notices, and similar documents or communications as needed for procurement transactions;
Provide legal expertise on contractual interpretation issues for CPS and on other enterprise initiatives;
Stay current on industry developments relating to supply chain contracting, information technology considerations, and intellectual property considerations in light of the prevalence of emerging trends relating to Artificial Intelligence; and
As time and experience permits, support other enterprise projects handled by the team.
NOTE: The Primary Responsibilities of this role are not limited to the details above.

Qualifications

7+ years as a practicing lawyer, with experience handling SAAS / software licensing agreements and/or procurement contracting matters and/or complex commercial agreements in a regulated financial services company.

U.S. licensed lawyer in good standing where admitted.

Talents Needed For Success

Knowledge of and experience with general contract and commercial law.

Good partner management and relationship-building skills to navigate a large organization and facilitate business in compliance with internal policies and applicable law.

Strong analytical skills and creative and collaborative negotiation skills, excellent organizational skills, sound judgment, and clear and effective written and oral communication skills.

Proactive, “can do” demeanor and ready to partner on initiatives that influence all aspects of the business.

Proven track record in operating with a good degree of autonomy, multi-task, and handle the demands of contending priorities in a fast-paced environment.

_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.

_ About Us

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry’s needs and we’re working to continually improve the world’s most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you’ll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It’s the chance to make a difference at a company that’s truly one of a kind.

Learn more about Clearance and Settlement by clicking here .

About The Team

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.

The Legal Department, a unit of DTCC's General Counsel's Office, is responsible for performing legal and regulatory functions for DTCC and its subsidiaries.

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