DTCC

Director, Assistant General Counsel

DTCC$160K — $200K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years practicing attorney experience
  • J.D. from accredited law school, current U.S. bar admission
  • Minimum of 5 years in a law firm, financial services firm, or financial services regulator
  • At least 5 years of transactional drafting and negotiation experience
  • Interest in digital assets and emerging technologies preferred

Responsibilities

  • Provide legal guidance on transactional matters for DTCC businesses
  • Review, draft, and negotiate various contracts while mitigating risk
  • Advise on legal aspects of client due diligence responses
  • Collaborate with stakeholders to support transaction execution
  • Enhance standard agreements, processes, and legal policies
  • Support strategic transactions including M&A and partnerships
  • Engage with global colleagues for a consistent legal approach

Benefits

  • Supportive, collaborative work environment
  • Opportunity to engage in high-impact, strategic transactions
  • Focus on innovation and emerging technologies
  • Global exposure through collaboration with international teams
  • Commitment to inclusive leadership and diversity
Full Job Description
Job Description

Position Summary

The role is intended for a transactional generalist who can support a broad range of commercial, strategic and technology-driven matters across DTCC's businesses. We are looking for someone with strong drafting and negotiation skills, as well as the ability to think critically and creatively about legal risk. The successful candidate will take ownership of assigned tasks, thrive in a collaborative environment, and enjoy working closely with colleagues and partners across a global organization.

Specific Responsibilities
  • Provide legal guidance to DTCC businesses on transactional matters, including customer agreements, strategic partnerships, new product offerings and business initiatives.
  • Review, draft and negotiate a wide variety of contracts (including data, software and technology licenses, SaaS agreements, development agreements, partnership agreements, marketing agreements, professional services agreements), balancing business objectives while appropriately mitigating risk to DTCC.
  • Advise on legal and contractual aspects of responses to client due diligence requests, RFIs and RFPs
  • Partner closely with business, technology, risk, compliance, procurement, finance and other stakeholders to support transaction execution and practical, risk-based decision-making. Provide advice on questions relating to contract interpretation and enforceability.
  • Support the continuous improvement of standard form agreements, contract processes and legal policies and procedures in collaboration with other members of the General Counsel's Office.
  • Support strategic transactions, including mergers and acquisitions, divestitures, investments, joint ventures and commercial partnerships, including coordinating diligence, drafting and negotiation, closing support and post-closing implementation as needed.
  • Collaborate with other members of the General Counsel's Office, including colleagues in Europe and APAC, to ensure a consistent approach to legal issues across DTCC businesses.
  • Handle other legal matters or ad-hoc projects as requested by the Managing Director and Deputy General Counsel


Leadership Expectations
  • Executive Presence: Consistently demonstrates the values, shows composure under pressure and maintains high professional standards in all situations
  • Inclusive Leadership: Values individuals and embraces diversity by integrating differences and promoting diversity and inclusion across teams and functions
  • Strategic Thinking: Effectively translates the vision into specific business objectives, thinks of different ways to approach issues and considers all angles to provide insights and develop strategies that guide future decisions.


Qualifications
  • 7-10 years as a practicing attorney
  • J.D. from an accredited law school; current U.S. bar admission


Specific Qualifications
  • Minimum of 5 years of experience with a law firm, financial services firm or financial services regulator
  • At least 5 years of transactional experience, including as lead drafter and negotiator
  • Experience with, or demonstrated interest in, digital assets and emerging technologies, including AI and distributed ledger technology, is a plus


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.

About DTCC

The Depository Trust & Clearing Corporation (DTCC) is a financial services company that provides clearing, settlement, and information services for the global financial industry. DTCC was founded in 1999 and is headquartered in New York City. The company operates through subsidiaries that provide services such as trade matching, risk management, and asset servicing. DTCC is owned by its users, which include broker-dealers, banks, and other financial institutions. The company is committed to reducing risk and increasing efficiency in the financial markets.
Learn more about DTCC
Size
4,000 employees
Industry
Founded
1973

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