Assistant General Counsel
full-time•London
About this role
Are you ready to make an impact at DTCC?
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 are 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.
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.
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 are 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.
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.
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 to each team or employee).
The Impact you will have in this role:
- Advise on complex legal and regulatory matters under English and EU law, providing clear, actionable guidance to business leaders
- Support DTCC’s institutional trade processing business in advance of upcoming shortened settlement cycle transitions in UK and European markets
- Proactively identify, assess, and mitigate legal and regulatory risks, and recommend practical, client-focused solutions in partnership with legal colleagues in North America and APAC to deliver a unified and consistent legal strategy for DTCC’s institutional trade processing business
- Draft, review and negotiate commercial contracts, including partnerships, Consulting agreements, strategic initiatives and some vendor contracts (including leases, commercial contracts, governed by UK or European law) in partnership with legal colleagues in North America Partner with cross-functional teams—including Compliance, Risk, Regulatory Relations/Government Relations, Finance, and IT—to provide legal guidance and support for new business initiatives, ensuring alignment with regulatory requirements and organizational objectives
- Work with other stakeholders to monitor and analyze regulatory changes and developments across the region, advising stakeholders on potential impacts and required actions
- Handle other routine corporate legal matters or ad-hoc projects or questions, as requested
- Advise on policies and procedures specific to the institutional trade processing business’ activities in the UK
Qualifications:
- Qualified lawyer authorized to practice in the UK (e.g. solicitor or barrister with current practicing certificate for England and Wales)
-
8 to 15 years post-qualification experience (PQE) or equivalent
Talents Needed for Success:
- Experience advising clients in the financial services industry, ideally with experience working in a UK office of a North American financial institution
- Familiarity with regulations governing trade execution, matching, and settlement in the UK and Europe, as well as other current and emerging legal and regulatory issues impacting UK and European technology and financial services providers, generally
- Excellent judgment, strong drafting and substantive lawyering skills across the board
- Proven ability to engage effectively with EU and UK regulators (ESMA, FCA)
- Analytical and curious approach; desire to solve problems inside and outside of the legal area using the skills and experience of a lawyer to facilitate
- Ability to communicate clearly and collaboratively with lawyers and legal professionals at all levels, and to distill concepts into a format appropriate for non-lawyers
- Thrives in a fast-paced environment, effectively manages multiple priorities under tight timelines and adapts to evolving legal and business challenges
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.
Other facts
Tech stack
Legal Advice,Regulatory Compliance,Contract Negotiation,Risk Assessment,Financial Services,Judgment,Drafting Skills,Analytical Skills,Communication Skills,Problem Solving,Collaboration,Stakeholder Engagement,Regulatory Relations,Trade Processing,EU Law,UK Law
About DTCC
With over 50 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From 21 locations around the world, DTCC, through its subsidiaries, automates, centralizes, and standardizes the processing of financial transactions, mitigating risk, increasing transparency, enhancing performance and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm innovates purposefully, simplifying the complexities of clearing, settlement, asset servicing, transaction processing, trade reporting and data services across asset classes, bringing enhanced resilience and soundness to existing financial markets while advancing the digital asset ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at U.S. $3.7 quadrillion and its depository subsidiary provided custody and asset servicing for securities issues from over 150 countries and territories valued at U.S. $99 trillion. DTCC’s Global Trade Repository service, through locally registered, licensed, or approved trade repositories, processes more than 25 billion messages annually. To learn more, please visit us at www.dtcc.com or connect with us on LinkedIn, X, YouTube, Facebook and Instagram.
View our Social Media Community Rules of Engagement: https://www.dtcc.com/press-room/social-media-rules-of-engagement
Team size: 5,001-10,000 employees
Website: http://www.dtcc.com
LinkedIn: Visit
Industry: Financial Services
Founding Year: 1973
What you'll do
- Advise on complex legal and regulatory matters under English and EU law, providing guidance to business leaders. Support DTCC’s institutional trade processing business and proactively identify and mitigate legal and regulatory risks.
Ready to join DTCC?
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Frequently Asked Questions
What does a Assistant General Counsel do at DTCC?
As a Assistant General Counsel at DTCC, you will: advise on complex legal and regulatory matters under English and EU law, providing guidance to business leaders. Support DTCC’s institutional trade processing business and proactively identify and mitigate legal and regulatory risks..
Why join DTCC as a Assistant General Counsel?
DTCC is a leading Financial Services company.
Is the Assistant General Counsel position at DTCC remote?
The Assistant General Counsel position at DTCC is based in London, United Kingdom. Contact the company through Clera for specific work arrangement details.
How do I apply for the Assistant General Counsel position at DTCC?
You can apply for the Assistant General Counsel position at DTCC directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about DTCC on their website.