About this role
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Position Summary
Guggenheim Investments is seeking a Senior Associate Attorney for Derivatives within Legal & Compliance. The role drafts, reviews, and negotiates ISDA Master Agreements including Initial and Variation Margin CSAs, ACA, MCA, and related trade confirmations, and Securities Financing Documentation including MRAs, GMRAs, and CUAs. Duties include reviewing MSFTA agreements, Listed Options Agreements, and Futures Agreement/OTC Addendums, reviewing NDAs and Derivatives specific sections of IMAs, advising on regulatory requirements related to uncleared margin rules including EMIR and Dodd-Frank, conducting operational, financial, and legal due diligence, and serving as point person for documentation retention and reporting. This role is based in New York City, full-time.
Responsibilities
Key Responsibilities:
- Draft, review, and negotiate ISDA Master Agreements (including Initial and Variation Margin CSAs, ACA, MCA, and related trade confirmations), Securities Financing Documentation (including MRA’s, GMRA’s, CUAs, and related trade confirmations), MSFTA (including ACAs), Listed Options Agreements, and Futures Agreement/OTC Addendum
- Review and negotiate NDA’s, NRLS, and Derivatives specific sections of IMAs; draft credit agreement amendments
- Advise on regulatory and documentation requirements related to uncleared margin rules and other derivatives regulations (including EMIR and Dodd-Frank)
- Work collaboratively with various internal and external stakeholders while providing organization, leadership, motivation, responsiveness, accountability, and unyielding integrity
- Conduct operational, financial and legal due diligence
- Be the point person for the front and back office for documentation retention and reporting (this includes filing completed documentation and providing scheduled and ad hoc reports on trading capabilities)
- Draft and negotiate amendments to client investment management agreements
- Review liquid loan amendment requests and obtain internal approvals
- Participate in various projects (including, but not limited to reviewing liquid loan agreements, cross-functional reviews, and other tasks as assigned)
Qualifications
Basic Qualifications:
- Juris Doctor
- 4+ years of experience in equity derivatives at a leading law firm or equivalent experience at an asset management or similarly aligned organization
- Intimate familiarity with derivatives documentation
- In depth knowledge of derivatives markets, including cleared and uncleared products, margin requirements, and business conduct standards
- Strong problem-solving skills and a demonstrated ability to take initiative, work independently and critically analyze various issues associated with sophisticated investment arrangements and transactions
- Excellent written and oral communication skills
- Innovative, proactive & solutions-oriented
- A resilient self-starter with exceptional people skills
- Able to adapt quickly and appropriately in accordance with the constant evolution of the company and industry
- Willing to take on a broad variety of tasks to accomplish project specific goals
Preferred Qualifications
- 5-7+ years of experience of in-house or firm experience focused exclusively on complex equity-linked derivatives products
- Experience or exposure reviewing liquid loan agreements
- Able to adapt quickly and appropriately in accordance with the constant evolution of the company and industry; must be resilient
- Experience communicating with and gaining buy-in from a broad range of stakeholders (senior business leaders, peers, global partners, etc.), and experience collaborating and working closely with stakeholders to achieve business goals
- Evidence of managing multiple matters simultaneously with tight timelines and changing priorities
Salary Range
Annual base salary between
$150,000.00-$160,000.00
The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.