Associate Director & Senior Counsel, Equity Derivatives at RBC Global Asset Management

New York, New York, United States -

Full Time

Start Date

Immediate

Expiry Date

26 Feb, 26

Salary

240000.0

Posted On

28 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Legal Practices, Financial Regulation, Analytical Skills, Problem Solving, Drafting Skills, Customer Service Management, Decision Making, High Impact Communication, Time Management, Group Problem Solving, Coaching Others, Business Perspective

Industry

Description

Job Description What is the opportunity? As Senior Counsel in RBC’s US Capital Markets Law Group, based out of NYC and Jersey City, you will provide legal coverage for several business lines within US Global Equities and Global Investment Banking, with a focus on equity derivatives, margin loans and structured notes. Together with the senior lawyer covering these products, you will be responsible for identifying and explaining legal, regulatory and contractual risks for proposed transactions, collaborating with the business and other functions in developing solutions to mitigate risk and drafting and negotiating agreements in relation thereto. What will you do? Advise RBC’s Strategic Equity Solutions group on issuer call spreads/capped calls, ASRs, ATM Forwards, 10b5-1/10b-18 plans, structured margin loans and various affiliate and restricted stock hedging and monetization derivatives Support RBC’s registered USMTN structured notes program and 144A program by advising on new products, distribution channels, marketing materials and limitations imposed under applicable rules, automation efforts, governance and more Advise RBC’s Structured Derivatives Documentation team and Trading on questions arising from negotiations with counterparties to OTC equity derivative transactions Engage with clients, distributors, service providers and their counsel on various types of agreements, including OTC equity derivative confirmations, distribution and marketing agreements for structured notes, listed options execution agreements and agreements relating to RBC’s Quantitative Investment Strategies (QIS) business Stay informed on legal and regulatory developments and maintain and update documentation as needed based on such developments Regularly engage in discussions with Sales, Trading, Structuring, Risk, Tax and others in relation to transaction structuring, execution, risk mitigation, internal approvals and lifecycle events Assist with ad hoc issues, projects, regulatory/legal changes and new business initiatives What do you need to succeed? Must-have Law Degree and member in good standing of the bar of a U.S. state with 2-5 years of legal experience Knowledge of ’33 and ’34 Act Familiarity with relevant ISDA documentation and framework (in particular, the 2002 Equity Definitions) Strong drafting, analytical and problem solving skills Nice-to-have Experience covering equity derivatives (ideally corporate equity derivatives) and/or structured notes at a major investment bank and/or law firm Understanding of the economics of common derivative products, market practices and regulatory framework (e.g., Title VII of Dodd-Frank) Experience with margin loans and/or other fund financing transactions Knowledge of Articles 8 and 9 of the UCC and US Bankruptcy Code What’s in it for you? We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual. A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable Leaders who support your development through coaching and managing opportunities Ability to make a difference and lasting impact Work in a dynamic, collaborative, progressive, and high-performing team Flexible work/life balance options Opportunities to do challenging work Opportunities to take on progressively greater accountabilities Access to a variety of job opportunities across business The good-faith expected salary range for the above position is $210,000-240,000 depending on factors including but not limited to the candidate’s experience, skills, registration status; market conditions; and business needs. This salary range does not include other elements that comprise our total compensation package, which includes the following: commission sharing eligibility for select roles, a discretionary bonus, a paid time-off plan, our 401(k) program with company-matching contributions, and our health, dental, vision, life and disability insurance. RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that: · Drives RBC’s high performance culture · Enables collective achievement of our strategic goals · Generates sustainable shareholder returns and above market shareholder value Job Skills Business Perspective, Coaching Others, Customer Service Management, Decision Making, Financial Regulation, Group Problem Solving, High Impact Communication, Legal Practices, Time Management Additional Job Details Address: GOLDMAN SACHS TOWER, 30 HUDSON STREET:JERSEY CITY City: Jersey City Country: United States of America Work hours/week: 40 Employment Type: Full time Platform: CHIEF LEGAL & ADMIN OFFICE GRP Job Type: Regular Pay Type: Salaried Posted Date: 2025-01-28 Application Deadline: 2025-12-31 Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above Inclusion and Equal Opportunity Employment At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

Responsibilities

Provide legal coverage for equity derivatives, margin loans, and structured notes within RBC’s US Capital Markets Law Group. Collaborate with various teams to identify legal risks and draft agreements related to proposed transactions.