Prime Services Attorney

Prime Services Attorney
New York

As a Barclays Prime Services Attorney, you will provide day-to-day coverage in the Legal function with accountabilities covering the Equity Finance, Fixed Income Finance and Prime Derivatives Services (PDS) businesses. For this role, you will also have the opportunity to work closely with senior business personnel as well as lead negotiation of key legal agreements while managing outside counsel relationships. 

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality, and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

Salary / Rate Minimum: $250,750 
Salary / Rate Maximum: $310,250 

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available. 

Working Flexibly

We’re committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognizes and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers’ and clients’ needs. Whether you have family commitments or you’re a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs.

We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We’re flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month, or a quarter. However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally can request work patterns to reflect their personal circumstances. Please discuss the detail of the working pattern options for the role with the hiring manager.

What will you be doing?

•    Working with business and infrastructure colleagues outside of the United States
•    Advising the business on securities and margin regulations, broker-dealer, Futures Commission Merchant (FCM) regulations and Basel capital requirements
•    Assisting with the creation and enhancement of platform offerings and complex client negations requiring advanced drafting skills 
•    Providing transactional advice and assistance to the Global Contract Services
•    Acting as a representative for Barclays Legal in industry working groups focusing on securities and cleared derivatives-related regulatory matters
•    Guiding the business in respect of the Investment Adviser and Investment Company Acts, Dodd-Frank Title VI, etc. impacting the securities and derivatives markets

What we’re looking for:

•    New York qualified lawyer
•    Several years of experience with Prime Services issues and its hedge fund client base, regulatory reform and OTC derivatives
•    Experience at investment bank and/or a top tier law firm, excellent legal drafting and negotiating skills and a good knowledge of US securities and financial markets laws
•    Broker Dealer regulation and master trading agreements experience

Skills that will help you in the role:

•    Familiarity with EU and UK financial regulatory framework
•    Legal analytical skills, with the ability to think creatively and identify innovative solutions as well as the ability to clearly articulate complex concepts and ideas

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

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USD 250750 to 310250