Fixed Income Sales and Trading Attorney - VP

Top-tier investment bank seeks a Fixed Income Sales and Trading Attorney – VP

The Legal Department seeks an attorney with significant experience in fixed income sales and trading issues to be part of legal team covering institutional fixed income and equity cash trading in the Securities Division. 

Position offers opportunity to gain additional cross-product, cross-platform expertise, as part of an inter-disciplinary team covering both fixed income and equity cash trading businesses, which have integrated operations. 

Experience/Skills: 

• Familiarity with wide range of fixed income securities products (e.g., investment grade and high yield corporate bonds, agency MBS, municipal securities) will be a plus; position requires daily real time interaction with traders and salespeople on live trading situations, as well as longer term projects such as policy development and implementation; review and negotiation of documentation relating to the firm’s participation in alternative trading venues and new product development 

• 7-10+ years legal experience post JD. 

• Ideal candidate will have outstanding law firm credentials, as well as relevant in house experience in securities sales and trading environment. 

• Strong substantive knowledge of broker dealer regulation, including: sales practices, mark up rules, "know your customer", customer protection rules(15c3-3), statutory reporting requirements and broker dealer margin expertise. 

• In house experience is very strongly preferred, probably required. In lieu of in house experience, significant law firm experience in a securities regulatory practice would also be relevant. 

Principal Responsibilities: 

- Assist in answering real time Sales and Trading questions in primarily customer flow, cash sales and trading businesses, on variety of matters, adhering to regulatory obligations and helping to maintain the firm’s reputation. 

- Managing relationships with various regulators. Team members interact with our regulators on a regular basis, advocating positions for the firm, as well as acting as informing and educating regulators on best practices and current developments. 

- Communicate regulatory compliance requirements to investment professionals, including training 

- Help create new regulatory or firm policies, procedures and guidelines as required 

- Coordinate with other legal and compliance groups within the firm to ensure consistency of coverage