About Northern Trust
Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Role/ Department: Senior Legal Counsel/Asset Servicing, Capital Markets Legal Department
As a member of Northern Trust's Legal Department, this attorney will be responsible for providing high quality legal advice and counsel to support Northern Trust's rapidly growing Securities Finance business, with a specific focus on repurchase and reverse repurchase transactions.
The Key Responsibilities Of The Role Include
Engage directly with business partners to provide high quality legal advice on various issues including contract negotiation, regulatory developments, and product expansion
Draft, review, negotiate and maintain templates for master repurchase agreements, and related documentation governing cleared and bilateral repo transactions
Conduct collateral enforceability and netting analyses, including obtaining, reviewing and analyzing netting and collateral enforceability legal opinions available through industry associations or bespoke opinions from local counsel
Skills/Qualifications
Minimum 4 years' experience at a nationally recognized law firm or financial institution and advising clients in the financial services industry
JD from an accredited law school and admitted to practice or willing to secure bar admission in Illinois
Drafting and negotiating master netting agreements
Experience independently managing or leading deal teams or program implementation
Excellent organizational, interpersonal and communication skills with the ability to collaborate across inter-disciplinary teams to meet client needs
Exceptional writing and research skills, reflecting self-motivation, attention to detail and effective issue spotting
Knowledge of and familiarity with applicable clearing, banking, corporate, and securities laws and regulations, including one or more of the US Bank Holding Company Act, Basel III Capital Rules and ERISA
Working Model: Hybrid ()
We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home.
Working With Us
As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.
Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.
We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater
Reasonable accommodation
Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at ******** .
We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.
Apply today and talk to us about your flexible working requirements and together we can achieve greater.
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