Counsel - Prime Services & Clearing Legal
Lead attorney responsible for coverage of the Prime Services and Clearing (PSC) business line, reporting to the Head of Global Markets Legal within the SGUS Legal Department. Attorney will: manage the PSC Legal team; provide legal support in connection with all activities, transactions, and regulatory matters relating to SG’s FCM, securities prime brokerage, futures and cleared derivatives businesses in the Americas; develop and maintain prime services and clearing onboarding, financing and clearing documentation templates, procedures, netting opinions and guidelines; handle clearing house and exchange membership applications and documentation; advise and support relevant business lines in new product development and approval process; coordinate and supervise work of external counsel where necessary to obtain appropriate legal advice and/or opinions with a view to minimizing external legal costs; work with members of PSC Legal teams in London and elsewhere to coordinate on cross-border transactional and regulatory matters; and represent the Legal Department in connection with special projects as required.
The attorney will be responsible for assessing legal and regulatory developments and risks that may have an impact on the business activities of the Prime Services and Clearing businesses and represent SG at relevant industry association committees and working groups.
Technical Skills:
Desired / Plus:
Competencies:
Experience Needed:
Educational Requirements:
Desired / Plus:
Member in good standing of NY State Bar
Societe Generale’s Global Banking and Investor Solutions (GBIS) Division operates in all major markets with close to 12,000 staff in more than 30 countries. The development of its capital markets activities continues at a steady pace, driven by the ambition to grow market share. Keys to future successes are: the continuous development of client on-boarding capability, the successful embracing of an increase in market sophistication and the intelligent adaptation to the challenges of ongoing regulatory change.
The US Legal Department works in collaboration with a global team with main hubs in London, Paris, Hong Kong and Bangalore. The Legal Group has strong alignment with business and operational activity globally and therefore plays a key role in the success of Societe Generale’s capital markets ambitions. The Legal Group interacts directly both with external counterparts and with members of internal business divisions while also coordinating the efforts of credit, risk, operations and collateral teams who share responsibility for the success of SG’s client on-boarding activities.
Risk Management
Employees should understand the institution’s approach to risk management and their respective roles in supporting a strong risk culture, as outlined in the SGUS Operations Enterprise Risk Management Framework.
Our Culture
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities and the world in which we live, because relationships are at the heart of how we operate.
Société Générale is an Equal Opportunity Employer and complies with all federal, state and local laws prohibiting discrimination in employment because of race, color, national origin, age, sex, religion, disability, sexual orientation, citizenship, military/veteran status, marital status, genetic information or any other classification protected by law.
We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.