Transactional Law Associate Counsel at Vanguard

Malvern, Pennsylvania, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Investment Management, DerivativesIndustries

Requirements

Minimum of 4 years law firm experience or in-house corporate experience in a bank, broker/dealer or investment firm
Knowledge and experience in derivatives, securities lending, repurchase transactions, and/or custody (legal documentation and global regulatory framework), including ISDAs, CSAs, MSFTAs, Futures and Option Agreements, Prime Brokerage Agreements, MRAs, GMRAs, MSLAs, GMSLAs, Agent Lending Agreements, and/or ACAs
Track record for highly successful contract and dispute negotiations
Ability to develop positive relationships and work confidently and cooperatively with legal colleagues, business unit managers/employees, and external entities such as outside counsel, clients, vendors, and other business partners
Demonstrates judgment, creativity and technical expertise, breadth of vision and initiative, commitment and accomplishment, communication skills
Maintain a high level of expertise in applicable areas of the law, Vanguard's business, the mutual fund industry, and the derivatives industry
Maintain a high level of expertise in regulatory law, Vanguard’s business and products, and the investment industry. Stays abreast of industry and regulatory developments affecting Vanguard, and maintains affiliations with relevant industry, compliance, and risk associations

Responsibilities

Draft & negotiate various legal documents for derivatives, futures, prime brokerage, TBA trading, securities lending, repurchase agreements, as well as general trading agreements and supporting documentation
Support new services, product developments and initiatives
Advise, counsel, and educate internal clients and business units on global legal issues impacting derivatives, futures, and/or prime brokerage as well as educate and inform for better compliance with policies, regulations and laws
Advise, counsel and educate internal clients and business units on sanctions, index events and other topics impacting global equity markets

Skills

Key technologies and capabilities for this role

DerivativesFuturesPrime BrokerageTBA TradingSecurities LendingRepurchase AgreementsTrading AgreementsRegulatory LawSanctions ComplianceLegal DraftingContract Negotiation

Questions & Answers

Common questions about this position

What experience is required for the Transactional Law Associate Counsel position?

A minimum of 4 years of law firm experience or in-house corporate experience in a bank, broker/dealer or investment firm is required, along with knowledge in derivatives, securities lending, repurchase transactions, and/or custody including specific agreements like ISDAs, CSAs, and MSFTAs.

What are the main responsibilities of this role?

Responsibilities include drafting and negotiating legal documents for derivatives and trading, supporting new services and initiatives, advising on global legal issues, sanctions, and index events, and maintaining expertise in relevant laws and industry developments.

What is the company culture like at Vanguard?

Vanguard fosters a collaborative, team-oriented environment that rewards and recognizes distinguished individual performance, with a strong focus on ethical business practices and client focus.

Does Vanguard offer visa sponsorship for this position?

No, Vanguard is not offering visa sponsorship for this position.

What skills make a strong candidate for this role?

Strong candidates have a track record of successful contract and dispute negotiations, ability to develop positive relationships, and demonstrate judgment, creativity, technical expertise, communication skills, and initiative.

Vanguard

Client-owned investment management firm offering low-cost funds

About Vanguard

Vanguard provides financial services with a focus on investment management. The company offers a variety of products, including mutual funds, exchange-traded funds (ETFs), individual retirement accounts (IRAs), and 401k rollovers, aimed at individual investors, financial advisors, and institutions. Vanguard's unique ownership structure means it is owned by its funds, which are in turn owned by the clients, allowing it to prioritize the needs of its investors over external shareholders. This model enables Vanguard to offer low-cost investment options, as it primarily earns revenue through management fees that are generally lower than industry standards. Additionally, Vanguard provides personalized investment advisory services, charging fees based on the assets managed. The company's goal is to help clients grow their wealth and achieve their financial objectives through effective investment strategies, while maintaining a competitive performance track record.

Kline Township, PennsylvaniaHeadquarters

1975Year Founded

SECONDARYCompany Stage

Fintech, Financial ServicesIndustries

10,001+Employees