Senior Counsel at RBC specializing in equity derivatives, margin loans, and structured notes. Advising on legal, regulatory and contractual risks while collaborating with various financial teams.
Responsibilities
Provide legal coverage for several business lines within US Global Equities and Global Investment Banking, focusing on equity derivatives, margin loans and structured notes
Advise RBC’s Strategic Equity Solutions group on issuer call spreads/capped calls, ASRs, ATM Forwards, and other derivatives
Support RBC’s registered USMTN structured notes program and 144A program by advising on new products and distribution channels
Engage with clients, distributors, service providers and their counsel on various types of agreements
Stay informed on legal and regulatory developments and maintain documentation as needed
Collaborate with Sales, Trading, Structuring, Risk, and Tax
Requirements
Law Degree and member in good standing of the bar of a U.S. state with 2-5 years of legal experience
Knowledge of ’33 and ’34 Act
Familiarity with relevant ISDA documentation and framework (in particular, the 2002 Equity Definitions)
Strong drafting, analytical and problem solving skills
Experience covering equity derivatives (ideally corporate equity derivatives) and/or structured notes at a major investment bank and/or law firm
Understanding of the economics of common derivative products, market practices and regulatory framework (e.g., Title VII of Dodd-Frank)
Experience with margin loans and/or other fund financing transactions
Knowledge of Articles 8 and 9 of the UCC and US Bankruptcy Code
Benefits
A comprehensive Total Rewards Program including bonuses and flexible benefits
Competitive compensation
Commissions
Stock where applicable
401(k) program with company-matching contributions
Health, dental, vision, life and disability insurance
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