Legal Associate - Documentation specialistOur Legal department provides legal advice and guidance to the firm globally, regarding all aspects of the firm's business and operations. The group also handles the legal aspects of all firm initiatives, as well as ad-hoc projects. We have an exciting opportunity for a dynamic and driven Legal Associate to join the team. Day-to-day, you will beresponsible for supporting the firm across all legal functions, with the potential to make an impact quickly. Ideally, you are someone who enjoys autonomy and organization, while working in a collaborative and fast-paced environment. If this sounds like a challenging and exciting opportunity, we would love to hear from you!Principal ResponsibilitiesFacilitate the negotiation of counterparty agreements including ISDA, GMRA, GMSLA and Prime Brokerage agreementsAct as a main point of contact for all external and internal stakeholders involved in negotiation and onboarding processesCoordinate internally to resolve any legal issues that might arise during negotiationsCollaborate internally to ensure conformity to credit policiesDevelop and maintain relationships with counterparts at client firmsUnderstand regulatory changes and industry trends and their impact on agreementsProvide insights to management on negotiation strategies and counterparty trendsDraft amendments to various agreementsMaintain various internal summaries (e.g. side letters, ISDAs, repos)Organize and accurately maintain physical and electronic documents and filesCoordinate signature execution and processing, tracking and filing of agreements and other documentationFrequent interaction with colleagues in the operations, accounting, and investor relations departmentsTake ownership of and track projects through entire life cycleQualifications/Skills RequiredBachelor's degree in Law, Finance, Business or related field preferredMinimum of 3 plus years of experience in prime brokerage or banking with a focus on counterparty negotiationIn-depth knowledge of ISDA, GMRA, GMSLA and Prime Brokerage agreement structuresStrong negotiation and interpersonal skillsExcellent understanding of the regulatory environment and the ability to apply this knowledge to negotiation strategiesAbility to work independently and as part of a teamExcellent verbal and written communication skillsExcellent organizational skillsProven ability to contribute in a fast-paced environment with the ability to prioritize tasks and handle time efficientlyProactive, detail-oriented problem solver with a desire to contribute to Millennium's reputation and successGood teammate with a strong willingness to participate and help othersMillennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. The estimated base salary range for this position is $125,000 to $175,000, which is specific to New York and may change in the future. When finalizing an offer, we take into consideration an individual's experience level and the qualifications they bring to the role to formulate a competitive total compensation package.
