What are the responsibilities and job description for the ASSISTANT CORPORATION COUNSEL position at LAW DEPARTMENT?
- LAW DEPARTMENT
- Full-Time
- No Exam Required
Job Description
- Assisting the City and related entities in complying with federal continuing disclosure requirements and practices over the life of each bond issue with respect to the City and its related issuers to ensure consistency with municipal market and regulatory expectations.
- Attending all local development corporations’ board meetings, counseling the board members on all corporate governance and disclosure matters related to federal, state and local regulatory compliance.
- Coordinating with City agencies, including State and City Comptroller in providing certain due diligence, such as reporting on financial information in accordance with the SEC and other federal, state and/or local finance laws.
- Working closely with City agencies to help the City and its related issuers develop post-issuance compliance policies and procedures in accordance with securities laws.
- Tracking, reviewing, researching, analyzing and filing all ratings of City bonds, underwriters and other City related bond issuers through the Electronic Municipal Market Access (EMMA) portal.
- Conducting due diligence regarding material compliance with the City and its related issuers’ offering documents to determine whether voluntary disclosure updates are necessary.
- Assisting the City and its related issuers in review and analysis of, and preparation of comments on proposed laws, regulations and rules relating to the City’s financings, including but not limited to MSRB and SEC amendments.
- Preparing and reviewing documents related to the issuance of debt instruments including public offering documents; and
- Assisting Division attorneys in the management and oversight of certain City facilitated loan programs.
Minimum Qualifications
Applicants must be admitted to practice law in the State of New York with a minimum of two years relevant legal experience subsequent to bar admission. Preferable experience includes working on corporate governance activities required by the local, state or federal regulatory compliance, preparing due diligence, such as litigation letters for financial audits, a working knowledge of disclosure and filing requirements related to the U. S. Securities and Exchange Commission (SEC) and familiarity with complex debt instruments such as bonds, loans and public offering documents. In addition, applicants should demonstrate experience working with large transaction teams. Duties will also involve producing transaction documents under strict deadlines and working with senior New York City policymakers.
Preferred Skills
Experience in and working knowledge of capital project financing and other related financing transactions, not-for-profit and/or corporate governance, local, state and federal regulatory compliance, New York Not-For-Profit Law, federal securities laws, and applicable federal income tax issues and complex debt instruments are preferred.
Public Service Loan Forgiveness
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.
Residency Requirement
New York City Residency is not required for this position
Additional Information
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.
- Experience Level:Experienced (Non-Manager)
- Category:Finance, Accounting, & Procurement
Salary : $97,850 - $118,450
