What are the responsibilities and job description for the Prime Brokerage Negotiator position at Quadrangle Consulting?
We are currently seeking competent and experienced attorneys to join our legal team. The individuals in this role would be responsible for reviewing and negotiating counterparty and vendor contracts, creating reports on our platform, and assisting with client launches. The ideal candidate will have a background in the investment management industry.
Objectives of this Role:
- Assist our clients in achieving preferred terms on their contracts.
- Building trustworthy relationships with clients.
- Maintain Quadrangle’s reputation for efficacy and efficiency in our review and negotiation of contracts.
- Develop a thorough understanding of our products and service offerings.
Daily & Weekly Responsibilities:
- Negotiate trade and finance agreements (e.g., equity prime brokerage, ISDA master agreements, master repurchase agreements, futures agreements) and vendor agreements (e.g., fund administration, OMS, IT, compliance) on behalf of investment funds.
- Complete term-by-term reports of trade, finance and vendor agreements using Quadrangle’s proprietary platform.
- Develop and maintain close relationships with clients with a view towards tailoring negotiations to address the client’s concerns and needs.
- Lead kick-off meetings between client and counterparties.
- Research issues and write articles on regulatory / industry matters on occasion.
- Assist in product/service development alongside the business team.
- Monitor the work of junior members of the legal team and interns.
Skills & Requirements:
- Juris Doctor (JD) degree required
- 2-7 years experience working at financial institution or law firm
- Experience in the negotiation of trade and finance documentation. Experience in the negotiation of other types of finance, vendor and/or NDA documentation helpful.
- Experience in, or knowledge of, fund formation documentation strongly preferred.
- Knowledge of Dodd Frank, Securities Act, Exchange Act and/or Investment Advisers Act strongly preferred.
- Excellent communication skills, both verbal and written
- Skills of persuasion and negotiation
- Strong time management and organizational skills
- Detail-oriented
- Strong computer skills and competency
- Professional attitude and ability to collaborate with a team
Benefits:
- Hybrid work schedule
- Compensation commensurate with experience
- Optional medical coverage
- 401(k) with company contribution
- PTO and paid federal holidays
Company Overview:
Quadrangle promotes transparency and communication with c-suite executives and senior management. We pride ourselves on flexibility and creating a healthy work-life balance, including a hybrid work structure, lunch options, and a collaborative culture.