Director & Managing Counsel, Equity Derivatives Job Summary
Job Description
What is the opportunity?
As Managing Counsel in RBC's US Capital Markets Law Group, you will serve as a key senior member advising RBC's Global Equities and Global Investment Banking platforms, focusing on equity derivatives, margin loans, and structured notes. You will identify and explain legal, regulatory, and contractual risks for proposed transactions, collaborating with business and other functions to develop solutions that mitigate risks, drafting and negotiating agreements, and supporting junior attorneys.
Working arrangement: In office a minimum of three days per week.
What will you do?
- Serve as the senior counsel advising on issuer call spreads, capped calls, ASRs, ATM Forwards, 10b5-1 / 10b-18 plans, structured margin loans, and derivatives related to affiliate and restricted stock hedging and monetization.
- Lead legal and regulatory monitoring, updating documentation as needed, delegating tasks to junior attorneys.
- Engage with Sales, Trading, Structuring, Risk, Tax, and other teams on transaction structuring, execution, risk mitigation, and lifecycle events, partnering with junior attorneys.
- Lead ad hoc projects, regulatory changes, and new business initiatives.
- Collaborate with front office, Litigation, and control functions on regulatory inquiries and remediation efforts.
- Manage external counsel relationships as necessary.
What do you need to succeed?
Must-have:
- Law Degree and active bar membership in a US state with 7-12 years of legal experience.
- Knowledge of '33 and '34 Acts.
- Familiarity with ISDA documentation, especially the 2002 Equity Definitions.
- Strong drafting, analytical, and problem-solving skills.
Nice-to-have:
- Experience with equity derivatives and structured notes at a major investment bank or law firm.
- Understanding of derivative economics, market practices, and regulations including Title VII of Dodd-Frank.
- Experience with margin loans and fund financing transactions.
- Knowledge of Articles 8 and 9 of the UCC and US Bankruptcy Code.
What's in it for you?
We thrive on challenges, encourage growth, and work collaboratively to deliver trusted advice. We value each other, support potential, and aim for mutual success. Our benefits include a comprehensive rewards program, leadership support, meaningful work, flexible work/life options, and career growth opportunities.
The salary range is $240,000-275,000, depending on experience and market conditions, excluding additional compensation elements like bonuses, stock, and benefits.
Our compensation philosophy supports attracting and retaining top talent to drive high performance, achieve strategic goals, and generate shareholder value.
Job Skills
Business Perspective, Coaching, Customer Service, Decision Making, Financial Regulation, Problem Solving, Communication, Legal Practices, Time Management
Additional Job Details
Address: Goldman Sachs Tower, 30 Hudson Street, Jersey City
City: Jersey City
Country: United States of America
Work hours / week: Full time
Platform: Chief Legal & Admin Office Group
Job Type: Regular
Pay Type: Salaried
Posted Date: 2025-07-08
Application Deadline: 2025-08-26
Note: Applications accepted until 11:59 PM the day prior to the deadline.
Inclusion and Equal Opportunity Employment
At RBC, we promote an inclusive workplace with diverse perspectives, supporting our growth and innovation. We are committed to respect, belonging, and opportunity for all.
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