Associate General Counsel, Trading Desk Compliance (Legal & Compliance) Details

Associate General Counsel, Trading Desk Compliance (Legal & Compliance)

Cerberus Capital Management - New York, NY

Employment Type : Full-Time

Founded in 1992, Cerberus is a global leader in alternative investing with approximately $55 billion in assets across complementary credit, private equity, and real estate strategies. We invest across the capital structure where our integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value. Our tenured teams have experience working collaboratively across asset classes, sectors, and geographies to seek strong risk-adjusted returns for our investors. Job Purpose: Cerberus Capital Management (CCM) is recruiting an Associate General Counsel/Senior Compliance Officer to manage legal oversight and surveillance of our trading teams across varying strategies including equities, credit, distressed, and MBS. In this role, you will interact with and advise portfolio managers, investment professionals, traders and operations professionals on our policies and procedures in accordance with applicable regulatory requirements. Responsibilities & Deliverables:

• Oversee trade execution, compliance and monitoring program for our trading strategies across equities, credit, distressed, and MBS
• Understand trading strategies to identify and anticipate legal or regulatory issues impacting trades, including MNPI, regulatory reporting, position limits allocations market manipulation and investor-mandated restrictions.
• Provide legal advice, review, draft and negotiate documentation for trading relationships and strategies
• Manage exception and other surveillance reports to monitor for compliance with CCM policies and procedures in accordance with applicable regulatory requirements
• Enhance the overall effectiveness of surveillance controls
• Investigate and resolve surveillance alerts in partnership with Legal, Compliance, Operations, and investment professionals
• Conduct incident reviews as needed
• Advise on legal, regulatory and reputational issues and risks arising in trading environment and work closely with the wider Cerberus legal and compliance teams on securities and capital markets legal matters

• Juris Doctor (JD) degree, membership in good standing of NY State Bar
• 6+ years of experience in securities law, and/or trading review for equities, credit, or RMBS
• Preferred candidates will have relevant experience working in-house with private equity or hedge funds, or a regulatory agency including SEC
• Knowledge of current legal and regulatory landscape governing trading strategies including insider trading compliance and oversight
• Strong decision making and communication skills
• The ability to appropriately assess and manage legal and reputational risk and demonstrate sound judgement in the resolution of such matters
• Ability to thrive in a fast-paced, ever-changing and trading desk environment
• Ability to prioritize efficiently and manage a complex time sensitive workload
• Excellent attention to detail and accuracy
• A calm approach, with the ability to perform well in a pressurized environment
• Willingness to learn new areas of law to cover new businesses and initiatives