We are seeking a business-minded legal professional to join the Funds Group. This individual will be a legal and regulatory subject matter expert for the derivatives-trading activity of our sponsored funds and a key member of the Funds Legal team. This role requires a working knowledge of certain derivatives, including the applicable regulatory frameworks and market practices. This role has significant opportunities for professional development, working alongside a team of attorneys and other professionals within the Funds Group.

The Funds Group

Arrowstreet sponsors a number of pooled investment funds, each managed according to one of our offered investment strategies. The Funds Group within Arrowstreet is a team of experienced professionals responsible for managing the formation, development and oversight of these sponsored funds.

Responsibilities

• Provide substantive legal advice and related support on a variety of legal and regulatory topics related to certain derivatives, with a particular focus on the following areas:
  • FX forward contracts
  • Equity swaps
  • Futures contracts
• Draft and negotiate International Swaps and Derivatives Association (ISDA) agreements, prime brokerage agreements, futures customer agreements, and related documentation
• Support fund launches and ongoing fund administration, such as:
  • Fund formation of various private fund structures in various jurisdictions
  • Fund document review, issues identification and maintenance of internal records
  • Onboard trading-related service providers, such as FX counterparties, FCMs and prime brokers
• Work directly with members of the investment teams at Arrowstreet, as well as directly with external trading counterparties on legal and regulatory matters

Our Ideal Candidate

• Possesses good judgment and a mindset for risk management & mitigation
• Is a self-starter who works proactively and thinks both strategically and tactically
• Has strong negotiation and communication skills
• Has the ability to work in a dynamic environment and prioritize, often under tight deadlines
• Maintains a diligent work ethic, has strong analytical and organizational skills and strong attention to detail
• Has excellent interpersonal, verbal and written communication skills and enjoys working collaboratively

Qualifications

• J.D. degree from an accredited institution
• Must be a member in good standing of the Massachusetts state bar
• 7+ years of relevant experience, including experience at an established investment manager, financial institution or law firm.
• Working knowledge of trading-related legal documentation (e.g., ISDAs and prime brokerage agreements) and experience with the legal and regulatory landscape of OTC derivatives.