D2LT is an award-winning global legal data and consulting firm, operating at the intersection of FinTech & LegalTech. Founded in 2011, we have grown to an established and market-leading firm in a privileged position of advising leading investment banks, asset managers and other financial institutions on the management of legal data to support resource optimization (across for example, capital, liquidity & collateral), regulatory reporting & operational management. We lead the document digitization strategy for trade associations such as ISDA & ISLA, through work such as their clause taxonomy and library projects.
We are currently recruiting for an Associate Consultant to contribute across a number of consulting engagements within investment bank clients. The role would suit an ambitious person interested in getting exposure to the capital markets, contracts, contract data, operations, and technology.
A large proportion of our work involves working with bank clients to process and/or negotiate standard trading contracts (e.g., ISDA) and amendments to those contracts. Additionally, we work with clients to structure the data that represents the terms of their contracts and discuss those with stakeholders from Legal, Compliance, Credit, Collateral Management, and IT Reference Data departments – thereby creating opportunities to leverage technology to improve the quality and efficiency of the business processes that must correctly apply and process the terms contained within their trading agreements. Evolving banking regulations necessitate continued monitoring and enhancement of these contracts. For example, amendments are required to these contracts to react to the replacement of LIBOR. This change is affecting millions of financial contracts used by banks around the world.
We have an immediate need for experienced capital markets / consulting professionals with prior knowledge and experience Qualified Financial Contract (QFC) Recordkeeping Rules. This may include identifying in-scope products, supporting legal agreements, transactional data, aggregating exposure, operationalizing reporting.
- Problem solvers; with interests spanning law (across geographies), application of technology (including AI and Machine Learning), and an appreciation of the use of data to streamline business processes.
- Knowledge and experience working with the Qualified Financial Contract (QFC) Recordkeeping Rules.
- Capital markets experience.
- Regulatory reporting experience.
- Excellent attention to detail.
- Project management / project delivery mindset.
- Experience liaising with a broad set of stakeholders (e.g., legal, credit, compliance, technology, middle office)
- Intermediate Microsoft Excel/Word/PowerPoint.
Key requirements of the successful candidate are strong work ethic and desire to succeed attitude, coupled with a drive to take advantage of the learning opportunities the role offers. Assignments will likely involve reviewing legal contracts and assessing the contract language relative to regulatory requirements. This role will initially require remote working. In the future, working with clients in New York city or other locations may be required.