• Job Description

  Req#: 207062

  Are you ready to make an impact at DTCC?

  Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We're committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

  Pay and Benefits:

  • Competitive compensation, including base pay and annual incentive
  • Comprehensive health and life insurance and well-being benefits, based on location
  • Pension / Retirement benefits
  • Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
  • DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

  The impact you will have in this role:

  Being a member of the Strategic Sourcing Team, the Contracts Paralegal will be responsible for the initial legal review, and ultimate negotiation, of proposed agreements for the purchase of goods and/or services in collaboration with the Business Unit, Strategic Sourcing, Procurement, Legal, and Control Group(s) as necessary.

  
  Your Primary Responsibilities:

  • Partner with Strategic Sourcing and Procurement to select the appropriate Contract Template or Standard Clause(s) for proposed agreements.
  • Conduct redline review of proposed agreements of low to moderate complexity, including the drafting of non-standard commercial and legal terms.
  • Participate in negotiations with Suppliers regarding proposed agreements.
  • Liaise with TPR, Control Group(s), and Subject Matter Experts, as necessary.
  • Ensure clear and prompt communication with Business Unit, Strategic Sourcing, Legal, and Control Group(s), as necessary.
  • Keep current with law, regulations, and regulatory guidance as needed to integrate appropriate terms into proposed agreements and provide upkeep to Contract Templates and Standard Clauses.
  • Consult on post-contract issues, as necessary.
  • Research and analyze existing third party agreements to determine content and assess proper integration of prior documents into new documents.
  • Perform other duties as assigned.
  • Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; brings up appropriately

  **NOTE: The Primary Responsibilities of this role are not limited to the details above. **

  
  Qualifications

  • Minimum of 4 years of related experience
  • Bachelor's degree preferred or equivalent experience
    

  
  Talents Needed for Success:

  • Certification in paralegal studies required; or developed paralegal experience.
  • Demonstrate a thorough level of capabilities and proven track record of success working with Sourcing principals and methodologies, preferably for a global financial services firm. Highly specialized knowledge of principles, practices, and procedures of contract drafting and negotiation, and the liabilities and risks associated with the acquisition of goods, services, and technology. In-depth knowledge of the risk and regulatory environment to analyze impact of medium to high complexity sourcing projects. Thorough understanding of the Firm structure, standards, and business objectives.
  • Provide succinct and clear communication, both written and verbal, to a wide variety of audience, including writing clear and unambiguous contract terms. Must have the ability to develop and maintain strong collaborator relationships. Ability to conceptually think of new projects and lead project teams towards a common objective. Ability to work independently with minimal or no supervision. Ability to influence with limited or no authority. Ability to train others on moderate to highly complex policies, practices, and processes. Apply software to analyze data and summarize information, such as Microsoft Word, Excel, PowerPoint, and other Firm-issued tools.

  We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

• About the company

  The Depository Trust & Clearing Corporation (DTCC) advances solutions that help markets grow and protect the security of the global financial system.

Notice