Assistant General Counsel / Associate General Counsel

Department: Legal, Compliance and Internal Audit

Employment Type: Full Time

Location: Tysons Corner

Compensation: $170,000 - $275,000 / year

Description

Nodal Exchange, the largest power futures exchange in North America, is a derivatives exchange providing price, credit and liquidity risk management to participants. Nodal Exchange is a leader in innovation, having introduced the world’s largest sets of environmental and electric power futures and options contracts. All transactions on Nodal Exchange are cleared through its wholly owned subsidiary, Nodal Clear, using its award-winning portfolio-margining methodology. As leaders in innovation, Nodal Exchange and Nodal Clear have built in-house most of the trading and clearing platforms that fuel our business. Nodal Exchange is a part of the EEX Group, which is in turn part of the Deutsche Börse Group, that serves international commodity markets. Nodal believes in helping our legal team thrive by balancing their work and home lives well.  We are proud of the culture we have created.  As such, we value teamwork, honesty, humor, forward thinking and open communication. We see the importance of your perspective and your ability to create value to the company through informed legal advice.  We want you to fit in with our supportive environment and to appreciate, as we do, that by bringing together our varied perspectives, and respectfully challenging each other, we can develop the best solutions for the legal issues of the business. Nodal Exchange seeks a talented and dynamic attorney for the following role based in Tyson’s Corner, VA (DC Metro area), with hybrid/remote work available:   Job Title: Assistant or Associate General Counsel, Nodal Exchange and Nodal Clear. The position reports to the Nodal Exchange/Nodal Clear General Counsel.  

Key Responsibilities

Responsibilities 

• Provide legal and regulatory advice and counsel for Nodal’s exchange (registered designated contract market) and clearing house (derivatives clearing organization) pursuant to the Commodity Exchange Act and the CFTC Regulations. 
• Work with other attorneys in General Counsel’s office and engage with business to address any regulatory or commercial business needs in a legally compliant manner.
• Stay on top of changing regulations, relevant industry trends, and work with business, finance, technology, and legal stakeholders to develop and implement best practices.
• Assist or lead the preparation, review, editing, or negotiating of business contracts, including third-party service provider, NDAs, and licensing agreements, to mitigate risk in accordance with company policies and regulatory responsibilities.
• Structure and draft agreements, amendments, addenda, and other documents to comply with new and existing regulatory responsibilities and commercial contracts.
• Draft, review, and maintain all company policies and procedures as needed.
• Develop a thorough understanding of the legal needs, policies, and procedures of the business, and any applicable legal or policy issues of EEX Group/Deutsche Börse Group.

Skills, Knowledge and Expertise

Preferred Professional Qualifications and Skills

• Juris Doctorate from an ABA-accredited law school. 
• Admitted to the Virginia Bar in good standing or otherwise admitted in another state with ability to become authorized to practice law as in-house counsel in Virginia
• Excellent organizational skills with the ability to handle multiple matters at once and complete them in an organized and timely manner.
• Well-developed written and verbal communication skills.
• Proven ability to address complex legal problems and business needs without compromising work quality.
• Attention to detail and a strong sense of ownership and accountability.
• Diligent team player with a good sense of humor - or at least the ability to politely recognize the attempts at humor by your colleagues.

Assistant General Counsel – a minimum of 6 to 10 years relevant experience as a practicing attorney as either an associate or counsel at a law firm, or with a government agency, or in-house legal department in a financial related business.

• Ability to work with little supervision and cooperatively in a team environment.
• Working knowledge of one or more specialty areas including contracts, licensing, intellectual property, technology, employment, privacy, and security
• Working knowledge of applicable legal/regulatory requirements related to the financial industry (i.e. CFTC, SEC, FDIC, FED, OCC, or CFPB) is a plus.

Associate General Counsel