Contracts Paralegal

Job Description

Short Description for Internal Candidates

Position Title: Contracts Paralegal

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 are 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 :

As a member of Strategic Sourcing Team, the Contracts Paralegal role is 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, Legal, and Control Group(s) as vital.

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 various complexities, including the drafting of nonstandard commercial and legal terms.
• Participate in negotiations with Suppliers regarding proposed agreements.
• Liaise with TPR, Control Group(s), and Subject Matter Authorities, as vital.
• Ensure clear and timely communication with Business Unit, Strategic Sourcing, Legal, and Control Group(s), as vital.
• Keep current with law, regulations, and regulatory mentorship as needed to integrate appropriate terms into proposed agreements.
• Consult on post-contract issues, as necessary.
• Drive select, special projects in support of Departmental and Firm-wide initiatives.

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

Qualifications:

• Minimum of 2 years of related experience
• Bachelor's degree preferred or equivalent experience
• 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.

Talents Needed for Success:

• 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 Us

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

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About the Team

Finance is one organization composed of ten functions forming the financial backbone of DTCC, leaders who stand at the forefront of DTCC's competitive endeavors across the globe. From accountants and financial analysts to internal consultants and workplace designers, the CFO Organization employs diverse individuals who work together to help make DTCC a global leader in the financial services industry.