The Role
Provide legal advice to Nodal Exchange and Nodal Clear, monitor regulatory changes, draft and negotiate commercial contracts and licensing agreements, maintain policies and legal files, support compliance across business, finance, and technology stakeholders, and collaborate with the EEX Group on legal matters. Role is onsite in Tyson's Corner (3 days/week) with hybrid options.
Summary Generated by Built In
Assistant General Counsel
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 energetic attorney for the following role onsite in Tyson’s Corner, VA (3-Days a week) with hybrid/remote work available:
Job Title: Assistant General Counsel, Nodal Exchange and Nodal Clear. The position reports to the Nodal Exchange/Nodal Clear General Counsel.
Key Responsibilities
- Provide legal advice and counsel for Nodal’s businesses, working with other attorneys in General Counsel’s office, and engaging with business to address any commercial business needs in a legally compliant manner.
- Stay abreast of changing laws/regulations applicable to the business, work with business, finance, and technology stakeholders to develop and implement best practices.
- Lead and/or assist in the preparation, review, editing, or negotiating of various business contracts, including third-party service provider, nondisclosure, confidentiality, and multiple types of 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 legal responsibilities and commercial contracts.
- Review and help maintain all company policies and procedures as needed.
- Assist in the administrative process and maintenance of the legal file systems.
- Develop a thorough understanding of the legal needs, policies and procedures of the business, and any applicable legal or policy issues of the EEX Group.
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.
- A minimum of 4 to 7 years relevant experience as a practicing attorney as either an associate at a law firm or in-house legal department, preferably in a financial/technology related business.
- Working knowledge of at least one or more specialty areas including contracts, licensing, intellectual property, data protection, antitrust, technology, APIs, employment, privacy, immigration, and security.
- Experience in corporate or commercial contract drafting, review, and negotiations.
- 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.
- Excellent organizational skills with the ability to handle multiple matters at once and complete them in an organized and timely manner.
- 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.
- Ability to work independently with limited supervision, as well as cooperatively in a team environment.
- Some knowledge of applicable legal/regulatory requirements related to the financial industry is a plus.
- Diligent team player with a good sense of humor - or at least the ability to politely recognize the attempts at humor of your colleagues.
Salary Range: $180,000 - $235,000 base salary, commensurate with experience and annualized, plus Annual Bonus
Pay Transparency Notice: The salary range is based on the D.C. metro area, the successful candidate’s starting salary will vary depending on permissible, non-discriminatory factors including but not limited to qualifications, skills, and experience. This range represents the company’s good faith estimate of the range of possible compensation at the time of posting for this position. Annual at-risk bonus opportunities are non-guaranteed and are dependent upon individual and company performance. Nodal also offers a wide range of benefits and perks for full-time employees, which may include target bonuses.
Benefits
Nodal Employee Benefits and Perks: Nodal offers its employees a wide range of benefits designed to support health, well-being, and work-life balance: https://nodalexchange.pinpointhq.com
Nodal Exchange, LLC does not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, gender identity or expression, pregnancy, parental status, marital status, citizenship, national origin, age, disability, genetic information, military status, veteran status, physical or mental health, hairstyle, or any other characteristic protected by federal, state or local law with respect to recruitment, hiring, training, promotion, or in any other terms and conditions of employment. Nodal Exchange is an E-verify participant.
About
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management to participants in the North American commodities markets. Nodal Exchange is a leader in innovation, having introduced the largest set of electric power locational (nodal) futures and options contracts and the largest set of environmental futures and options contracts in the world. Nodal Exchange currently offers over 1,000 power contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants.
Skills Required
- Juris Doctorate from an ABA-accredited law school
- Admission to the Virginia Bar in good standing or ability to become authorized to practice in-house in Virginia
- Minimum of 4 to 7 years relevant experience as a practicing attorney (law firm or in-house), preferably in financial/technology
- Experience in corporate or commercial contract drafting, review, and negotiations
- Working knowledge of one or more specialty areas: contracts, licensing, intellectual property, data protection, antitrust, technology, APIs, employment, privacy, immigration, security
- Well-developed written and verbal communication skills
- Excellent organizational skills; ability to handle multiple matters and complete them timely
- Some knowledge of applicable legal/regulatory requirements related to the financial industry
- Diligent team player with professional demeanor (culture fit)
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The Company
What We Do
Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American energy markets. Nodal Exchange is a leader in innovation, having introduced the world’s largest set of electric power locational (nodal) futures contracts. Nodal Exchange currently offers over 1,000 contracts on hundreds of unique locations, providing the most effective basis risk management available to market participants. In addition, Nodal Exchange offers a Henry Hub natural gas contract providing cross-margining benefits with participant’s power portfolios. All Nodal Exchange contracts are cleared by Nodal Clear which is a CFTC registered derivatives clearing organization. Nodal Exchange is a designated contract market regulated by the CFTC. Nodal Exchange is part of the EEX Group.
