Corporate Advisory
Corporate Advisory plays a leadership role in advancing the goals of the Firm by identifying, analyzing, evaluating and managing risk relating to how the Firm operates. Corporate Advisory seeks to reduce the potential for revenue losses, legal and regulatory liabilities and reputational damage for the Firm. As a member of this group, you will have the opportunity to contribute in a meaningful way to our mission to manage and mitigate internal operating risk and protect the Firm franchise.
Corporate Advisory employees work in close partnership with the business to ensure a strong risk control environment globally and to protect Lehman Brothers’ franchise. We also play a leading role in analyzing new transactions and products and identifying and mitigating their potential risks.
Corporate Advisory consists of the following departments:
Legal- The Legal department plays a crucial role in establishing and reinforcing corporate governance and protecting the Firm. Our Legal department helps safeguard the Firm’s clients, shareholders, data and reputation. Devoted groups within the Legal Department provide legal services, advice and support to the Firm’s divisions. In addition, the Corporate Law group provides legal services on a broad range of corporate, securities, real estate and technology law matters. The Litigation group is responsible for managing the Firm’s claims or exposures in court or arbitration proceedings globally.
- Compliance & Regulation
- The Compliance department advises and supports the Firm’s businesses to ensure that they adhere to securities laws, rules and regulations to which they are subject. Compliance teams support all business lines, in addition to providing advice and coverage to all of the Firm’s businesses in areas such as Training, Communications (including marketing materials) and Financial Crimes Prevention and Intelligence (including anti-money laundering compliance).
- Audit
- The Audit department performs independent assessments of Lehman Brothers’ internal control and provides its findings to Senior Management and the Board of Directors. In this way, the Audit department seeks to independently confirm and ensure a strong internal control environment that both aligns with industry best practice and supports the evolving regulatory framework. Audit conducts reviews of all areas within the Firm by planning, documenting, assessing and testing controls. Based on its findings, Audit identifies control improvements and works with management to effect change. Audit team members are also involved in strategic initiatives and continually improve the control environment as new technology, businesses or processes become available.
- Capital Markets Contracts - Legal
- The Capital Markets Contracts - Legal department manages legal and documentation risk through the use of industry-standard master agreements. The Capital Markets Contracts - Legal team is responsible for drafting and negotiating the Firm’s master agreements for a variety of the Firm’s businesses, including fixed income and equity derivatives. Capital Markets Contracts - Legal also drafts confirmations for complex and/or nonstandard transactions.
- Government Affairs
- The Government Affairs department works to preserve and promote Lehman Brothers’ business activities and opportunities by influencing decisions made by federal government officials on issues of direct interest to the Firm. This group develops and maintains relationships with Members of Congress, staff, SEC and Treasury to protect Lehman Brothers’ business interests.
- Internal Control Committee Oversight & Governance
- The Internal Control Committee Oversight & Governance group is responsible for establishing sound practices and for maintaining and monitoring governance standards across the Firm’s internal control committees. This group establishes the framework and provides standards for the Firm’s various Committees including Management Oversight Committees, Transaction Approval Committees and other Divisional and Business Level Committees.