Overview
A legal services organization is seeking a Derivatives Counsel to join their Financial Services team. This role involves providing expert legal advice and support on derivatives and OTC trading, ensuring compliance, mitigating risk, and facilitating transactions. The position includes working with ISDA Master Agreements, Credit Support Annexes, and other derivatives documentation to support global trading operations.
Responsibilities
- Draft, review, and negotiate ISDA Master Agreements, Credit Support Annexes, Master Confirmation Agreements, Term Commitment Agreements, Account Control Agreements, and other derivatives trading documents.
- Provide legal guidance on derivatives transactions, collateral management, and OTC trading compliance.
- Collaborate with trading desks, Front Office, Legal, Compliance, and Credit teams on derivatives transactions and regulatory initiatives.
- Manage legal, risk, and compliance issues for clients in the derivatives and financial services sector.
- Monitor industry trends, regulatory changes, and global derivatives rules to provide proactive counsel.
Requirements
- Minimum of 2 years of experience in derivatives, capital markets, or trading documentation legal work.
- Strong knowledge of ISDA agreements, Credit Support Annexes, and global OTC derivatives regulations.
- Proven experience advising clients on derivatives documentation and regulatory compliance.
- Excellent communication, negotiation, technology, and problem-solving skills.
- Juris Doctor (JD) degree and licensed to practice law.
Preferred Qualifications
- Experience with prime brokerage documentation, account control agreements, and regulatory initial margin requirements.
- Familiarity with cross-border derivatives regulations including U.S. Dodd-Frank, EMIR, UK, Canadian, and Singapore frameworks.
- Comfortable supporting global trading operations across multiple time zones.
Compensation & Benefits
- Estimated total compensation for full-time attorney roles ranges from $104,500 to $325,000 per year.
- Compensation decisions are based on experience, skills, certifications, location, and business needs.
- Additional benefits may include health, dental, and vision insurance; paid holidays and PTO; flexible work arrangements; and professional development opportunities.
Location
This role supports global trading operations and may require coordination across multiple time zones.
Employment may be contingent upon successful completion of a background check, proof of identity, and legal authorization to work. Reasonable accommodations are available upon request consistent with applicable laws.