CME Group (www.cmegroup.com) is the world's leading and most diverse derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career shaping tomorrow. We invest in your success and you own it – all while working alongside a team of leading experts who inspire you in ways big and small. Joining our company gives you the opportunity to make a difference in global financial markets every day – whether you work on our industry-leading technology and risk management services, our benchmark products or in a corporate services area that helps us serve our customers better. With 2,500 employees located around the world, we're small enough for you and your contributions to be known. But big enough for your ideas to make an impact. The pace is dynamic, the work is unlike any other firm in the business, and the possibilities are endless. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.
*Candidate can sit in either the Chicago or New York office
CME Group is seeking a high quality, results-oriented market data lawyer to join our in-house legal team. The successful candidate will be joining CME Group at an exciting time for the Global Data Licensing Services business. The Global Data Licensing Services team has grown significantly throughout 2017 and now requires a lead market data specialist lawyer to lead legal support to the business, covering all legal and regulatory aspects of its Core Data & Compliance and Derived Data licensing business.
The Director and Assistant General Counsel will lead in the provision of specialist market data advice and provide guidance to the business and legal team colleagues in the UK, USA and Asia to provide legal support to the Global Data Licensing Services business including:
Determining appropriate licensing approaches and models to balance the commerical objectives of the business against relevant legal risks in key locations
Drafting and maintaining standard form market data and derived data licensing agreements
Providing legal and regulatory advice to the strategy and policy team in relation to new market data licensing programs and initiatives
Advising on the transfer of customers on legacy agreements to current standard forms
Supporting the customer aduit program, including drafting of NDAs and negotiation of settlement agreements
Providing legal and regulatory guidance regarding unlicensed market data use
Providing guidance on current and pending laws and regulations that impact market data licensing (e.g. Benchmark Regulations, GDPR, Competition and Intellecutla Property law)
The Legal department is a fast-paced environment offering opportunities to gain exposure to many aspects of CME Group's business and to work with CME Group colleagues and customers globally. The position will include some travel between our Belfast, Chicago, London and New York locations. As well as excellent technical expertise in market data, the successful candidate must have excellent communication skills, work with integrity and conviction, and be able to interact confidently with internal and external customers at all levels of seniority.
Member of the Illinois or New York bar in good standing
7+ years experience as a practicing attorney in legal issues relating to market data licensing
Experience of negotiating intellectual property license agreements, services agreements and other commercial agreements
Knowledge of antitrust issues relevant to market data licensing, relevant areas of commercial law, with financial regulations and regulatory frameworks preferred
Extensive familiarity with the US and EU licensing agreements
Experience at a top law firm preferred
Experience working cross divisionally to a mid to large size company
Experience working with internal and external customers, preferably internationally
Excellent negotiating, drafting, analytical and written and oral communication skills