Our client is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The Firm's employees serve clients worldwide including corporations, governments and individuals from more than 1,200 offices in 43 countries.
As a market leader, the talent and passion of their people is critical to their success. Together, they share a common set of values rooted in integrity, excellence and strong team ethic. Then client provides a superior foundation for building a professional career - a place for people to learn, to achieve and grow. A philosophy that balances personal lifestyles, perspectives and needs is an important part of their culture.
Department Profile: The attorneys and other professionals of Legal & Compliance provide a wide range of services to the business units. They might help to structure a complex and sensitive cross-border transaction; advise on a new product introduction; develop a training program or defuse an investor dispute. They preserve the Firm's invaluable reputation for integrity and protect the Firm from sanctions with policies and procedures that meet regulatory requirements around the world. They also strive to maintain cooperative relationships with governmental policy makers and the regulatory and self-regulatory agencies that govern the Firm's businesses.
Primary Responsibilities: Working in the ISD (Fixed income and equities trading documentation) Legal team which will include the following tasks and responsibilities;
Providing legal advisory coverage to ISD team across a range of traded fixed income products (including OTC derivatives ((ISDAs) and stock loan/repo agreements). Whilst the focus is on ISDA trading documentation, a range of documentation including financing agreements, NDAs and guarantees will also come across your desk.
Providing legal advice to support the EMEA Basel Netting and Collateral Co-Ordinator, which will include reviewing industry netting and collateral opinions, participating in ISDA Working Groups, reviewing credit support documents to ensure CRR compliance, and preparing advice which will support internal ratings used to calculate capital held by the Firm under and in accordance with the Capital Requirements Regulation (CRR). Requires a basic knowledge of the CRR and netting and collateral.
Providing legal support to cross divisional regulatory projects (including EMIR) and the impact of the on-shoring of European instruments on our business).
Providing legal advice to support key business driven strategic initiatives across the Fixed Income Division (for example, capacity and authority project, jurisdictional analysis, licensing and new markets).
Drafting internal policies and procedures and advising on new law that may impact fixed income products.
Providing legal support to our Brexit client migration (this includes advising on licensing, regulatory change, legal queries arising from client repapering and Onboarding).
Product mix is primarily fixed income (FX, rates, credit) but with some equities and financing experience.
The role will suit both equities and fixed income derivatives lawyers.
Reporting to a Vice President.
Skills & Experience:
The role will suit both Equities and Fixed Income Derivatives Lawyers.
The Legal department is an advisory function which is separate from documentation and transaction management teams. Consequently, this is an advisory role, and is not a negotiation or documentation role.