Derivatives/Fund Trading Documentation Lawyer

Posted 03 September 2023
Salary £120k - £150k
LocationLondon
Job type Permanent
Discipline In-house Lawyers: Contax Law
ReferenceJ417
Contact NameLuke Eccles

Job description

Contax Law are working with a global investment company who are seeking a Derivatives/Fund Trading Documentation Lawyer with Prime/Clearing broker experience to join their growing Legal team.

The role will focus on:

·Driving legal re-negotiation of key terms with Prime/Clearing Brokers (e.g. margin calculation, locks, limits,) This will involve understanding and finalising proposed terms with internal stakeholders and acting as the interface between internal stakeholders and external counsel and counterparties to complete negotiations within an agreed timeline

·Responsibility for the legal pipeline of trading document negotiations (e.g. ISDAs, CSAs, GMRAs, MCA, FX PB, PB Agts, Clearing Agts, TRS, Custody Agts, Sponsored Repo etc) and working with external counsel and the trading desk/operations team to ensure the list is regularly re-prioritized

·Implementation from a legal perspective of trading doc related regulatory projects such as UMR and LIBOR

·Approving new trading instruments from a legal perspective, answering desk queries and investigating feasibility of trading in new markets e.g. onshore chinese equities etc

·Working with Operations and Business Solutions team to improve counterparty onboarding process including helping develop systematic solutions to improve basic processes that cause bottlenecks e.g. KYC, tax forms, US and EU regulatory undertakings

·Digesting new regulation and industry changes/initiatives and communicating them to wider business

 Competitive salary package on offer

Contax Law is part of the Contax Law Group which also includes Nicholas Scott (www.nicholas-scott.com).