About this role
Derivatives Attorney
Key Responsibilities
- Provide legal coverage for the fixed income sales and trading business, including macro and corporate businesses.
- Draft, negotiate and execute master and collateral agreements and ancillary documentation (IM and VM CSAs, FIA CDEAs, FX MCAs, NDAs) and actively and independently manage negotiations from inception to completion.
- Engage directly with client and partner closely with internal teams and stakeholders such as credit risk, sales and trading business, collateral management, treasury, tax, compliance and client onboarding.
- Review and advise on Dodd Frank Protocols, Uncleared Margin Self-Disclosure Letter, Resolution Stay Protocols and Delegated Reporting Agreements.
- Stay current on industry initiatives and regulatory updates, ownership of capacity and authority checks and conduct due diligence in respect of these negotiations, including netting and collateral enforceability.
Qualifications
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J.D. or equivalent law degree from an accredited institution.
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Member in good standing of the New York State Bar.
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5+ years of relevant legal experience within a financial institution or top-tier law firm.
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Familiarity with other industry master agreement documentation (MRA, GMRA, GMSLA, MSFTA).
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Familiarity with loan linked ISDA terms and associated credit agreements.
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Familiarity with industry legal opinions.
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Latin America experience and/or Spanish language skills are a plus.
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The expected base salary ranges from $220,000.00 - $250,000.00. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.