DSF Legal Counsel – Derivatives & Securities Financing

Santander UK plc.; Greater London; On-site; GBP 90,000 - 140,000; Full time

Benefits offered by this job

Private medical insurance

Pension benefits

Discretionary bonus

Flexible benefits

Job summary

Santander UK plc, based in London, is seeking a senior DSF lawyer to support the Derivatives and Securities Financing team within SCIB. You will lead negotiation, drafting and approvals for DSF transactions, advising on UK regulatory requirements and complex market agreements, with exposure to front-office collaboration and senior stakeholders.

Join a high-performing, inclusive team in Triton Square, offering a competitive package, discretionary bonus and extensive private medical and pension

Qualifications

• Extensive post-qualification experience in a financial institution or law firm.
• Experience drafting and negotiating master trading agreements for DSF transactions.
• Knowledge of UK regulatory frameworks including UK EMIR, MiFID II/MiFIR, SFTR and margin requirements.
• Ability to manage complex transactions independently and influence senior stakeholders.
• Excellent communication and negotiation skills.

Responsibilities

• Provide legal advice on Markets products and governance of DSF transactions.
• Structure, review and lead on transaction documentation from term sheet to execution.
• Assist with new product approvals and novel structures.
• Advise on risk-transfer transactions and related documentation.
• Manage external counsel costs within budget.
• Support Head of DSF Legal and Head of SLB Legal on non-transactional matters.

Skills

Qualified lawyer

UK regulatory knowledge

Drafting master trading agreements

Negotiation and communication

Stakeholder management

Education

Law degree or equivalent

Tools

ISDA Master Agreements

CSAs

GMRAs

GMSLAs

CDEAs

Job description

Santander UK plc, based in London, is seeking a senior DSF lawyer to support the Derivatives and Securities Financing team within SCIB. You will lead negotiation, drafting and approvals for DSF transactions, advising on UK regulatory requirements and complex market agreements, with exposure to front-office collaboration and senior stakeholders.

Join a high-performing, inclusive team in Triton Square, offering a competitive package, discretionary bonus and extensive private medical and pension