Legal Counsel

Jump Trading; City Of London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading finance firm is seeking an experienced Derivatives Lawyer in London to negotiate and provide legal advice regarding derivatives transactions. Responsibilities include working with trading teams, negotiating contracts, and identifying regulatory issues. Candidates should ideally have strong experience in trading-related documentation and a solid understanding of derivatives regulations. A collaborative and fast-paced work environment is offered, along with extensive benefits.

Benefits

Private Medical, Vision and Dental Insurance

Group Pension Scheme

Paid Parental Leave

Qualifications

• At least 5 years of post-qualification experience in derivatives.
• Substantial knowledge regarding trading-related documentation.
• Demonstrated attention to detail and organizational skills.

Responsibilities

• Work with business development and trading teams on derivative transactions.
• Counsel business units on contract strategy and negotiate contracts.
• Identify potential regulatory issues related to derivatives trading.

Skills

Solicitor or equivalent legal qualifications

Post-qualification experience

Knowledge of trading-related documentation

Ability to explain complex legal issues

Education

Solicitor or equivalent European legal qualifications

Job description

Jump Trading Group is committed to world class research. We empower exceptional talents in Mathematics, Physics, and Computer Science to seek scientific boundaries, push through them, and apply cutting edge research to global financial markets. Our culture is unique. Constant innovation requires fearlessness, creativity, intellectual honesty, and a relentless competitive streak. We believe in winning together and unlocking unique individual talent by incenting collaboration.

We are seeking an experienced Derivatives Lawyer to join our global legal team to collaborate with the firm to negotiate and provide legal advice with respect to derivatives transactions and other trading-related matters. You will work on a variety of transactions, which include commodities transactions, prime broker agreements, and other broker relationship contracts. In addition, you will work with the legal team to meet the ongoing legal services and counselling needs of our diverse trading firm. Areas of responsibility will include reviewing and negotiating commercial contracts, corporate structure and governance support, regulatory advice for new business initiatives, and other corporate legal matters.

This role will be based in our London Office with the expectation of being onsite.

Jump Trading Group provides the opportunity to innovate with and counsel business partners on issues involving the latest financial products and technologies. No two days at Jump are ever the same, creating an intellectually stimulating, exciting, and fast-paced environment that enables you to take initiative to learn and develop your skills constantly while creating value for the firm. You will have the opportunity to build strong relationships with business teams and provide guidance on a wide range of legal issues.

You will need to be well versed in derivatives and regulatory matters, have strong attention to detail, be intellectually curious and resourceful, and have excellent interpersonal skills to build relationships across offices and departments. You also must be able to communicate clearly, both in writing and orally, to global team members, department heads, senior management, and external parties.

What You’ll Do:

• Work with our business development, trading, treasury, and clearing teams to assess the needs of the firm, advise internal constituents, and take the lead on negotiations with derivatives counterparties in all asset classes, as well as work on other trading-related agreements.
• Counsel business units on contract strategy, including explaining contractual risks and obligations while suggesting strategies and alternatives, and negotiating contracts.
• Identify potential regulatory issues relating to derivatives trading, and work with compliance, other internal stakeholders, and outside counsel to mitigate risks.
• Work closely with global legal team members and support business initiatives across time zones.
• Assist on internal legal department projects and initiatives.
• Other duties as assigned or needed.

Skills You’ll Need:

• Solicitor or equivalent European legal qualifications.
• At least 5 years of post-qualification experience.
• Substantial knowledge regarding, and substantial experience negotiating, trading-related documentation, with a focus on ISDA documentation, prime brokerage agreements, futures and OTC clearing agreements, repurchase agreements, and electronic trading agreements.
• Working knowledge of regulations related to derivatives and trading (EMIR, MIFID II and other international regulations).
• Experience with energy and physical commodities transactions.
• Experience working on derivatives transactions in the Asia Pacific region.
• Demonstrated attention to detail and organizational skills.
• Demonstrated ability to learn new subjects and business areas quickly.
• Aptitude for easily explaining complex legal issues to business partners.
• Ability to handle multiple projects in fast-paced environment and exercise sound commercial and legal judgment.
• Prior in-house experience, including at a financial services firm, is a plus.
• Reliable and predictable availability.

Benefits

• Private Medical, Vision and Dental Insurance
• Travel Medical Insurance
• Group Pension Scheme
• Group Life Assurance and Income Protection Schemes
• Paid Parental Leave
• Commuter Benefits