Legal Counsel - Prime Brokerage & Clearing Documentation

Delta Capita; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

Delta Capita is seeking a Legal Counsel to support a global investment banking client on a 6-month Fixed-Term Contract in London. The role focuses on negotiating and executing derivatives, prime brokerage, clearing and securities trading documentation, supporting relationships across Global Markets.

The candidate will have strong experience negotiating ISDAs, Prime Brokerage and Clearing documentation, with prior on-site or secondment experience in banking clients.

Qualifications

• Qualified Lawyer or Legal Counsel with experience in investment banking or financial markets.
• Proven experience negotiating trading and financial markets documentation.
• Strong drafting and negotiation skills across derivatives and prime brokerage documentation.

Responsibilities

• Identify and review documentation required for clients to trade securities and derivatives.
• Draft, review and negotiate ISDAs, Prime Brokerage Agreements, Clearing Agreements and related docs.
• Lead negotiations with clients and external counsel to achieve timely execution of agreements.
• Collaborate with Legal, Credit, Risk, Sales and Operations to resolve negotiation points and obtain approvals.
• Monitor regulatory developments and keep internal teams updated.

Skills

Prime Brokerage

ISDA Negotiation

Document Review

Legal Compliance

Client Management

Education

Law Degree

Tools

MS Word

Excel

Job description

Role - Legal Counsel - Prime Brokerage & Clearing Documentation

Location: London (Hybrid)
Contract Type: Fixed Term Contract (FTC)
Duration: Initial 6 Months

Overview:

Delta Capita is seeking a Legal Counsel to support a leading global investment banking client on a 6-month Fixed-Term Contract. This role will focus on the negotiation and execution of derivatives, prime brokerage, clearing, and securities trading documentation, supporting a broad range of institutional client relationships within Global Markets.

The successful candidate will have strong experience negotiating trading documentation, including ISDAs, Prime Brokerage Agreements, Clearing Agreements, and related market documentation. Previous Prime Brokerage and/or Clearing documentation experience is essential for this role.

Key Responsibilities:

1. Identify and review documentation required for clients to trade securities, OTC derivatives, and exchange-traded derivatives.

2. Conduct client due diligence reviews and documentation assessments.

3. Draft, review, and negotiate a wide range of trading and market documentation, including:

   • ISDA Agreements

   • Prime Brokerage Agreements

   • Derivatives Clearing Agreements

   • Master Confirmation Agreements (MCAs)

   • GMSLAs

   • ACAs

   • Related amendments and ancillary documentation

4. Lead negotiations with clients, counterparties, and external counsel to ensure timely execution of legal agreements.

5. Partner closely with internal stakeholders across Legal, Credit, Risk, Sales, and Operations to resolve negotiation points and facilitate approvals.

6. Provide guidance on contractual terms and legal documentation requirements.

7. Monitor market and regulatory developments and share relevant updates internally.

8. Maintain accurate records and update internal tracking systems, databases, and reporting tools.

9. Support documentation-related projects and process improvement initiatives.

Required Experience:

1. Qualified Lawyer, Legal Counsel, or Documentation Specialist with experience gained within:

   • An investment bank

   • Financial institution

   • Law firm with financial markets exposure, or

   • On-site secondment supporting banking clients.

2. Proven experience negotiating trading and financial markets documentation.

3. Strong hands-on experience negotiating Prime Brokerage and/or Clearing Agreements (mandatory).

4. Excellent knowledge of derivatives and securities documentation frameworks.

5. Ability to manage multiple negotiations simultaneously while maintaining high attention to detail.

6. Strong stakeholder management skills with experience interacting with front-office, legal, risk, and credit teams.

Skills Required:

1. Degree in Law, Business Administration, or equivalent relevant qualification.

2. Excellent drafting, negotiation, analytical, and problem-solving skills.

3. Strong communication skills, both written and verbal.

4. Proficient in Microsoft Word and Excel.

5. Comfortable working independently and managing competing priorities.

6. Highly organised, proactive, and detail-oriented.

7. Collaborative approach with the ability to mentor and support colleagues.

Preferred Experience:

1. Experience with listed and OTC derivatives documentation.

2. Additional European language skills such as French, Spanish, Italian, or German would be advantageous, though not essential.

3. Previous experience supporting global markets, prime brokerage, or clearing businesses.

How We Work:

Delta Capita is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, colour, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. If you require any reasonable adjustments through your interview process, please use the designated space within the application questionnaire.

This is a 6-month contract role located in London. As the selection and interview process is ongoing, please submit your application in English as soon as possible, if your profile is selected, a member of our team will contact you within 4 weeks. For this role, a valid working permit for the UK is mandatory.

Who We Are:

Delta Capita Group (a member of the Prytek Group) is a global managed services, consulting, and solutions provider with a unique combination of experience in Financial Services and technology innovation capability. Our mission is to reinvent the financial services value chain providing technology based mutualized services for financial institutions for non-differentiating services.

Our 3 offerings are:

• Managed Services

• Consulting & Solutions

• Technology

To know more about Delta Capita and our culture click here: Working at DC - Delta Capita.