Legal Counsel - Qualified Lawyer with UK & US Regulatory and Contracts Experience

S&P Global Inc.; Camden Town; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm is seeking a Legal Counsel to support its Optimisation Legal Division. This role focuses on regulatory compliance and management of contracts across various jurisdictions. Ideal candidates will be qualified lawyers with 3-4 years of experience in financial services, demonstrating strong communication skills and an ability to work in a dynamic team environment.

Benefits

Health and wellness coverage

Generous time off

Continuous learning opportunities

Retirement and education programs

Family-friendly perks

Qualifications

• 3-4 years' experience in a legal function at a regulated financial services firm.
• Experience handling regulatory matters in the UK and US.
• Experience in drafting and negotiating contracts.

Responsibilities

• Provide timely legal advice to the sales, product, and business management teams.
• Manage regulatory matters for APAC, EU, UK and US.
• Draft and negotiate various types of contracts.

Skills

Service minded

Strong verbal and written communication

Excellent organisational skills

Education

Qualified lawyer in the UK and/or US

Job description

Overview

Legal Counsel - Qualified Lawyer with UK & US Regulatory and Contracts Experience. This role supports the Optimisation Legal Division on regulatory matters, contracts, new initiatives and projects, and other generalist legal matters. You will be a key partner to the Legal, Risk and Compliance (LRC) function and to the broader organisation. The team operates globally to help achieve maximum results and manages risk and operations for global capital markets.

What’s In It For You

You will work in a dynamic, global, matrixed team that provides crucial support to OSTTRA. There will be multiple opportunities to develop your skills and grow in your role. This role reports to the Head of Legal & Regulatory for Optimisation, based in Stockholm.

Responsibilities

• Serve as a key member of the Optimisation legal team and provide timely, commercially driven advice to the sales, product and business management teams within the Optimisation Division.
• Manage regulatory matters for our business lines, including:
• Day-to-day regulatory matters for APAC, EU, UK and the US;
• Collaborate with product and business management teams and external counsel (where appropriate) to assess the suitability of new product offerings and functionalities and provide advice on and solutions to legal and regulatory risks;
• Prepare licensing applications and/or correspondences to regulators in consultation with internal stakeholders and external counsel;
• Monitor and implement new regulatory developments, working cross-functionally to achieve compliance (including risk, technology and finance);
• Refresh legal advice periodically and maintain an up-to-date tracker and repository of all legal advice obtained;
• File notifications and submissions with regulatory authorities within prescribed deadlines;
• Work with internal or external auditors to collate and provide required information for regulatory audits;
• Review events and collateral for sales and marketing purposes; and
• Draft and/or review responses to regulatory consultations.

• Manage contracts for our business lines, including:
• Draft and negotiate client contracts, information security addendums, service contracts, CCP contracts, licensing and data contracts, confidentiality contracts, intragroup agreements and other commercial contracts;
• Draft new contracts or update existing contracts to provision for new products or functionalities and/or to safeguard against new risks;
• Draft fee letters for bespoke fee arrangements;
• Develop and update contracts in response to changing market practices;
• Develop and maintain playbooks and sales guidance; and
• Be proactive and open to feedback on improving and simplifying contracts and contracting approaches.

Collaborate with other members of the Legal, Risk & Compliance function based in London, Stockholm, India, Penang, New York and Israel on topical or jurisdictional matters. Assist with other generalist legal work within the division or the wider organisation.

Qualifications

• A qualified lawyer in the UK and/or US.
• 3-4 years' experience in a legal function at a regulated financial services firm (preferably a bank, brokerage, exchange or trading venue) or as a financial services lawyer at a law firm.
• Experience handling regulatory matters in the UK and US, with some experience drafting and negotiating contracts.

Skills

• Service minded, solutions focused and responsive to the needs of the business.
• Able to turnaround work quickly and accurately within agreed deadlines.
• Able to manage client and business expectations without significantly increasing legal and regulatory risks.
• Able to learn quickly and work effectively with changing priorities.
• Strong verbal and written communication and language competency.
• Able to work independently and exercise discretion when escalating issues.
• Excellent organisational skills and attention to detail.

About OSTTRA

OSTTRA is a market leader in derivatives post-trade processing, providing a suite of services to streamline post-trade workflows and manage risk. OSTTRA was formed in 2021 from MarkitServ, Traiana, TriOptima and Reset and is jointly owned by S&P Global and CME Group. Successful candidates will be interviewed and directly employed by OSTTRA, joining a global team of post-trade experts.

We take care of you so you can take care of business. Our benefits include health and wellness coverage, generous time off, continuous learning opportunities, retirement and education programs, family-friendly perks and additional benefits.

EEO: If you need an accommodation during the application process due to a disability, please email [e-mail] and your request will be forwarded to the appropriate person. Pay Transparency and nondiscrimination information can be found as required by law.