Derivatives Associate

Sidley Austin LLP; Village of Pelham (NY); On-site; USD 180,000 - 250,000; Full time

Job summary

Sidley Austin LLP seeks a derivatives attorney to handle transactional and regulatory matters, negotiating ISDA Master Agreements, CSAs, and complex derivatives in financings, acquisitions, and capital markets from its New York office.

The role includes advising on Dodd-Frank, CFTC rules, and margin requirements, with a focus on bespoke hedging and risk transfer. Buy-side experience preferred; dealer-side candidates welcome. Strong drafting and negotiation skills required.

Qualifications

• Negotiating ISDA Master Agreements, Credit Support Annexes, and other derivatives documentation.
• Experience with prime brokerage, repurchase, securities lending, futures, clearing, custody or related trading arrangements.
• Experience structuring and documenting derivatives across asset classes (equity, credit, rates, FX, commodities).
• Advising on derivatives regulatory matters including Dodd-Frank, CFTC rules and margin requirements.

Responsibilities

• Advise on transactional and regulatory derivatives matters.
• Negotiate and document complex derivatives transactions in financings, acquisitions, and capital markets.
• Counsel on trading relationships, margin rules, and collateral arrangements.
• Represent buy-side participants or dealers in derivatives matters, as appropriate.

Skills

ISDA documentation negotiations

Derivatives trading knowledge

Regulatory compliance

Financial markets knowledge

Job description

Overview

• The position focuses on transactional and regulatory matters involving derivatives and related trading relationships, encompassing day-to-day documentation and complex derivatives transactions in connection with financings, acquisitions, capital markets, credit risk transfer, and other strategic or structured transactions.
• Required experience includes negotiating ISDA Master Agreements, Credit Support Annexes, and other derivatives documentation.
• Required experience also includes prime brokerage, repurchase, securities lending, futures, clearing, custody, or related trading arrangements.
• Experience in structuring and documenting equity, credit, interest rate, foreign exchange, commodity, or other derivatives transactions, including bespoke hedging and risk transfer transactions, is required.
• Advising on derivatives regulatory matters, including Dodd-Frank, CFTC requirements, and margin rules, is also a required area of experience.
• Experience representing investment managers, private funds, corporate end users, or other buy-side market participants is preferred, though candidates with significant dealer-side or in-house derivatives experience are also encouraged.