Derivatives Attorney

Mizuho; New York (NY); Hybrid; USD 220,000 - 250,000; Full time

Job summary

Mizuho seeks an experienced negotiator to join our derivatives team and support the Americas Markets Business across Rates, FX, Credit, Latam and Risk Solutions Group, with a focus on corporate and private equity clients. The role covers drafting, negotiating and executing master agreements and related documents, and coordinating with cross-functional teams.

Ideal candidates have a J.D. or equivalent, admission to the New York Bar, and 5+ years in financial services.

Qualifications

• J.D. or equivalent law degree.
• Member in good standing of the New York State Bar.
• 5+ years of relevant legal experience within a financial institution or top-tier law firm.
• Familiarity with other industry master agreement documentation (MRA, GMRA, GMSLA, MSFTA).
• Familiarity with loan linked ISDA terms and associated credit agreements.
• Latin America experience and/or Spanish language skills are a plus.

Responsibilities

• Provide legal coverage for the fixed income sales and trading business, including macro and corporate businesses.
• Draft, negotiate and execute master and collateral agreements and ancillary documentation (IM and VM CSAs, FIA CDEAs, FX MCAs, NDAs) and actively and independently manage negotiations from inception to completion.
• Engage directly with client and partner closely with internal teams and stakeholders such as credit risk, sales and trading business, collateral management, treasury, tax, compliance and client onboarding.
• Review and advise on Dodd Frank Protocols, Uncleared Margin Self-Disclosure Letter, Resolution Stay Protocols and Delegated Reporting Agreements.
• Stay current on industry initiatives and regulatory updates, ownership of capacity and authority checks and conduct due diligence in respect of these negotiations, including netting and collateral enforceability.

Education

J.D. or equivalent law degree

New York State Bar

5+ years of legal experience in financial institutions or top-tier law firms

Familiarity with master agreement documentation (MRA, GMRA, GMSLA, MSFTA)

Spanish language skills / Latin America experience (a plus)

Tools

MRA/GMRA knowledge

MSFTA familiarity

Job description

New York, NY (hybrid)

Mizuho is seeking an experienced negotiator to join our derivatives team to support the Mizuho Americas Markets Business across Rates, FX, Credit, Latam and Risk Solutions Group, predominantly for corporate and private equity clients.

Key Responsibilities

• Provide legal coverage for the fixed income sales and trading business, including macro and corporate businesses.
• Draft, negotiate and execute master and collateral agreements and ancillary documentation (IM and VM CSAs, FIA CDEAs, FX MCAs, NDAs) and actively and independently manage negotiations from inception to completion.
• Engage directly with client and partner closely with internal teams and stakeholders such as credit risk, sales and trading business, collateral management, treasury, tax, compliance and client onboarding.
• Review and advise on Dodd Frank Protocols, Uncleared Margin Self-Disclosure Letter, Resolution Stay Protocols and Delegated Reporting Agreements.
• Stay current on industry initiatives and regulatory updates, ownership of capacity and authority checks and conduct due diligence in respect of these negotiations, including netting and collateral enforceability.

Qualifications

• J.D. or equivalent law degree from an accredited institution.
• Member in good standing of the New York State Bar.
• 5+ years of relevant legal experience within a financial institution or top-tier law firm.
• Familiarity with other industry master agreement documentation (MRA, GMRA, GMSLA, MSFTA).
• Familiarity with loan linked ISDA terms and associated credit agreements.
• Familiarity with industry legal opinions.
• Latin America experience and/or Spanish language skills are a plus.

The expected base salary ranges from $220,000.00 - $250,000.00. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications and licenses obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Other Requirements

Mizuho has in place a hybrid working program, with varying opportunities for remote work depending on the nature of the role, needs of your department, as well as local laws and regulatory obligations. Roles in some of our departments have greater in-office requirements that will be communicated to you as part of the recruitment process.

Company Overview

Mizuho Financial Group, Inc. is the 15th largest bank in the world as measured by total assets of ~$2 trillion. Mizuho's 60,000 employees worldwide offer comprehensive financial services to clients in 35 countries and 800 offices throughout the Americas, EMEA and Asia. Mizuho Americas is a leading provider of corporate and investment banking services to clients in the US, Canada, and Latin America. Through its acquisition of Greenhill , Mizuho provides M&A, restructuring and private capital advisory capabilities across Americas, Europe and Asia. Mizuho Americas employs approximately 3,500 professionals, and its capabilities span corporate and investment banking, capital markets, equity and fixed income sales & trading, derivatives, FX, custody and research. Visit www.mizuhoamericas.com. Mizuho Americas offers a competitive total rewards package. We are an EEO/AA Employer - M/F/Disability/Veteran. We participate in the E-Verify program. We maintain a drug-free workplace and reserve the right to require pre- and post-hire drug testing as permitted by applicable law.