Director Fixed Income Derivatives Legal Counsel

Madison-Davis, LLC; New York (NY); On-site; USD 180,000 - 280,000; Full time

Job summary

Madison-Davis, LLC seeks an experienced derivatives attorney to support its U.S. Fixed income markets business.

The senior role advises trading, structuring, and sales teams across Rates, FX, and related risk-management activities, providing practical commercial guidance and acting as a trusted legal partner to the business. The attorney will analyze complex issues, draft and negotiate documentation, monitor regulatory developments, and collaborate with Compliance, Risk, Operations, and external

Qualifications

• J.D. Or equivalent legal qualification.
• Minimum of 7 years of post-qualification legal experience.
• Significant experience advising on relevant transactions at a law firm and/or working within the legal department of an investment bank or comparable financial institution.
• Deep knowledge of fixed income markets, including both derivatives and cash products.
• Strong experience supporting Rates, FX, or closely related trading businesses.
• Advanced knowledge of the legal and regulatory framework governing U.S. Financial markets, including U.S. Securities laws and regulatory reforms affecting derivatives and trading activities.
• Demonstrated experience analyzing, structuring, and documenting sophisticated financial transactions.
• Ability to identify legal and regulatory issues quickly and provide commercially practical solutions.
• Excellent drafting, negotiation, analytical, and communication skills.
• Comfortable advising and influencing senior business leaders and working directly with sophisticated clients, counterparties, and external counsel.
• Strong judgment and ability to operate independently on complex, high-impact matters.

Responsibilities

• Advise fixed income sales, trading, and structuring businesses on legal and regulatory matters involving derivatives and cash products.
• Counsel business leaders on transaction structures, new initiatives, product development, and complex or sensitive legal issues.
• Draft, negotiate, review, and maintain agreements and other documentation supporting fixed income markets activities.
• Interpret U.S. Securities, derivatives, and financial markets regulations and translate requirements into practical guidance for the business.
• Monitor regulatory developments affecting Rates, FX, derivatives, and related markets and advise stakeholders on required changes.
• Identify potential legal and regulatory risks, recommend solutions, and elevate significant matters when appropriate.
• Partner with Compliance, Risk, Operations, and other control functions to ensure legal requirements are appropriately incorporated into policies, procedures, and controls.
• Provide legal support relating to regulatory inquiries, investigations, disputes, arbitration, or litigation involving markets activities.
• Develop and deliver training on relevant legal, regulatory, and policy requirements.
• Build strong relationships with senior internal stakeholders, clients, counterparties, and external counsel.
• Contribute to broader legal strategy, regulatory change initiatives, and improvements to the legal and control framework supporting the markets business.

Skills

Derivatives regulation

Legal analysis

Contract drafting

Negotiation

Cross-functional collaboration

Regulatory compliance

Education

J.D. or equivalent

Job description

A leading global financial institution is seeking an experienced derivatives attorney to support its U.S. Fixed income markets business. This senior role will advise trading, structuring, and sales teams across Rates, FX, and related risk-management and structured solutions activities. The attorney will work closely with senior business leaders on sophisticated transactions, new products, regulatory developments, and day-to-day legal matters affecting fixed income trading. The role requires someone who can independently analyze complex issues, provide practical commercial advice, and serve as a trusted legal partner to the business.

RESPONSIBILITIES

• Advise fixed income sales, trading, and structuring businesses on legal and regulatory matters involving derivatives and cash products.
• Counsel business leaders on transaction structures, new initiatives, product development, and complex or sensitive legal issues.
• Draft, negotiate, review, and maintain agreements and other documentation supporting fixed income markets activities.
• Interpret U.S. Securities, derivatives, and financial markets regulations and translate requirements into practical guidance for the business.
• Monitor regulatory developments affecting Rates, FX, derivatives, and related markets and advise stakeholders on required changes.
• Identify potential legal and regulatory risks, recommend solutions, and elevate significant matters when appropriate.
• Partner with Compliance, Risk, Operations, and other control functions to ensure legal requirements are appropriately incorporated into policies, procedures, and controls.
• Provide legal support relating to regulatory inquiries, investigations, disputes, arbitration, or litigation involving markets activities.
• Develop and deliver training on relevant legal, regulatory, and policy requirements.
• Build strong relationships with senior internal stakeholders, clients, counterparties, and external counsel.
• Contribute to broader legal strategy, regulatory change initiatives, and improvements to the legal and control framework supporting the markets business.

QUALIFICATIONS

• J.D. Or equivalent legal qualification.
• Minimum of 7 years of post-qualification legal experience.
• Significant experience advising on relevant transactions at a law firm and/or working within the legal department of an investment bank or comparable financial institution.
• Deep knowledge of fixed income markets, including both derivatives and cash products.
• Strong experience supporting Rates, FX, or closely related trading businesses.
• Advanced knowledge of the legal and regulatory framework governing U.S. Financial markets, including U.S. Securities laws and regulatory reforms affecting derivatives and trading activities.
• Demonstrated experience analyzing, structuring, and documenting sophisticated financial transactions.
• Ability to identify legal and regulatory issues quickly and provide commercially practical solutions.
• Excellent drafting, negotiation, analytical, and communication skills.
• Comfortable advising and influencing senior business leaders and working directly with sophisticated clients, counterparties, and external counsel.
• Strong judgment and ability to operate independently on complex, high-impact matters.