Securities & Prime Brokerage Counsel

Axiom; New York (NY); On-site; USD 105,000 - 325,000; Full time

Benefits offered by this job

Health insurance

Dental plan

Vision insurance

Paid holidays

PTO

Flexible work arrangements

Professional development opportunities

Job summary

Axiom seeks a Securities & Prime Brokerage Counsel to support financial-services clients on complex securities trading, financing, and regulatory matters. The role requires hands-on experience with prime brokerage, margin lending, trading agreements, and related rules.

Ideal candidates have documented experience applying margin rules in transactional or advisory work, and familiarity with fixed income and synthetic prime brokerage agreements.

Qualifications

• 5+ years in securities, prime brokerage, broker-dealer regulation, securities financing, derivatives or related financial-services practices.
• Hands-on experience advising on prime brokerage and margin lending, including margin-rule developments.
• Strong experience with multi-asset trading documentation (swaps, options, futures, equities, fixed income).
• Knowledge of FINRA Rule 4210, Regulation T, Regulation U and related margin/credit requirements.
• Experience in securities law and underwriting under the Securities Act of 1933 and the Securities Exchange Act of 1934.

Responsibilities

• Advise clients on prime brokerage, securities financing, margin lending, and trading matters.
• Draft, review, negotiate, and interpret prime brokerage agreements and related trading documentation.
• Advise on margin and credit requirements and regulatory updates.
• Support trading agreements across asset classes including swaps, options, futures, equities, and fixed income.
• Provide guidance on securities underwriting and compliance under the Securities Act of 1933 and the Securities Exchange Act of 1934.
• Collaborate with business, risk, credit, compliance, operations and legal teams to manage risk.
• Interact with prime brokerage counterparties such as hedge funds and trading firms.

Skills

Securities & Prime Brokerage

Regulatory compliance

Negotiation & drafting

Cross-functional teamwork

FINRA & Rule knowledge

Education

Juris Doctor (JD)

Job description

We are seeking a Securities & Prime Brokerage Counsel to support financial-services clients on sophisticated securities trading, financing, and regulatory matters. This role is ideal for an attorney with hands-on experience advising on prime brokerage, margin lending, securities trading agreements, and related regulatory requirements.

We are particularly interested in attorneys with clearly documented experience applying new or updated margin rules in transactional or advisory work. Experience supporting fixed income and synthetic prime brokerage agreements is highly valued.

Join Our Team as an Attorney at Axiom

We are seeking a Securities & Prime Brokerage Counsel to support financial-services clients on sophisticated securities trading, financing, and regulatory matters. This role is ideal for an attorney with hands-on experience advising on prime brokerage, margin lending, securities trading agreements, and related regulatory requirements.

We are particularly interested in attorneys with clearly documented experience applying new or updated margin rules in transactional or advisory work. Experience supporting fixed income and synthetic prime brokerage agreements is highly valued.

Responsibilities:

• Advising clients on prime brokerage, securities financing, margin lending, and securities-trading matters.
• Drafting, reviewing, negotiating, and interpreting prime brokerage agreements, fixed income prime brokerage agreements, synthetic prime brokerage agreements, and related trading documentation.
• Advising on margin and credit requirements, including FINRA Rule 4210, Regulation T, Regulation U, and recent regulatory updates.
• Supporting securities trading agreements across asset classes, including swaps, options, futures, equities, and fixed income instruments.
• Providing legal and regulatory guidance on securities underwriting and compliance under the Securities Act of 1933 and the Securities Exchange Act of 1934.
• Partnering with business, risk, credit, compliance, operations, and legal stakeholders to identify and manage transactional and regulatory risk.
• Working directly with prime brokerage counterparties, including hedge funds, trading firms, and other institutional clients.

Qualifications:

• 5+ years of experience in securities, prime brokerage, broker-dealer regulation, securities financing, derivatives, or related financial-services practices.
• Demonstrated, hands-on experience advising on prime brokerage and margin lending, including current or recent margin-rule developments.
• Strong experience with securities trading documentation involving multiple asset classes, including swaps, options, futures, equities, and/or fixed income products.
• Working knowledge of FINRA Rule 4210, Regulation T, Regulation U, and related margin and credit requirements.
• Experience advising on securities law and underwriting matters under the Securities Act of 1933 and the Securities Exchange Act of 1934.
• Excellent drafting, negotiation, communication, technology, and problem-solving skills.
• Juris Doctor (JD) degree and active bar admission in an applicable U.S. jurisdiction.

Compensation:

The estimated total compensation for full-time Axiom attorney roles is $104,500-325,000 per year and for non-attorney roles is $71,250-309,750 per year. Compensation decisions are based on various factors, including, but not limited to, experience, skills, certifications, location, and business needs. Employees may be eligible for additional benefits, including health, dental, and vision insurance; paid holidays and PTO; flexible work arrangements; and professional development opportunities and tools.

About Axiom:

For over 25 years, Axiom has pioneered the alternative legal services industry, now serving more than 1,500 legal departments globally with our unique blend of world-class legal talent and advanced AI tools, delivering innovative solutions ranging from that combine top-tier talent with cutting-edge technology. We tackle complex legal matters across 12 practice areas for clients ranging from Fortune 100 to SMBs, empowering our legal professionals to engage in meaningful work that advances their careers. Our Talent NPS score of +71% and our Client NPS score of +64% highlight our commitment to excellence (Reported scores were Axiom's average for 2025 - the legal industry average NPS score is +35%). Join our forward-thinking community where you'll keep your career dynamic and multi-faceted, be part of a company that values agility, collaboration, and excellence, and love both the law and your life.

Learn more about life at Axiom

Axiom is the global leader in high-caliber, on-demand legal talent. Covering North America, the UK, Europe, and APAC, we enable legal departments to drive efficiency and growth and meet the demands of today’s business landscape with best inclass alterative legal services.

Diversityis core to our values and we are proud to be an equal opportunity employer. Axiom ensures equal employment opportunity in recruitment and employment, without discrimination or harassment on the basis of race, color, nationality, national or ethnic origin, religious creed or belief, political opinion, sex, gender, gender identity, gender identity status, pregnancy or maternity, age, disability, alienage or citizenship status, marital (or civil or other partnership recognized by law) status, genetic predisposition or carrier status, sexual orientation, military service, or any other characteristic protected by applicable law. Axiom prohibits and will not tolerate any such discrimination or harassment.

Upon request and consistent with applicable laws, Axiom will provide reasonable accommodations for individuals with disabilities who require accommodations to participate in each stage of the recruitment process. To request an accommodation, please [e-mail].

Axiom respects your privacy. For an explanation of the kind of information we collect about you and how it is used, our full data privacy notice is availablehere.

Employment with Axiom may be contingent upon successful completion of a background check, providing proof of identity, and possessing the necessary legal authorization to work. Pursuant to the San Francisco Fair Chance Ordinance, NY Fair Chance Act, and Los Angeles Fair Chance Initiative, we will consider for employment qualified applicants with arrest and conviction records.