Senior Commodities Legal Counsel – Trading & Regulation

CIBC; New York (NY); On-site; USD 140,000 - 185,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Health Savings Account

Life Insurance

Disability

Other Insurance Plans

Paid Time Off

Holidays

401(k)

Job summary

CIBC is seeking a Commodities Counsel to provide legal and regulatory advice for the bank’s physical and financial commodities trading activities in New York. The role requires structuring transactions, reviewing collateral, and coordinating with compliance, risk, and trading desks across North America and London.

The successful candidate will have a US law degree, NYS Bar admission, 5–7 years of experience at a top law firm or financial institution, and the ability to manage external counsel

Qualifications

• JD from an accredited US law school.
• NY State Bar admission in good standing.
• Experience as counsel in a top law firm, financial institution, commodity trading firm or US regulatory body.

Responsibilities

• Provide day-to-day legal coverage for physical and financial commodities trading
• Draft, review, and negotiate a range of commodity financing and hedging agreements, including loans, leases, prepays, repos, forwards, options and swaps
• Support amendments to existing credit agreements as needed
• Review commodity storage and transportation agreements as needed
• Advise on enforceability risks associated with these agreements
• Advise on CFTC, FERC, and other regulations applicable to commodities trading with Compliance and Risk teams
• Provide time-sensitive legal advice to sales and trading personnel within CIBC’s US Capital Markets commodities business unit
• Analyze licensing and non-disclosure agreements that may be needed in support of the commodities business
• Support new commodity trading initiatives advanced by CIBC’s US Capital Markets commodities business unit in a rapid-paced environment

Skills

Business

Business Contracts

Business Transactions

Communication

Contract Negotiations

Critical Thinking

Decision Making

Documentations

Legal Consulting

Litigation

Strategic Advice

Education

JD from an accredited US law school

New York State Bar admission

Job description

CIBC is seeking a Commodities Counsel to provide legal and regulatory advice for the bank’s physical and financial commodities trading activities in New York. The role requires structuring transactions, reviewing collateral, and coordinating with compliance, risk, and trading desks across North America and London.

The successful candidate will have a US law degree, NYS Bar admission, 5–7 years of experience at a top law firm or financial institution, and the ability to manage external counsel