Senior Counsel, Fixed Income Derivatives & Regulation

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

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