Senior Global Markets Legal Counsel

IMC Trading; New York (NY); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Discretionary bonus

Benefits: paid leave and insurance

Job summary

IMC Trading is seeking a seasoned Legal Counsel to support all business lines including trading across equities, ETFs and derivatives. You will provide strategic legal advice, negotiate prime brokerage and OTC derivatives documents, and ensure regulatory compliance for US and cross-border activities.

You will collaborate with Risk, Treasury and business teams to translate complex regulatory concepts into actionable guidance, handling sensitive information with discretion and integrity.

Qualifications

• 8+ years of legal experience; in-house experience at a large, complex organization.
• Strong background in both private practice and in-house environments, ideally within leading buy-side financial institutions, asset managers, or trading firms.
• Sound understanding of OTC derivatives, including ISDA Master Agreements, Securities Lending Documentation, and related regulatory frameworks.
• Proven track record managing large-scale, cross-functional projects from initiation through completion.
• Strong business acumen and ability to translate complex legal issues into clear, actionable guidance for senior stakeholders.
• Exceptional written and verbal communication skills.
• D. from an accredited law school; active bar membership required.

Responsibilities

• Provide legal advice across the US and London / EUR markets across a wide array of asset classes and topics, including prime brokerage arrangements, give-up agreements, securities lending, netting and collateral, capital and liquidity requirements, custody and clearing relationships, and reporting.
• Lead negotiations across all prime brokerage and OTC derivatives documentation including ISDA Master Agreements, Credit Support Annexes, and securities lending and repurchase documentation, as well as banking deposit agreements, account control agreements, letters of credit agreements, etc.
• Advise on regulatory compliance and implementation of key regulatory projects such as transaction reporting, clearing, and margin requirements, on cash equities, fixed income, options, futures, and derivatives
• Collaborate with Risk, Treasury, and business support, helping internal teams understand regulatory requirements and implementation impacts

Skills

OTC derivatives knowledge

ISDA Master Agreements

Regulatory compliance knowledge

In-house experience

Contract negotiation

Education

Juris Doctor (JD)

Job description

IMC Trading is seeking a seasoned Legal Counsel to support all business lines including trading across equities, ETFs and derivatives. You will provide strategic legal advice, negotiate prime brokerage and OTC derivatives documents, and ensure regulatory compliance for US and cross-border activities.

You will collaborate with Risk, Treasury and business teams to translate complex regulatory concepts into actionable guidance, handling sensitive information with discretion and integrity.