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Marsh McLennan · 1 day ago

Lead Counsel, Trading and Derivatives, US & Canada

New York, NY

Full-time

Hybrid

Senior Level

$132K/yr - $264K/yr

5+ years exp

Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries. The Lead Counsel for Trading and Derivatives will provide expert legal advice on trading activities and derivatives transactions, ensuring compliance and managing legal risks associated with these operations.

Financial ServicesProfessional ServicesService Industry

Responsibilities

Provide legal advice and support on trading activities and derivatives transactions, including OTC derivatives, exchange-traded derivatives, swaps, options, futures, and similar instruments

Draft, review, negotiate, and manage derivatives and trading documentation such as ISDA Master Agreements, Global Master Repurchase Agreements (GMRAs), Credit Support Annexes (CSAs), clearing agreements, Cleared Derivatives Execution Agreements, futures & options trading arrangements and other related contracts

Advise on regulatory and compliance matters related to derivatives and trading activities, including relevant US and Canadian Securities and Commodities Laws and regulations, Dodd-Frank, EMIR, and other relevant regulations

Collaborate with trading, investment, risk, compliance, and operations teams to identify and mitigate legal risks in trading strategies and product development

Monitor and interpret changes in laws and regulations affecting derivatives and trading, and communicate implications to relevant business units

Assist in the development and implementation of internal policies, procedures, and controls related to derivatives and trading

Provide training and guidance to internal teams on legal and regulatory issues in derivatives and trading

Liaise with external counsel, regulators, and industry bodies as necessary

Qualification

JD from accredited law schoolDrafting ISDA Master AgreementsRegulatory frameworksAnalytical skillsERISANegotiation skillsCommunication skillsInterpersonal skills

Required

JD from a US accredited law school and license to practice, in good standing, in at least one of the fifty states

Minimum of 5 years of experience advising on derivatives, trading, and financial products, at a law firm, regulator or SRO, or in-house legal department of a financial institution

Preferred

Strong knowledge of derivatives markets, trading practices, and relevant regulatory frameworks

Proven experience drafting and negotiating ISDA Master Agreements and GMRAs and related documentation

Excellent analytical, drafting, and negotiation skills

Ability to work effectively in a fast-paced, dynamic environment and manage multiple priorities

Strong communication and interpersonal skills, with the ability to explain complex legal concepts to non-legal stakeholders

Familiarity with the Employee Retirement Income Security Act (ERISA)

Benefits

Health and welfare benefits

Tuition assistance

401K savings and other retirement programs

Employee assistance programs

Company

Marsh McLennan

Glassdoor4.0

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.

Founded in 1871

New York, New York, USA

10001+ employees