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MarketAxess · 10 hours ago

Senior Legal Counsel

New York, NY

Contract

Onsite

Mid, Senior Level

$150K/yr - $215K/yr

4+ years exp

MarketAxess is on a journey to digitally transform one of the world’s largest financial markets, enabling the shift from analog, phone-based trading to a fully electronic marketplace. The Senior Counsel will work closely with the Legal & Compliance Department, focusing on commercial contracts and supporting a broad range of commercial matters while modernizing departmental processes through AI and legal technology.

BankingFinanceFinancial Services

Responsibilities

Draft, review, and negotiate a wide range of commercial agreements, including client contracts, market data licenses, platform access agreements, and amendments for new products, customers, and fee plans

Advise internal business teams on and negotiate contracts with a range of vendors and suppliers

Manage high-volume contractual workflow, acting as a gatekeeper and first responder to business queries, and ensuring consistency in legal documentation across departments

Collaborate with client services, finance, product, and marketing teams to ensure compliance and efficiency in legal documentation and processes

Advise on data protection, intellectual property, technology licensing, and privacy issues

Develop and improve contract templates, AI playbooks, and negotiation guidelines to streamline the contracting process

Monitor and analyze legal developments in commercial contracting and the financial services industry, providing practical guidance to stakeholders

Handle a range of matters typical for an in-house legal department, such as negotiating leases, responding to subpoenas, supporting internal investigations, and assisting with transactions and due diligence

Contribute to departmental process improvements and champion the adoption of AI and other legal tech tools

Collaborate with global legal colleagues on cross-border matters

Qualification

JD degreeCommercial agreementsData licensingIn-house legal experienceFinancial services knowledgeTechnology licensingLegal innovation enthusiasmOrganizational skillsCommunication skillsCollaborative team playerAttention to detail

Required

JD degree and admission to practice in New York

4+ years of legal experience, ideally with in-house experience in financial services, fintech, or trading platforms

Extensive experience drafting and negotiating commercial agreements, including technology, licensing, and data contracts

Demonstrated ability to interact directly and effectively with internal business stakeholders and customers

Strong organizational skills, attention to detail, and ability to prioritize proactively in a fast-paced environment

Reliable, responsive, and able to function well independently and as part of a collaborative team

Excellent written and verbal communication skills, with the ability to translate complex legal issues into practical guidance for non-legal colleagues

Enthusiasm for contract drafting, legal innovation, and continuous learning

Intellect to learn the technology of the business and apply it to legal issues

Ability to work independently and collaboratively, balancing legal risk with business objectives

Willingness to do all levels of work in an ‘all hands-on deck' environment

Preferred

Exposure to data licensing, trading platform agreements, and SaaS contracts strongly preferred

Knowledge of broker dealer law a plus

Familiarity with, and willingness to utilize, AI tools and modernize legal processes

Benefits

Free Food: We provide free lunch for employees when they are working in the office. Plus, our offices are stocked with snacks.

Paid Time Off: Competitive PTO package including vacation and personal days, sick leave and charity days

Generous Parental Leave: Up to 20 weeks fully paid leave

401(k): Dollar-for-dollar employer match up to $17,500

Employee Stock Purchase Plan: Employees can purchase MarketAxess common stock at a discount

Wellness Stipend: We provide employees with up to $1K annually towards gym memberships, home office equipment and more

Onsite Healthcare: We offer convenient access to world-class care through Mount Sinai at our Hudson Yards location

Tuition Assistance and Professional Development: Benefit from live and on-demand learning, role-specific training, employee-led Lunch and Learns and guest speakers

Core benefits: Highly competitive medical, dental, and vision programs