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You will be updated with latest job alerts via emailLegal Counsel Qualified Lawyer with UK & US Regulatory and Contracts Experience
Job Description
The Team
In this role you will support the Optimisation Legal Division on regulatory matters contracts new initiatives and projects and other generalist legal matters. You will be a key partner to the Legal Risk and Compliance (LRC) function as well as to the broader organisation. We are a highly trusted and dynamic team that works in close partnership with the business to help achieve maximum results.
The Impact
Together we build support protect and manage high performance resilient platforms. Our services are vital to financial institutions around the global managing peak volumes and working with customers and regulators to ensure the efficient management of risk and effective operation of global capital markets.
Whats In It For You
You will have the opportunity to work in a dynamic environment and be part of a global highly matrixed team that provides crucial support to OSTTRA. There will be multiple opportunities for you to develop your skills and grow in your role.
This role reports into the Head of Legal & Regulatory for Optimisation based in Stockholm.
Responsibilities
Serve as a key member of the Optimisation legal team and provide timely and commercially driven advice to the sales product and business management teams within the Optimisation Division.
Manage regulatory matters for our business lines including:
Day-to-day regulatory matters for APAC EU UK and the US;
Work with our product and business management teams and external counsel (where appropriate) to assess the suitability of new product offerings and functionalities and provide advice on and solutions to legal and regulatory risks;
Prepare licensing applications and/or correspondences to regulators in consultation with internal stakeholders and external counsel;
Monitor and implement new regulatory developments including working cross functionally to achieve compliance inclrisk technology and finance;
Refresh legal advice periodically and maintain an up-to-date tracker and repository of all legal advice obtained;
File notifications and submissions with regulatory authorities within the prescribed deadlines;
Work with internal or external auditors to collate and provide the required information for regulatory audits;
Review events and collateral for sales and marketing purposes; and
Draft and/or review responses to regulatory consultations.
Manage contracts for our business lines including:
Draft and negotiate client contracts information security addendums service contracts CCP contracts licensing and data contracts confidentiality contracts intragroup agreements and other commercial contracts;
Draft new contracts or update existing contracts to provision for new products or functionalities and/or to safeguard against new risks;
Draft fee letters for bespoke fee arrangements;
Develop and update contracts in response to changing market practices;
Develop and maintain playbooks and sales guidance; and
Proactive and open to feedback where improving and simplifying contracts and contracting approach are concerned.
4) Working collaboratively with other members within the Legal Risk & Compliance function based in London Stockholm India Penang New York and Israel on topical or jurisdictional matters.
5) Assist with other generalist legal work within the division or within the wider organisation.
Basic Qualifications
What Were Looking For:
Qualifications & Experience
A qualified lawyer in the UK and/or US.
3-4 years experience in a legal function at a regulated financial services firm (preferably a bank brokerage house exchange and trading venue) or as a financial services lawyer at a law firm.
Have experience handling regulatory matters in the UK and US as well as some experience in drafting and negotiating contracts.
Skills
Service minded solutions focused and responsive to the needs of the business.
Able to turnaround work quickly and accurately within agreed deadlines.
Able to manage client and business expectations without significantly increasing legal and regulatory risks.
Able to learn quickly and work effectively in line with changing priorities.
Strong verbal/written communication and language competancy.
Able to work independently and exercise discretion when escalating issues.
Excellent organisational skills and attention to detail.
About Company:
OSTTRAis a market leader inderivatives post-trade processing bringing innovation expertise processes and networks together to solve the post-trade challenges of global financial markets. OSTTRA operates cross-asset post-trade processing networksprovidinga proven suite of Credit Risk Trade Workflow and Optimisation these solutions streamline post-trade workflows enabling firms to connect to counterparties and utilities manage credit risk reduce operationalrisk andoptimiseprocessingtodrive post-trade efficiencies.
OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20 years: MarkitServ Traiana TriOptima and Reset. These businesses have an exemplary track record of developing and supporting critical market infrastructure and bring together an established community of market participants comprisingall trading relationships and paradigms connectedusingpowerful integration and transformation capabilities.
Candidates should note that OSTTRAis an independentfirm jointly owned by S&P Global and CME Group. As part of the joint venture S&P Global providesrecruitmentservices to OSTTRA - however successful candidates will be interviewed and directly employed by OSTTRA joiningour global team of more than 1200 posttrade experts.
About OSTTRA
Candidates should note that OSTTRAis an independentfirm jointly owned by S&P Global and CME Group. As part of the joint venture S&P Global providesrecruitmentservices to OSTTRA - however successful candidates will be interviewed and directly employed by OSTTRA joiningour global team of more than 1200 posttrade experts.
OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20 years: MarkitServ Traiana TriOptima and Reset. OSTTRA is a joint venture owned 50/50 by S&P Global and CME Group.
With an outstanding track record of developing and supporting critical market infrastructure our combined network connects thousands of market participants to streamline end to end workflows -from trade capture at the point of execution through portfolio optimization to clearing and settlement.
Joining the OSTTRA team is a unique opportunity to help build a bold new business with an outstanding heritage in financial technology playing a central role in supporting global financial markets.
Learn more at.
Whats In It For You
Benefits:
We take care of you so you cantake care of business. We care about our people. Thats why we provide everything youand your careerneed to thrive at S&P Global.
Our benefits include:
Health & Wellness: Health care coverage designed for the mind and body.
Flexible Downtime: Generous time off helps keep you energized for your time on.
Continuous Learning: Access a wealth of resources to grow your career and learn valuable new skills.
Invest in Your Future: Secure your financial future through competitive pay retirement planning a continuing education program with a company-matched student loan contribution and financial wellness programs.
Family Friendly Perks: Its not just about you. S&P Global has perks for your partners and little ones too with some best-in class benefits for families.
Beyond the Basics: From retail discounts to referral incentive awardssmall perks can make a big difference.
For more information on benefits by country visit: Fraud Alert:
If you receive an email from a domain or any other regionally based domains it is a scam and should be reported to. S&P Global never requires any candidate to pay money for job applications interviews offer letters pre-employment training or for equipment/delivery of equipment. Stay informed and protect yourself from recruitment fraud by reviewing our guidelines fraudulent domains and how to report suspicious activityhere.
Equal Opportunity Employer
S&P Global is an equal opportunity employer and all qualified candidates will receive consideration for employment without regard to race/ethnicity color religion sex sexual orientation gender identity national origin age disability marital status military veteran status unemployment status or any other status protected by law. Only electronic job submissions will be considered for employment.
If you need an accommodation during the application process due to a disability please send an email to:and your request will be forwarded to the appropriate person.
US Candidates Only:The EEO is the Law Poster discrimination protections under federal law. Pay Transparency Nondiscrimination Provision - - Professional (EEO-2 Job Categories-United States of America) BSMGMT203 - Entry Professional (EEO Job Group)
Full-Time