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Legal Counsel

  • Full Time
  • London

Website ISDA International Swaps and Derivatives Association, Inc (ISDA)

Job Title: Counsel
Reports to: Assistant General Counsel & Director (Global Opinions & Policy)
Location: London

Job purpose

Exceptional role for a Counsel to join a growing Legal function. The Counsel will work closely with the Assistant General Counsel & Director (Global Opinions & Policy) and primarily assist with ISDA’s growing library of legal opinions to support members’ global operations. The Counsel will also be involved in ISDA’s emerging markets and law reform work related to the legal and regulatory development of derivatives markets in new jurisdictions. In addition to the work on legal opinions, the Counsel will work with other members of the legal team to review and negotiate general commercial contracts such as online services terms and NDAs. The candidate should be capable of managing and reviewing a large number of documentation efficiently, keeping abreast of developments in multiple jurisdictions and working in a fast-paced, autonomous environment.


Duties and responsibilities

  • Reviewing netting, collateral, clearing and other legal opinions
  • Liaising with external opinions counsel in many jurisdictions
  • Staying abreast of relevant legal, regulatory and market developments
  • Liaising with members and dealing with member queries
  • Assisting colleagues in legal with emerging markets work and initiatives, including papers and consultations
  • Reviewing corporate contracts with vendors, contractors or other entities which provide services to ISDA
  • Negotiating ISDA’s terms and conditions and other onboarding documentation for its online services, non-disclosure agreements and intellectual property licenses
  • Providing general support to colleagues in the legal department
  • Collaborating with other ISDA staff

Qualifications & Experience

  • Qualified Lawyer, 1 – 3 years PQE
  • Could be from a law firm, financial institution, or other market participant

Relevant Skills / Abilities

  • Experience with derivatives documentation (in particular the ISDA Master Agreement, credit support documentation and clearing documentation) and related legal issues (netting, collateral, enforceability, insolvency etc.) desired
  • Strong organisational skills and attention to detail is required
  • Ability to review potentially complex documentation and pull out salient features
  • Experience with drafting and/or reviewing legal opinions is preferred
  • Experience with other forms of financial market agreements or regulation would be an advantage
  • Experience with other areas of finance, especially capital markets, would be useful
  • Strong communication, presentation, and public speaking skills

About ISDA

Since 1985, ISDA has worked to make the global derivatives markets safer and more efficient. Today, ISDA has more than 980 member institutions from 78 countries. These members comprise a broad range of derivatives market participants, including corporations, investment managers, government and supranational entities, insurance companies, energy and commodities firms, and international and regional banks. In addition to market participants, members also include key components of the derivatives market infrastructure, such as exchanges, intermediaries, clearing houses and repositories, as well as law firms, accounting firms and other service providers. Information about ISDA and its activities is available on the Association’s website: . Follow us on Twitter @ISDA.



ISDA offers a great work environment, with competitive salaries and excellent benefits.

  • Retirement – 10% Non-Contributory
  • Life, disability, and accident insurance
  • Healthcare – medical (Cigna)
  • 27 days holiday per year
  • Maternity, paternity, and shared parental leave
  • Education – ISDA offers a yearly training calendar across all offices
  • Flexible working policy
  • Season ticket loan available
  • Bike to Work scheme

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