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Macfarlanes
,
London, Greater London
Derivatives and trading solicitor 2 to 4 years' PQE
Overview
Job Description
Macfarlanes is looking to recruit a solicitor with two to four years' UK post-qualification experience to join our derivatives and trading group. About Macfarlanes We are an independent London-based law firm with a high profile client base from around the world. We are known for the quality of our work, both in terms of our ability to handle the full range of corporate and commercial matters, and the fact that we can advise our clients on their private affairs. We handle work of the highest quality and complexity on a wide range of matters. Our size and partner-led approach enable us to give our clients a more personal service underpinned by the highest standards of commitment and care. As well as that, our independence allows us to choose precisely the right lawyer or firm for our clients' needs in any jurisdiction in the world. What this means for you Offering a partner-led service enables our solicitors to learn and develop through working closely with a senior member of the team. Our size means that you will often be very close to the front line, gaining a greater insight into the issues facing our clients. You might be surprised at just how significant your contribution is. We expect all our solicitors to work closely with clients and assume real responsibility, as well as to participate in client and business development activities. That means wider exposure for you. Our matters often have a cross-border element, so our solicitors frequently liaise with global businesses and specialists in overseas jurisdictions. The importance we place on the development of our associates' legal and commercial skills has allowed us to develop the excellent reputation we have for producing strong lawyers - we believe our education and training programme is second to none. We all work together as part of a cohesive and supportive team, with the firm recognising, appreciating and rewarding the efforts of its employees. Practice overview Our derivatives and trading practice consists of two partners, one FX & derivatives negotiator, 10 solicitors, two trainee solicitors and five paralegals. The group represent hedge funds, corporate treasuries, financial institutions, managed account platforms, asset managers and high-net-worth individuals in structuring, negotiating and executing complex and bespoke derivative instruments. Our team works alongside our specialist lawyers in financial services, regulatory, capital markets, tax and dispute resolution and is able to advise on both the day-to-day trading requirements of our clients, and the most complex derivative and structured product transactions in both transactional and contentious roles. The team prides itself on not only knowing the legal issues inside out, across a broad spectrum of standard form and bespoke documents, but also on understanding the strategies, risks and operational issues that affect the clients. Our team advise on a wide range of products including repos, stock loans and all kinds of derivative, covering interest rate, fixed income, currency, commodity, equity, credit, basket and index underliers. The team routinely advises on matters such as, prime brokerage and clearing, and issues around rehypothecation and segregation, custody and collateral, securities lending and margin financing matters, repos, structured products, exchange traded derivatives, central clearing including OTC clearing under Dodd-Frank and EMIR, cash equities and cash bond trading under broker terms of business and electronic trading arrangements. Our client base is also global; we act for managers in the UK, the US, Europe and the Far East (with a particular concentration of clients in Hong Kong) and we have daily experience negotiating for these clients with the international offices of the leading US, Asian and European banks and broker dealers. The issues we face are global. We routinely advise on practical issues of trading in the US markets, on structuring offshore derivative instruments accessing the Chinese, Indian and emerging markets and on dealing with multiple regulatory regimes. Further details about our derivatives and trading group, the work we do and examples of recent deals can be found on our website. The role Duties will include: * The role is predominantly transactional, negotiating a broad spectrum of derivative and trade documents between broker-dealers and/or hedge funds, and managing the document and execution process for fund launches and businesses as usual transactions. * Day to day advisory work for our predominantly buy-side client basis will also be required. A good working knowledge of current regulatory issues is therefore useful, although we carry out extensive training in this regard. * Creating and/or diligencing innovative structures for our clients and colleagues in other practice areas. . * Supporting wider firm transactions with hedging queries and related collateral and regulatory issues. * Researching new products and regulations around th