Senior Legal Counsel, Derivatives – Asset Servicing, Capital Markets

Min 6 yrs required

Full-time

No

For more information about Northern Trust, visit

Job Description
The Senior Legal Counsel, Derivatives – Asset Servicing, Capital Markets will provide high quality legal advice and counsel to Global Foreign Exchange, Treasury and Swap Dealer Compliance. This includes serving as the senior legal advisor to our derivatives business globally, with a particular focus on currency and interest rate swaps. The successful candidate will report to the Associate General Counsel, Head of Capital Markets Legal, North America and collaborate with colleagues based primarily in Chicago, London and Sydney. This is a full-time position with a hybrid work model, allowing for a balance between working in the office and working from home.

Key Responsibilities:
• Draft, review and negotiate agreements governing swaps, foreign exchange, collateral management, and related products and services.
• Manage our program for the maintenance of jurisdictional requirements for regulatory capital netting and collateral enforceability across all relevant products and services.

Qualifications:
• Minimum of 6 years of experience at a nationally recognized law firm or financial institution advising clients in the financial services industry.
• JD from an accredited law school and admitted to practice or willing to secure bar admission in the relevant jurisdiction.
• Experience drafting and negotiating master netting agreements such as ISDAs and CSAs, master repurchase agreements, and master securities loan agreements.
• Experience independently managing or leading deal teams or program implementation.
• Excellent organizational, interpersonal and communication skills with the ability to collaborate across inter-disciplinary teams to meet client needs.
• Exceptional writing and research skills, reflecting self-motivation, attention to detail and effective issue spotting.
• Knowledge of and familiarity with applicable banking, corporate, and securities laws and regulations, including one or more of the Bank Holding Company Act, Title VII of the Dodd Frank Act, US Basel III Capital Rules and ERISA.

Working Model:
The successful candidate will be part of a balanced hybrid working model, allowing for flexibility between working in the office and working from home.

Working with Us:
• Join a globally recognized, award-winning financial institution that has been in continuous operation since 1889.
• Work with the world’s most sophisticated clients using leading technology and exceptional service.
• Enjoy a flexible and collaborative work culture with opportunities for movement within the organization.
• Be part of a company committed to assisting the communities we serve.

Reasonable Accommodation:
Northern Trust is committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at . We value an inclusive workplace and understand that flexibility means different things to different people. Let us know your flexible working requirements and together we can achieve greater.

About the Company:
Northern Trust is a Fortune 500 company and a globally recognized, award-winning financial institution with over 130 years of financial experience and over 22,000 partners. We provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity.

Role/Department:
The Senior Legal Counsel, Derivatives – Asset Servicing, Capital Markets will be a part of Northern Trust’s Legal Department and will be responsible for providing high quality legal advice and counsel to Global Foreign Exchange, Treasury and Swap Dealer Compliance. This includes serving as the senior legal advisor to our derivatives business globally, with a particular focus on currency and interest rate swaps. You will report to the Associate General Counsel, Head of Capital Markets Legal, North America and collaborate with colleagues based primarily in Chicago, London and Sydney.

Salary Information:
The salary for this position is competitive and will be based on experience and qualifications.

Experience Information:
The successful candidate will have a minimum of 6 years of experience at a nationally recognized law firm or financial institution advising clients in the financial services industry. They will also have experience drafting and negotiating master netting agreements and independently managing or leading deal teams or program implementation.

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Senior Legal Counsel, Derivatives – Asset Servicing, Capital Markets

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Join a Globally Recognized Financial Institution as a Senior Legal Counsel in Derivatives and Asset Servicing

H2 Headings:
- About Northern Trust
- Role/Department
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Bold Headlines:
- Senior Legal Counsel, Derivatives – Asset Servicing, Capital Markets
- Full-time Position with Hybrid Work Model
- Join a Globally Recognized, Award-winning Financial Institution
- Flexible and Collaborative Work Culture
- Opportunities for Movement within the Organization
- Company Committed to Assisting Communities
- Reasonable Accommodations for Individuals with Disabilities
- Fortune 500 Company with Over 130 Years of Financial Experience
- Competitive Salary Based on Experience and Qualifications
- Minimum 6 Years of Experience in Financial Services Industry Required

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Drafting, Negotiation, Master Netting Agreements, Program Management, Organizational Skills, Interpersonal Skills, Communication Skills, Writing, Research, Knowledge of Banking and Securities Laws and Regulations

JD from accredited law school

Interested candidates can apply through the company's website or by emailing their resume to the HR Service Center.

Qualification and Experience JD from accredited law school, Admitted to practice or willing to secure bar admission, Minimum 6 years of experience at a nationally recognized law firm or financial institution

Legal