Legal Counsel - Prime Brokerage & Clearing Documentation

Role - Legal Counsel - Prime Brokerage & Clearing Documentation

Location: London (Hybrid)
Contract Type: Fixed Term Contract (FTC)
Duration: Initial 6 Months

Overview:

Delta Capita is seeking a Legal Counsel to support a leading global investment banking client on a 6-month Fixed-Term Contract. This role will focus on the negotiation and execution of derivatives, prime brokerage, clearing, and securities trading documentation, supporting a broad range of institutional client relationships within Global Markets.

The successful candidate will have strong experience negotiating trading documentation, including ISDAs, Prime Brokerage Agreements, Clearing Agreements, and related market documentation. Previous Prime Brokerage and/or Clearing documentation experience is essential for this role.

Key Responsibilities:

1. Identify and review documentation required for clients to trade securities, OTC derivatives, and exchange-traded derivatives.

2. Conduct client due diligence reviews and documentation assessments.

3. Draft, review, and negotiate a wide range of trading and market documentation, including:

   • ISDA Agreements

   • Prime Brokerage Agreements

   • Derivatives Clearing Agreements

   • Master Confirmation Agreements (MCAs)

   • GMSLAs

   • ACAs

   • Related amendments and ancillary documentation

4. Lead negotiations with clients, counterparties, and external counsel to ensure timely execution of legal agreements.

5. Partner closely with internal stakeholders across Legal, Credit, Risk, Sales, and Operations to resolve negotiation points and facilitate approvals.

6. Provide guidance on contractual terms and legal documentation requirements.

7. Monitor market and regulatory developments and share relevant updates internally.

8. Maintain accurate records and update internal tracking systems, databases, and reporting tools.

9. Support documentation-related projects and process improvement initiatives.