Senior Lead Counsel - Director

Single PositionExplore a Career With UsView All JobsSenior Lead Counsel - DirectorNEW YORK, New York, United States of AmericaApply NowFind out how well you match with this jobUpload your resumeJob descriptionJob ID26978461Date posted07/20/2026DepartmentLegalJob Purpose:To provide legal support to Markets businesses in connection with Rates and Markets Treasury businesses.Job Background/context:The role is dedicated to the Rates and Markets Treasury businesses globally with focus in the North America and LATAM country clusters. It covers all desks within the Rates and Markets Treasury businesses, with primary interaction being with: (i) the NAM Corporate Solutions Group; (ii) the Rates and Markets Treasury structuring team; (iii) the Local Markets Rates business in NAM & LATAM; and (iv) the businesses providing bespoke/structured funding and/or hedging solutions to clients.  This is a role requiring a broad range of legal skills, ranging from an understanding of secured and deal-contingent hedging to the ability to understand and structure complex, bespoke trades in different legal forms (e.g. securities lending, derivatives, loans, deposits). It will also require a working knowledge of ISDA definitional booklets, such as the Rates and Credit Definitions, knowledge of relevant regulations such as Dodd Frank, US Risk Retention, securities laws and Volcker, and experience with issues raised by transactions in emerging / local markets. Familiarity with applicable capital rules will also be helpful.The successful candidate must therefore have the ability to work with, and perform the role of a senior adviser to, multiple desks with varying technical requirements across the derivative and SFT spectrum. They must also be able to work collaboratively with senior stakeholders in Risk, Finance, Compliance and other areas, as well as seniors within Legal, on the strategic aspects of supporting the relevant businesses.This role is currently expected to have four or five direct reports within the RMT Legal team, some located in New York and some in Europe. Thus the role will include being both an escalation point for technical questions on relevant topics as well as performing formal management duties for the team.Accordingly, the successful candidate will also be expected to be willing and able to take an active role in the career and technical development of junior colleagues, working with the Global Head to develop the wider team as a whole where relevant. However, should any candidates wish to be considered for a role without management responsibilities this can be discussed as part of the recruitment process.Key Responsibilities The candidate will be expected to cover a wide range of transactions and advice as a senior adviser across various desks, including:Bespoke financing structures, including repo financing, derivatives-based financing (particularly TRS), collateralisation structures, financial guarantees and margin loansTechnical elements of derivative documentation, including close-out provisions, optional and mandatory termination provisions, cash settlement calculations, and bespoke payoffsSyndicated swap arrangements, e.g. risk participation agreementsSecured hedging, including being able to explain to stakeholders (in the business as well as other stakeholders such as Risk and ICM) the nuances of certain points and also to work with more junior colleagues on relevant pointsContingent hedging, including those relating to M&A, issuance, and project financeRepackaging transactions across a variety of underlying product classes, including knowledge of relevant rules and exemptions, such as securities rules (144A, 4(a)(2), Reg S), investment company act exemptions (3a-7, 3(c)(1), 3(c)(7)), commodity pool exemptions and implications for US Risk RetentionNon-linear derivatives, particularly swaptions and inflation-based productsAdvising on the 2006 and 2021 ISDA Definitions and the 2003 and 2014 ISDA Credit Definitions (as...