Provide full legal support to Schroders' derivatives activities.
Supporting Schroders, in London and Luxembourg, Asia-Pacific and the Americas, in the increasing use of derivative instruments, advising on the legal implications and dealing with all legal documentation requirements; keeping track of the work done.
Drafting, reviewing, negotiating and completing Schroders' OTC derivatives documentation (ISDA, CSA, Accession and Amendment Agreements).
Drafting, reviewing, negotiating and completing other market counterparty documentation (GMRA, FX trading agreements, clearing agreements, prime brokerage agreements, business terms of market counterparties, confidentiality agreements).
Analysing and advising on new derivatives products in which Schroders is considering to invest on behalf of its clients.
Using efficiently outside counsel and other in-house legal resources. Obtaining focused advice where appropriate.
Liaising clearly and openly with line manager and with all departments/areas using derivatives.
University degree or equivalent; qualified lawyer.
Strong team player
Good communication skills
Demonstrated experience as a qualified lawyer in private practice and/or in-house in a financial services firm (ideally investment management), in each case with an in-depth knowledge of derivatives work.
Exposure to wide range of ISDA documentation, GMRA and FX trading agreements.
Experience of both UK and Luxembourg fund range types: both UCITS and AIFs in each case.
Good drafting and written communication skills.
Able to develop and demonstrate strong working relationships with other members of the firm, including (but not limited to) fund managers, client directors, compliance, operations, credit / risk and product control; and with counterparty lawyers, credit, operational and front office staff.
Ability to work under pressure
Ability to understand and manage legal risk in a rigorous but practical way
Strong negotiating skills
Delivering results within expected timeframe
Demonstrates a passion for excellence and exceeding client expectation
Develops effective relationships with internal clients and gains their trust and respect
ISDA and other master agreement knowledge as described above
Strong derivatives experience gained ideally both in-house and in a law firm
Good awareness of the current regulatory landscape as applicable to derivatives products: FCA, CSSF, ESMA publications, CESR, Dodd Frank, EMIR etc.
Technical experience in contract law in a financial services environment
Understanding of investment management products and issues