Senior Legal Counsel, US Structured Notes

Diversified. Resilient. Dynamic.

Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

With more than 35 offices around the globe, and over 2300 dedicated people enabling access to exchanges and technology-powered services.

For more information visit www.marex.com

Purpose of Role:

The Senior Legal Counsel, US Structured Notes will advise the business directly on legal and regulatory issues that impact the US structured products business. The role will maintain, and update, Marex US Note programs and related issuance level documentation. Additionally, they will assist the Head of Legal and Head of Solutions Legal with manager of legal risk arising from the Marex Solutions US structured products business.

Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics.

The Legal Department supports functional areas across Marex with timely, focused, practical legal services.

Responsibilities:

• Responsible for all legal aspects of the US structured products business, including providing advice directly to the desk on the US legal and regulatory environment for structured products.
• Draft, review and advise on program and issuance documentation for structured products.
• Work with the business to structure new product types and advise on legal issues arising therefrom.
• Negotiate legal agreements (including distribution agreements and introducing broker and agent agreements).
• Liaise with external and internal stakeholders, both in the US and overseas (including external counsel, the internal trading desk, distributors, agents and stock exchanges).
• Participate in (and coordinate as necessary) various structured products projects, including program updates and regulatory and policy initiatives.
• Review contractual rights in the context of day-today operations and in contentious or stress situations.
• Co-ordinate with Legal colleagues in other locations to ensure consistency and transparency in multi-jurisdictional or cross-border projects.
• Assist Compliance team with the implementation and execution of product governance policies and procedures and review of regulatory developments affecting the Marex Solutions business.
• Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
• Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
• At all times complying with Marex’s Code of Conduct.
  • To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility.
  • To report any breaches of policy to Compliance and/ or your supervisor as required.
  • To escalate risk events immediately.
  • To provide input to risk management processes, as required.

The Company may require you to carry out other duties from time to time.

Competencies, Skills and Experience:

Competencies

• An approachable, collaborative, self-efficient team player who is a positive influence on the work environment.
• Demonstrates curiosity
• Resilient in a challenging, fast-paced environment.
• Ability to take a high level of responsibility in a fast pace and high-volume environment.
• Ability to present complex issues concisely.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience

• JD/LLM from an accredited US law school and admission to a state bar.
• At least three to seven (3-7) years’ experience in a leading law firm/large financial institution practicing primarily in the financial services legal environment covering US and/or Canada.
• A strong and broad understanding of financial markets and products.
• Structured products experience is essential; experience with or understanding of derivatives is essential.
• Excellent organisation skills.
• Excellent verbal and written communication skills.
• Strong attention to detail
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Salary Range: $200,000 to $250,000 per year plus discretionary bonus.

Company Values:

Acting as a role model for the values of the Company:

Respect
Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity
Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.

Collaborative
We work in teams – open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

Developing our People
Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

Adaptable and Nimble
Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

Marex’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the employer of choice for prospective candidates. We encourage applications from candidates returning to the job market.

It is the policy of Marex to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

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