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Marsh McLennan

Lead Counsel, Trading and Derivatives, US & Canada

Marsh McLennan, WorkFromHome

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Lead Counsel, Trading and Derivatives, US & Canada

Boston or New York City – hybrid role requiring at least 3 days in office per week. 1 week ago – Be among the first 25 applicants.

We are seeking a talented individual to join our Legal, Compliance & Public Affairs team at Marsh McLennan. As a Lead Counsel specializing in trading and derivatives, you will provide expert legal advice and support on a wide range of trades, supervise transactional documentation, and manage legal risks related to derivatives and trading activities.

Responsibilities

  • Provide legal advice and support on trading activities and derivatives transactions, including OTC derivatives, exchange‑traded derivatives, swaps, options, futures, and similar instruments.
  • Draft, review, negotiate and manage derivatives and trading documentation such as ISDA Master Agreements, GMRAs, CSAs, clearing agreements, and other related contracts.
  • Advise on regulatory and compliance matters related to derivatives and trading activities, including US and Canadian securities and commodities laws, Dodd‑Frank, EMIR, and other relevant regulations.
  • Collaborate with trading, investment, risk, compliance, and operations teams to identify and mitigate legal risks in trading strategies and product development.
  • Monitor and interpret changes in laws and regulations affecting derivatives and trading, and communicate implications to relevant business units.
  • Assist in developing and implementing internal policies, procedures and controls related to derivatives and trading.
  • Provide training and guidance to internal teams on legal and regulatory issues in derivatives and trading.
  • Liaise with external counsel, regulators and industry bodies as necessary.

What you need to have

  • JD from a US‑accredited law school and license to practice in at least one of the fifty states, in good standing.
  • Minimum five years of experience advising on derivatives, trading and financial products in a law firm, regulator, SRO or in‑house legal department of a financial institution.

What makes you stand out

  • Strong knowledge of derivatives markets, trading practices and relevant regulatory frameworks.
  • Proven experience drafting and negotiating ISDA Master Agreements, GMRAs and related documentation.
  • Excellent analytical, drafting and negotiation skills.
  • Ability to work effectively in a fast‑paced, dynamic environment and manage multiple priorities.
  • Strong communication and interpersonal skills, with the ability to explain complex legal concepts to non‑legal stakeholders.
  • Familiarity with the Employee Retirement Income Security Act (ERISA).

Why join our team

  • Professional development opportunities, interesting work and supportive leaders.
  • Vibrant, inclusive culture that encourages collaboration and impact for colleagues, clients and communities.
  • Broad career opportunities, benefits and rewards that enhance well‑being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.

Base salary range is $132,000 – $264,000, with performance‑based incentives and a competitive total rewards package including health benefits, tuition assistance, 401(k) and employee assistance programs.

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