Derivatives Attorney
Axiom · United States
- Hybrid
- Full-time
- $104,500 / year
- United States
Job highlights
- Advise clients on derivatives and OTC trading.
- Draft and negotiate ISDA Master Agreements.
- Manage legal, risk, and compliance issues.
- Collaborate with trading, legal, and compliance teams.
- Stay updated on derivatives regulations and trends.
About the role
Derivatives Attorney
Join Axiom's Financial Services team as a Derivatives Counsel. You will provide expert legal advice and support to clients in derivatives and OTC trading, ensuring compliance, mitigating risk, and facilitating seamless transactions. This is an exciting opportunity to collaborate with leading clients on ISDA Master Agreements, Credit Support Annexes, and other derivatives documentation, shaping legal strategies and supporting global trading operations. This is an existing vacancy.
Responsibilities
- Drafting, reviewing, and negotiating ISDA Master Agreements, Credit Support Annexes, Master Confirmation Agreements, Term Commitment Agreements, Account Control Agreements, and other derivatives trading documents.
- Providing legal guidance on derivatives transactions, collateral management, and OTC trading compliance.
- Collaborating with trading desks, Front Office, Legal, Compliance, and Credit teams on derivatives transactions and regulatory initiatives.
- Managing legal, risk, and compliance issues for clients in the derivatives and financial services sector.
- Staying ahead of industry trends, regulatory changes, and global derivatives rules to provide proactive counsel.
Qualifications
- 2+ years of experience in derivatives, capital markets, or trading documentation legal work.
- Strong knowledge of ISDA agreements, CSA, and global OTC derivatives regulations.
- Proven track record of advising clients on derivatives documentation and regulatory compliance.
- Excellent communication, negotiation, technology, and problem-solving skills.
- Juris Doctor (JD) degree and licensed to practice law.
Preferred Skills
- Experience with prime brokerage documentation, account control agreements, and regulatory initial margin requirements.
- Familiarity with cross-border derivatives regulations including U.S. Dodd-Frank, EMIR, UK, Canadian, and Singapore frameworks.
- Comfortable supporting global trading operations and multiple time zones.
Compensation
The estimated total compensation for full-time Axiom attorney roles is $104,500-325,000 per year. Compensation decisions are based on various factors, including, but not limited to, experience, skills, certifications, location, and business needs. Employees may be eligible for additional benefits, including health, dental, and vision insurance; paid holidays and PTO; flexible work arrangements; and professional development opportunities and tools.
About Axiom
For over 25 years, Axiom has pioneered the alternative legal services industry, now serving more than 1,500 legal departments globally with our unique blend of world-class legal talent and advanced AI tools, delivering innovative solutions that combine top-tier talent with cutting-edge technology. We tackle complex legal matters across 12 practice areas for clients ranging from Fortune 100 to SMBs, empowering our legal professionals to engage in meaningful work that advances their careers. Our Talent NPS score of +71% and our Client NPS score of +64% highlight our commitment to excellence. Join our forward-thinking community where you’ll keep your career dynamic and multi-faceted, be part of a company that values agility, collaboration, and excellence, and love both the law and your life.
Axiom is the global leader in high-caliber, on-demand legal talent. Covering North America, the UK, Europe, and APAC, we enable legal departments to drive efficiency and growth and meet the demands of today’s business landscape with best in class alternative legal services. Diversity is core to our values and we are proud to be an equal opportunity employer.
Key skills/competency
- Derivatives Law
- ISDA Master Agreements
- Credit Support Annexes
- OTC Trading
- Legal Counsel
- Financial Services Law
- Regulatory Compliance
- Contract Negotiation
- Risk Management
- Capital Markets
Skills & topics
- Derivatives Attorney
- Legal Counsel
- ISDA
- CSA
- OTC Trading
- Financial Services
- Regulatory Compliance
- Contract Negotiation
- Capital Markets
- Law Firm
How to get hired
- Tailor your resume: Highlight your experience with ISDA agreements, CSA, and OTC derivatives regulations. Emphasize your legal drafting and negotiation skills.
- Craft a compelling cover letter: Showcase your understanding of Axiom's alternative legal services model and how your expertise aligns with client needs in derivatives and financial services.
- Prepare for interviews: Be ready to discuss specific examples of your experience with derivatives documentation and regulatory compliance. Demonstrate your problem-solving and communication skills.
- Understand Axiom's culture: Research their pioneering role in the alternative legal services industry, their commitment to technology, and their client-centric approach.
Technical preparation
Behavioral questions
Frequently asked questions
- What are the key responsibilities for a Derivatives Attorney at Axiom?
- As a Derivatives Attorney at Axiom, you will be responsible for drafting, reviewing, and negotiating various derivatives trading documents such as ISDA Master Agreements and Credit Support Annexes. You'll also provide legal guidance on derivatives transactions, collateral management, and OTC trading compliance, while collaborating with internal teams and staying abreast of regulatory changes.
- What qualifications are essential for the Derivatives Attorney role at Axiom?
- Essential qualifications include a Juris Doctor (JD) degree, active bar license, and at least 2 years of experience in derivatives, capital markets, or trading documentation legal work. A strong understanding of ISDA agreements, CSA, and global OTC derivatives regulations is also required.
- Does Axiom offer opportunities for remote work for Derivatives Attorneys?
- Axiom is known for offering flexible work arrangements. While the description doesn't explicitly state remote work for this specific role, their company culture and emphasis on agility suggest that remote or hybrid arrangements are likely considered, especially for supporting global operations.
- What is the typical compensation range for a Derivatives Attorney at Axiom?
- The estimated total compensation for full-time Axiom attorney roles ranges from $104,500 to $325,000 per year. The final compensation is determined by factors such as experience, skills, location, and business needs.
- How does Axiom leverage technology in its legal services for Derivatives Attorneys?
- Axiom pioneers the alternative legal services industry by blending world-class legal talent with advanced AI tools. This integration allows legal professionals to work on complex matters more efficiently and provides innovative solutions for clients in the derivatives and financial services sector.
- What kind of clients can I expect to work with as a Derivatives Attorney at Axiom?
- You can expect to work with a diverse range of clients, from Fortune 100 companies to Small and Medium-sized Businesses (SMBs), primarily within the financial services sector. Your work will involve supporting global trading operations and advising on complex legal matters related to derivatives and OTC trading.
- What are the 'preferred skills' for this Derivatives Attorney position?
- Preferred skills include experience with prime brokerage documentation, account control agreements, and regulatory initial margin requirements. Familiarity with cross-border derivatives regulations like Dodd-Frank, EMIR, and frameworks from the UK, Canada, and Singapore is also beneficial, as is comfort supporting global trading operations across multiple time zones.