Senior Lead Counsel - Product - Senior Vice President

The role is dedicated to the Rates and Markets Treasury businesses globally with focus in the UK, Europe, Middle East and Africa country clusters, covering all desks within the Rates and Markets Treasury businesses but primarily focussed on the Corporate Solutions Group, the Limited Recourse Trading Desk, the Rates cash businesses (including primary dealership) and part of the Rates & Currencies Structuring Group.

• Finance-linked hedging and securitisation / warehouse hedging, including negotiating the wider transaction documents from a hedging perspective, overseeing the negotiation by the Belfast team of certain points in the derivative documentation and discussing relevant aspects with Risk and other functions.
• Bespoke financing structures, including Islamic financing, derivatives-based financing, collateralisation structures, financial guarantees and risk participation transactions.
• Technical elements of derivative documentation, including close-out provisions, optional and mandatory termination provisions and cash settlement calculations.
• Non-linear derivatives, particularly swaptions.
• General advice on disputes and queries arising from OTC transactions.
• General advice on cash trading including primary dealer activities.
• Training and supporting more junior lawyers in the team on the above.

• Significant post-qualification experience, ideally with some experience of working in-house.
• A strong, broad understanding of secured hedging structures (e.g. finance-linked hedging and securitisation / warehouse hedging).
• A good understanding of financial products and how they work and interact (e.g. bonds, trade financing, loans, derivatives, SFTs).
• Derivatives experience within any product group is essential, with knowledge of the 2006 and 2021 ISDA Definitions strongly preferred.
• Experience of structuring and/or managing complex transactions is preferred but not mandatory.
• Ability to work independently and efficiently.
• Ability to work under pressure.
• Excellent organisation skills.
• Good diplomatic skills and ability to interact with personnel with different working cultures / levels / background.
• Good written and oral communication skills.
• Ability to present complex issues simply to senior management.
• Fluent in English (written and oral).
• Interest in technology.
• Intellectual curiosity to learn about new products and new legal structures.

• Generous holiday allowance starting at 27 days plus bank holidays; increasing with tenure
• Discretionary annual performance-related bonus
• Private medical insurance packages to suit your personal circumstance
• Employee Assistance Program Pension Plan
• Paid Parental Leave
• Special discounts for employees, family, and friends
• Access to an array of learning and development resources

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