Job Information
Marex Legal Counsel in Chicago, Illinois
Marex is a diversified 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.
Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.
For more information visit www.marex.com (http://www.marex.com/)
Purpose of Role:
The Legal Counsel assists the Senior Counsel in all areas covered by Marex's Legal Department in North America and develops into areas of greater responsibility; starting in the areas of efficiently onboarding clients and revenue-related relationships from a legal perspective.
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:
Draft and negotiate contracts supporting multiple business lines including but not limited to: prime brokerage, ISDA, OTC swaps documentation, securities lending, repo, and futures products.
Interpret and advise on new and existing vendor agreements, amendments, and terminations.
Support ongoing company-wide contracting initiatives, including third-party risk management, policy development, template standardization and adoption of contract related technologies.
Provide support to senior counsel with regulatory inquiries, discovery management, and subpoena responses.
Assess legal risks and collaborate with internal groups and advise managers, senior leaders, and operational teams on legal matters
Offer counsel on a variety of legal issues and collaborate with both internal and external counsel as needed.
Support HR and Compliance on internal corporate investigations.
Effectively report the status of areas of responsibility on a regular basis to relevant internal stakeholders.
Monitor developments in relevant legal areas in North America and proactively identify legal concepts that Business Partners need to understand and apply into practice.
Distil complex legal issues into workable frameworks or reference guides for Business Partners.
Collaborate and influence stakeholders through oral and written communications.
Work on special projects related to employment law, which could include areas outside of the North America jurisdiction.
Collaborate on and contribute to other projects within the Legal Department as needed
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.
Excels at building relationships, networking and influencing others
Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills & Experience
JD (Juris Doctor) or LLM (Masters of Laws) from an accredited US law school and admission to a state bar is required
At least one to three years' (1-3 years) experience working in a financial services environment, may include internship time at a relevant regulatory agency.
Prior work experience as a paralegal in a corporate practice group in a law firm setting, in-house corporate legal department, or relevant business experience highly would be beneficial.
Demonstrated interest in working in a financial services law.
Exposure to hedge funds, mutual funds, and managed accounts is a plus.
Excellent verbal and written communication skills
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
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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