Senior Legal Counsel

Job Description

This person manages legal risks in relation to Global Markets, Group Funding, Custody and Principal Investments businesses globally in accordance with FAB Group Legal Department policies and procedures. The role holder should be able to work autonomously but should seek the Head of Legal - Global Markets & Group Funding's input on unusual situations, complex matters, and issues that may pose significant legal, financial and/or reputational risk to FAB Group
The role holder will have knowledge of derivatives, structured finance, debt capital markets and custody, and will provide value-added legal support to the Global Markets, Group Funding, Custody and Principal Investments businesses. This will include, amongst other things:

• Drafting and negotiating derivatives transaction documentation including trade confirmations and credit support documentation with a particular emphasis on structured derivatives across a range of asset classes (credit, equity, rates, commodities and FX).
• Advising how to structure transactions in compliance with applicable regulatory requirements including, without limitation, EMIR and Dodd-Frank.
• Drafting and negotiating securities lending and repurchase transaction documentation.
• Managing the legal aspects of issuing bonds and structured notes from FAB's short and medium-term debt funding programs and structured notes programs in both conventional and Islamic format.
• Providing legal guidance to FAB's in-house Global Markets Documentation Team (i.e. ISDA negotiators) when this team of paralegals is drafting and negotiating derivatives master agreements including ISDAs, GMRAs, TMAs and associated collateralisation and other ancillary documentation (e.g. CSAs, MCAs, Execution Agreements etc).
• Negotiating custody agreements and advising on structured custody solutions.
• Creating and updating FAB's template documentation
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  Core Responsibilities
  Legal Advisory
• Provides legal advice whilst keeping in mind FAB's strategic and business objectives.
• Provides guidance to facilitate FAB's compliance with all applicable laws, rules and regulations.
• Collaborates with the Head of Legal - Global Markets & Group Funding to establish, disseminate and implement the FAB Group Legal Department policies and procedures.
• Completes tasks and responds to legal queries in a timely manner.
• Supports FAB subsidiaries and international branches by providing general legal oversight of legal risks.
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  Litigation
• Management of litigation and disputes pertaining to relevant business areas.
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  Legal Documentation and Review
• Drafts, reviews and negotiates contracts and other legal documents in a commercially prudent manner to facilitate transaction completion whilst simultaneously minimising legal risks.
• Produces and regularly updates standardised legal agreements, contracts and standard terms and conditions for FAB in compliance with international best practices and applicable legal requirements.
• Assists the business in launching new products and conducts legal and regulatory due diligence on such products, including identifying risks and mitigants in all applicable geographies.
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  Knowledge of External Environment
• Stays abreast of new laws and regulations through continuous legal education, attending professional conferences and participating in professional associations such as ISDA and ICMA.
• Provides updates on new legislation and regulatory developments and advises how to comply with such new legislation and regulations.
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  Knowledge Sharing
• Works closely and develops a positive professional relationship with the other members of the legal function and shares knowledge and best practices with colleagues, including by providing training.
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  Learning and Development
• Functions as a subject matter expert and provides input on learning and development initiatives including training content to ensure value addition and relevance.

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  Specific Accountability
• Drafts and negotiates structured products and note documentation in conjunction with external counsel.
• Drafts and negotiates derivatives, repo and custody documentation and agreements.
• Maintains FAB's short and medium-term note programs and structured notes programs from a legal perspective and supports issuances from such programs, in collaboration with external counsel.
• Assists the business with rolling out new products and services.
• Recommends improvements to policies and processes to streamline working practices.
• Providing legal advice on ad hoc legal queries raised by businesses and other enablement functions (e.g. Credit, Compliance etc) or as assigned by the Head of Legal - Global Markets & Group Funding.

• Bachelor's degree in law from an internationally recognised university
• Qualified as a lawyer in England (or another common-law or European jurisdiction)
• Excellent English language skills