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Marex

Legal Counsel - Structured Derivatives and Digital Assets

London, GBPosted Yesterday
onsite

Job Description

About Marex

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. 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. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.

For more information visit https://www.marex.com/

Role Summary

To assist in ensuring that the legal rights and obligations of the Marex Group are identified and documented, with a focus on supporting digital assets initiatives across various business desks. To help deal with urgent or ad hoc legal matters; to be responsible for organisation and retention of documents of the Group Legal department; to update policies and procedures of the Group Legal department.

Responsibilities

Commercial and Trading Agreements

    • Drafting, reviewing and negotiating agreements with digital assets venues, exchanges, custodians and digital assets liquidity providers, including various membership agreements, terms of service, custody agreements, prime brokerage agreements, platform agreements.
    • Drafting and negotiating various trading documentation widely used in the digital assets space, (e.g., Terms of Business, SPA, ISDA, GMRA, GMSLA, MLA and others).
    • Liaising with internal stakeholders and external counterparties to drive negotiations and execution, including updating and maintaining appropriate records for the negotiation lifecycle.

    Client Documentation and Product Support

      • Drafting and maintaining client-facing documentation for digital asset products and services.
      • Reviewing marketing materials and advising on financial promotions rules, in particular in the digital assets space.
      • Providing legal support for the development and launch of new digital assets-related products and offerings.

      Regulatory and Licensing

      • Monitor and advise on UK and global regulatory developments affecting the Marex Group in the digital assets space.
      • Support licensing applications and ongoing regulatory obligations.
      • Conduct cross-border legal assessments for digital asset activities and products.

      General and Advisory

      • Participating in (and coordinate as necessary) various projects, including regulatory, jurisdictional and policy initiatives.
      • Assisting with the broader review, negotiation and execution of various legal agreements in accordance with the Group Legal department policies.
      • Assisting other team members in the Group Legal department and the Group Compliance department when required.
      • Support disputes and other legal matters where required.
      • Maintain legal templates, policies and document management practices.

      Risk and Governance

      • Ensuring compliance with the company’s regulatory requirements under the FCA.
      • Adhering 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 the FCA’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.

      Competencies, Skills and Experience

      Competencies:

      • Resilient in a challenging, fast-paced environment
      • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
      • 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
      • Report any breaches of policy to Compliance and/ or your supervisor as required
      • Escalate risk events immediately
      • Provide input to risk management processes, as required.
      • Experience working in a regulated financial services environment with a good knowledge of the risk and compliance requirements associated with this.
      • Exposure to, or a strong interest in, the digital assets space, with an understanding (or willingness to develop an understanding) of key concepts such as wallet infrastructure, custody models, blockchain mechanics, stablecoins and staking, and how these may translate into legal and regulatory risk.
      • Experience advising on, or supporting, crypto-related products, services, or counterparties (e.g. exchanges, custodians, liquidity providers) would be advantageous but is not essential.
      • Familiarity with financial instruments, particularly derivatives and/or structured products, and an appreciation of how these may intersect with digital asset markets (or a strong willingness to build this knowledge).

      Skills and Experience:

      • Strong communication and interpersonal skills – oral and writing;
      • Strong attention to detail and accuracy;
      • Good team player;
      • Flexible (i.e.: ability to adapt to change/approach to work, ability to multi-task);
      • Able to work well under pressure; and
      • Excellent time management skills and ability to work to strict deadlines.
      • Strong academic results, including 2.1 or above at degree level.
      • Qualified Solicitor (or significant equivalent experience)
      • Conduct Rules

      You must:

      • Act with integrity
      • Act with due skill, care and diligence
      • Be open and cooperative with the FCA, the PRA and other regulators
      • Pay due regard to the interests of customers and treat them fairly
      • Observe proper standard of market conduct
      • Act to deliver good outcomes for retail customers

      Company Values

      Acting as a role model for the values of the Company:

      Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

      Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.

      Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

      Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

      Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

      Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

      If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.

      Legal Counsel - Structured Derivatives and Digital Assets at Marex | Renata