Lead Counsel, Trading and Derivatives, US & Canada

Company:

MMC Corporate

Description:

We are seeking a talented individual to join our Legal, Compliance & Public Affairs team at Marsh McLennan. This role will be based in Boston or New York City, and it is a hybrid role with a requirement of working at least three days a week in the office.

As Lead Counsel, Trading and Derivatives
, US & Canada
, you will be responsible for providing expert legal advice and support on a wide range of matters relating to the firm’s trading activities and derivatives transactions. The successful candidate will work closely with the firm’s US trading desk, investment team, operations team, risk management, compliance, and other stakeholders to promote legal and regulatory compliance, manage transactional documentation, and mitigate legal risks associated with derivatives and trading activities.

• Provide legal advice and support on trading activities and derivatives transactions, including OTC derivatives, exchange‑traded derivatives, swaps, options, futures, and similar instruments.
• Draft, review, negotiate, and manage derivatives and trading documentation such as ISDA Master Agreements, Global Master Repurchase Agreements (GMRAs), Credit Support Annexes (CSAs), clearing agreements, Cleared Derivatives Execution Agreements, futures & options trading arrangements and other related contracts.
• Advise on regulatory and compliance matters related to derivatives and trading activities, including relevant US and Canadian Securities and Commodities Laws and regulations, Dodd‑Frank, EMIR, and other relevant regulations.
• Collaborate with trading, investment, risk, compliance, and operations teams to identify and mitigate legal risks in trading strategies and product development.
• Monitor and interpret changes in laws and regulations affecting derivatives and trading, and communicate implications to relevant business units.
• Assist in the development and implementation of internal policies, procedures, and controls related to derivatives and trading.
• Provide training and guidance to internal teams on legal and regulatory issues in derivatives and trading.
• Liaise with external counsel, regulators, and industry bodies as necessary.

• JD from a US accredited law school and license to practice, in good standing, in at least one of the fifty states.
• Minimum of 5 years of experience advising on derivatives, trading, and financial products, at a law firm, regulator or SRO, or in‑house legal department of a financial institution.

• Strong knowledge of derivatives markets, trading practices, and relevant regulatory frameworks.
• Proven experience drafting and negotiating ISDA Master Agreements and GMRAs and related documentation.
• Excellent analytical, drafting, and negotiation skills.
• Ability to work effectively in a fast‑paced, dynamic environment and manage multiple priorities.
• Strong communication and interpersonal skills, with the ability to explain complex legal concepts to non‑legal stakeholders.
• Familiarity with the Employee Retirement Income Security Act (ERISA)

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well‑being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses:
Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit , or follow on Linked In and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality,…