Legal Counsel, Data Licensing

Our client is a specialist investment management firm with a strong focus on alternative credit strategies. As the business continues to scale, the company is looking to hire a commercially minded Legal Counsel to take ownership of market data licensing and related commercial matters across the platform.

This is a high‑impact role offering close interaction with investment, data, technology, and compliance teams in a fast‑moving hedge fund environment.

• Key responsibilities include:
  • Advising on and negotiating exchange market data licences, including permitted use, display vs non‑display, and internal distribution.
  • Supporting licensing of non‑exchange and third‑party data, including reference data, indices, benchmarks, and alternative data sets.
  • Advising front office, research, and quantitative teams on data usage, restrictions, and compliance with licence terms.
  • Partnering with procurement and market data teams on vendor negotiations, renewals, and cost‑control initiatives.
  • Supporting internal controls, audits, and governance relating to market data usage.
  • Working closely with Compliance and Risk on regulatory considerations connected to data use.
  • Providing pragmatic, solutions‑focused legal advice in a lean, in‑house hedge fund environment.

Our client is seeking a lawyer who combines strong technical market data expertise with the confidence to operate directly with senior stakeholders.

• Required Qualifications
  • UK qualification as a solicitor (or equivalent common law qualification).
  • Approximately 4-12 years' PQE.
  • In‑house experience at a hedge fund, asset manager, bank, or market infrastructure provider, or relevant prior experience from private practice.
  • Demonstrable experience advising on:
    • Exchange market data licensing
    • Non‑exchange / third‑party data agreements
  • A strong understanding of how market data is used by:
    • Investment teams
    • Research and analytics functions
  • The ability to translate legal risk into commercial, operational advice.
  • A hands‑on, pragmatic mindset suited to a growing investment platform.