Job Description

OSTTRA

The Role:

Legal Counsel

The Team:

The Legal Department at OSTTRA is a small but robust team, and the position will report directly to the General Counsel. We are a highly trusted and dynamic team that works in close partnership with the business to help drive maximum results.

The Impact:

Together, we build, support, protect and manage high-performance, resilient platforms that process more than 100 million messages a day. Our services are vital to automated trade processing around the globe, managing peak volumes and working with our customers and regulators to ensure the efficient settlement of trades and effective operation of global capital markets.

What's in it for you:

This in-house legal counsel position is based in our London office. Primary responsibilities will be to work on a broad range of commercial and transactional legal matters in all areas of OSTTRA's business. Lawyer will work closely with colleagues in the legal, sales, product, front office and core infrastructure and support functions.

This is an excellent opportunity to be part of a global team based out of London and to work with colleagues across multiple regions globally.

Responsibilities:

Manage, draft and negotiate various commercial contracts, including procurement and support, real estate, software licenses, services, maintenance, web-based services, consulting agreements, non-disclosure agreements and other commercial agreements Support sales and other business teams including shared services groups based in different regions, globally and provide them with innovative business solutions. Developing knowledge of multiple areas of the law, including intellectual property, and privacy, and data protection to counsel internal clients on business and legal risks arising at all stages of the customer relationship. Analyzing, evaluating, and providing input to product and client initiatives with a view to identifying and highlighting possible business and legal risks to management. Assist with various projects for OSTTRA's post-trade services, including client onboarding, commercial and jurisdictional issues, responding to regulatory requests and keeping abreast of post-trade regulatory developments in India Liaise among business and various support and control divisions of OSTTRA, including IT, Tax, Compliance, Finance, Risk and Operations Engage and manage outside counsel Act as key member of team of commercial/corporate lawyers based in London, also with legal colleagues in the UK, US, India, Singapore, Sweden and Israel.

What We're Looking For:

Strong academic background / legal degree preferred or conversion Qualified solicitor or equivalent 3 to 6 years experience of in-house and/or large law firm experience in a transactional practice Must have an excellent command of the English language (both written and spoken) Excellent drafting and negotiating skills Legal experience in negotiating and drafting commercial and other business to business technology and information related contracts - nice to have Experienced in data protection and commercial matters - nice to have Knowledge of data and software licensing, intellectual property, and commercial contract law required - preferred Knowledge of English law (and New York law is a plus) Experience with technology, or financial services companies - nice to have Proven ability to manage a variety of commercial transactions and special projects simultaneously Ability to anticipate and respond to problems Investigative, analytical and strategic skills Proactive, enthusiastic, self-motivated team player. Strong organizational skills You'll be asked to work 3 days from the OSTTRA office

The Location:

London, United Kingdom

About Company Statement:

OSTTRA is a market leader in derivatives post-trade processing, bringing innovation, expertise, processes and networks together to solve the post-trade challenges of global financial markets. OSTTRA operates cross-asset post-trade processing networks, providing a proven suite of Credit Risk, Trade Workflow and Optimisation services. Together these solutions streamline post-trade workflows, enabling firms to connect to counterparties and utilities, manage credit risk, reduce operational risk and optimise processing to drive post-trade efficiencies.



OSTTRA was formed in 2021 through the combination of four businesses that have been at the heart of post trade evolution and innovation for the last 20+ years: MarkitServ, Traiana, TriOptima and Reset. These businesses have an exemplary track record of developing and supporting critical market infrastructure and bring together an established community of market participants comprising all trading relationships and paradigms, connected using powerful integration and transformation capabilities.