Prestigious European I-Bank is looking for a mid-level banking and finance lawyer who has a keen interest on working on Prime Brokerage matters. Prior knowledge of any prime brokerage and cash equities work would be an added advantage but is not a prerequisite.
However, if a candidate has done some work in this area that would definitely be advantageous.
The ideal candidate must come from a good pedigree law firm or a well known financial institution.
The role will involve drafting, negotiating and maintaining prime brokerage, cash equities, securities lending and repurchase related agreements, including the drafting of bespoke terms to address particular counterparty concerns (e.g. activist hedge funds), for both the local and international platforms. This may include Prime Brokerage Agreements, ISDA Masters Agreements/CSAs, GMRAs, Global Swap Agreements, Account Control Agreements and related documentation, as well as other financing and trading products documentation.