We are looking for an OTC Derivatives Lawyer/Documentation Specialist to handle Jane Street’s global OTC derivatives confirmations review process. In this role, you’ll collaborate closely with our internal Legal, Operations, and Trading teams—and liaise directly with external counterparties—to facilitate prompt, accurate reviews and negotiations of trade confirmations and related documentation. While you’ll be based in New York, your daily work will cover activity across our global offices in New York, London, and Hong Kong.
Additional responsibilities of this role will include:
- Drafting, reviewing, and negotiating confirmations for equity, FX, and interest rate derivatives
- Managing a system for tracking OTC derivatives documentation across all Jane Street offices
- Working with our Legal and Trading teams to create, maintain, and update confirmation templates, and identifying the appropriate confirmation template for each trade
- Assisting with legal review of trade confirmations
- Comparing terms and identifying discrepancies to ensure accuracy and consistency
- Sending comments to counterparties and negotiating as needed
- Monitoring communications with counterparties and acting as a point of contact for the desk, Legal, and counterparties
- Following up to have negotiated confirmations reissued where appropriate
- Checking coverage under existing master confirmation agreements
- Obtaining signatures and collecting and returning fully executed copies to and from counterparties
- Matching counterparty questionnaires on IHS Markit
- Documenting and improving processes to maximize efficiency across teams
- Have 5+ years of experience working as a negotiator in financial services, or in-depth relevant experience over a shorter period (having a JD is preferred but not required)
- Deeply familiar with master documentation governing OTC derivatives, including: the Equity Derivatives Definitions, Interest Rate Derivatives Definitions, and the FX and Currency Option Definitions, as well as Master Confirmations and Long Form Confirmations
- Organized with exceptional attention to detail and accuracy
- Strong written and verbal communicator
- Self-motivated professional who is process orientated and has a proven ability to design and implement organizational systems that drive efficiency
- Reliable, positive, dedicated, and flexible team player
- Have a strong client service and teamwork mentality
- Able to handle competing priorities and work effectively in a fast-paced environment
If you're a recruiting agency and want to partner with us, please reach out to [email protected].
Similar Jobs
What We Do
Jane Street works differently. As a liquidity provider and market maker, we trade on more than 200 trading venues across 45 countries and help form the backbone of global markets. Our approach is rooted in technology and rigorous quantitative analysis, but our success is driven by our people. Our bright, beautiful offices in the heart of New York, London, Hong Kong, and Amsterdam are open and buzzing with conversation. We come from many backgrounds and encourage travel between offices to share perspectives. Some of our best ideas come from bumping into a visiting colleague at the office coffee bar. Markets move fast. Staying competitive as we’ve grown has required constant invention—of new trading strategies, technology, and processes. We’ve found this is easier when you hire humble, kind people. They tend to help each other, and prioritize teamwork over titles. We invest heavily in teaching and training. There’s a library and a classroom in every office, because deepening your understanding of something is considered real work. Guest lectures, classes, and conferences round out the intellectual exchanges that happen every day. People grow into long careers at Jane Street because there are always new and interesting problems to solve, systems to build, and theories to test. More than twenty years after our founding, it still feels like we’re just getting started.
