Full-Time

Legal Counsel

Confirmed live in the last 24 hours

MarketAxess

MarketAxess

501-1,000 employees

Institutional electronic trading platform for fixed-income

Data & Analytics
Financial Services

Mid

London, UK

Employees work in the office 4 days a week.

Category
Legal
Legal & Compliance
Required Skills
Salesforce
Requirements
  • Mid level UK/ Common law qualified lawyer with some experience of working without close supervision
  • In house experience strongly preferred
  • Experience in drafting and negotiating commercial contracts without close supervision (data or software in particular) governed by English law or other common law jurisdiction required
  • Experience in drafting employment agreements and in-house employment matters preferred
  • Corporate / technology experience preferred
  • An understanding of privacy law and outsourcing rules in the EU or UK, sufficient to incorporate into contracts and understand client queries, is strongly preferred
  • Strong written and verbal skills, ability to communicate efficiently and succinctly
  • Excellent grammatical and drafting skills
  • An enjoyment of contract drafting and interest in the law, attention to detail
  • Organised, highly efficient, diligent and ability to prioritise pro-actively [and with remote management]
  • Ability and/ or willingness to work with software that supports the business such as Salesforce, CRM tools, contract management software
  • 100% Reliable and responsive. Self starter with ability to pro-actively manage own workload and operate without constant supervision
  • Willing to do all levels of work in a cooperative small team ‘all hands on deck’ environment
  • Ability to challenge robustly and to think independently
  • In addition to English – fluency in any of German or French is useful but not essential.
Responsibilities
  • Being first point of contact in contractual processes and vendor management, asking initial questions and working with internal stakeholders to understand the types of services, and identify any legal and regulatory implications, outsourcing, privacy, intellectual property, liability, insurance, employment etc and to proactively manage to resolution as necessary
  • Advising, negotiating and drafting commercial contracts for a wide range of services, both incoming and outgoing, such as vendor agreements, software license agreements, data contracts, client agreements and amendments for new products and customers, standard terms of business, intra group agreements and NDAs
  • Review and possible renegotiation of existing contracts due to new regulatory obligations imposed pursuant to the forthcoming Digital Operational Resilience Act
  • The candidate will be expected to take on primary responsibility for drafting and negotiating such agreements, and representing the company on commercial negotiations, and proactively managing the negotiations through to execution of the contract, with minimal supervision and escalating as appropriate
  • Managing high volume contractual workflow and demand for legal support, by regular interaction with the business
  • Liaising with the internal HR team as the first point of contact for employment related queries and first drafts of agreement (with supervision); and
  • Ensuring proper distribution of executed agreements
  • Assisting with company secretarial work and liaising with EU Finance team on ad hoc matters

MarketAxess operates an electronic trading platform focused on fixed-income markets, allowing institutions to trade bonds more efficiently. The platform connects over 2,000 firms, including major asset managers and broker-dealers, who use its patented technology to enhance liquidity and improve execution quality. A key feature is the Open Trading™ marketplace, which facilitates all-to-all trading, creating a diverse liquidity pool for various credit market participants. Additionally, MarketAxess provides automated trading solutions, market data products, and pre- and post-trade services, leveraging its extensive data resources. Unlike competitors, MarketAxess emphasizes a unique trading environment that fosters collaboration among market participants. The company's goal is to deliver significant cost savings and better trading outcomes for its clients in the global fixed-income market.

Company Stage

IPO

Total Funding

$41.1K

Headquarters

New York City, New York

Founded

2000

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • The appointment of experienced leaders like John Maggiacomo and Dan Burke is likely to drive strategic growth and deepen client relationships.
  • Significant investments, such as the $1.12 million from Significant Wealth Partners LLC, indicate strong market confidence in MarketAxess.
  • The successful execution of the first Casada trade via RFQ and the launch of Open Trading® for emerging market bonds position MarketAxess as a pioneer in electronic fixed-income trading.

What critics are saying

  • The fixed-income trading market is highly competitive, with significant pressure from other electronic trading platforms.
  • Frequent leadership changes, such as the recent appointment of a new CFO, can lead to strategic instability and operational disruptions.

What makes MarketAxess unique

  • MarketAxess is a leading electronic trading platform specifically focused on fixed-income securities, unlike broader financial trading platforms.
  • The company's recent expansion into emerging markets and local currency bonds highlights its commitment to diversifying its product offerings.
  • MarketAxess's introduction of the Casada trade via RFQ protocol demonstrates its innovative approach to enhancing liquidity and transparency in the fixed-income market.

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