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, Senior

London, UK

Employees work in the office 4 days a week.

Category
Legal
Legal & Compliance
Required Skills
Salesforce

You match the following MarketAxess's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
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
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
Desired Qualifications
  • Fluency in any of German or French is useful but not essential.

MarketAxess operates an electronic trading platform focused on the fixed-income market, 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 markets.

Company Size

501-1,000

Company Stage

IPO

Total Funding

$41.1K

Headquarters

New York City, New York

Founded

2000

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased electronic trading adoption in emerging markets expands MarketAxess' platform opportunities.
  • Advanced AI integration enhances execution quality and efficiency for MarketAxess.
  • Growing demand for green bonds opens new avenues for MarketAxess' fixed-income trading.

What critics are saying

  • New platforms with lower fees could erode MarketAxess' market share.
  • DeFi platforms threaten traditional trading by offering peer-to-peer trading without intermediaries.
  • Regulatory scrutiny may increase compliance costs and operational challenges for MarketAxess.

What makes MarketAxess unique

  • MarketAxess' Open Trading™ creates a unique liquidity pool for credit market participants.
  • The platform serves over 2,000 firms, including top asset managers and broker-dealers.
  • MarketAxess offers comprehensive pre- and post-trade services with extensive data resources.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Company Match

Employee Stock Purchase Plan

Wellness Program

Mental Health Support

Tuition Assistance and Professional Development

Onsite Healthcare

Generous Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
HR Tech Wire
Jan 28th, 2025
MarketAxess Elects Roberto Hoornweg to its Board of Directors

Most recently, Mr. Hoornweg was appointed the Co-Head, Corporate & Investment Banking at Standard Chartered in April 2024, after serving as Global Head of Financial Markets since January 2017.

ETF Daily News
Jan 16th, 2025
Pallas Capital Advisors LLC Makes New $258,000 Investment in MarketAxess Holdings Inc. (NASDAQ:MKTX)

Pallas Capital Advisors LLC makes new $258,000 investment in MarketAxess Holdings Inc. (NASDAQ:MKTX).

Asset Servicing Times
Jan 3rd, 2025
MarketAxess names McTernan Head of Post-trade

MarketAxess has promoted Jon McTernan to head of Post-Trade.

eFinancialCareers
Dec 10th, 2024
Ex-Barclays equities trading tech head joins electronic trading platform

Anand Varma has become MarketAxess' CIO for EMEA and APAC, and the platform's head of post-trade technology.

Traders Magazine
Nov 11th, 2024
ON THE MOVE: Prudential Financial Hires Jacques Chappuis; CME Extends Terry Duffy's Contract

McVey stepped down as CEO of MarketAxess in April 2023 after 23 years in that role, and has since been serving as Executive Chairman of the Board.