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Legal Counsel

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CMC Markets

2mo ago

  • Job
    Full-time
    Mid-level (3-4 years)
  • London
  • Quick Apply

AI generated summary

  • You should have strong legal expertise, excellent communication skills, and experience in financial services or related sectors. Familiarity with regulatory compliance is essential.
  • You will provide legal advice, draft and review contracts, ensure compliance, manage disputes, and support business initiatives while mitigating legal risks.

Requirements

  • 3PQE+ solicitor qualified in England and Wales. Solicitors that have qualified in other jurisdictions will be considered if they can demonstrate a commitment to qualify to practice as a solicitor in England and Wales and have the necessary experience
  • Prior litigation / dispute resolution experience or data privacy experience
  • Excellent written and oral communication skills with the ability to communicate complex legal issues in a concise manner.
  • Excellent organisation, analytical and negotiation skills.
  • Ability to work well autonomously and as part of a team, assuming managerial responsibilities where appropriate

Responsibilities

  • - Assisting the Head of Legal, Senior Legal Counsel and the wider Senior Management Team to deliver CMC Markets’ objectives
  • - Specific provision of litigation / dispute resolution advice or data privacy advice to relevant internal teams
  • - Drafting and negotiating a wide variety of commercial and other types of contracts, including: CMC’s client-facing terms of business; general IT contracts (including software licenses, cloud services and SaaS contracts); general marketing contracts (including sponsorship and event contracts); outsourcing contracts; market data agreements; a broad range of institutional / partner agreements; prime brokerage documents (including ISDAs); property agreements (leases and licenses); engagement letters for external advisers (e.g. in relation to finance / tax); and financing agreements (e.g. facility agreements)
  • - Making a significant contribution to the provision of a high-quality legal service to the CMC business
  • - Demonstrating strong teamworking skills and liaising with global legal colleagues in Europe and Australia to ensure important information is shared
  • - Adept at monitoring, tracking and flagging key legal / commercial risks as they arise on various matters
  • - Monitoring legal updates and sharing relevant information with other Legal Team members
  • - Identifying and actioning key process, procedure and systems improvements within the Legal Team
  • - Embracing new challenges and adopting a growth mindset regarding continuous professional development
  • - Undertaking other duties as may reasonably be required and which are consistent with the general level of responsibility of this role
  • - Assisting the Compliance Team with responses to complaints, financial promotions, regulatory issues and rule changes that may affect CMC’s business
  • - Reviewing marketing content in conjunction with the Compliance Team
  • - Assisting the Operations Team with any project work relating to the CMC trading platform
  • - Assisting the Institutional Team by preparing agreements and updating global legal advice and due diligence
  • - Providing legal support and advice to CMC’s overseas branches and offices
  • - Ensuring that changes to CMC’s terms of business globally are compliant with both local regulation and the law
  • - Assisting with the expansion of CMC’s global businesses and cross border considerations, such as new office openings
  • - Ensuring CMC’s intellectual property rights around the world are protected and taking necessary action to prevent IP infringements
  • - To ensure that legal risk is fully mitigated and that legal issues are always addressed in accordance with best practice
  • - To manage external advisers to best effect, keeping costs to a minimum, though without compromising the quality of legal advice received
  • - To have a thorough understanding of the financial services industry and its issues, including legal developments that relate to CMC’s business
  • - Maintaining personal and professional development to meet the changing demands of the role, including all relevant regulatory and legislative training
  • - When dealing with customers, clients or colleagues, ensuring that we provide a clear, fair and consistent high quality service that presents a professional and positive image of CMC Markets
  • - Taking all reasonable steps to ensure appropriate confidentiality
  • - Undertaking such other duties, training and/or hours of work as may reasonably be required and which are consistent with the general level of responsibility for this role.

FAQs

What is the primary purpose of the Legal Counsel role at CMC Markets?

The primary purpose of the Legal Counsel role is to assist the Head of Legal, Senior Legal Counsel, and the wider Senior Management Team in delivering CMC Markets' objectives by providing legal support in areas such as litigation, dispute resolution, data privacy, and drafting and negotiating various contracts.

What are the key responsibilities of the Legal Counsel?

Key responsibilities include providing high-quality legal services, drafting and negotiating contracts, supporting other departments like Compliance and Operations, providing legal advice for international branches, and managing legal risk while ensuring compliance with regulations and best practices.

What qualifications are required for this Legal Counsel position?

Candidates must have at least 3 years of post-qualification experience (PQE) as a solicitor qualified in England and Wales. Solicitors qualified in other jurisdictions may also be considered if they can demonstrate a commitment to qualify in England and Wales and possess relevant experience.

What specific areas of law should candidates be experienced in?

Candidates should have prior experience in litigation, dispute resolution, or data privacy, as well as a thorough understanding of the financial services industry and related legal developments.

How important are communication skills for this role?

Excellent written and oral communication skills are crucial, as the role involves explaining complex legal issues concisely to clients, colleagues, and other stakeholders.

What kind of team dynamics should a candidate expect in this role?

Candidates should expect to work both autonomously and as part of a team, demonstrating strong teamwork skills and liaising with global legal colleagues to share important information and manage legal/commercial risks effectively.

Are there opportunities for professional development within this role?

Yes, the role emphasizes continuous professional development, encouraging candidates to embrace new challenges and pursue relevant regulatory and legislative training to meet the changing demands of the position.

What kind of legal documents will the Legal Counsel be drafting and negotiating?

The Legal Counsel will draft and negotiate a wide variety of documents, including client-facing terms of business, IT contracts, marketing contracts, outsourcing agreements, prime brokerage documents, property agreements, and financing agreements.

How does this role support CMC Markets' international operations?

The Legal Counsel provides legal support and advice to CMC's overseas branches, ensures compliance of global terms with local regulations, assists with business expansions, and protects intellectual property rights globally.

Does CMC Markets promote diversity and equal opportunity in its hiring process?

Yes, CMC Markets is an equal opportunities employer and actively encourages applications from qualified and eligible candidates regardless of gender, sexual orientation, marital status, race, nationality, religion, disability, or age.

CMC Markets

Realise your potential

Finance
Industry
501-1000
Employees
1989
Founded Year

Mission & Purpose

CMC Markets is a global financial services provider specialising in online trading and investment. The company offers a wide range of financial products, including contracts for difference (CFDs), spread betting, and traditional share trading. CMC Markets' mission is to empower individuals to take control of their financial futures by providing them with innovative trading platforms, comprehensive market analysis, and access to a diverse range of global markets. Their purpose is to democratise financial markets and make trading accessible to all, regardless of their experience or location. CMC Markets aims to provide traders and investors with the tools and resources they need to make informed decisions and achieve their financial goals. With a strong commitment to technology, education, and customer support, CMC Markets strives to be a trusted partner in the financial industry.