Associate, Global Markets (Derivatives)

About AshurstAshurst is a leading progressive global law firm with a rich history spanning more than 200 years. We are proud of our history and are future-focused, having expanded into new technologies through our NewLaw division, Ashurst Advance, and our consulting arm. Our in-depth understanding of our clients and commitment to providing excellent standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit www.ashurst.com . Team overviewThe Ashurst Derivatives & Structured Products team is led by Julia Lu in New York who is recognised as a market expert. The Derivatives team as a whole is rated Tier 1 by Legal 500. It's a strong and tightly-knit team, and one that is keen to grow further, building on a successful track record. The team has fantastic clients, including a range of major investment banks and funds and operates at the top of its market with a broad product offering, including OTC derivatives across all asset classes, securitised product issuances and platforms, repo, securities lending and related activities, asset repackaging and collateralised financing structures, digital assets and fintech and capital- and liquidity-driven transaction. Those products can be complex, and they are constantly evolving to respond to market changes. In addition to transactional work, and given the dense legal and regulatory environment in which we operate, there is a strong advisory and analytical component to what we do. Successful applicants will have a balance of attributes to meet these demands, will need to be intellectually curious and business-minded and above all will need to relish the challenge. They will be strongly supported by senior lawyers, by an extensive training programme, by IT, automation and newlaw resources and by a dedicated legal expertise function. Job overviewWorking as part of a team, you will act on all elements of a deal from term sheet stage, through negotiation of transaction documents to closing and post-closing. Alternatively, if the brief is advisory, you will look to analyse the issue, drawing on the Firm's expertise resources, and prepare initial views and advice before engaging with senior colleagues. In either case you will interact with clients and with colleagues from the globe and across the Firm, and will need to be responsive to client needs and open to opportunities to grow your expertise and the business as a whole. Main TasksDrafting of legal documents and agreements;Review of legal documents and agreements;Contributing to department know-how;Advising clients and preparing formal legal opinions;Leading negotiations with counter parts; andMatter completion and post-closing work Essential skills and experienceMid-level New York qualified derivatives lawyer who has experience in credit derivatives and structured credit transactions and US regulatory regime and bankruptcy issues in derivatives, digital assets and related transactions and activitiesGood organisational skills and experience in transaction managementExcellent academic track recordExperience of cross-border workExcellent client relationship skills and experience of business developmentAttention to detail Career advancementAn established Associate Career Path Framework is in place clearly defining expectations and outlining opportunities for promotion. Secondment opportunitiesOpportunities often arise for associates to spend time on secondment in house with a key client of the firm. From time to time, secondment opportunities also come up within other Ashurst offices in Europe, North America, Asia and Australia. Background checksIn order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks. These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations. AccessibilityWe are committed to making all stages of our recruitment process accessible to candidates with disabilities or long-term health conditions. If you consider yourself to have a disability or a long-term health condition, please feel able to be open about this at any point during the recruitment process. If you are not sure what adjustments you require, we will work with you to establish the most suitable adjustments at each stage of the recruitment process. Please note that our online application form includes a section which allows you to advise us of any extenuating circumstances that are relevant for us to consider when reviewing your application form. Any information disclosed on your disability will remain strictly confidential and please contact us if you have any questions. LI-HYBRID