Senior Legal Counsel, Commodities, Global Markets.

Job Summary

Join our London Team and apply on "Senior Legal Counsel" role.

The role holder will be:

• Provide legal and documentation support to Global Markets globally, with a specific focus on Commodities.
• Support the Group’s strategic objectives for Commodities, including derivatives, trading, physicals and financing activity.
• Provide legal support for carbon, emissions, ESG‑related Global Markets products and new initiatives relating to Global Markets Commodities.

Key Responsibilities

Legal support for Global Markets Commodities

• Provide general and transactional legal advice for Global Markets Commodities and Global Markets more broadly.
• Lead legal advice, guidance and support to business units and stakeholders on matters relating to Global Markets Commodities, working with regional Markets Legal teams.
• Work with Financial Markets Contracts to develop and maintain playbooks for EFET Master Agreements, support negotiations and related processes, including netting opinion reviews.
• Negotiate and complete transaction documentation, and review, maintain and manage documentation templates, automation and the Commodities Legal SharePoint know‑how repository.
• Provide training on legal and documentation matters, policies and procedures, and provide required legal review and sign‑off.
• Liaise with external counsel, country legal teams and compliance colleagues as required.

Identification and mitigation of legal risks

• Determine the adequacy, validity and enforceability of contractual and collateral documentation.
• Manage documentation templates and contribute to legal knowledge management.
• Support review of, and compliance with, relevant policies and procedures.
• Assist with process governance, operational risk management and client dispute resolution, where required.

New product development and roll‑out to new jurisdictions

• Review and provide legal sign‑offs for product and country governance documents.
• Design, develop and approve new product documentation and country‑specific documentation.
• Lead and coordinate with country legal and compliance teams on global roll‑out of new products.

Legal costs management and processes

• Control, monitor and report external legal spend and monitor the quality of services provided by external law firms.
• Provide non‑panel law firm approvals on a selective basis.
• Act as process owner for country processes owned by Markets Legal relating to Physical Commodities Solutions documentation.
• Manage relevant processes under the Group Operational Risk Framework and associated risks.

Skills and Experience

Must Have Skills

• Commodities Legal Advisory
• Transaction Documentation and Negotiation
• Legal Risk Management

Other Skills

• Product Governance
• Carbon / Emissions / ESG Product Knowledge
• Legal Knowledge ManagementProcess Governance and Operational Risk Awareness

Qualifications

Key Experience

• Experience providing legal support for Global Markets, Commodities, derivatives, trading, physical commodities, financing and/or ESG‑related products.
• Experience negotiating and managing transaction documentation, documentation templates and legal know‑how repositories.
• Experience advising on legal risk, product governance, country roll‑outs, operational risk processes and external counsel management.

Certifications / Qualifications

• Legal qualification required for the relevant jurisdiction.

Languages

• English

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time‑off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits.
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values‑driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies — everyone feels respected and can realise their full potential.