Derivatives Attorney

Job Description

Derivatives Attorney | Mizuho

The Tone:
This is a full-time hybrid role at Mizuho, located in New York, NY. Mizuho Financial Group is a leading global bank that offers comprehensive financial services across corporate and investment banking, capital markets, and derivatives. This position is vital for providing legal coverage and actively managing complex negotiations within the Mizuho Americas Markets Business, supporting fixed income sales and trading for corporate and private equity clients.

The TL;DR
• Role: Full Time
• Type: Hybrid
• Location: Hybrid, USA (New York), USA – New York City
• Pay: $160000–$200000 yearly
• Team: Derivatives team supporting the Mizuho Americas Markets Business across Rates, FX, Credit, Latam, and Risk Solutions Group.
• Mission: Provide comprehensive legal coverage for fixed income sales and trading, actively managing derivative agreement negotiations from inception to completion.

What You’ll Actually Do
• Legal Coverage: Provide comprehensive legal coverage for the fixed income sales and trading business, encompassing both macro and corporate client segments.
• Documentation Management: Draft, negotiate, and execute a range of master and collateral agreements, along with ancillary documentation, including IM and VM CSAs, FIA CDEAs, FX MCAs, and NDAs, actively managing these negotiations from their inception through to completion.
• Stakeholder Collaboration: Engage directly with clients and foster close partnerships with various internal teams and stakeholders, including credit risk, the sales and trading business, collateral management, treasury, tax, compliance, and client onboarding functions.
• Regulatory Advisory: Review and provide expert legal advice on critical regulatory documents such as Dodd Frank Protocols, Uncleared Margin Self-Disclosure Letters, Resolution Stay Protocols, and Delegated Reporting Agreements.
• Industry & Due Diligence: Maintain current knowledge of industry initiatives and regulatory updates, take ownership of capacity and authority checks, and conduct thorough due diligence regarding negotiations, with a specific focus on netting and collateral enforceability.

The Must-Haves
• Background: Juris Doctor or an equivalent law degree from an accredited institution. Member in good standing of the New York State Bar.
• Experience: 5+ years of relevant legal experience gained within a financial institution or a top-tier law firm.
• Skills: Expertise in drafting and negotiating master and collateral agreements (IM and VM CSAs, FIA CDEAs, FX MCAs, NDAs); proficiency with other industry master agreement documentation (MRA, GMRA, GMSLA, MSFTA); knowledge of loan-linked ISDA terms and associated credit agreements; ability to review and advise on Dodd Frank Protocols and related regulatory letters; familiarity with industry legal opinions.
• Bonus: Latin America experience and/or Spanish language skills are a plus.