At a Glance
- Tasks: Provide strategic legal support and advice across multiple business lines in a fast-paced environment.
- Company: Join a leading financial services firm with a global presence and dynamic culture.
- Benefits: Competitive salary, professional development, and opportunities for mentorship.
- Other info: Collaborative team environment with excellent career growth potential.
- Why this job: Make a real impact by advising on high-profile commercial transactions and negotiations.
- Qualifications: Qualified lawyer with 5+ years' experience in derivatives and financial services.
The predicted salary is between 72000 - 108000 £ per year.
We are seeking an experienced and commercially minded Senior Legal Counsel to join our Commercial Legal team on a permanent, full‑time basis. The team provides legal support to the European, Middle Eastern and APAC businesses of BGC, GFI, Aurel and Cantor Fitzgerald, as well as the global FENICS technology businesses. This is a senior, high‑profile position offering genuine global exposure, substantial responsibility, and regular interaction with senior management and business leaders. The successful candidate will play a key role in supporting and advising the firm’s agency brokerage businesses (primarily FX and cleared interest rate swaps) and prime brokerage desk (focusing on equity swaps and cash lending), as well as a range of other commercial workstreams across the group. The role requires a confident and adaptable lawyer who thrives in a fast‑paced environment, is able to manage competing priorities, and can deliver pragmatic, business‑focused advice under pressure.
Key Responsibilities
- Draft, review and negotiate a wide range of commercial and financial documentation, including:
- ISDA Master Agreements and related documentation for equity and FX swaps.
- Prime brokerage agreements for cash lending and collateralised products.
- Global Master Securities Lending Agreements (GMSLA) and Global Master Repurchase Agreements (GMRA).
- Cleared execution derivatives agreements, give-up agreements for FX, and account control or security documentation.
- Confidentiality agreements, intra‑group guarantees and other commercial contracts.
- Provide strategic legal and regulatory advice to senior stakeholders across multiple business lines.
- Partner closely with front and back office teams to ensure transactions are structured and executed in line with commercial and regulatory objectives.
- Lead negotiations with external counsel, counterparties and vendors where appropriate.
- Contribute to the continuous improvement of legal processes and documentation templates.
- Mentor and support junior team members where required.
Skills & Experience
- Qualified lawyer (England & Wales or Commonwealth jurisdiction).
- Minimum 5+ years’ PQE, with significant experience in derivatives, prime brokerage and/or structured financial products.
- Strong background in financial services, ideally gained in‑house within a major institution or from a leading private practice.
- Excellent understanding of ISDA documentation, collateral arrangements, and related regulatory frameworks (e.g., EMIR, MiFID II).
- Proven ability to manage complex negotiations and multiple stakeholders across regions.
Personal Attributes
- A confident, pragmatic self‑starter who can work independently and exercise sound judgement.
- Highly organised, responsive and capable of managing competing demands effectively.
- Strong interpersonal skills, able to build trust and credibility with business and control function stakeholders.
- Commercially astute with a solutions‑focused approach.
- Demonstrates leadership qualities and the ability to guide or mentor junior colleagues.
Client Focus & Communication
- Excellent written and verbal communication skills, with the ability to translate complex legal concepts into clear, practical guidance.
- Builds strong relationships across business, compliance, risk, and operations teams.
- Demonstrates an understanding of client objectives and delivers tailored, commercially relevant advice.
- Collaborative and supportive within the wider legal function, sharing expertise and best practice.
Senior Legal Counsel – Commercial employer: BGC Group
BGC Group is an excellent employer, offering a vibrant work culture in the heart of Canary Wharf, London, where innovation and collaboration thrive. Employees benefit from comprehensive training and development opportunities, ensuring personal and professional growth while working alongside industry experts in electronic trading. With a focus on fostering strong client relationships and a commitment to employee well-being, BGC Group stands out as a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Legal Counsel – Commercial
✨Get Involved in Law Societies
Join local law societies and attend their events – they're often a goldmine for networking and job opportunities in the legal field. Plus, it’s a great way to meet other budding lawyers and experienced solicitors who could provide vital insights and connections.
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✨Attend Career Fairs and Workshops
Look out for career fairs and workshops specifically focused on law. Many law firms, including BGC Group, will be scouting for fresh talent, so bring your A-game and don’t shy away from making a memorable impression.
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We think you need these skills to ace Senior Legal Counsel – Commercial
Some tips for your application 🫡
Highlight Your Legal Knowledge:When applying for a full-time role in legal services at BGC Group, make sure to demonstrate your understanding of key legal principles and areas of law relevant to the position. Include any specific coursework, modules, or certifications, like LPC or BPTC qualifications, that showcase your legal expertise directly on your CV.
Showcase Your Research Skills:In the legal field, strong research skills are crucial. Use your application to illustrate how you've utilised these skills in past studies or work experiences – whether that's through past internships or significant projects. Mention any legal databases or tools you’re proficient in, as this can give you an edge.
Tailor That Cover Letter!:Your cover letter is your chance to shine! Make it personal by expressing your genuine interest in BGC Group and the specific role of Senior Legal Counsel – Commercial. Talk about why you want to be part of their team, how your unique experiences align with their values, and why you’re passionate about the legal sector.
Stay Formal but Friendly:While we all know the legal world can be pretty formal, don’t be afraid to let a bit of personality shine through in your written application. Use a respectful tone, but feel free to inject a little warmth; this approach can help you stand out and show you're a great fit for BGC Group’s culture!
How to prepare for a job interview at BGC Group
✨Know Your Legal Principles
Brush up on foundational legal principles relevant to the specific area of law you’re applying for, whether it’s corporate, criminal, or family law. We might get asked situational questions to test your knowledge, so being articulate about key concepts will make you stand out.
✨Be Ready for Case Studies
Full-time legal roles often involve case studies during interviews. Prepare to analyse a hypothetical case and discuss your approach to it. Practising this with a peer or mentor can help us refine our reasoning and articulate a solid legal argument.
✨Show Off Your Research Skills
As legal professionals, strong research skills are a must. Have examples ready of how you've effectively used legal databases or conducted thorough legal research in your past experiences. It's a great way to demonstrate your readiness for the role at BGC Group.
✨Exude Professionalism and Confidence
In the legal field, professionalism is key. During the interview, we should maintain good eye contact and communicate clearly to show that we’re not just knowledgeable, but also confident. This can make a positive impression on your potential colleagues at BGC Group.