Job Description Senior Legal Counsel – Contracts Location: London, Norges Bank Investment Management Vacancy Type: Permanent, Full-time NBIM Legal & Tax is NBIM’s centralised legal function. It assists and advises all NBIM business areas on their legal and tax requirements in respect of NBIM’s organisation and its investment activities. The Contracts team is the area within NBIM Legal & Tax providing legal support across a broad range of contract and transaction types, including derivatives, repurchase agreements, securities lending, custody, prime brokerage, and external investment management. The Contracts team also advises on data, technology, and service contracts. NBIM is seeking a Senior Legal Counsel with strong derivatives and securities financing experience to join the Contracts team in NBIM Legal & Tax. The position will be based in London and will report to the Head of the Contracts team in Legal & Tax. Travel will be required at times. Provide legal support to investment, operations, risk and other teams regarding derivatives and repo transactions. Negotiate and advise on ISDA Master Agreements, Credit Support Annexes/Deeds, and other derivatives trading and collateral documentation (cleared and bilateral), including netting agreements and default issues. Advise on the regulatory framework relevant to derivatives, repo, and securities financing activity. Manage and mandate external legal advisors. Input to internal investment memoranda and monitor legal look-out functions; contribute to internal policies, guidelines, and procedures relevant to derivatives, repo, and securities financing activity. Contribute to integration of AI and new technologies in work processes to enhance quality and efficiency. Support in connection with internal and external audit processes and legal questions relating to the mandate and provide legal input in connection with exploring new markets. You will be part of a specialised team while contributing to the broader Legal & Tax function, sharing expertise and insights across the organization. A law degree with good academic record from a university in UK or US. Minimum 8 years’ experience negotiating and advising on derivatives documentation, including ISDA Master Agreements and netting agreements. Solid understanding of the regulatory framework governing derivatives and securities financing transactions. Proficiency in written and spoken English. We think you are a driven, proactive, and intellectually curious individual who’s striving for continuous improvement, and who can deliver high quality work under pressure. You are professional, motivated, independent, structured, accurate, able to adapt communication style to the audience and to communicate complex legal issues and concepts clearly and simply to a non-legal audience. You have a commercial mindset and can make yourself relevant to stakeholders and teams. Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. We prioritize wellbeing, supporting both ourselves and our colleagues. We aim to increase the share of women to exceed or match the industry average across all functions. If you feel you are a suitable candidate and would like to work for Norges Bank Investment Management, please click apply to be redirected to our website to complete your application.
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Norges Bank Investment Management Recruitment Team
