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Job Details

Jane Street logo
Proprietary Trading

OTC Derivatives Documentation Specialist

at Jane Street

ExperiencedNo visa sponsorship

Posted 4 days ago

0 views

The OTC Derivatives Documentation Specialist will manage and negotiate OTC derivatives trade confirmations and related documentation across global offices. They will collaborate with internal teams and external counterparties to ensure accurate, timely processing and continuous process improvement.

Compensation
Not specified

Currency: Not specified

City
New York, London, Hong Kong
Country
United States, United Kingdom, Hong Kong

Full Job Description

About the Position

We are looking for an OTC Derivatives Lawyer/Documentation Specialist to handle Jane Street’s global OTC derivatives confirmations review process. In this role, you’ll collaborate closely with our internal Legal, Operations, and Trading teams—and liaise directly with external counterparties—to facilitate prompt, accurate reviews and negotiations of trade confirmations and related documentation. While you’ll be based in New York, your daily work will cover activity across our global offices in New York, London, and Hong Kong.

Additional responsibilities of this role will include:

  • Drafting, reviewing, and negotiating confirmations for equity, FX, and interest rate derivatives
  • Managing a system for tracking OTC derivatives documentation across all Jane Street offices
  • Working with our Legal and Trading teams to create, maintain, and update confirmation templates, and identifying the appropriate confirmation template for each trade
  • Assisting with legal review of trade confirmations
  • Comparing terms and identifying discrepancies to ensure accuracy and consistency
  • Sending comments to counterparties and negotiating as needed
  • Monitoring communications with counterparties and acting as a point of contact for the desk, Legal, and counterparties
  • Following up to have negotiated confirmations reissued where appropriate
  • Checking coverage under existing master confirmation agreements
  • Obtaining signatures and collecting and returning fully executed copies to and from counterparties
  • Matching counterparty questionnaires on IHS Markit
  • Documenting and improving processes to maximize efficiency across teams

About You

  • Have 5+ years of experience working as a negotiator in financial services, or in-depth relevant experience over a shorter period (having a JD is preferred but not required)
  • Deeply familiar with master documentation governing OTC derivatives, including: the Equity Derivatives Definitions, Interest Rate Derivatives Definitions, and the FX and Currency Option Definitions, as well as Master Confirmations and Long Form Confirmations
  • Organized with exceptional attention to detail and accuracy
  • Strong written and verbal communicator
  • Self-motivated professional who is process orientated and has a proven ability to design and implement organizational systems that drive efficiency
  • Reliable, positive, dedicated, and flexible team player
  • Have a strong client service and teamwork mentality
  • Able to handle competing priorities and work effectively in a fast-paced environment

If you're a recruiting agency and want to partner with us, please reach out to agency-partnerships@janestreet.com.

Job Details

Jane Street logo
Proprietary Trading

4 days ago

0 views

OTC Derivatives Documentation Specialist

at Jane Street

ExperiencedNo visa sponsorship

Not specified

Currency not set

City: New York, London, Hong Kong

Country: United States, United Kingdom, Hong Kong

The OTC Derivatives Documentation Specialist will manage and negotiate OTC derivatives trade confirmations and related documentation across global offices. They will collaborate with internal teams and external counterparties to ensure accurate, timely processing and continuous process improvement.

Full Job Description

About the Position

We are looking for an OTC Derivatives Lawyer/Documentation Specialist to handle Jane Street’s global OTC derivatives confirmations review process. In this role, you’ll collaborate closely with our internal Legal, Operations, and Trading teams—and liaise directly with external counterparties—to facilitate prompt, accurate reviews and negotiations of trade confirmations and related documentation. While you’ll be based in New York, your daily work will cover activity across our global offices in New York, London, and Hong Kong.

Additional responsibilities of this role will include:

  • Drafting, reviewing, and negotiating confirmations for equity, FX, and interest rate derivatives
  • Managing a system for tracking OTC derivatives documentation across all Jane Street offices
  • Working with our Legal and Trading teams to create, maintain, and update confirmation templates, and identifying the appropriate confirmation template for each trade
  • Assisting with legal review of trade confirmations
  • Comparing terms and identifying discrepancies to ensure accuracy and consistency
  • Sending comments to counterparties and negotiating as needed
  • Monitoring communications with counterparties and acting as a point of contact for the desk, Legal, and counterparties
  • Following up to have negotiated confirmations reissued where appropriate
  • Checking coverage under existing master confirmation agreements
  • Obtaining signatures and collecting and returning fully executed copies to and from counterparties
  • Matching counterparty questionnaires on IHS Markit
  • Documenting and improving processes to maximize efficiency across teams

About You

  • Have 5+ years of experience working as a negotiator in financial services, or in-depth relevant experience over a shorter period (having a JD is preferred but not required)
  • Deeply familiar with master documentation governing OTC derivatives, including: the Equity Derivatives Definitions, Interest Rate Derivatives Definitions, and the FX and Currency Option Definitions, as well as Master Confirmations and Long Form Confirmations
  • Organized with exceptional attention to detail and accuracy
  • Strong written and verbal communicator
  • Self-motivated professional who is process orientated and has a proven ability to design and implement organizational systems that drive efficiency
  • Reliable, positive, dedicated, and flexible team player
  • Have a strong client service and teamwork mentality
  • Able to handle competing priorities and work effectively in a fast-paced environment

If you're a recruiting agency and want to partner with us, please reach out to agency-partnerships@janestreet.com.