# Legal Counsel, Regulatory **Company**: The London Metal Exchange (LME) **Location**: London **Experience**: senior **Job type**: permanent **Category**: Legal **Industry**: Finance **Apply**: https://hkex.wd3.myworkdayjobs.com/en-US/HKEXCareerPage/job/UK-London/Legal-Counsel--Regulatory_R004452?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply **Canonical**: https://yubhub.co/jobs/job_c4553300-116 ## Description This role is a rare opportunity for an ambitious lawyer to work as a regulatory legal counsel for The London Metal Exchange (LME), the world’s leading industrial metals marketplace which sets global reference prices. You will join the LME’s regulatory (legal) team as an AVP, working alongside the team manager and ultimately the General Counsel, to deliver robust and practical legal advice across the whole organisation. **Responsibilities** - Provide regulatory advice, both independently and as part of a team, in relation to the LME’s products and services. - Work collaboratively with different businesses across the LME - including Trading and Business Development, Market Surveillance, Market Access, Market Structure, Market Data and Regulatory & Compliance – to deliver practical, clear and sound legal advice. - Advise on key regulatory change programmes impacting the commodity derivatives regulatory framework. - Research and analyse specific legal points on a broad variety of regulatory, public law and LME Rules issues. - Proactive monitor legal and regulatory developments, assess their impact on the LME, and draft responses to public consultations in conjunction with relevant internal stakeholders and the Corporate Communications team. - Support the development of new products/projects/initiatives, including defining the legal requirements, advising the business with potential legal risks and the drafting relevant legal documentation. - Responding to queries from members of the LME on the LME rules and other matters. - Managing external counsel with a view to obtaining optimal service whilst controlling costs. **Academic and Professional Qualifications Required** - A solicitor admitted in England & Wales or holding a Scottish or foreign jurisdiction equivalent. - The legal counsel is likely to have 1 to 5 years of post-qualification experience, but candidates outside of this range are encouraged to apply. - The ideal candidate will have worked for a city law firm in the UK or a reputable law firm in a foreign jurisdiction and/or in-house at a financial services firm (including but not limited to banks, investment firms and financial market infrastructure), and/or a trade body or regulator advising on wholesale financial regulation in the UK or in an equivalent foreign jurisdiction. **Required Knowledge** - Basic knowledge of UK financial services law. - Experience of legal research, analysis and problem solving. - Strong drafting and communication skills with the ability to communicate complex legal issues clearly to non-legal stakeholders. - A commercial mindset – capable of bringing sound judgment and a reasoned approach to legal risk. - Experience of drafting both agreements and legal advice. - Ability to work autonomously, knowing to escalate issues where required. **Desirable Knowledge** - Understanding of the commercial, legal and regulatory environment in which the LME Group (and in particular the LME) operates would be advantageous. - An understanding of financial markets, and in particular, commodities trading (physical or financial) would also be advantageous. - Experience with financial services regulations such as UK MIFID/MIFIR, FSMA and UK BMR, as well as having some understanding of UK public law, would be ideal. **Skills set and Core Competencies Required for Role** - Agile mind-set and openness to build and develop new subject matter expertise in parallel with business needs and growth. - Ability to learn quickly. - Excellent attention to detail. - Good judgement. - Excellent interpersonal skills and team player. - Excellent communication skills at all levels of seniority and the ability to influence decisions. - Ability to work well in a dynamic team, whilst carrying out tasks autonomously. - Ability to prioritise work and to manage expectations. - Excellent drafting skills. - Ability to work well with the business in a commercial manner, while managing and mitigating risk. ## Skills ### Required - UK financial services law - legal research - analysis - problem solving - drafting - communication ### Nice to have - financial markets - commodities trading - UK MIFID/MIFIR - FSMA - UK BMR - public law --- Source: [Apply at hkex.wd3.myworkdayjobs.com](https://hkex.wd3.myworkdayjobs.com/en-US/HKEXCareerPage/job/UK-London/Legal-Counsel--Regulatory_R004452?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)