What you will do
As a Legal Counsel at Flow Traders, you will be deeply embedded into the business. You will gain extensive knowledge of our core business by partnering with key business units in Trading and Technology. You will also be in close contact with our Risk, Compliance and Business Development teams in Amsterdam as well as in New York, London, Milan, Paris, Singapore, Hong Kong and Cluj-Napoca.
In the first weeks you will be given the opportunity to understand the different parts of the company through our Flow Academy onboarding sessions. You will also see a variety of legal agreements ranging from authorized participant and market maker agreements to broker agreements. After a short period of time, you will be expected to work independently on reviewing and negotiating the agreements. You will be given the opportunity to deliver pragmatic and effective advice and solutions to the business directly yourself and work independently.
Your responsibilities will include:
A day in the life
The morning starts with catching up on e-mails that came in overnight from our offices in New York, London, Singapore and Hong Kong and some early emails that came in from our other European offices; these offices may need your legal assistance reviewing documentation and/or requesting specific advice for their business needs.
The rest of the day is different every day; one day you may be working on an authorized participant agreement and platform access documentation. Another day you may be reviewing a prime broker agreement, (reverse) give-up agreement and terms of business for the onboarding of counterparties and alike.
Before you start your review, you will have a chat with the relevant department(s) to clarify what type of relationship we, as Flow Traders, anticipate to set up, what the commercial drivers are and what the impact on the business is. You discuss with the business owner how to take this mutual work product forward. You have autonomy to guide that process in a manner that you feel is most efficient. This may be by setting up a call with the counterparty together with Trading, Risk or business development teams or any other way to get the envisaged relationship to the finish line.
In non-Covid-19 times, you may head to the gym or walk to the bar and have a drink or play some pool with your colleagues. Currently, these activities have been replaced by virtual team drinks, company-wide bingo, virtual cocktail sessions and many more.
What you need to succeed