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Illinois

Northern Trust

Senior Legal Counsel, Asset Servicing/Capital Markets

As a member of Northern Trust's Legal Department, you will be responsible for providing high quality legal advice to our growing Capital Markets business in a manner consistent with our principles of service, expertise and integrity. You will work collaboratively with the Asst General Counsel and colleagues in Swaps & Derivatives, Treasury Management, Capital Markets, and Credit teams globally; Manage and maintain the periodic collateral enforceability and netting review process for the Bank's securities financing and derivatives transactions; Obtain, review and analyze netting and collateral enforceability legal opinions available through industry associations or bespoke opinions from local counsel associated with repo, stock lending and derivatives documentation; Draft, review and negotiate various legal agreements supporting new and existing lines of business across Capital Markets such as master repurchase agreements, master securities loan agreements and ISDA master agreements (including schedules and credit support annexes).