Counsel-Trading & Regulatory Derivatives and Financial Products
ameriprise
Minneapolis, MN
We are seeking a highly skilled and experienced attorney to join our Legal Department, specializing in trading documentation and U.S. financial regulation. This role will support the firm’s trading activities across derivatives, securities lending, repurchase transactions and financing transactions, including ISDA Master Agreements, MSFTAs, futures, options, and related documentation. The ideal candidate will also provide legal guidance on compliance with applicable U.S. regulatory frameworks including Dodd-Frank, SEC, CFTC, and other relevant rules. The role is located in the US, however the team is global with colleagues in Europe and Asia.
Key Responsibilities:
Documentation & Negotiation
Draft, negotiate, and review trading agreements including:
• ISDA Master Agreements and Credit Support Annexes (CSAs).
• Master Securities Forward Transaction Agreements (MSFTAs).
• Futures and options clearing agreements.
• Prime brokerage, repurchase agreements (MRAs/GMRAs) and securities lending agreements (GMSLAs).
• Execution agreements.
• Coordinate with internal stakeholders (trading, risk, compliance, operations) and external counterparties to ensure timely execution and alignment with firm policies.
• Ensure trading agreements are compliant with the regulatory and legal framework applicable to a particular client type and jurisdiction.
Regulatory Advisory
Advise on U.S. regulatory requirements impacting trading activities, including:
• Dodd-Frank Title VII (swap dealer rules, margin requirements).
• SEC and CFTC regulations.
• EMIR, UMR (including initial and variation margin rules) and other cross-border regulatory frameworks as applicable.
• Monitor regulatory developments and assess impact on trading documentation and practices within the U.S as well as their cross-jurisdictional scope and implication.
Risk & Compliance
• Support onboarding of clients with counterparty banks and ensure sufficient number of counterparties for launch.
• Review netting and collateral enforceability opinions.
• Ensure compliance with key regulatory developments in the derivatives, repurchase transactions and trading space
• Ensure documentation aligns with internal risk policies, regulatory obligations and client-type specific requirements.
Strategic Legal Support
• Provide legal input on new product launches and trading strategies.
• Maintain and update legal templates, playbooks, and negotiation guidelines.
• Participate in internal training and knowledge-sharing initiatives.
Required Qualifications:
• Juris Doctor (JD) from an accredited law school; active bar membership in good standing.
• Minimum 5–8 years of experience in a law firm or in-house legal department at a financial institution.
• Deep understanding of derivatives and trading documentation, including ISDA, MSFTA, and futures/options agreements/OTC clearing addendums.
• Strong knowledge of U.S. financial regulatory landscape (SEC, CFTC, Dodd-Frank).
• Excellent negotiation, drafting, and communication skills.
• Ability to manage multiple complex transactions and work collaboratively across teams.
• Experience with fund structures and cross-border documentation is a plus.
Preferred Qualifications:
• Familiarity with collateral mechanics, margin rules, and netting provisions.
• Experience with trading platforms and contract lifecycle management tools.
• Having knowledge of or exposure to regulatory considerations in relation to cross border transactions is a plus.
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
About the Company
ameriprise
About Ameriprise Financial
Ameriprise Financial combines a team-based atmosphere with an entrepreneurial spirit. We are an organization that emphasizes learning and growth, rewards you for your achievements and fosters a healthy work/life balance.
From our Minneapolis headquarters throughout our offices nationwide, you'll find we live our values every day — client focused, integrity always, excellence in all we do and respect for individuals and communities. We embrace diversity in our ideas, management, employee groups and clients.
Our Investment in You
We provide employees and branch advisors with competitive compensation and rewards. Our comprehensive benefits support your health and help you balance your career and personal life. Ameriprise invests in you through compensation, retirement savings, health benefits, wellness programs, work/life balance programs, veteran benefits, etc.
Your Career at Ameriprise
When you join our corporate team, you receive competitive compensation and incentives, opportunities to share in the company's success plus comprehensive benefits. Our employees also enjoy business resource networks, transportation assistance, community service opportunities, and an on-site cafeteria.
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Thrive in a Respectful, Supportive Environment
We have a diverse, values-based culture that embraces individual differences and encourages you to perform at your peak. We recognize your achievements and understand that work is one of the many important aspects in your life. While maintaining respect for that life balance, we help you advance your career and reach your goals.
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Build a Career that Matters to You
At Ameriprise Financial, we believe that learning is a lifelong endeavor. No matter where you are in your career path, we encourage all employees to take advantage of our professional development programs, offered in a variety of ways. Learn on your own, collaborate with a peer or work with an experienced colleague. Whatever your learning style, Ameriprise gives you the opportunity to reach your potential.
Being an Ameriprise Advisor
Join a strong, ethical company that offers you what you need to build a rewarding career as a financial advisor: Culture & Commitment, Dedication & Support, and Opportunity & Rewards. Ameriprise is committed to helping you achieve the vision you have for your practice. With training in financial planning and the backing of a strong, stable FORTUNE 500® company, you’ll discover unparalleled culture, support, and opportunities to build a successful practice. That’s the Ameriprise Difference.
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Opportunities for Students
Join an inclusive team to gain career-building skills and network in a supportive, high-energy, team-based atmosphere. Learn through real-world work and collaboration with leaders on projects that produce results through our Internship Program or gain valuable professional experience and build leadership skills through our full-time Leadership Development Program. You’ll also engage in team-building/social events, volunteer activities, executive leadership seminars, and networking opportunities.