Assistant Vice President/Vice President (9 months contract), Equity Derivatives Counsel
Singapore, SG, 238891
Temasek is a global investment company headquartered in Singapore, with a net portfolio value of S$389 billion (US$288b, €267b, £228b, RMB2.08t) as at 31 March 2024. Marking our unlisted assets to market would provide S$31 billion of value uplift and bring our mark to market net portfolio value to S$420 billion.
Our Purpose “So Every Generation Prospers” guides us to make a difference for today’s and future generations.
Operating on commercial principles, we seek to deliver sustainable returns over the long term.
We have 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen, and Singapore in Asia; and Brussels, London, Mexico City, New York, Paris, San Francisco, and Washington, DC outside Asia.
For more information on Temasek, please visit www.temasek.com.sg
For Temasek Review 2024, please visit www.temasekreview.com.sg
For Sustainability Report 2024, please visit www.temasek.com.sg/SR2024
Introduction
The Legal & Regulatory (L&R) department serves as a trusted partner to the businesses within Temasek, delivering effective solutions to achieve Temasek’s objectives while managing risks and safeguarding its interests. In an ever-evolving legal and regulatory environment, L&R plays a vital role in compliance and risk management – it ensures that the organisation complies with applicable laws, regulations and relevant industry standards and provides guidance to internal stakeholders on how to navigate legal and regulatory risks and challenges on investments and other matters which impact the organisation. L&R is also deeply involved in establishing and implementing policies and control processes to ensure compliance and ethical conduct across the organisation.
Responsibilities
- Support the firm’s treasury, public markets, derivatives, and energy transition commodities businesses globally.
- Provide legal advice on structuring, and pre-trade transactions involving equity securities, commodities, treasury-products, ETFs, repos and securities lending.
- Review and negotiate contracts including but not limited to ISDA and related VM /IM documents, repurchase agreements, securities lending agreements, master confirmation agreements, trade confirmations, account opening documents, NDAs and operational contracts.
- Interact and coordinate with internal functions and departments including Regulatory, Risk Management, Operations, Tax, and Investment Services.
- Keep updated on regulatory developments (including EMIR, Dodd Frank, Securities and Exchange Commission and other similar regulations) that are likely to impact the business. Experience with EMIR protocols, DFA registration and MAS reporting requirements will therefore be very helpful.
- Ad-hoc projects as may be assigned.
Requirements
- Qualified in common law jurisdiction with at least 7 years of derivatives experience primarily in equity derivatives
- Solid experience in negotiating ISDA, VM, IM, MCA, GMRA & GMSLA
- Familiarity with global regulatory and reporting regimes relevant to equity securities, derivatives and their impact
- Experience with Dodd Frank agreements, EMIR agreements, IM implementation, clearing and trade reporting preferred
- Ability to work independently
- Good interpersonal and communication skills
- Strong work ethic, ability to work in a time sensitive environment, and team player
- Excellent organizational skills and the ability to multi-task
