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About DRS
DRS is a legal consultancy specialising in commercial contracts relating to derivatives, financing and professional agreements. Trusted by banks, asset managers, hedge funds and trading firms across the globe, we provide solutions that deliver rapid and efficient negotiation and remediation of document portfolios.
Established in 2009, we have approximately 100 members of staff, operating both on-site and off-site from our bright and modern offices in London, Malaysia, and Newcastle. Our market-leading team is led by directors with extensive legal and industry expertise within financial services.
Our ambition for the next five years is to grow to be the UK's largest provider of outsourced contract management services for the financial services industry.
The Opportunity
You will join DRS as a Legal Consultant, supporting the negotiation of contracts on behalf of clients within an assigned team. You’ll work alongside leading industry practitioners, senior lawyers, and experienced colleagues.
This is a client-facing role, exposing you to various financial institutions—from global banks to hedge funds. You’ll have significant responsibility from the outset and the opportunity to progress within your team. Support is provided through experienced colleagues, learning management resources, and adherence to strict information security policies.
We offer permanent contracts in our Newcastle office. The salary is £26,500.
Responsibilities
- Manage your own workload effectively
- Liaise with clients and their counterparts to:
- Draft, negotiate, amend, and execute commercial contracts (e.g., ISDA agreements, CSAs, GMSLAs, GMRAs, NDAs and Terms of Business)
- Maintain and update negotiation databases:
- Track external communications
- Ensure timely escalations within the team
- Support internal DRS stakeholders and clients by providing relevant information and reports
- Participate in:
- Conference calls
- Face-to-face meetings (as required by the DRS team, clients, and counterparties)
- Stay current with legal and regulatory advancements in derivatives law and practice by:
- Conducting independent research
- Attending industry-specific events
- Engaging in company-led training, such as regular breakfast club sessions
- Using the company’s learning management system
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Requirements
- A minimum 2:1 undergraduate degree in Law or equivalent Alternative requirement:* A legal conversion qualification (such as a Graduate Diploma in Law or Common Professional Examination) is desirable if your degree is unrelated*
- Interest in a career in law
- Exceptional attention to detail, organisation, and time management skills
- Outstanding written and verbal communication
- Ability to build strong relationships with stakeholders and clients
- Creative problem-solving and analytical thinking
Our Culture
We foster an informal, inclusive working environment, including:
- Accessible senior management
- Open-plan offices
- Active team approach
- Honour our status as:
- “Sunday Times Best Small Company to Work for” (2019, 2020)
Work-Life Flexibility
- Flexible working policy: Staff must attend office for 2 core days per week but may choose to opt for additional days if preferred
- Globally diverse culture:
- Over 20 languages spoken
- Staff from over 23 countries
Development & Support
We invest in your career growth through:
- A structured career pathway
- Learning pathways tailored to your goals (with support from team leads)
- Comprehensive training materials (hosted on our learning management system) covering:
- Legal, technical, and soft skills training
- Collaborative learning initiatives:
- Regular monthly Breakfast Club discussions (virtual) featuring market trends, achievements, and expertise-sharing
- Weekly 1-1 sessions
- Quarterly CEO company-wide updates
- Teams and Work Integration
- Active social engagement for staff, such as:
- Regular social events
- Team lunches
- Creative activities and drinks/snacks
- Active social engagement for staff, such as:
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Recruitment Process
Due to ongoing business expansion, we recruit regularly, conducting multi-stage interviews to:
- Clearly demonstrate company culture
- Gauge team fit
- Provide insight into the assigned work
Benefits
- Health Insurance
- Employee Assistance Programme
- Employee perks and discounts
- Socialisation team budget
- Wellbeing initiatives
- Charitable work & volunteering leave
- Free Mental Health Support
- Cycle to Work Scheme
- 5% Employer Pension Contribution
- Life Insurance
- Long-term sickness insurance
- 25 days annual leave (excluding bank holidays)
Equal Opportunities
DRS is committed to fostering an environment where all staff and applicants can contribute their full potential, free from discrimination or harassment, with decisions based solely on merit.
We uphold equal opportunities and encourage:
- Return-to-work conversations
- Flexible working arrangements
Note: Selection does not discriminate based on:
- Age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, colour, nationality/ethnicity, religion/belief, sex, sexual orientation, or gender reassignment status (covered by UK protected characteristics).
If you require adjustments prior to an interview, please inform us.
Community Contribution
- Accredited Living Wage Employer
- Paid leave policy for charity and community involvement
Apply GDPR Compliance Information: If you apply, your personal data and CV/application will be stored in our recruitment system (Workable) for a maximum of 24 months, exclusively for considering you against current or future roles. Requested deletion deletions can be made promptly if notified.
For further details, consult: DRS Privacy Notice.
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