Level

micro1

Derivatives Counsel (ISDA Specialist)

micro1 is hiring a Derivatives Counsel (ISDA Specialist) for a remote role. Level rates it ; you can apply on Level.

Level's read on this job

  • On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
  • The posting lists this role as remote.
  • Level files it as a mid-level role.
  • Level lists 119 other open roles at micro1.

AI in this role

Job Title: Derivatives Counsel (ISDA Specialist)


Job Type: Contractor


Location: Remote


Job Summary: We are seeking seasoned Derivatives Counsels for a part-time role at the forefront of legal AI. This opportunity is for elite lawyers who want to help shape how advanced AI is trained, evaluated, and applied in real-world legal work, especially those with deep experience drafting, reviewing, negotiating, and redlining ISDA Master Agreements and related derivatives documentation.


In this role, you will review, assess, and contribute to contract redlining workflows used to train and evaluate state-of-the-art AI models. Your work will directly improve how these systems identify risk and interpret derivatives documentation to create tools with improved precision and legal judgment.


Key Responsibilities:

  1. Perform simulated negotiations and redlining exercises on ISDA Master Agreements.
  2. Review and assess AI responses to derivatives contract scenarios, providing expert feedback to improve model performance and output precision.
  3. Create objective evaluation frameworks and grading criteria to assess AI performance on derivatives documentation tasks with rigor and consistency.
  4. Collaborate with product and research teams to refine data, guidelines, and best practices for AI-driven contract review solutions.


Required Skills and Qualifications:

  1. Minimum of 3 years of experience in derivatives documentation, with hands-on negotiation of ISDA Master Agreements, LPAs, CSAs and other types of commercial agreements.
  2. Deep familiarity with key ISDA provisions, including events of default, termination events, close-out netting, and collateral terms.
  3. Exceptional written and verbal communication skills with meticulous attention to detail.
  4. Strong analytical capabilities and ability to translate legal expertise into actionable feedback for AI systems.
  5. Experience working with cross-disciplinary teams in fast-paced environments.


Preferred Qualifications:

  1. Prior exposure to AI, legal tech, or training initiatives.


Why Join:

  1. This is an opportunity to work at the intersection of law and technology.
  2. You will help define how AI is developed for a new generation of legal practitioners.
  3. You will apply your experience in a high-impact research environment.


Compensation Structure:


Compensation is task-based, meaning experts are paid per completed task that meets the project specifications. The average handling time (AHT) is approximately 3.5 hours per task, and the effective hourly rate will depend on the number of tasks completed and successfully signed off.

How we rate this

Derivatives Counsel (ISDA Specialist) at micro1 rates 31 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Open the description and count.

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