Sherri Venokur’s practice focuses on the negotiation of
derivatives documentation for, and the regulation of, both
cleared and uncleared derivatives.
While representing a major investment bank during 2016,
Ms. Venokur negotiated new collateral arrangements for
many of the bank’s trading partners in order to comply with
the Dodd-Frank initial and variation margin requirements. Capitalizing on that experience, she drafted users guides for the bank’s negotiating teams for the 2016 ISDA Credit Support Annexes for Variation Margin and Initial Margin and Tri-party Custodian Agreements.
Prior to forming SVENOKUR LLC in 2010, Ms. Venokur
was a Member of the Firm and Chair of the Derivatives
Practice Group of Lowenstein Sandler PC (2007-2010) and
was Special Counsel in the Derivatives and Commodities
and Structured Finance Practices of Stroock and Stroock and
Lavan LLP (2001 – 2007).
From 1993 – 2001, Ms. Venokur served as Vice President,
Transaction Management for Lehman Brothers, Inc., where she was responsible for the global coordination and New York regional management of the firm’s equity and fixed income derivatives documentation and was the chief documentation negotiator for equity and fixed income derivatives and foreign exchange transactions. While at Lehman, she spearheaded a complete revision of the company’s ISDA Master Agreement templates and oversaw the development and implementation of its global documentation policy. Working together with Lehman's credit, audit and technology departments, Ms. Venokur created meaningful risk-based reporting of the firm's derivatives exposures.
Previously, Ms. Venokur served as a Vice President, Legal Counsel at ABN AMRO Bank N.V. and Vice President, Deputy General Counsel and Corporate Secretary at European American Bank.
Ms. Venokur is a graduate of Brooklyn Law School, where she was Editor-in-Chief of the Law Review.