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Barclays
Global Contract Service Macro-Distribution Senior Negotiator. Job in New Jersey Gr8Jobs
Job Description
hackajob is collaborating with Barclays to connect them with exceptional professionals for this role. We are looking for an experienced Global Contract Service Macro-Distribution Senior Negotiator to join our derivatives master agreement negotiation team to support the Barclays Markets Business across Rates, FX, Credit, Latam and Risk Solutions Group, predominantly for corporate and private equity clients. In this role, you will be drafting, negotiating, and executing master and collateral agreements and ancillary documentation (primarily for ISDA), which you will actively and independently manage from inception to completion. This will entail negotiation with the client directly as well as internal teams and stakeholders such as credit risk, sales and trading business, collateral management, treasury, tax, and client onboarding. In the course of these negotiations, you will have to ensure that MI is adequately captured by updating internal systems and managing data efficiently. Further responsibility will include being privy to regulatory updates, taking ownership of capacity and authority checks, and conducting due diligence in respect of these negotiations (including netting and collateral enforceability). This is an exciting opportunity to accelerate your career and join the largest legal team within Barclays Legal. To be successful as a Global Contract Service Macro-Distribution Senior Negotiator, you should have the following experience: Experience in the financial industry with a focus on the following Derivatives master documentation (primarily in relation to ISDA), DF protocol, FIA execution agreements Familiarity with loan linked ISDA terms and associated Credit Agreements Familiarity with collateral arrangements and credit support annexes (including UMR VM and IM) Experience with account control agreements Some other highly valued skills may include: Law Degree (preferred) Familiarity with other industry master agreement documentation (MRA, GMRA, GMSLA, MSFTA) Knowledge of Corporate and Private Equity clients, including emerging market clients Familiarity with industry legal opinions Additional language skills, Spanish/Portuguese preferred You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills. This role is located in Whippany, NJ. Minimum Salary $200,000 Maximum Salary $260,000 The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available. Barclays employees are eligible for a suite of a competitive and generous employee benefits, including medical, dental and vision coverage, 401(k), life insurance, and other paid leave for qualifying circumstances. This position is eligible for an incentive award. Purpose of the role To oversee and manage transactional processes, ensuring compliance with legal and regulatory requirements, and maintaining accurate documentation for financial transactions. Accountabilities To ensure that the Transaction Services and Documentation activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities. Coordination with internal and external stakeholders, including legal counsel, credit risk management, and other departments, to ensure that transactions are executed in a timely and efficient manner. Creation, review, negotiation and management of legal documents such as loan agreements, security documents, and other transactional documents, to ensure execution in a timely and efficient manner. Transaction support, including preparation of transaction summaries, conducting due diligence, and support to other departments as needed. Development and implementation of transaction processes and procedures to ensure that transactions are executed consistently. Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls. Vice President Expectations To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard.
The four LEAD behaviours are:
L- Listen and be authentic, E
- Energise and inspire, A
- Align across the enterprise, D
- Develop others OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction.
- our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset
- to Empower, Challenge and Drive
- the operating manual for how we behave.
Benefits
- Paid Time Off (PTO)
- 401(k) Plans
- Health Insurance
- Dental Insurance