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Step into the role of a Negotiator, Global Contract Services – AVP where you will be a part of the largest team within Barclays Legal, drafting, negotiating and executing master and collateral agreements and ancillary documentation (e.g., ISDAs, GMRAs, GMSLAs, Futures Agreements) for our global Markets client-facing franchise. You will conduct diligence, negotiate with clients directly and engage extensively with internal stakeholders such as credit risk, sales and trading, collateral management, treasury, tax and client onboarding.
Job Responsibility
Drafting, negotiating and executing master and collateral agreements and ancillary documentation (e.g., ISDAs, GMRAs, GMSLAs, Futures Agreements) for our global Markets client-facing franchise
Conduct diligence, negotiate with clients directly and engage extensively with internal stakeholders such as credit risk, sales and trading, collateral management, treasury, tax and client onboarding
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
Requirements
Expertise in negotiation of financial markets contracts such as the ISDA Master Agreements (including IM and VM credit support annexes), GMRA, MRA, GMSLA, MSFTA, FXPB, Equities Prime Brokerage suite
Strong grasp of industry netting & collateral opinions, regulatory requirements and jurisdictional nuances, e.g. IM /VM requirements under various regulatory regimes
Ability to expertly manage a negotiations portfolio, support team members in managing client negotiations, perform supervisory checks for the team highlight gaps in approvals obtained, drafting, processes or interaction between systems used in the process
Ability to assess documentation templates, current processes, systems or approvals and provide workable solutions/alternatives, whether to stakeholders or within the team
Experience in managing projects within a clearly defined framework with an emphasis on strong commercial management alongside quality and timely legal deliverables
Strong communication, time management and organizational skills with a risk & controls mindset
Openness to flexible work hours
Bachelor’s or master’s degree in law
Strong legal analytical and drafting skills, communication, time management and organizational skills