Vice President - ISDA (NYC)

Fortune 500 Financial Services Company located in New York City seeks a Vice President - ISDA.   Note that this position will be considered on the officer (VP) level or non-officer level to capture candidates with relevant but less than required experience.  Compensation is competitive and commensurate with experience.

Primary Duties

The Business Unit Risk Management Institutional Securities Documentation team at the firm is currently looking for a derivatives and financing documentation negotiator with a focus on institutional clients of the Prime Brokerage and Private Equity Divisions.  The role involves collaborating with various areas of the firm, interacting with external clients, and negotiating different types of derivatives documentation.

Key Roles and Responsibilities:

• Identifying necessary documentation for the clients to trade securities or OTC derivatives and perform related due diligence scans
• Drafting and negotiating legal documentation (included master agreements, amendments and ancillary documents such as ISDA, MRA, DF related documents, CDEA, ACAs etc.)
• Handling client negotiations and any related projects to ensure timely execution and completion
• Liaising with internal stakeholders in Credit, Risk Management, Legal and Sales regarding documentation terms
• Understanding and adhering to established procedures
• Communicating with clients and external counsel
• Supervising the work of junior colleagues

Requirements

• Bachelor’s Degree is required
• Law Degree is preferred
• 5-7 years of experience at a law firm or financial industry experience in contract negotiation is required; preferably employed by or seconded to a bank in a documentation /business support role
• Demonstrable experience in having negotiated ISDA or MRA legal documents
• Excellent interpersonal and communication skills (written and verbal)
• Highly organized, detail-oriented and thorough
• Ability to cope with pressure and multi-task
• Ability to plan, organize and deliver results within tight time frames
• Ability to work collaboratively on group projects and independently on individual assignments
• Strong analytical and problem-solving skills
• Mature and professional
• Comfortable working in an open floor working environment