About the Role
The Global Contract Service Macro-Distribution Senior Negotiator will support the Barclays Markets Business across Rates, FX, Credit, Latam and Risk Solutions Group, predominantly for corporate and private equity clients. This role involves drafting, negotiating, and executing master and collateral agreements and ancillary documentation, primarily for ISDA, from inception to completion.
Responsibilities
- Ensure Transaction Services and Documentation activities comply with applicable laws and regulations to manage legal and reputational risks.
- Coordinate with internal and external stakeholders to ensure timely and efficient transaction execution.
- Create, review, negotiate, and manage legal documents such as loan agreements and security documents.
- Provide transaction support, including preparing summaries and conducting due diligence.
- Develop and implement transaction processes and procedures for consistent execution.
- Pro-actively identify, communicate, and provide legal advice on applicable laws, rules, and regulations (LRRs), staying updated on changes and ensuring adequate reflection in policies and controls.
- Contribute to strategy, drive requirements, and make recommendations for change.
- Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches.
- Advise key stakeholders, including functional leadership teams and senior management, on functional and cross-functional areas of impact.
- Manage and mitigate risks through assessment in support of the control and governance agenda.
- Demonstrate leadership and accountability for managing risk and strengthening controls.
- Demonstrate comprehensive understanding of organizational functions to contribute to business goals.
- Collaborate with other work areas to stay updated on business activity and strategies.
- Create solutions based on sophisticated analytical thought, comparing and selecting complex alternatives.
- Adopt and include outcomes of extensive research in problem-solving processes.
- Build and maintain trusting relationships and partnerships with internal and external stakeholders.
- Draft, negotiate, and execute master and collateral agreements and ancillary documentation (primarily for ISDA).
- Negotiate with clients directly as well as internal teams and stakeholders.
- Ensure MI is adequately captured by updating internal systems and managing data efficiently.
- Take ownership of capacity and authority checks.
- Conduct due diligence in respect of negotiations, including netting and collateral enforceability.
Requirements
- Experience in the financial industry with a focus on 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.
- 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.
- Assessment on 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.
Skills
- Derivatives master documentation
- ISDA
- DF protocol
- FIA execution agreements
- Loan linked ISDA terms
- Credit Agreements
- Collateral arrangements
- Credit support annexes
- UMR VM
- UMR IM
- Account control agreements
- MRA
- GMRA
- GMSLA
- MSFTA
- Risk and controls
- Change and transformation
- Business acumen
- Strategic thinking
- Digital and technology
- Job-specific technical skills
- Spanish/Portuguese (preferred)
Location
- Whippany, NJ
Work Type
- Full-time
Experience Level
- Senior
Education Level
- Law Degree (preferred)
Salary/Compensations
- $200,000 - $260,000
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- 401(k)
- Life insurance
- Paid leave for qualifying circumstances
- Incentive award
About the Company
- Barclays is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking, and wealth management services.
Equal Opportunity
- All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship – 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.
