Financial Specialist - ISDA Negotiator

Full Time
New York, NY
Posted
Job description

****Applicant must be available to work onsite 3 days and remotely 2 days weekly

ISDA Negotiator is responsible for documentation, negotiation, and project-management matters, and is the personnel in the first line responsible for designing and implementing solutions to manage legal and other risks for supported business areas.

Job Details:

· The ISDA Negotiator’s primary role will be to draft and negotiate trading and clearing documentation relating to a full spectrum of derivatives, including equity, fixed income and commodity products, foreign exchange products, futures, repo/reverse repo and agency mortgage backed-securities, primarily (but not exclusively) in support of the US-based business of the division.

· The ISDA Negotiator will also be responsible for project managing the workload and providing status updates to relevant stakeholders, as well as to maintain/develop relationships with key counterparty dealers and brokers.

· This is a dynamic position with broad responsibilities, ideal for a motivated, self-starting professional willing to dive into a number of new and challenging assignments.

· Handle amendments and negotiations with minimal supervision.

· Ensure timely execution of all documents.

· Draft templates of ISDAs and other derivatives agreements.

· Liaise with derivatives operations and other internal teams to coordinate group’s work.

· Prepare and distribute team global status reports.

· Maintain relationships with key counterparty dealers and brokers.

· Maintaining databases of contacts and agreements with respect to segregated managed accounts, funds and counterparty dealers and brokers.

· Design, scope and manage various projects that arise from time to time.

Qualifications/Skills Required:

· Have significant experience in the drafting and negotiation of derivatives documentation in a derivatives documentation unit of a major bank or large asset manager.

· Be proficient in understanding of the ISDA master agreement and other related agreements and frameworks (e.g. clearing and repo).

· Have excellent oral and written communication skills and organizational and problem solving skills, attention to detail, excellent references, maturity, judgment and poise.

· Have the ability and desire to take on and effectively prioritize multiple projects.

· The candidate must be a self-starter while still working collaboratively on a global basis and know when to escalate issues.

· Proficient in Word and Excel.

· Be able to manage in a fast paced environment while meeting strict deadlines.

· Have prior experience as a paralegal at a law firm or large in-house legal department, or in a corporate finance / hedge fund / asset management setting (helpful but not required).

Job Type: Contract

Pay: $65.00 per hour

Schedule:

  • Monday to Friday

Ability to commute/relocate:

  • New York, NY: Reliably commute or planning to relocate before starting work (Required)

Education:

  • Bachelor's (Required)

Experience:

  • Microsoft Powerpoint: 1 year (Preferred)
  • Paralegal: 3 years (Preferred)
  • ISDA: 1 year (Preferred)
  • Financial Services: 1 year (Preferred)
  • Documentation: 2 years (Preferred)

Work Location: One location

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