Job Details

Senior Derivative Client Regulatory Attorney

Company name

Organization Type

In-House

Job Type

Attorney

Years of Experience

Min 7 yrs required

Location

Raleigh, NC

Date Last Verified

Aug 09,2017

Posted on

Jul 31,2017
Practice Area
Corporate >> Corporate - General
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Senior Derivative Client Regulatory Attorney The candidate will serve as a negotiator in a group of lawyers and associated professionals who support the Firm’s derivatives, repurchase transactions, and mortgage forwards businesses. The role involves structuring, drafting and negotiating legal agreements; advising on legal, regulatory and reputational issues arising from initiation to termination of counterparty trading relationships; working with GC colleagues in other units in connection with transactions and regulatory issues, and coordinating with credit, compliance and other control groups. It may involve assisting with legal opinion work. Will have responsibilities as assigned, in support of various businesses and projects that transact derivatives and securities financing business with a broad range of counterparties with a focus on money managers and funds, including specifically to: Prepare, negotiate and execute ISDA Master Agreements (including the Credit Support Annex, tri-party control agreements, and other related documents, where applicable), SIFMA Master Repurchase Agreements (MRA), ICMA Global Master Repurchase Agreements (GMRA), SIFMA Master Securities Forward Agreements (MSFTA)(collectively, “Trading Agreements”) on behalf of the bank entities. This requires a full appreciation of the linkage and coordination of this function globally. Define, communicate and coordinate the issues arising from matters assigned to the lawyer with the relevant business group, other departments and other counsel. Advise Credit Risk Management, business and risk units, and other partners throughout the Firm on credit, business, and operations related provisions of Trading Agreements, security agreements, tri-party control agreements, and other associated documents. Handle the negotiation process to ensure timely execution of agreements in a controlled environment. Supervise or coordinate with personnel who are responsible for performing the legal diligence necessary for clients to enter into transactions and others responsible for the agreement post-execution process. Maintain current awareness and understanding of industry trends and developments across these businesses as they relate to the lawyer’s areas of responsibility. Perform all other duties and projects as assigned by GMCI management.

Qualification and Experience

The candidate should have undergraduate degree. Should have J.D. degree. Should have 7+ years negotiating ISDA master agreements and other related documents; experience negotiating and advising regularly on credit and security agreements. Have excellent client service and internal coordination skills. Have strong analytical, drafting, and communication skills. Have knowledge of insolvency law and secured transactions law is desirable. Have experience addressing legal issues involving sovereigns and public entities is a plus. Should submit to a background check and drug screening.

Additional info

Job ID 091259

Company info

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