Job Description
Job Title: ISDA Negotiator-VP level!
Job ID :234187
Key Skills: ISDA, Derivatives, law degree preferred, legal trade documentations, Credit risk
Schedule: Onsite-all 5 days
Locations: Dallas, TX
Role Type: W2 ONLY, NO C2C
Contract Length: 12 months
PRINCIPAL RESPONSIBILITIES:
- Responsible for complete documentation process from drafting, reviewing and negotiating to execution & filing of the CDEA, ISDA/CSA, ancillary documents such as novation and related regulatory initial margin documents;
- Experience in Commodity transaction related documents desirable – e.g. power and gas a annexes, EFETS, NAESBs, Power Purchase and Sale Agreements etc.
- Review of legal opinions on netting and collateral enforceability including liaising with external counsel;
- Development and execution of negotiation strategies, outside of a playbook, to balance client and GS needs;
- Independently lead complex and/or sensitive negotiations for high profile clients;
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- Working closely with the Franchise and Prime business, in particular (Franchise) New Business Group and Client Services
- Provide mentoring, training and coaching for junior team members;
- Responding to queries on the master documentation from various departments including the front office;
- Ongoing opportunity to challenge existing controls/processes and leverage your experience to identify risks and improve the effectiveness of the team; and
- Develop and nurture relationships across the firm to build consensus and execute on initiatives;
- Actively participate in community engagements to foster PDO’s culture of support and inclusiveness.
Preferred Experience and Skills:
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Bachelor’s degree or equivalent or JD with a strong experience in Legal/ Trading or trading documentation role (including within a Credit, Risk or Treasury function) or attorney/paralegal experience within a law firm.
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Knowledge of various legal entities, including funds, insurance companies and pensions.
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Proven excellent organizational and prioritization skills and attention to detail, especially under pressure.
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Proven ability to negotiate and review detailed legal documents with an eye for detail and accuracy, particularly around documentation terms.
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Ability to ensure consistency across documentation and know when to escalate issues.
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Good interpersonal and communication skills.
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Enthusiasm and interest in development of documentation skills and using such skills for the completion of negotiation process.
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Flexibility and willingness to learn new skills and develop full job ownership.
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Strong commercial acumen with a keen interest in derivatives, Commodities, repo, securities lending markets and products and/or prime brokerage products and services.
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Ability to interact with and influence business stakeholders and clients in order to negotiate, build consensus, control risks and improve operational efficiency.
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Proficient in IT and able to adapt to various databases/systems.
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Additional language skills (in French, German, Italian or Spanish) would be preferable for verbal and written communication.