Derivatives Legal Assistant

Neuberger Berman•New York, NY

11d•$100,000 - $115,000•Hybrid

About The Position

Neuberger's Legal & Compliance team is seeking an experienced Derivatives Assistant to join the Legal & Compliance team. The role involves administrative and operational support, management, and execution of counterparty trading documentation, assistance with broader legal operations initiatives, and contributions to document management and trade reporting. The Derivatives Assistant will also provide support and coordination for the derivatives documentation process. Key document types include, but are not limited to, prime brokerage agreements, ISDAs, listed futures and options agreements, securities lending and repurchase agreements, and over-the-counter and exchange-traded derivatives documentation.

Requirements

Bachelor's degree required
Minimum 2+ years of experience in a role involving familiarity with trading and/or derivatives documentation
Foundational knowledge of legal entity types, structures, and signature blocks
Working knowledge of KYC/AML processes
Proficiency with Microsoft Word (track changes, compare tools, redlining/comparison software), Excel, PowerPoint, and Outlook
Meticulous attention to detail and commitment to accuracy
Strong organizational, analytical and critical thinking skills with the ability to synthesize information from multiple sources into clear reports and recommendations
Ability to work under tight deadlines in a fast-paced environment
Self-starter with strong interpersonal communication skills and a good sense of urgency

Nice To Haves

Prior experience as a corporate/transactional Derivatives Assistant at a law firm is a plus

Responsibilities

Oversee and coordinate the initial setup and maintenance of documents associated with over-the-counter and exchange-traded derivatives
Coordinate with trading counterparties to navigate clients/funds through the credit review process, including responding to documentation and information requests from counterparties
Maintain and update legal entity information in online databases including GMEI Utility, ISDA Amend
Manage questionnaires in the Markit/ISDA Amend Document Exchange portal
Track status of negotiations with banks and brokers
Prepare and deliver responses to KYC/AML requests; oversee outside KYC/AML service providers
Maintain complete and accurate files of derivative agreements, including entry/review of credit and collateral terms in the firm's documentation management system
Work closely with stakeholders within business unit teams, operations, risk, and tax
Escalate risks and issues to appropriate management to ensure onboarding is completed correctly and efficiently pursuant internal procedures