Director, Trading Documentation

CIBC•New York, NY

5d•$150,000 - $175,000

About The Position

The Director, Trading Documentation reports to the Executive Director, Trading Documentation and supports the Managing Counsel & General Manager, Derivatives and Trading Documentation. The role negotiates and executes Global Master Repurchase Agreements (GMRAs), Master Repurchase Agreements (MRAs), cleared and sponsored repo documentation, and other agreements for derivative transactions and trading products on behalf of the Bank and its affiliates. The Director works with trading room personnel, relationship managers, risk management officers, and Legal Department colleagues to ensure executed documentation reflects the Bank’s policies and procedures and applicable standards set by the Bank, regulators, and industry bodies. The position leads negotiations of master agreements related to derivatives and securities financing, oversees trading-product documentation practices, supports risk mitigation and regulatory change, and uses internal and third-party platforms to manage contract and related information. It also builds effective relationships with internal and external stakeholders and provides guidance on complex documentation matters. The work arrangement, including the proportion of on-site and remote work, will be discussed during the interview.

Requirements

At least 5 years of experience at a leading financial institution or law firm.
Strong knowledge of repo and cleared repo documentation, including GMRA, MRA, and related agreements, as well as other derivatives and securities financing documentation.
Advanced drafting, communication, and analytical skills.
Law degree.
Strong attention to detail, sound judgment, and ability to work through complex issues and explain technical concepts clearly.
Comfort learning and using internal and third-party online platforms supporting trading, regulatory compliance, and collateral management.
Familiarity with credit agreements, security documents, intercreditor agreements, and related documentation, and ability to assess the Bank’s security position.
Understanding of regulatory requirements for onboarding derivatives clients, including KYC and Dodd-Frank requirements.
Legally eligible to work at the specified location and, where applicable, hold a valid work or study permit.

Nice To Haves

Familiarity and experience with the sponsored repurchase market, including the 2026 SIFMA documentation standard for sponsored repurchase transactions.
Familiarity with industry-published enforceability opinions regarding netting and collateral.
Experience working at a law firm or as in-house counsel at a financial institution.

Responsibilities

Negotiate GMRAs, MRAs, SIFMA Master Treasury Clearing Agreements, and other master agreements related to derivatives and securities financing transactions.
Review repo documentation, including the 2000 and 2011 GMRA versions and the 1996 MRA.
Apply and communicate the Bank’s documentation policies and procedures in alignment with internal standards and applicable regulatory and industry requirements.
Help identify practical solutions to support regulatory change and promote consistency across documentation practices.
Support appropriate documentation to mitigate credit risk and manage capital implications.
Use internal and third-party online platforms to negotiate client-facing contracts and maintain information supporting trading, regulatory compliance, and collateral management.
Keep platform information accurate and current in accordance with established guidelines and procedures.
Build working relationships with trading desk personnel, relationship managers, senior risk management partners, corporate clients, peer institutions, and regulators.
Provide clear guidance, negotiate effectively, and support stakeholders on complex documentation matters.