Global Contract Service Macro-Distribution Senior Negotiator

Barclays•Hanover Township, NJ

9d•$200,000 - $260,000•Onsite

About The Position

Barclays is seeking an experienced Global Contract Service Macro-Distribution Senior Negotiator to join its derivatives master agreement negotiation team. The role supports the Barclays Markets Business across Rates, FX, Credit, Latam and Risk Solutions Group, predominantly for corporate and private equity clients. It involves drafting, negotiating and executing master and collateral agreements and ancillary documentation, primarily ISDA documentation, and independently managing negotiations from inception to completion. The role is based in Whippany, New Jersey. The negotiator works directly with clients and with internal stakeholders including credit risk, sales and trading, collateral management, treasury, tax and client onboarding. Responsibilities also include capturing management information in internal systems, staying current with regulatory updates, handling capacity and authority checks, and conducting due diligence, including assessments of netting and collateral enforceability. The role contributes to transaction compliance, legal and reputational risk management, and the development and consistent application of transaction processes. The successful candidate will advise and collaborate with stakeholders, manage risks and controls, and apply subject-matter expertise and analytical judgment to complex negotiations and business objectives. The position is part of Barclays Legal, described as the largest legal team within Barclays.

Requirements

Experience in the financial industry.
Experience with derivatives master documentation, primarily ISDA documentation.
Experience with DF protocol and FIA execution agreements.
Familiarity with loan-linked ISDA terms and associated credit agreements.
Familiarity with collateral arrangements and credit support annexes, including UMR variation margin and initial margin.
Experience with account control agreements.

Nice To Haves

Law degree.
Familiarity with other industry master agreement documentation, including MRA, GMRA, GMSLA and MSFTA.
Knowledge of corporate and private equity clients, including emerging market clients.
Familiarity with industry legal opinions.
Spanish or Portuguese language skills.

Responsibilities

Draft, negotiate and execute derivatives master agreements, collateral agreements and ancillary documentation, primarily ISDA documentation.
Independently manage negotiations from inception through completion, including negotiations with clients and internal stakeholders.
Coordinate with credit risk, sales and trading, collateral management, treasury, tax and client onboarding teams to execute transactions efficiently.
Update internal systems and manage transaction data to ensure management information is accurately captured.
Stay informed about regulatory updates and relevant laws, rules and regulations.
Take ownership of capacity and authority checks.
Conduct due diligence relating to negotiations, including netting and collateral enforceability.
Ensure transaction services and documentation activities comply with applicable legal and regulatory requirements.
Help manage legal and reputational risks associated with transactions.
Create, review, negotiate and manage transaction documents, including loan agreements and security documents as applicable.
Prepare transaction summaries and provide transaction support to other departments.
Develop and implement transaction processes and procedures to promote consistent execution.
Advise stakeholders on legal, regulatory, risk, control and functional matters.
Build and maintain relationships with internal and external stakeholders and use influencing and negotiating skills to achieve business objectives.
Support risk assessment, mitigation, governance and control responsibilities.
Contribute to strategy, change recommendations and continuous improvement, and escalate breaches of policies or procedures as appropriate.