Prime Services Negotiator VP

Barclays•Hanover Township, NJ

7d•$200,000 - $260,000•Onsite

About The Position

The purpose of the role is to oversee and manage transactional processes, ensuring compliance with legal and regulatory requirements, and maintaining accurate documentation for financial transactions. This involves ensuring that Transaction Services and Documentation activities are conducted in compliance with applicable laws and regulations, and helping the bank manage legal and reputational risks associated with these activities. The role requires coordination with internal and external stakeholders, including legal counsel, credit risk management, and other departments, to ensure that transactions are executed in a timely and efficient manner. It also involves the creation, review, negotiation, and management of legal documents such as loan agreements, security documents, and other transactional documents, as well as transaction support, including preparation of transaction summaries, conducting due diligence, and support to other departments as needed. Development and implementation of transaction processes and procedures to ensure that transactions are executed consistently is also a key aspect. The role requires proactive identification, communication, and provision of legal advice on applicable laws, rules, and regulations (LRRs), keeping up to date with changes to LRRs in the relevant coverage area, and ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards, and controls. As a Barclays Prime Services Negotiator VP, you will be responsible for drafting, negotiating, and executing capital markets contract documentation to support the Prime Services and Prime Derivative Services businesses. This is an exciting opportunity to showcase your expertise in drafting, negotiating, and executing prime services agreements (including cash prime brokerage agreements, futures agreements, OTC clearing agreements, and ISDA master agreements, Intermediation agreements (FXPBA), repurchase agreements (GMRA/GMSLA) and stock lending agreements (MSLA)), and provide the highest quality of service to sophisticated, multi-faceted and high-caliber clients in a dynamic environment.

Requirements

Experience with the suite of capital markets contract documentation identified above, including the drafting, negotiating, and executing of these agreements
Experience working with the prime services, prime derivatives services, and related financing businesses
Extensive legal analysis and written/oral communication skills
Ability to advise senior stakeholders on risk, controls, and legal requirements
Proven capability to manage complex negotiations and execute documentation under tight timelines
Subject matter expert within own discipline and will guide technical direction (if individual contributor)
Lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments (if individual contributor)
Train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions (if individual contributor)
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives.
In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
Adopt and include the outcomes of extensive research in problem solving processes.
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.
Demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship
Demonstrate the Barclays Mindset – to Empower, Challenge and Drive

Nice To Haves

If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes.
They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

Responsibilities

Ensure that the Transaction Services and Documentation activities are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities.
Coordinate with internal and external stakeholders, including legal counsel, credit risk management, and other departments, to ensure that transactions are executed in a timely and efficient manner.
Create, review, negotiate and manage legal documents such as loan agreements, security documents, and other transactional documents, to ensure execution in a timely and efficient manner.
Provide transaction support, including preparation of transaction summaries, conducting due diligence, and support to other departments as needed.
Develop and implement transaction processes and procedures to ensure that transactions are executed consistently.
Pro-actively identify, communicate, and provide legal advice on applicable laws, rules and regulations (LRRs).
Keep up to date with regards to changes to LRRs in the relevant coverage area.
Ensure that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.
Drafting, negotiating, and executing capital markets contract documentation to support the Prime Services and Prime Derivative Services businesses.
Drafting, negotiating, and executing prime services agreements (including cash prime brokerage agreements, futures agreements, OTC clearing agreements, and ISDA master agreements, Intermediation agreements (FXPBA), repurchase agreements (GMRA/GMSLA) and stock lending agreements (MSLA)).
Provide the highest quality of service to sophisticated, multi-faceted and high-caliber clients in a dynamic environment.
Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
Manage and mitigate risks through assessment, in support of the control and governance agenda.
Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives.
In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
Adopt and include the outcomes of extensive research in problem solving processes.
Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills to achieve outcomes.