Prime Services Negotiator VP

Barclays•Jefferson, CO

10d•$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. The role involves coordinating 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 includes the creation, review, negotiation, and management of legal documents such as loan agreements, security documents, and other transactional documents. Transaction support, including preparation of transaction summaries, conducting due diligence, and support to other departments as needed, is also a key aspect. The role requires the development and implementation of transaction processes and procedures to ensure consistency. Pro-active identification, communication, and provision of legal advice on applicable laws, rules, and regulations (LRRs) are essential, as is keeping up-to-date with changes to LRRs and ensuring they are reflected in policies, standards, and controls. As a Vice President, the role involves contributing to or setting strategy, driving requirements, and making recommendations for change. This includes planning resources, budgets, and policies, managing and maintaining policies/processes, delivering continuous improvements, and escalating breaches. If managing a team, responsibilities include defining jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance, and contributing to employee pay decisions. People Leaders are expected to demonstrate clear leadership behaviors to create an environment for colleagues to thrive. For an individual contributor, the role requires being a subject matter expert, guiding technical direction, leading collaborative assignments, and training/coaching less experienced specialists. The role involves advising key stakeholders, managing and mitigating risks, demonstrating leadership in risk management and strengthening controls, and collaborating with other areas of the business. Solutions will be created based on sophisticated analytical thought, and in-depth analysis will be required to define problems and develop innovative solutions. Building and maintaining trusting relationships and partnerships with internal and external stakeholders is crucial. All colleagues are expected to demonstrate the Barclays Values and Mindset.

Requirements

Experience drafting, negotiating, and executing capital markets contract documentation.
Experience with 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)).
Experience working with the prime services, prime derivatives services, and related financing businesses.
Extensive legal analysis skills.
Written communication skills.
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.
Demonstrate leadership and accountability for managing risk and strengthening controls.
Demonstrate comprehensive understanding of the organization 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

Some other highly valued skills may include: 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
You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking, digital and technology, as well as job-specific technical skills.

Responsibilities

Ensure that Transaction Services and Documentation activities are conducted in compliance with applicable laws and regulations, and help the bank manage legal and reputational risks.
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.
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 consistency.
Pro-actively identify, communicate, and provide legal advice on applicable laws, rules, and regulations (LRRs).
Keep up-to-date with 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.
Contribute or set strategy, drive requirements, and make recommendations for change.
Plan resources, budgets, and policies; manage and maintain policies/processes; deliver continuous improvements and escalate breaches of policies/procedures.
If managing a team: define jobs and responsibilities, plan for the department’s future needs and operations, counsel employees on performance, and contribute to employee pay decisions/changes.
If managing a team: lead specialists to influence the operations of a department, aligning with strategic and tactical priorities, balancing short and long term goals, and ensuring budgets and schedules meet corporate requirements.
If an individual contributor: be a subject matter expert, guide technical direction, lead collaborative, multi-year assignments, and guide team members through structured assignments.
If an individual contributor: identify the need for inclusion of other areas of specialization, train, guide, and coach less experienced specialists, and provide information affecting long-term profits, organizational risks, and strategic decisions.
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 organization 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 business strategies.
Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives.
Define problems and develop innovative solutions through in-depth analysis with interpretative thinking.
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 to accomplish key business objectives, using influencing and negotiating skills.
Draft, negotiate, and execute capital markets contract documentation to support the Prime Services and Prime Derivative Services businesses.
Draft, negotiate, and execute 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)).