Senior Lead Capital Markets Document Negotiator, Executive Director

Wells Fargo & Company • New York, NY

1d • $185,000 - $300,000 • Onsite

About The Position

Wells Fargo is seeking a Senior Lead Capital Markets Document Negotiator for the negotiation of various trading agreements as part of the growth of Wells Fargo’s US trading business within the Corporate & Investment Banking. In this role, you will: Prepare, negotiate and track various trading and financing agreements such as the ISDA Master Agreement, the Master Repurchase Agreement, the Global Master Repurchase Agreement, the Sponsored Repo Annex, SIFMA Done With form, the Cleared Derivative Execution Agreement and the Master Securities Forward Transaction Agreement with a focus on repo and mortgage documentation with investment managers and other institutional counterparties such as dealers, insurance companies, banks and hedge funds. Act as team lead, point and peer reviewer for repo and mortgage businesses. Drive new business pipeline with all stakeholders according to business priorities (working closely with business to establish and manage priorities as necessary). Work on various projects, including regulatory implementation, amending and updating templates, processes and systems. Interpret policy when working with legal, credit and the relevant business. Identify and mitigate business and legal risks within compliance requirements. Identify and recommend opportunities for process improvement. Collaborate and influence all levels of professionals including senior Sales and Trading management.

Requirements

• 7+ years of Capital Markets Document Negotiation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
• Negotiator must demonstrate understanding of, and adherence to, relevant compliance, credit, legal, regulatory, operational and business policies and procedures and be able to explain and articulate documentation issues concisely and clearly to internal stakeholders with the ability to think through solutions.
• Team player with excellent communication skills and ability to articulate complex material to a diverse audience such as customers and senior management.
• Ability to practice a high degree of organization so that multiple negotiations can be prioritized and managed.
• Excellent understanding of the underlying transaction and security documents and be able to grasp and articulate basic credit, operational, legal and business issues which arise during the negotiation and execution processes.
• This role is not eligible for VISA sponsorship
• Ability to travel as needed
• Willingness to work on-site in accordance with current office requirements
• Ability to work additional hours as needed
• This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents. Specific compliance policies may apply regarding outside activities or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.

Nice To Haves

• Solid understanding of ISDAs, CDEAs, GMRAs, MRAs and MSFTAs with an interest in other trading documentation.
• Familiarity with Treasury Clearing documentation including the Sponsored Repo Annex and SIFMA Done With form.
• Familiarity with Dodd Frank documentation issues including Regulatory Variation Margin and Initial Margin requirements.
• Familiarity with Account Control Agreements.
• Existing negotiation relationships with investment managers and understanding of the related documentation issues.
• Experience with reviewing and affirming counterparty organizational documentation and jurisdictional guidelines to ensure legal contract enforcement, collateral offset and that close out netting capabilities are maximized.
• Strong analytical skills with high attention to detail and accuracy, particularly as they relate to ongoing regulatory initiatives.

Responsibilities

• Prepare, negotiate and track various trading and financing agreements such as the ISDA Master Agreement, the Master Repurchase Agreement, the Global Master Repurchase Agreement, the Sponsored Repo Annex, SIFMA Done With form, the Cleared Derivative Execution Agreement and the Master Securities Forward Transaction Agreement with a focus on repo and mortgage documentation with investment managers and other institutional counterparties such as dealers, insurance companies, banks and hedge funds.
• Act as team lead, point and peer reviewer for repo and mortgage businesses.
• Drive new business pipeline with all stakeholders according to business priorities (working closely with business to establish and manage priorities as necessary).
• Work on various projects, including regulatory implementation, amending and updating templates, processes and systems.
• Interpret policy when working with legal, credit and the relevant business.
• Identify and mitigate business and legal risks within compliance requirements.
• Identify and recommend opportunities for process improvement.
• Collaborate and influence all levels of professionals including senior Sales and Trading management.

Benefits

• Health benefits
• 401(k) Plan
• Paid time off
• Disability benefits
• Life insurance, critical illness insurance, and accident insurance
• Parental leave
• Critical caregiving leave
• Discounts and savings
• Commuter benefits
• Tuition reimbursement
• Scholarships for dependent children
• Adoption reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed