Global Contract Service Macro-Distribution Senior Negotiator

Barclays; Whippany (NJ); On-site; USD 200,000 - 260,000; Full time

Benefits offered by this job

Incentive award

Job summary

Barclays is seeking an experienced Global Contract Service Macro-Distribution Senior Negotiator in Whippany, NJ, to lead derivatives master agreement negotiations for corporate and private equity clients. You will draft, negotiate, and execute ISDA-based master and collateral documents, coordinating with credit risk, sales and trading, and collateral management teams.

The role requires deep knowledge of derivatives master documentation, collateral arrangements, and related credit agreements,

Qualifications

• Extensive experience negotiating derivatives master agreements.
• Strong familiarity with ISDA terms and collateral documentation.
• Experience with DF protocol and FIA execution agreements.
• Knowledge of loan-linked ISDA terms and related credit agreements.
• Ability to manage end-to-end negotiations with clients and internal teams.

Responsibilities

• Oversee and manage transactional processes ensuring legal and regulatory compliance.
• Coordinate with internal and external stakeholders to execute transactions in a timely manner.
• Draft, review, and negotiate loan agreements, security documents, and related transactional documents.
• Prepare transaction summaries, conduct due diligence, and support other departments as needed.
• Develop and implement transaction processes to ensure consistent execution.

Skills

Derivatives master documentation

ISDA documentation

FIA execution agreements

Credit Agreements

Collateral arrangements

Credit support annexes

UMR VM and IM

Account control agreements

Spanish/Portuguese language

Education

Law Degree

Job description

We are looking for an experienced Global Contract Service Macro-Distribution Senior Negotiator to join our derivatives master agreement negotiation team to support the Barclays Markets Business across Rates, FX, Credit, Latam and Risk Solutions Group, predominantly for corporate and private equity clients. In this role, you will be drafting, negotiating, and executing master and collateral agreements and ancillary documentation (primarily for ISDA), which you will actively and independently manage from inception to completion. This will entail negotiation with the client directly as well as internal teams and stakeholders such as credit risk, sales and trading business, collateral management, treasury, tax and client onboarding. In the course of these negotiations, you will have to ensure that MI is adequately captured by updating internal systems and managing data efficiently. Further responsibility will include being privy to regulatory updates, taking ownership of capacity and authority checks, and conducting due diligence in respect of these negotiations (including netting and collateral enforceability). This is an exciting opportunity to accelerate your career and join the largest legal team within Barclays Legal.

To be successful as a Global Contract Service Macro-Distribution Senior Negotiator, you should have the following experience:

• Experience in the financial industry with a focus on the following
• Derivatives master documentation (primarily in relation to ISDA), DF protocol, FIA execution agreements
• Familiarity with loan linked ISDA terms and associated Credit Agreements
• Familiarity with collateral arrangements and credit support annexes (including UMR VM and IM)
• Experience with account control agreements

Some Other Highly Valued Skills May Include

• Law Degree (preferred)
• Familiarity with other industry master agreement documentation (MRA, GMRA, GMSLA, MSFTA)
• Knowledge of Corporate and Private Equity clients, including emerging market clients
• Familiarity with industry legal opinions
• Additional language skills, Spanish/Portuguese preferred

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

This role is located in Whippany, NJ.

Minimum Salary $200,000

Maximum Salary $260,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Barclays employees are eligible for a suite of a competitive and generous employee benefits, including medical, dental and vision coverage, 401(k), life insurance, and other paid leave for qualifying circumstances.

This position is eligible for an incentive award.

Purpose of the role

To oversee and manage transactional processes, ensuring compliance with legal and regulatory requirements, and maintaining accurate documentation for financial transactions.

Accountabilities

• To 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.
• 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.
• Creation, review, negotiation and management of legal documents such as loan agreements, security documents, and other transactional documents, to ensure execution in a timely and efficient manner.
• 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.
• Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

Vice President Expectations

• To 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 elevate breaches of policies/procedures..
• 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..
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will 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. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational 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 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.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence and Stewardship - our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset - to Empower, Challenge and Drive - the operating manual for how we behave.