Netting Lawyer

Barclays; New York (NY); On-site; USD 200,000 - 300,000; Full time

Job summary

A leading banking institution is seeking a Netting Lawyer in New York, NY. This role involves providing senior legal support for trading activities, managing legal and reputational risks, and ensuring enforceability of critical agreements. Candidates should have experience as a qualified lawyer and a solid background in derivatives and insolvency law. Competitive salary range of $200,000 to $300,000 with a dynamic working environment.

Qualifications

• Qualified lawyer with private practice and/or in-house experience.
• Ability to communicate legal and commercial risks effectively.
• Familiarity with derivatives and securities financing trading agreements.
• Experience in bankruptcy/insolvency law.

Responsibilities

• Provide senior legal support to global Markets and advise on legal matters.
• Identify and manage legal and reputational risks.
• Ensure enforceability of close-out netting and collateral arrangements.

Skills

Experience as a qualified lawyer

Ability to identify and communicate legal risks

Knowledge of derivatives and securities financing agreements

Prior experience with bankruptcy/insolvency law

Job description

Overview

Join Barclays as a Netting Lawyer. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. In this role, you will provide senior legal support to the global Markets business, advising on multi-faceted legal matters that impact Barclays’ trading activities worldwide. You will identify, assess, and guide the management of legal and reputational risks associated with the bank’s trading relationships and transactions. A significant aspect involves ensuring the enforceability of close-out netting and collateral arrangements, which are critical to the effective functioning and risk mitigation of the Markets business.

Responsibilities

Provide senior legal support to the global Markets business and advise on multi-faceted legal matters related to trading activities. Identify, assess, and guide management of legal and reputational risks. Ensure enforceability of close-out netting and collateral arrangements.

Qualifications

• Experience as a qualified lawyer with knowledge gained in private practice and/or in-house
• Ability to identify and communicate legal and commercial risks within governance and risk policies
• Knowledge of derivatives and securities financing master trading agreements
• Prior experience with bankruptcy/insolvency law

Desired skills

• Ability to be effective in a fast-paced and multi-dimensional environment
• Communicate highly detailed legal and qualitative information clearly
• Comfortable delivering advice to both legal and non-legal stakeholders
• Deep interest in drivers of performance and passion for improving things

Location

This role is located in New York, NY.

Salary

Minimum Salary: $200,000
Maximum Salary: $300,000