Team Leader, ISDA

Confidential Jobs.(USA); New York (NY); On-site; USD 140,000 - 190,000; Full time

Job summary

Confidential Client in New York City seeks an ISDA Documentation Team Leader to oversee a pod of associates conducting OTC derivatives documentation review and repapering for a major program. You will assess ISDA Master Agreements, Schedules, and CSAs against approved playbooks, identify nonconforming terms, and craft amendments using approved language and fallbacks.

You will manage assignments, throughput, and second‑level review, while tracking progress in client systems.

Qualifications

• 5–8 years hands-on ISDA documentation review and repapering experience.
• Ability to lead an associate pod and manage daily throughput.
• Strong quality assurance, second-level review, and training capabilities.

Responsibilities

• Review ISDA Master Agreements, Schedules, and CSAs against client playbooks.
• Lead a pod of associates, assign work, and monitor throughput.
• Abstract key terms into templates; prepare amendments and protocol documents.
• Escalate gaps to client counsel with concise issue summaries and recommended paths.
• Perform second-level review and QA on documentation and data abstraction.
• Provide training on ISDA documentation and approved processes.

Skills

ISDA documentation

Repapering

Quality assurance

Team leadership

Training

Stakeholder communication

Job description

Location: New York City, United States of America

Experience: 5–8 years , 3 openings

About the Company

A confidential client in the financial services sector is undertaking a substantial OTC derivatives documentation repapering program. The work is supported by a dedicated legal services team operating under the direction of client counsel. The client and its identity are confidential, and this description does not disclose identifying details. The program centers on reviewing and updating ISDA documentation using client-approved playbooks, with consistent standards for issue escalation, document preparation, data abstraction, workflow tracking, and quality assurance. The team will work on-site in Manhattan, serving a New York City-based engagement. This is a legal documentation and operational support role: team members apply approved language and elevate non‑standard positions or gaps to client counsel rather than providing independent legal advice. The organization is building dedicated team leadership capacity to oversee associate pods and maintain reliable throughput and review quality across the repapering workflow.

About the Role

As an ISDA Documentation Team Leader, you will lead a pod of associates carrying out OTC derivatives documentation review and repapering for a large, confidential program. You will assess ISDA Master Agreements, Schedules, and Credit Support Annexes or Deeds against client-approved playbooks, identify nonconforming provisions, and prepare amendments and protocol documentation using approved language and fallbacks. You will oversee assignments, daily throughput, second‑level review, and quality assurance while tracking counterparty outreach and workflow status in client systems. You will abstract key terms into client templates and summarize playbook gaps or non‑standard positions with recommended paths for client counsel. This is legal support under client counsel's direction; the team does not provide independent legal advice. The role is full‑time and on‑site in Manhattan, with three openings, and reports to client counsel.

Key Responsibilities

• Review ISDA Master Agreements, including 1992 and 2002 forms, Schedules, and VM and IM Credit Support Annexes or Deeds against client-approved playbooks. Identify provisions that do not conform to approved standards.
• Repaper nonconforming provisions using approved playbook language and fallbacks. Prepare amendments, side letters, and protocol adherence documentation as directed by client counsel.
• Abstract key terms—including termination events, thresholds, minimum transfer amounts, eligible collateral, and governing law—into client data templates. Maintain accurate, consistent records for downstream use.
• Escalate playbook gaps and non‑standard positions to client counsel with concise issue summaries and recommended paths. Serve as the first escalation point for associates before counsel review.
• Track counterparty outreach and workflow status in client systems. Monitor assigned work and follow up on outstanding documentation to support orderly program progress.
• Assign work across an associate pod and manage daily throughput. Balance workload against review needs and keep documentation moving through established workflows.
• Conduct second‑level review and quality assurance on documentation and data abstraction. Identify errors or inconsistencies and guide associates toward reliable, playbook‑aligned work.
• Train associates on ISDA documentation through bootcamp and on‑the‑job instruction. Reinforce review standards and support consistent application of client‑approved processes.
• Bring five to eight years of relevant experience, including hands‑on ISDA documentation review and repapering in financial services or legal services. Apply practical knowledge to complex documentation workflows.
• Demonstrate working familiarity with ISDA Master Agreements, Schedules, and VM and IM Credit Support Annexes or Deeds. Review documents against playbooks and approved fallbacks.
• Draft, review, and prepare legal documentation, including amendments, side letters, and protocol adherence documents. Identify nonconforming terms and produce accurate updates using approved language.
• Apply strong quality assurance and second‑level review skills. Catch inconsistencies in documents and abstracted terms while maintaining reliable, detail‑oriented work.
• Supervise and coordinate associate work, assign tasks, and manage throughput. Provide clear guidance and act as an effective first escalation point before client counsel.
• Track counterparty outreach and workflow status in client systems, and abstract key terms into client templates. Keep issue summaries and records clear and complete.
• Communicate findings clearly in writing and verbally, including escalation summaries and training. Use sound judgment to distinguish playbook‑aligned matters from issues requiring counsel review.

Additional Plus

• Experience reviewing 1992 and 2002 ISDA Master Agreements, Schedules, and VM and IM Credit Support Annexes or Deeds is useful for the program's documentation scope.
• Familiarity with client data templates and workflow systems for tracking counterparties, outreach, and documentation status can support efficient execution.

What You'll Bring

• At least five years of hands‑on ISDA documentation experience, with the ability to review, repaper, and quality‑check OTC derivatives documents against approved playbooks.
• A team leadership approach suited to assigning associate work, managing daily throughput, conducting second‑level review, and providing practical on‑the‑job training.
• Clear written and verbal communication for documenting issues, recommending resolutions, and escalating gaps or non‑standard positions to client counsel.
• Sound judgment about the boundaries of the role: apply client‑approved language and processes, and refer legal questions or exceptions to client counsel rather than giving independent legal advice.

Why Join Us

Join a dedicated team supporting a large OTC derivatives repapering program for a confidential financial services client. The role offers meaningful responsibility across the documentation lifecycle, from reviewing ISDA agreements against playbooks to coordinating amendments, data abstraction, counterparty workflow, and quality assurance. As a Team Leader, you will guide an associate pod, manage daily work, and help build consistent review practices through bootcamp and on‑the‑job training. You will work closely with client counsel, serving as the team's first escalation point and preparing concise summaries and recommended paths for issues requiring counsel direction. The work is focused and practical: apply approved standards, maintain accurate documentation and records, and keep a substantial repapering workflow moving. This is a full‑time, on‑site opportunity in Manhattan for an experienced ISDA documentation professional who wants direct leadership responsibility in a client‑directed legal support environment. The team does not provide independent legal advice; counsel retains direction over legal questions and non‑standard positions.

What We Offer

• A full‑time, on‑site Team Leader role in Manhattan, leading an associate pod on a large OTC derivatives documentation repapering program.
• Direct responsibility for workflow, associate development, second‑level review, and quality assurance, with escalations and legal direction handled in partnership with client counsel.