Prime Services Negotiator Vice President

Prime Services Negotiator Vice President 
New York, NY

As a Barclays Prime Services Negotiator Vice President, you will be accountable for drafting, negotiating, and executing various capital markets contract documentation assisting the Prime Services and Prime Derivative Services (PDS) businesses of Barclays. Global Contract Services (GCS) is a global team within Markets Legal that is primarily in charge of the negotiation and execution of master trading documentation for Barclays’ client-facing Markets business. 

Salary/ Rate Minimum: $190,000
Salary/ Rate Maximum: $259,000

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 is one of the world's largest and most respected financial institutions, established in 1690, with a legacy of success, quality, and innovation. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

At Barclays, we offer a hybrid working experience that blends the positives of working alongside colleagues at our onsite locations, together with working from home. We have a structured approach where colleagues work at an onsite location on fixed, ‘anchor’, days of the week, for a minimum of two days a week or more, as set by the business area (or nearest equivalent if working part-time hours). Please discuss the working pattern requirements for the role you are applying for with the hiring manager. Please note that as we continue to embed our hybrid working environment, we remain in a test and learn phase, which means that working arrangements may be subject to change on reasonable notice to ensure we meet the needs of our business.

What will you be doing?

•    Assisting with the prime brokerage, futures, and related financing businesses by drafting, negotiating, and executing capital markets contract documentation
•    Helping ISDA Master Agreement and Credit Support Agreements, Global Master Repurchase Agreement, Prime Brokerage Agreement, and Futures Agreement
•    Ensuring compliance with legal, regulatory, and documentation risk controls and adhere to associated guidelines and procedures
•    Conducting independent legal analysis and leading relationships with external counsel where necessary and within Barclays requirements on external legal spend
•    Advising senior stakeholders of the firm including Managing Directors and Directors in Sales, Trading, Risk, Compliance, and Operations with respect to risks, controls, and legal 
•    Establishing and maintaining good relationships with senior stakeholders of the firm to establish client trading relationships and drive business priorities 
•    Partnering with colleagues in infrastructure areas of Barclays Investment Bank including in the Legal Department, Risk, Operations, Tax, Counterparty Risk Trading, and Treasury
•    Identifying processes that can be improved around data capture, technology, and documentation guidelines 

What we’re looking for:

•    Bachelor’s Degree
•    Several years of financial experience and negotiation experience of prime services agreements
•    Competency in Microsoft Word, Excel, Outlook, and PowerPoint

Skills that will help you in the role:

•    Demonstrated subject matter expertise in the suite of prime services agreements (including futures agreement, OTC Clearing Agreement (SCM model), and ISDA/CSA
•    Also including intermediation agreements (FXPB), repurchase agreements, stock lending agreement, and any supplementary agreements
•    Knows the importance of legal risk management in the context of document negotiation and the regulatory developments in the prime and derivatives industry 

Where will you be working?

You will be working at our Americas Headquarters at 745 Seventh Avenue. This 32-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

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