Job Description
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.
Analyst Expectations
- To perform prescribed activities in a timely manner and to a high standard consistently driving continuous improvement.
- Requires in-depth technical knowledge and experience in their assigned area of expertise
- Thorough understanding of the underlying principles and concepts within the area of expertise
- They lead and supervise a team, guiding and supporting professional development, allocating work requirements and coordinating team resources.
- 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 develop technical expertise in work area, acting as an advisor where appropriate.
- Will have an impact on the work of related teams within the area.
- Partner with other functions and business areas.
- Takes responsibility for end results of a team’s operational processing and activities.
- Escalate breaches of policies / procedure appropriately.
- Take responsibility for embedding new policies/ procedures adopted due to risk mitigation.
- Advise and influence decision making within own area of expertise.
- Take ownership for managing risk and strengthening controls in relation to the work you own or contribute to. Deliver your work and areas of responsibility in line with relevant rules, regulation and codes of conduct.
- Maintain and continually build an understanding of how own sub-function integrates with function, alongside knowledge of the organisations products, services and processes within the function.
- Demonstrate understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
- Make evaluative judgements based on the analysis of factual information, paying attention to detail.
- Resolve problems by identifying and selecting solutions through the application of acquired technical experience and will be guided by precedents.
- Guide and persuade team members and communicate complex / sensitive information.
- Act as contact point for stakeholders outside of the immediate function, while building a network of contacts outside team and external to the organisation.
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.
Step into the role of a Negotiator, Global Contract Services – BA4 where you will be a part of the largest team within Barclays Legal, drafting, negotiating and executing master and collateral agreements and ancillary documentation (e.g., ISDAs, GMRAs, GMSLAs, Futures Agreements) for our global Markets client-facing franchise. You will conduct diligence, negotiate with clients directly and engage extensively with internal stakeholders such as credit risk, sales and trading, collateral management, treasury, tax and client onboarding.
To be a successful Negotiator, Global Contract Services – BA4 you should have:
Expertise in negotiation of financial markets contracts such as the ISDA Master Agreements (including IM and VM credit support annexes), GMRA, MRA, GMSLA, MSFTA, FXPB, Equities Prime Brokerage suite
Strong grasp of industry netting & collateral opinions, regulatory requirements and jurisdictional nuances, e.g. IM /VM requirements under various regulatory regimes
Ability to expertly manage a negotiations portfolio, processes or interaction between systems used in the process
Ability to assess documentation templates, current processes, systems or approvals and provide workable solutions/alternatives, whether to stakeholders or within the team
Experience in managing projects within a clearly defined framework with an emphasis on strong commercial management alongside quality and timely legal deliverables
Strong communication, time management and organizational skills with a risk & controls mindset
Openness to flexible work hours
Basic /Essential Qualifications
Bachelor’s or master’s degree in law
Strong legal analytical and drafting skills, communication, time management and organizational skills
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.
The location is Pune.