Senior ISDA Negotiator, Director

The anticipated salary range for this role is between $182,000.00 and $260,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire.

The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.

Role Description

The Senior ISDA Negotiator, Director will provide support with respect to the negotiation and review of legal documentation (including ISDA Master Agreements and Credit Support Annexes) and other forms of documents relating to the derivatives business.

A Director plays a more prominent role in assisting the team manager in day-to-day questions from various stakeholders and including assisting with the development, mentorship and management of more junior staff.

A Director handles more complex and time sensitive negotiations and projects and takes a more active and independent role in management of their matters.

Role Objectives

• Assist the team manager in the development of junior staff. Provide guidance and support for day-to-day questions.
• Draft, review and negotiate (i) Schedules to ISDA Master Agreements, (ii) Credit Support Annexes (regulated and unregulated versions), (iii) Repurchase Transactions (MRA / GMRA), (iv) Master Securities Loan Agreements (MSLA / GMSLA) and ancillary documentation relating to such agreements, together ( Master Agreement Documentation ).
• Review finance documentation (including credit agreements, security agreements, collateral agency agreements, pledge agreements and intercreditor agreements) in connection with ISDA documentation related to financing structures.
• Draft memos summarizing the key commercial and legal terms in any document being executed, and coordinate execution of agreed documentation management.
• Review memos prepared by junior staff.
• Answer queries from internal stakeholders including front office, operations, confirmations and management.
• Stay abreast of new policies and market trends or developments within the industry and recommend or implement changes to ISDA documentation accordingly.

Qualifications and Skills

• Knowledge of Master Agreement Documentation and industry practice.
• Strong communication skills. Ability to convey complex legal terms or ideas to internal stakeholders in a simple and effective manner.
• Excellent negotiation and communication skills.
• Ability to work closely and collaboratively with other departments
• Strong time management skills and ability to prioritize matters based on business expectations.
1 day ago