Negotiator, Global Contract Services - AVP

Job description

Job Description Purpose of the role To ensure that the operations in the country or region are conducted in compliance with applicable laws and regulations, and to help the bank manage legal and reputational risks associated with these activities. Accountabilities Development and implementation of best practice legal strategies for risk management and compliance. Legal advice and support to the bank's country coverage teams on a wide range of legal issues, including regulatory compliance, risk management, project management and transactional matters. Representation of the bank in legal proceedings related to its operations in the country or region, such as litigation, arbitration, and regulatory investigations. Creation and review of legal documents such as loan agreements, security documents, and other financing documents to ensure compliance with applicable laws and regulations. Legal research and analysis to stay up to date on changes in laws and regulations that may impact the bank's operations in the country or region. Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the bank's operations in the country or region. 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. Assistant Vice President Expectations To advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness. Collaborate closely with other functions/ business divisions. Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes 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 will lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes. Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues. Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda. Take ownership for managing risk and strengthening controls in relation to the work done. Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function. Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy. Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively. Communicate complex information. 'Complex' information could include sensitive information or information that is difficult to communicate because of its content or its audience. Influence or convince stakeholders to achieve outcomes. 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 – AVP 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 – AVP 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, support team members in managing client negotiations, perform supervisory checks for the team highlight gaps in approvals obtained, drafting, 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.