Negotiator, Global Contract Services

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.

Vice President Expectations

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures..
• If managing a team, they define jobs and responsibilities, planning for the department's future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements..
• 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 be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and coach less experienced specialists and provide information affecting long term profits, organisational risks and strategic decisions..
• Advise key stakeholders, including functional leadership teams and senior management on functional and cross functional areas of impact and alignment.
• Manage and mitigate risks through assessment, in support of the control and governance agenda.
• Demonstrate leadership and accountability for managing risk and strengthening controls in relation to the work your team does.
• Demonstrate comprehensive understanding of the organisation functions to contribute to achieving the goals of the business.
• Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategies.
• Create solutions based on sophisticated analytical thought comparing and selecting complex alternatives. In-depth analysis with interpretative thinking will be required to define problems and develop innovative solutions.
• Adopt and include the outcomes of extensive research in problem solving processes.
• Seek out, build and maintain trusting relationships and partnerships with internal and external stakeholders in order to accomplish key business objectives, using influencing and negotiating skills 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 - Vice President. Where you'll spearhead the evolution of our Legal function by overseeing technical delivery within the team involves negotiating master trading documentation for the firm's global markets business and recognized as a subject matter expert on master agreements managed by Global Contract Services. In this role, you will be responsible for drafting, negotiating and executing master and collateral agreements and ancillary documentation (e.g., ISDAs, GMRAs, GMSLAs, Futures Agreements) in support of 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. This is an exciting opportunity to join the largest team within Barclays Legal.

To be successful as a Negotiator, Global Contract Services - Vice President, you should have experience with:

• Experience within the financial industry, with a focus on derivatives master agreements
• Strong negotiation and portfolio management skills
• Familiarity with collateral arrangements and credit support annexes
• Familiarity with industry netting and collateral opinions
• Strong grasp of regulatory requirements and jurisdictional nuances, e.g. Initial Margin requirements/Variation Margin requirements under the various regulatory regimes
• Ability to support team members in managing negotiations with clients, including sharing know-how on possible approaches, drafting of variations and ability to work closely with Markets lawyers on issues associated with those variations
• Ability to assess documentation templates, current processes, systems or approvals and provide workable solutions/alternatives, whether to stakeholders or within the team
• Ability to perform execution checks on negotiations completed by other team members, highlighting gaps in approvals obtained/drafting/processes and interaction between systems
• Experience managing projects within a clearly defined framework that emphasizes strong commercial management alongside quality and timely legal deliverables
• Ability to manage risk and controls effectively for the team, by applying applicable risk frameworks and embedding a positive risk culture
• Strong leadership, communication, time management and organizational skills
• Strong experience in draft, negotiate and complete all necessary derivative agreements (ISDA CSA, GMRA, GMSLA)etc.
• Open to work UK hours.
• Bachelor's or Master's Degree.

Some of Highly Valued Skills may include:

• Ability to work independently but is also able to work well in a team environment
• Strong ability to navigate through various IT systems used by the Legal function, e.g. our document management systems, Sharepoint, Jetbridge, etc.

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.

And is based in our Pune, IN office. There are multiple positions in this requisition.