MUFG Union Bank ISDA Negotiator - Vice President - Markets in New York, New York
Do you want your voice heard and your actions to count?
Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world (as ranked by S&P Global, April 2020).In the Americas, we’re 13,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, developing positive relationships built on integrity and respect. It’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. We’re a team that accepts responsibility for the future by asking the tough questions and owning the solutions. Join MUFG and be empowered to make your voice heard and your actions count.
Job Summary :
The Americas Legal Department is looking for a Trading Agreements Negotiator with experience in negotiating ISDA Derivatives Master Agreements and other trading agreements. The role involves working with the attorneys in the department and internal and external clients in negotiating different types of trading agreements. We are looking for a versatile, dynamic team player with good quality prior experience in corporate and financial institutions and other sectors who can demonstrate all-round excellent technical, client care, organizational and communication skills together with an ability to manage conflicting perspectives in furtherance of legal risk management and optimized business flow.
Major Responsibilities :
Draft and negotiate trading agreements and related documentation, including ISDA Master Agreements and Credit Support documents, repurchase agreements and securities lending agreements, between MUFG in the Americas and its customers across all counterparty sectors and jurisdictions.
Review of and a good understanding of ancillary documentation related to derivatives including netting opinions, novation agreements, guarantees and any other documentation incidental to the type of products will also be required.
Review confirmations and related documentation with respect to a variety of asset classes.
Assist with and execute other project work and research as directed by line manager or as otherwise required.
Liaise with internal stakeholders in Sales, Credit, Risk Management and Operations.
Provide general support to other members of the legal team as required.
Maintain and update the internal trading agreements database.
We Require :
A minimum of a Bachelor’s degree.
Knowledge of and practical experience of working in the investment banking industry and experience in dealing with clients, counterparties and external legal counsel.
A minimum of 5 years prior experience negotiating ISDA documentation gained in-house within a similar role or in private practice.
Deep knowledge negotiating trading agreements with hedge funds, credit funds, private equity funds and infrastructure funds.
Sufficient general experience to understand the nature of new products related to any of the ISDA Master Agreements and the ISDA Credit Support documents, together with an ability to prepare and negotiate appropriate draft documentation.
Ability to demonstrate a high degree of commercial awareness and to make sound judgment calls in a fast-moving business environment, together with an ability to identify and manage contractual risk.
Excellent interpersonal communication skills and the ability to forge good relationships with internal and external stakeholders.
Ability to manage large workloads and tight deadlines.
Ability to work collaboratively on group projects and independently on individual assignments.
Excellent attention to detail and accuracy.
Strong analytical and problem-solving skills.
Flexible, pragmatic and professional approach to work.
Excellent organizational skills.
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate in employment decisions on the basis of any protected category.
A conviction is not an absolute bar to employment. Factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered in all employment decisions. Additionally, it’s the bank’s policy to only inquire into a candidate’s criminal history after an offer has been made. Federal law prohibits banks from employing individuals who have been convicted of, or received a pretrial diversion for, certain offenses.
Job: Global Markets
Primary Location: NEW YORK-New York
Schedule Full Time
Req ID: 35237