What are the responsibilities and job description for the AVP GCS Prime position at Barclays?
Global Contract Services Prime Services & Prime Derivatives Services Negotiator
Whippany, NJ
As a Barclays Global Contract Services (GCS) Prime Services & Prime Derivatives Services (PDS) Negotiator, you will be accountable for producing, negotiating and executing various capital markets contract documentation. You will be supporting the Prime Services and PDS businesses of Barclays with an assigned portfolio of Barclays counterparties.
Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.
What will you be doing?
- Facilitating the Prime Services and PDS trading business by drafting, negotiating and executing capital markets contract documentation for the As-Agent business
- Working with Futures Agreements, OTC Clearing Agreements, OTC Intermediation Agreements and any ancillary agreements with an assigned portfolio of Barclays clients
- Ensuring compliance with legal, regulatory and documentation risk controls and adhering to associated guidelines and procedures
- Conducting independent legal analysis and managing relationships with external counsel where necessary and within Barclays requirements on external legal spend
- Working closely with senior stakeholders of the firm including Managing Directors and Directors in Sales, Trading, Risk, Compliance and Operations
- Establishing client trading relationships, advising regarding risk controls, and explaining legal issues to them in a succinct and commercial manner in both written and oral form
What we’re looking for:
- Bachelor’s Degree
- 3 years of financial services experience
- Proficiency in Microsoft Word, Excel, Outlook, and PowerPoint
Skills that will help you in the role:
- Demonstrated expertise in suite of prime derivatives services agreements, including the futures agreement, OTC Clearing Agreement (FCM model), ISDA/ CSA, etc.
- Ability to learn legal and commercial concepts quickly for other master agreements not previously handled
- Ability to communicate clearly and effectively in both written and oral communications and tailor approach to the audience and the situation
- Understanding role and importance of legal risk management in the context of document negotiation and the regulatory developments in the prime services & derivatives industry
Where will you be working?
At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.