Natixis is the international corporate, investment, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France with 35 million clients spread over two retail banking networks, Banque Populaire and Caisse d'Epargne.
With more than 16,000 employees, Natixis has a number of areas of expertise that are organized into three main business lines: Corporate & Investment Banking, Investment Solutions & Insurance, and Specialized Financial Services.
A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE's banking networks.
Thw Master Agreement negotiator will be involved in the drafting, negotiation and completion of various Master Agreements. The position will also include negotiating with many types of counterparty in a variety of jurisdictions, with the review of netting and collateral opinions.
Specific duties will include:
Negotiation of ISDA, CSA, EMA, GMRA and GMSLA Agreements and associated Amendments;
Upon allocation of new instruction from Paris or London, preparing draft contract from appropriate template, taking into account any specific jurisdictional and risk requirements and forwarding draft to counterparty;
Updating the Master Agreement and Client Services databases with progress of each name;
Liaising internally with Front Office, Risk, the rest of the Client Services team, Back Office, Collateral Management, Tax etc throughout negotiation process to ensure Master Agreement terms are within agreed parameters;
Progressing the negotiation as far as possible and updating relevant areas internally of any delays encountered. Preparing execution copies of Master Agreement;
Ensuring completed Master Agreement complies with jurisdictional requirements for netting;
Instructing external counsel as may be necessary;
Take part in the broader Client Services team work by, inter alia, maintaining, updating and following processes implemented by the Client Service Department;
Participate to the broader onboarding process where requested in order to ensure a smooth client onboarding, i.e. work closely will all other Client Services team members to achieve a smooth onboarding process and take an active part, where needed/requested, to all aspects that the Clients Services is dealing with;
Ensure smoothness of process in strong coordination with Paris based Client Services teams.
Previous working practice of negotiating a range of Master Agreements to include ISDA, CSA, GMRA and GMSLA. It is expected that candidates will have negotiated with a broad range of counterparties in a variety of jurisdictions.
Familiarity with netting and collateral opinions.
Legal background useful
Negotiation skills, attention to detail, accuracy, language skills, good organisational skills. Ability to work with varied portfolio of names.
French language useful
Date de publication:23/07/2018