ISDA Master Negotiator - 12 month Fixed Term Contract

Job description

Environment

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like 'hard work' and 'dedication' together with 'community' and 'respect' has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Mission

Summary

Societe Generale's Investment Banking Division operates in all major markets with close to 12,000 staff in more than 30 countries. The development of its OTC derivatives trading activities continues apace, driven by the ambition to grow market share. Keys to future success are: the continuous development of client onboarding capability, the successful embracing of an increase in market sophistication and the intelligent adaptation to the challenges of ongoing regulatory change.

The Bank's global activities for onboarding are supported by a dedicated global division of SG Group's legal department based in London and operating from London and its main hubs in Paris, New York, Hong Kong and Bangalore. The successful candidates will form part of this global division and report to the London Head of Master Agreements, who has worldwide responsibility for English law governed documentation. The London Head of Master Agreements reports to the Global Head of Master Agreements, also based in London.

The legal team has strong alignment with business and operational activity globally and therefore plays a key strategic role in the success of Societe Generale's OTC markets ambitions. The team interacts directly both with external counterparts and with members of internal business divisions while also coordinating the efforts of credit, risk, operations and collateral teams who share responsibility for the success of SG's client onboarding activities.

Candidates are expected to demonstrate an ability to make a quick start and willingness and aptitude to take on responsibility. The more experienced candidates should also be able to demonstrate both sound technical knowledge and good case management skills.

The candidates will therefore have the opportunity to broaden their current skills, or have the opportunity to learn or fill gaps in their experience across the whole range of OTC agreement types in a multitude of jurisdictions through interaction with a broad range of client categories, from both the financial and corporate fields.

Main responsibilities

·  Manage a caseload of both ISDAs and related agreements (e.g. CSAs), repo and stock-lending and other financial markets documentation
·  Negotiate master agreements with counterparties in compliance with the Bank's global policies and procedures
·  Liaise with the Bank's business lines and external counterparties
·  Undertake legal analysis of counterparties and their relevant legal structures, capacity and authority and netting analyses
·  Support the operational departments in their activities in relation to master agreements, collateral, risk and OTC confirmations
·  As well as taking responsibility for client negotiations, the candidates will be called upon to lead or participate in a range of projects relating to the legal and operational aspects of derivatives products
Specific context

·  The ideal candidate will be able to demonstrate:
·  suitable experience in negotiating ISDAs and other master agreements (preferable)
·  some experience and knowledge of derivatives products and familiarity with different categories of client including hedge funds, investment funds, other financial institutions and corporate;
·  an awareness of the key aspects of financial regulation in relation to global markets;
·  good project management and case management skills; and
·  suitability for, and track record in, working in a team

Evolution

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.

Desired profile

Profile

Education

·  University Graduate, or equivalent
·  English qualified, law degree or strong interest in law
·  European law qualified or law degree with some grounding in English law principles
Languages

·  Fluent English, scope to use French or other major languages
Technical skills

·  Understanding of legal technical and analytical skills
·  Strong negotiation and resolution skills
·  Strong teamworking and collaboration skills
·  Ability to monitor own workload and meet work objectives
·  Self-motivation and ability to manage the demands of a fast moving environment
·  Strong interpersonal and analytical skills
·  Good working knowledge of Microsoft Office suite of applications, especially Excel and Lotus Notes
Personal abilities

·  Intelligent, articulate, friendly and approachable