Prime Services and Prime Derivative Services

3 weeks ago


Birmingham, United Kingdom eFinancialCareers Full time

Job Summary
- Birmingham
- Permanent
- JN -022023-1925997
- Feb 21, 2023
- Competitive

**Job Description**:
One of the UK's premier banks is looking for a Prime Services and Prime Derivatives Negotiator to join their growing team based in Birmingham.
**The company**
Our client is one of the world's largest and most respected financial institutions, with hundreds of years of success, quality and innovation behind us. They support consumers and small businesses through their retail banking services, and larger businessesand institutions through their corporate and investment banking services.
**The role**
This role is part of a global team primarily responsible for the negotiation and execution of master trading documentation for our client's client-facing Markets business.
A Prime Services and Prime Derivatives Services (PDS) Negotiator is responsible for drafting, negotiating and executing various master trading documentation in support of the our client's Prime Services, Exchange Traded Derivatives, OTC Clearing, Intermediation,Securities Financing Transaction and Securitised Products businesses.
**The responsibilities**:

- Facilitating the prime services trading business by drafting, negotiating and executing capital markets contract documentation
- Covering a wide portfolio of work, ie: ISDA Master Agreements and Credit Support Documents, Global Master Repurchase Agreements and Global Master Securities Loan Agreements
- Conducting independent legal analysis and managing relationships with external counsel
- Liaising with Sales, Trading, Credit Risk, Compliance and Operations on documentation and associated guidelines and procedures
- Establishing and maintaining strong relationships with senior stakeholders of the firm including Managing Directors and Directors

**The requirements**
Essential requirements:

- Bachelor's degree or educational equivalent
- Experience with a financial services firm or law firm
- Competence in Microsoft Word, Excel, Outlook, and PowerPoint
- Experience, knowledge and understanding of the suite of prime services agreements, the financial industry and Legal roles
- Strong analytical and drafting skills

Desired requirements:

- Strong ability to navigate through various IT systems used by the Legal function

Morgan McKinley is acting as an Employment Agency and references to pay rates are indicative.


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