Commercial Contract Specialist

3 days ago


Newcastle upon Tyne, Newcastle upon Tyne, United Kingdom Document Risk Solutions (DRS) Full time

About Us

Document Risk Solutions (DRS) is a leading legal consultancy specializing in commercial contracts related to derivatives, financing, and professional agreements. We provide solutions that deliver rapid and efficient negotiation and remediation of document portfolios for banks, asset managers, hedge funds, and trading firms globally.

Our Team

We have a team of experienced professionals, led by our directors, who have extensive legal and industry expertise in financial services. Our market-leading team is dedicated to providing exceptional service to our clients.

The Opportunity

You will join DRS as a Legal Consultant, supporting the negotiation of contracts on behalf of your assigned client within one of our DRS dedicated teams. You will work alongside leading industry practitioners, senior lawyers, and experienced colleagues to deliver high-quality results.

Responsibilities

  • Manage your own workload and prioritize tasks to meet deadlines.
  • Liaise with clients and their counterparties to draft, negotiate, amend, and execute commercial contracts, including ISDA agreements, CSAs, GMSLAs, GMRAs, NDAs, and Terms of Business.
  • Manage and update negotiation databases, keeping track of external communications and ensuring appropriate escalations within the team.
  • Provide information and wider reporting for internal DRS stakeholders and the client.
  • Participate in conference calls and/or face-to-face meetings within the DRS team, as well as with clients and counterparties.
  • Stay up-to-date with legal and regulatory developments in derivatives law and practice through research, attending industry-specific events, regular company breakfast club sessions, and the company's learning management system.

Requirements

  • You'll have at least a 2:1 Undergraduate degree in Law or an equivalent degree. If your degree is in a different discipline, a legal conversion qualification (Graduate Diploma in Law or the Common Professional Examination) is desirable.
  • Interest in developing a career in Law.
  • Close attention to detail and strength in organization and time management.
  • Excellent written and verbal communication skills.
  • Ability to build relationships with stakeholders and clients.
  • Ability to think creatively and solve problems.

Our Culture

We pride ourselves on cultivating an informal working environment with accessible senior management, open-plan offices, and a real team approach. We are committed to promoting equality of opportunity for all staff and job applicants.

Benefits

  • Health Insurance
  • Employee Assistance Programme
  • Perks and discount
  • Free Mental Health Support
  • Cycle to work scheme
  • 5% Employer Pension Contribution
  • Life insurance
  • Long-term sickness insurance
  • 25 days annual leave plus bank holidays
  • Training budget

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