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Contract Negotiation Specialist

2 months 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, trusted by banks, asset managers, hedge funds, and trading firms globally.

Established in 2009, we have a team of approximately 100 members of staff operating from our offices in London and Newcastle. Our market-leading team is led by directors with extensive legal and industry expertise within financial services.

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 dedicated teams. You will work alongside leading industry practitioners, senior lawyers, and experienced colleagues, exposed to a wide range of financial institutions.

This is a client-facing role with considerable responsibility from the outset, offering opportunities for progression within your team. You will be supported by experienced colleagues and have access to a wealth of materials, including videos, presentations, and guidance notes, available on our learning management system.

As a Legal Consultant, you will have the opportunity to be considered for a training contract once in the role, should you meet the stipulated criteria. We have vacancies across numerous teams, offering both permanent and fixed-term contracts in our Newcastle office.

Responsibilities
  • Manage your workload and prioritize tasks effectively.
  • 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, tracking 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 our 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.
  • Able to speak German fluently.
  • 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 have received The Sunday Times 'Best Small Company to Work for' award in 2019 and 2020. We offer a flexible working culture, asking staff to attend the office for 2 core days a week.

We're a diverse firm, speaking over 20 languages, with staff from over 23 countries. Our inclusive, supportive, and innovative team dynamic strives to do the right thing for our clients, colleagues, and the business. We take pride in the work we do, the decisions we make, and the interactions we have.

At DRS, we're dedicated to supporting your learning and development. We offer an extensive career pathway to assist your growth and career goals, enabling you to envision a long-term future with us. We provide a range of training materials on our learning management system, including legal, technical, and soft skills training.

We offer a sociable and collaborative culture, building relationships with each other and our clients. We aspire to improve ourselves by knowing and understanding more each day, sharing knowledge and insight. We hold regular team meetings, weekly 1-2-1 sessions, and monthly company-wide updates from our CEO. We also offer a social side to coming to work, hosting regular social events, team lunches, activities, and Friday drinks/snacks.

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
Equal Opportunities

We're committed to promoting equality of opportunity for all staff and job applicants. We aim to create a working environment where all individuals can make the best use of their skills, free from discrimination or harassment, and where all decisions are based on merit. Return to work and flexible working conversations are also encouraged and supported.

We don't discriminate on the basis of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, color, nationality, ethnicity, ethnic or national origin, religion or belief, sex or sexual orientation, or gender reassignment status. If you require any adjustments for interview, please let us know, and we'll be happy to accommodate.

We're dedicated to giving back and supporting our local community. We have an annual charity plan that provides opportunities for our staff to take paid time off to help the local community. We're also an accredited living wage employer, believing investment in our people is a true reflection of our company values.

Use of Data

If you apply to this position, we'll hold personal data and your CV and/or application to DRS roles within our recruitment database (Workable) for a maximum of 24 months, for the purpose of considering you for this/current and future roles. After this time, your information will be deleted. If you wish for us to delete this information right away, please let us know.

You can also view our prospective employee and all of our updated GDPR compliant privacy here: https://drs-