Negotiator (ISDA) 12 months

I am currently representing a bank with broad regional footprint in looking for a Negotiator (12 months). Keen to speak to candidates that are open to move into this space.

* Prepare, negotiate and execute Traded Market Documentation including, without limitation, ISDA Master Agreement and margin rules complied Credit Support Annex.
* Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which you are involved, specifically Internal Controls and any Compliance policy.
* Create and maintain appropriate records, databases/systems and filing systems (including Hang Seng proprietary databases, excel spreadsheets, scanning, archiving and retrieval of original agreements and/or working files etc.). Ensuring that documentation information is accurately recorded on appropriate systems.
* Be aware of the Operational Risk scenario associated with the role and act in a manner that takes account of operational risk considerations, including the performance of cross checking, auditing and any other internal or external controls mechanisms established for the group.
* Liaising with front office/credit/compliance/legal/back office concerning derivatives documentation and associated guidelines and procedures.
* Conducting meetings with the business and stakeholders and providing them with progress reports on pending negotiations, whilst working towards a mechanism to remove dormant negotiations.
* Assisting with educating business people and other control groups about significant issues relating to Traded Markets documentation and in particular, mandatory margin rules.
* Ensuring own and relevant team’s compliance with any agreed Service Level Agreement.
* Be able to provide assistance and/or education and/or discussions with other team members (including junior members) on technical issues and be able to share any market updates with the team.
* Ensuring relevant team’s adherence issues in relation to process and procedures are escalated to relevant Team Head or Regional Head.
* Completing tasks delegated by relevant Team Head or Regional Head in a satisfactory manner.
* University graduate with a minimum of 2 to 5 years relevant experience negotiating ISDA Master Agreements, other master agreements, and related or similar documentation.
* Legally qualified or law degree holders.
* Excellent oral and written communication skills.
* Demonstrate competence in working with Treasury documentation for derivative products.
* Excellent time and portfolio management skills.
* Strong and robust team player.
* Ability to work effectively under pressure, tight time frames and without direct supervision.
* Proactive and able to resolve bottlenecks or hold ups during negotiations.
* Ability to interact effectively with members of front office, Credit department, Operations department and their associated Project Managers.
* Excellent command of spoken and written English. Cantonese or Putonghua (Mandarin) or other language skills will be an advantage.
* Computer literate and proficient with MS Word, Excel and Powerpoint.