Global Banking & Markets, ISDA Negotiator, Vice President, DallasDallas, Texas, United States
Global Banking & Markets, ISDA Negotiator, Vice President, Dallas
Global Banking & Markets, ISDA Negotiator, Vice President, DallasDallas, Texas, United States

Global Markets 

Our core value is building strong relationships with our institutional clients, which include corporations, financial service providers, and fund managers. We help them buy and sell financial products on exchanges around the world, raise funding, and manage risk. This is a dynamic, entrepreneurial team that includes individuals who have a passion for the markets and who thrive in fast-paced, changing environments and are energized by a bustling trading floor.

At Goldman Sachs, our culture is one of teamwork, innovation and meritocracy. We often say our people are our greatest asset and we take pride in supporting each colleague both professionally and personally. From collaborative work spaces and ergonomic services to wellbeing and resilience offerings, we offer our TDG professionals the flexibility and support they need to reach their goals in and outside the office.

YOUR IMPACT 

PDO is seeking documentation professionals who will have the opportunity to negotiate a broad variety of trading and regulatory documentation.

The candidate will ideally have experience in negotiations of ISDA documentation suite, including various types of credit support arrangements, as well as regulatory initial margin documentation and CDEA. Experience with repurchase, securities lending or prime services documentation is also valuable.

PDO culture encourages individuals to bring purpose and authenticity to the team environment, where we role model behaviours and take responsibility for demonstrating our shared values. The candidate will be a self-motivated, results-driven, and proactive team player who takes ownership for their work. This is a growing team that encourages an entrepreneurial, innovative, and analytical approach to providing client solutions.

OUR IMPACT 

The team is responsible for providing outstanding service by engaging with clients, understanding their trading activity/strategy. We handle all aspects of the relevant trading documentation negotiation and are therefore an essential component in the creation and maintenance of a trading relationship with a given client.

Principal Responsibilities

 

  • Responsible for complete documentation process from drafting, reviewing, and negotiating to execution & filing of the CDEA, ISDA/CSA, GMRA, GMSLA, MSFTA’s suite of documentation and Master Confirmation Agreements for all Equity Derivative products and related ancillary documents; and related regulatory initial margin documents
  • Review of legal opinions on netting and collateral enforceability including liaising with external counsel
  • Development and execution of negotiation strategies, outside of a playbook, to balance client and GS needs
  • Independently lead complex and/or sensitive negotiations for high profile clients 
  • Working closely with the Franchise and Prime business, in particular (Franchise) New Business Group and Client Services 
  • Provide mentoring, training and coaching for junior team members
  • Responding to queries on the master documentation from various departments including the front office
  • Ongoing opportunity to challenge existing controls/processes and leverage your experience to identify risks and improve the effectiveness of the team
  • Develop and nurture relationships across the firm to build consensus and execute on initiatives
  • Actively participate in community engagements to foster PDO’s culture of support and inclusiveness

     

Preferred Experience and Skills

 

  • Bachelor’s degree or equivalent or JD with a minimum of three years of experience in Legal/Trading Documentation role (including within a Credit, Risk or Treasury function) or attorney/paralegal experience within a law firm.
  • Knowledge of various legal entities including funds, insurance companies and pensions. 
  • Proven excellent organizational and prioritisation skills and attention to detail, especially under pressure. 
  • Proven ability to negotiate and review detailed legal documents with an eye for detail and accuracy, particularly around documentation terms. 
  • Ability to ensure consistency across documentation and know when to escalate issues. 
  • Good interpersonal and communications skills. 
  • Enthusiasm and interest in development of documentation skills and using such skills for the completion of negotiation process. 
  • Flexibility and willingness to learn new skills and develop full job ownership. 
  • Strong commercial acumen with a keen interest in derivative, repo, securities lending markets and products and/or prime brokerage products and services.
  • Ability to interact with and influence business stakeholders and clients in order to negotiate, build consensus, control risks and improve operational efficiency. 
  • Proficient in IT and able to adapt to various databases/systems.
  • Additional language skills (in French, German, Italian, or Spanish) would be preferable for verbal and written communication.