Institutional Equity Division - Associate, Documentation Negotiator (New York)
About the role
The Institutional Equity Division (IED) is a global leader in the origination, distribution and trading of equity, equity-linked and equity-derivative securities. The Firm’s equity Sales & Trading operations provide liquidity, distribute content, and create product solutions to help clients generate alpha. The Equity Financing Products department acts as a strategic partner to more than 800 top hedge fund managers, executing and clearing trades across asset classes, time zones, and currencies; providing financing and expertise to help manage risk and benefit from technology; and consulting to help launch new funds and connect with potential investors. The IED Documentation team, consisting of eight attorneys within IED’s global Risk Management team, negotiates, drafts, and executes trading agreements with clients and their counsel in advance of trading, making risk‑based decisions on client negotiation requests.
Responsibilities
- Negotiate full suite of trading agreements including, but not limited to, ISDA Master Agreements and Credit Support Annexes, stock loan, prime brokerage agreements, listed derivative trading agreements, OTC clearing agreements, tri-party control agreements, master confirm agreements, confidentiality agreements, electronic trading agreements and other trading-related agreements
- Liaise with IED Sales and Trading desks, as well as members of the Firm’s Legal, Risk, Credit and Onboarding teams
- Serve a client base that includes hedge funds, mutual funds, pensions, insurance companies, banks, corporates and money managers
- Act as the primary point of contact with clients and their counsel for all negotiations
- Interact with clients regarding new industry rules and regulations
Qualifications
- 1-2+ years’ experience negotiating trading agreements at a broker/dealer, buy‑side firm and/or law firm
- Strong verbal and written communication skills; attention to detail; ability to meet timing deadlines on multiple projects
- Contract drafting experience
- Ability and initiative to proact