Jobs · Business Development · New York

Vice President – Global Markets Documentation, Prime Brokerage and ISDA Negotiation

TD · New York, NY · 2 wk ago
On-siteBusiness Development$225k/yrFull-time

About the role

The Global Markets Documentation Team is an integral part of TD Securities. The group provides best-of-class service to business partners in TD Bank Financial Group (the Bank) through negotiation and execution of agreements that govern capital markets trading products. The team is committed to providing a seamless client experience while managing the Bank’s risk.

Responsibilities

  • Lead negotiations of ISDA Master Agreements, CSAs, Master Confirmation Agreements, Regulatory IM Documents, Account Control Agreements, Custody Agreements, Prime Brokerage Agreements and Term Commitment Agreements, with a variety of counterparties, including hedge funds and registered funds
  • Lead or participate in internal calls with senior credit officers and front office contacts, as well as calls with clients and external legal counsel, to discuss issues that arise during negotiations of trading agreements and/or prime brokerage related documents
  • Liaise and coordinate with internal stakeholders, such as Credit, Business, Tax, Legal, Operations and Collateral Management, during the documentation process
  • Provide timely updates to the Business on the status of negotiations, whether via weekly calls or through the team's internal document tracking system
  • Support internal initiatives related to documentation, process automation, and regulatory compliance

Requirements

  • Law degree is required
  • 5+ years of solid legal, trading documentation, capital markets, origination or related experience

Preferred Qualifications

  • J.D. required, New York Bar Admission preferred
  • 6-8 years of experience (either at a law firm or a dealer)
  • Strong North American prime brokerage negotiation experience, together with experience negotiating term commitment agreements and custody agreements
  • Solid experience negotiating ISDA Master Agreements, Credit Support Annexes, Master Confirmation Agreements and Account Control Agreements with hedge funds and registered funds
  • Experience negotiating the full suite of regulatory initial margin documentation

Skills

  • Ability to lead negotiations of Prime Brokerage Agreements, Term Commitment Agreements, ISDA Master Agreements, CSAs, Master Confirmation Agreements, Regulatory IM Documents, Account Control Agreements and Custody Agreements with a variety of counterparties, including hedge funds and registered funds
  • Ability to lead or participate in internal calls with senior credit officers and front office contacts, as well as calls with clients and external legal counsel, to discuss issues that arise during negotiations of trading agreements and/or prime brokerage related documents
  • Ability to liaise and coordinate with internal stakeholders, such as Credit, Business, Tax, Legal, Operations and Collateral Management, during the documentation process
  • Ability to provide timely updates to the Business on the status of negotiations, whether via weekly calls or through the team's internal document tracking system
  • Ability to support internal initiatives related to documentation, process automation, and regulatory compliance

Benefits

TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience at TD. Our compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role.

Pay

$225,000 - $225,000 USD

Schedule

Hours 40

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