Legal Executive London, England
Ameriprise Financial
Full Time
London, England
10.56 - 12.04 GBP Today
Job description
Assist the Front Office Legal Team in providing legal support in relation to all aspects of the sell-side relationships and front office documentation, with a particular focus on ISDA and GMRA master agreements.
Responsibilities
How you'll spend your time....
Required Qualifications
To be successful in this role you will have....
About Our Company
Responsibilities
How you'll spend your time....
- Negotiating ISDA, GMRA Master Documentation, execution clearing terms and cleaing agreements (including subsequent amendments) for OTC Derivative, ETD Derivatives and FX Transactions (supporting business partners in Columbia Threadneedle Investments).
- Keeping internal stakeholders informed on the progress of negotiations, including by attending internal update meetings with client directors, the onboarding team, client services and business partners.
- Ensuring new funds are added to the ISDA, GMRA and clearing agreements and execution clearing terms
- Assisting middle and back-office in the collateral set-up process for new funds
- Liaising with counterparties in relation to negotiation of master agreements
- Liaising with internal stakeholders and counterparty banks with regards to the onboarding of required funds to the relevant master agreements
- Attending regular progress update calls with the counterparty banks and ensuring efficient negotiation process by promptly escalating problematic issues
- Negotiating Master Confirmation Agreements for specific derivatives products.
- Managing internal legal review process of draft confirmations generated by counterparties
- Providing ad hoc support to the Front Office – GCO legal team, including completing documentation relating to trading a variety of financial instruments and/or global work where appropriate.
- Negotiating brokerage terms of business
- Assisting the legal counsel/s to ensure compliance with key regulatory developments in the derivatives, repo and trading space
- Promoting the implementation of negotiation parameters and templates in accrodance with internal guidelines set by requisite risk committees
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Maintaining dashboards and records of key agreements and terms.
Required Qualifications
To be successful in this role you will have....
- Paralegal or qualified legal executive with strong experiance;
- A team player with excellent communication skills, who enjoys technical work and a fast paced environment;
- Able to build successful working relationships across all relevant business areas and with counterparties;
- An interest in contributing to a global team and learning about the business and clients;
- Able to work independently, building own internal client network under supervision
- Able to pay attention to detail and manage workload autonomously; and
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Derivatives/repurchase transaction experience is not a must, experience with contract negotiations is desirable.
About Our Company
You’ll find the promise we make to our clients is the same one we make to our employees: Your success is our priority.
Here, you’ll find growth and career opportunities across all our businesses. We’re intentionally built to help you succeed. Our reach is expansive with a global team of 2,000 people working together. Our expertise is diverse with more than 450 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies and we have the capability to create bespoke solutions matched to clients’ specific requirements.
Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base. We welcome applications from returners to the industry.
We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.
Here, you’ll find growth and career opportunities across all our businesses. We’re intentionally built to help you succeed. Our reach is expansive with a global team of 2,000 people working together. Our expertise is diverse with more than 450 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies and we have the capability to create bespoke solutions matched to clients’ specific requirements.
Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base. We welcome applications from returners to the industry.
We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.
