GCS Prime Services and PDS Negotiator

New York, United States

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Date live: Oct. 11, 2022

Business Area: COO & Functions

Area of Expertise: Legal

Reference Code: 90280658

Contract: Permanent/Regular

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Global Contract Services, Prime Services and Prime Derivatives Services Negotiator
New York

As a Barclays Global Contract Services, Prime Services and Prime Derivatives Services Negotiator, you will produce, negotiate and execute various capital markets contract documentation. The documentation is supporting the Prime Services and Prime Derivatives Services (PDS) businesses of Barclays with an assigned portfolio of Barclays counterparties. Global Contract Services (GCS) is responsible for the legal review, preparation, negotiation and execution of various types of master agreements.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

What will you be doing?
•   Drafting, negotiating and executing capital markets contract documentation with an assigned portfolio of Barclays counterparties using Barclays templates
•   Ensuring compliance with legal, regulatory and documentation risk controls and adhering to associated guidelines and procedures
•   Conducting independent legal analysis and managing relationships with external counsel where necessary and within Barclays requirements on external legal spend
•   Working closely with senior stakeholders of the firm to establish client trading relationships
•   Providing advice regarding risk controls and explaining legal issues to senior stakeholders in a succinct and commercial manner in both written and oral form
•   Partnering with relevant internal stakeholders for ad hoc projects (both regulatory driven and otherwise) and successfully managing them to completion
•   Managing the negotiations process by understanding and identifying potential risks and other issues in a timely manner in the process of the negotiation
•   Providing creative and pragmatic solutions to progress negotiations and provide succinct and clear explanations of the legal issues and the rational of decisions reached

What we’re looking for:
•   Bachelor’s degree or equivalent years of service
•   Excellent experience in financial services
•   Substantial experience, knowledge and understanding of the suite of prime services agreements, the Financial industry and Legal roles
•   Competence in Microsoft Word, Excel, Outlook, and PowerPoint

Skills that will help you in the role:
•   Expertise in suite of Prime Services and PDS and an ability to pick up legal and commercial concepts quickly for other master agreements not previously handled
•   Communicating clearly and effectively in both written and oral communications and tailoring approach to the audience and the situation
•   Understanding the importance of legal risk management in the context of document negotiation and regulatory developments in prime services and derivatives industry
•   Ability to understand and explain the business, regulatory and legal impact of issues raised and make timely decisions, as applicable

Where will you be working?
You will be working at our Americas Headquarters at 745 Seventh Avenue. This 37-story office tower is located in Times Square in the heart of Manhattan and features a cafeteria, fitness center and state-of-the-art LED signage on the facade of the building.

More about working at Barclays

Our approach to hybrid working ensures there’s the right balance of working alongside colleagues at our onsite locations, as required for each role. For business areas that offer a hybrid working experience, this will be in a structured way, where colleagues work at an onsite location on fixed, ‘anchor’, days of the week. Some roles may require full onsite working. Please discuss the working pattern requirements for the role you are applying for with the hiring manager.

We continue to embed and review our hybrid working environment and remain in a phase of testing and learning. This means that working arrangements could change, with reasonable notice, to align with the needs of our business.

Barclays welcomes applications from all candidates and is committed to ensuring reasonable adjustments (accommodations) are put in place to allow for a fair and inclusive recruitment process. For more information and how to request one, please review Adjustments to the recruitment process.

We’re committed to providing an inclusive culture and environment, that recognises and supports ways to balance your personal needs, alongside the professional needs of our business. Providing the opportunity for all our employees globally to work flexibly empowers each of us to work in a way that suits our lives, as well as enabling us to better service our customers’ and clients’ needs.

Our approach to working flexibly is designed to support you to balance your life and to accommodate diverse needs, whilst still allowing us to meet our business needs. If you’d like to request a flexible working arrangement, please discuss this with your hiring manager.

We're committed to providing a supportive and simplified experience for our candidates throughout the application and assessment process. Here, you will find information about what to expect and some guidance around your assessment and interview.

While the application process depends on the role, there are some constant steps, which are;

Step 1 - Your application
Step 2 - Your assessment
Step 3 - Your interview
Step 4 - Next steps

We aim to create an inclusive work environment where everyone can reach their full potential. If you require any adjustments to our recruitment process, please click here to learn more.

Find out more information here.

Barclays offers a diverse, inclusive and engaged culture. A place where people can bring their whole selves to work and be respected for who they are, valued for what they do and celebrated for their contribution to our business and our community.
We are an equal opportunity employer and opposed to discrimination on any grounds. It is the policy of Barclays to ensure equal employment opportunity without discrimination or harassment on the basis of race, colour, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Barclays is required by law to confirm that you have the Legal Right to Work in any role that you apply for. If you currently hold a work visa sponsored by Barclays, or you would require sponsorship from Barclays, you must declare this as part of your application. Sponsored visas are role and entity specific and any changes must be reviewed. It is important that you ensure you are working on the correct visa at all times. Failure to accurately disclose your visa status or Legal Right to Work may result in your application or any employment offer being withdrawn at any time.

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