Main responsibilities are :
- Responsible for leading teams in managing, preparing and negotiating ISDA Master Agreements, Credit Support Agreements, Give Ups, Global Master Repurchase Agreements and Securities Lending Agreements and Prime Brokerage documents for a variety of clients
- Work closely with the onshore legal teams and in turn with credit department, risk department, back office and the sales coverage.
- Effectively manage a challenging and changing portfolio of clients along with financial markets related projects.
- To assist management of the Bank procure that appropriate forms of master agreements are used for dealings with third parties with adequate protections and remedies to address credit and event risk, and help determine that transactions with third parties are valid and enforceable under the laws of all relevant jurisdictions.
- To identify and find ways to reduce legal risk.
- To identify and ensure compliance with internal policies and dispensation procedures.
- Managing teams handling other legal tasks such as providing company secretarial support services, legal MIS etc.
- Leverage best practices and structure/standardize the activities within legal support team across regions
- Able to manage resource allocation and utilization, and resource training
- Able to manage day to day operations with ontime delivery as per the given quality standards
Technical / Functional skills :
- Overall 15+ years experience and at least 5+ years of experience as Senior In House Legal Counsel / Head of Legal Dept. with a strong experience working in an onshore location and Europe in particular
- Prior exp in an MNC bank OR in an LPO in India is preferred
- LL B or LL M (UK/US) / ACS or FCS / Preferable to have foreign legal qualification
- Experience in providing legal and trading/clearing documentation support to an investment bank operating globally in connection with derivatives transactions, stock lending and borrowing activities, together with execution and clearing services
- Good understanding of the global markets and cross border regulation is preferred
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