Master Documentation Negotiator (6 months contract)

Location: Singapore, Singapore
Contract Type: Contract
Specialisation: Banking & Financial Services Contracting
Salary: S$7000 - S$9000 per annum
REF: BBBH229650_1548297046

We are seeking an experienced legal person to join the Legal team of an established international bank on a 6 months contract to draft master agreements, review all critical termd and conditions of the client contract and replicate them to the Singapore subsidiary.

Job Purpose

  • Responsible for all Master Documentation Negotiation for key strategic clients, including ISDA, CSA, GMRA, GMSLA, ISDA/FIA Client Cleared OTC Derivatives Addendum and Intermediation/Prime Brokerage Agreements.
  • Create draft documentation using approved templates as requested and as required to support the global trading activities of SCB.
  • Ensure adherence to the Banks documentation policies.
  • Ensure the integrity of records by performing essential control functions (e.g., verification check in iCDMS & TCDS; Four eyes check upon execution).
  • To handle enquiries from customer both internally and externally.
  • Ensure control and audit requirements are adhered to.
  • Continuous review of all daily processes to improve the service provided and enhance controls.
  • Assist with regularity reform projects, including repapering of margin reform compliant IM/VM CSAs.

Key Responsbilities

  • Negotiating and drafting bespoke and vanilla master agreements.
  • Provide timely review of all ongoing documentation, following up outstanding files and documents - escalating items to senior management and relevant stakeholder, as required.
  • Ensuring quality service standards to both internal and external customers and to maintain consistency of approach.
  • Work closely with front office and credit to ensure all appropriate documentation is obtained/maintained.
  • Maintain accuracy and update documentation and data storage systems, iCDMS & TCDS.
  • Perform four eyes checks and complete pre execution checklist.
  • Adhere to control and audit requirements by following the User's Guide and DOI's.
  • Reinforce the Bank culture by collaborating with Credit/ Compliance and other appropriate areas to manage and deal with issues effectively.

Candidate Requirements

  • Min 3 years of relevant legal background
  • Knowledge of the Bank's policies and procedures in relation to Financial Markets documentation.
  • Thorough understanding of the ISDA documentation framework.
  • Understanding of other documentation relating to developing businesses in the Bank, i.e. GMRA, GMSLA, LME, etc.
  • Familiarity with other departments roles and relationships within the banking organisation.
  • The ability to handle pressure and conflicting priorities.
  • Knowledge of all new regulatory developments.

Interested applicants are encouraged to submit their CVs in MS Word format to cindy.tan@ambition.com.sg for an initial discussion.

Business Registration Number: 200611680D | Licence Number: 10C5117 | EA Personnel Registration Number: R1109257

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