Associate Director, Global Markets Documentation

1.
JOB PURPOSE:

Tosupport the Global
Markets Business by processing and coordinating legal documents related to
the Global Markets Business.

Responsible for
negotiating legal agreements specializing in ISDA Master Agreements, Credit
Support Annexes. Guarantees and Ancillary documents.

2.
KEY ACCOUNTABILITIES:

§  Support, process and maintain
all legal documentation and trading agreements for the Global Markets unit.
These documents include ISDA/CSA and GMRA documents required to conduct
derivatives trading with both corporate clients and Financial Institutions,
Islamic Murabaha and Wakala agreements, industry related memberships, system
contracts, SLAs, NDAs, Brokerage agreements and all other Legal Contracts
signed by the business in support of business activities.

§  Support in negotiating terms,
conditions and commercial issues with counterparties and third parties for legal
and business contracts for the bank. Contracts include ISDAs, CSAs, GMRAs,
NDAs, Islamic Agreements, FX trading, Brokerage agreements, SLAs and other
legal contracts signed within Global Markets.

§  Responsible for negotiating
the full suite of legal agreements specializing in ISDA Master Agreements,
Credit Support Annexes. Guarantees and Ancillary documents. Supporting and
providing assistance to the Head of Global Markets Documentation team as and
when required.

§  Negotiating and Managing
documentation – A sound understanding of reviewing, drafting, researching and
negotiating complex legal contract with key clients to the bank. Reviewing
and drafting contracts on a daily basis; conducting best practice to ensure
documentation is in line and coherent with the companies’ policies and
procedures while eliminating possible risks. Furthermore, reviewing of
guarantees, enforceability opinions for various jurisdictions, industry
opinions, capacity opinions for various counterparties and other documents in
general support of business and coordinating with legal where necessary to
ensure documentation remains updated at all times.

§  Negotiator for the documents
mentioned above.

§  Providing support to the front,
middle and back office, working within tight time frames and ensuring that a
consistent approach is taken in the documentation.

§  Assisting with the
standardization of templates, ensuring that all stakeholders from within the
business are involved and that a unified approach is presented in the
documentation.

§  Manage and develop strong
relationships with all internal and external customers.

3.
Job Context

The role is key to the Global Markets business by providing direct
support to clients and counterparties with whom Global Markets transacts
with. Being responsible for coordinating legal reviews of contracts and
documents related thereto for Global Markets, thereby ensuring that credit
and legal risks are mitigated. To coordinate the negotiations between various
parties, both internally and externally until full execution of documents
have taken place. Once all the documents are properly signed and executed
thereafter ensuring proper filing and safe keeping of such documents for future
reference.

§  Legal administrative
processing of all Global Markets documentation in coordination with the Legal
Department and other business units in the bank. Act as the main link between
the business, the client, the legal department, credit risk and other
stakeholders

§  Support, process and maintain
all legal documentation and trading agreements for the Global Markets unit.
These documents include but are not limited to ISDA/CSA and GMRA documents
required to conduct derivatives trading with both corporate clients and
Financial Institutions, Islamic agreements, industry related memberships,
system contracts, SLAs, NDAs, Brokerage agreements and all other legal
contracts signed by the business in support of business activities

§  Safekeeping: Ensure proper
custodianship of all original signed documents, including
coordinating with credit administrative department or document repositories
where required.

§  Create and organize a
comprehensive database of all documents reviewed and signed by the business
for both vendor contracts and trade agreements for senior management

§  Involved heavily in compliance
and regulatory updates which impact the bank and business units including but
not limited to Dodd Frank, EMIR, FATCA, SEF, etc.; responsible for informing
clients of the banks’ position on such regulations and ensure legal
documentation is updated accordingly.

§  Support in negotiating terms,
conditions and commercial issues with counterparties and contractors for
legal and business contracts within Global Markets division for the bank.  Contracts include ISDA’s, CSA’s GMRA’s,
NDA’s, Islamic Agreements, FX trading, Brokerage Agreements, SLA’s, Hedging
agreements, Trade and Licensing Agreements and other legal contracts signed
within Global Markets.

§  Manage and develop strong
relationships with all internal and external customers.

§  Negotiating and Managing
documentation – A sound understanding of reviewing, drafting, researching,
and negotiating complex legal contracts with key clients to the bank.
Reviewing and drafting contracts on a daily basis, conducting best practice
to ensure documentation is in line and coherent with the companies’ polies
and procedures while eliminating possible risks. Furthermore, reviewing of
guarantees, industry opinions, enforceability opinions for various
jurisdictions, capacity opinions for counterparties in general support of
business and coordinating with legal where necessary to ensure documentation remains
updated at all times.

§  Process Enhancement –
implementing risk control process and procedures to increase efficiency and
reduce operational risk.

§  Project Management – managing
and implementing projects required to improve the work process, tracking the
project development, and creating targets.

§  Liaising with the Bank’s Legal
Advisor on legal matters, Credit Officers on credit matter and Business
representatives to raise and resolve all issues

§  Standardization: working to
improve and standardize documentation in order to ensure a more consistent
drafting and negotiation process.

§  Interfacing with internal and
external stakeholders to resolve all escalation matters.

4.
FRAMEWORKS, BOUNDARIES, & DECISION MAKING AUTHORITY:

§  Functions within the framework
and boundaries of Group policies as well as overall organizational and
governance frameworks.

§ 
Authorized to take decisions as per the approved
authorization matrix.

5.
QUALIFICATIONS & EXPERIENCE:

Minimum
Qualification

§  A
Bachelor’s degree in legal or accounting / finance.  

§  5-10
years in banking experience.

Minimum
Experience

§  Negotiating
experience gained in a previous role requiring problem solving skills around
ISDA specific agreements.

§  An understanding
of the Global Markets regulatory requirements.

§  An
understanding of the regulations specific to Global Markets transsactions

§  Good
understanding of financial markets instruments and products is an advantage

§  Reading
and understanding legal opinions, that are relevant when negotiating ISDA
specific agreementsagreements and related legal
opinions such as in relation to syndicated facilities and hedges.

§  Easily
adaptable and capable of dealing with change as the environment is robust and
constantly changing

§  Strong
organizational skills

§  Focused
and detail oriented.

§  Experience in automated
systems / banking systems will be an advantage.

§  Proficiency in Computer
skill, knowledge in MS office and excel.

§  Ability to communicate
both verbally and in written with good presentation and interpersonal skills.

§  Strong influencing and
coaching skills.

§  Capable
to organize the workload, meet deadlines and to work under pressure.

§  Good
analytical, networking and communication skills

§  Knowledge
and use of banking software systems.

§  Good
knowledge of U.A.E. legal environment & Central Bank regulations as well
jurisdictions where the bank has a presence

§  English
is a must (Fluent to professionally read and write).