VP, Advisory and Contract Execution - Prime Brokerage and ISDA Negotiation

Location: New York

Work Location
:
New York, New York, United States of America
Hours
:40
Line Of Business
:

TD Securities
Pay Detail
:$225,000 - $225,000 USD
TD is committed to providing fair and equitable compensation opportunities to all colleagues. Growth opportunities and skill development are defining features of the colleague experience  compensation policies and practices have been designed to allow colleagues to progress through the salary range over time as they progress in their role. The base pay actually offered may vary based upon the candidate's skills and experience, job-related knowledge, geographic location, and other specific business and organizational needs.
As a candidate, you are encouraged to ask compensation related questions and have an open dialogue with your recruiter who can provide you more specific details for this role.

Job Description The Advisory and Contract Execution Team is an integral part of TD Securities. The group provides best-of-class service to business partners in TD Bank Financial Group (the Bank) through negotiation and execution of agreements that govern capital markets trading products. The team is committed to providing a seamless client experience while managing the Bank’s risk.
The position will be responsible for providing best-of-class service to clients of TD Securities and internal business partners by preparing and negotiating legal documentation with global counter parties for trading products such as cash prime brokerage and equity derivatives, (i.e. Prime Brokerage Agreements, Term Commitment Agreements, ISDA Master Agreements, Credit Support Annexes, Master Confirmation Agreements, Regulatory IM Documents, Account Control Agreements, Custody Agreements).

The position must ensure that the Bank is sufficiently protected from legal, risk, and operational perspectives in all such trading documents and other legal documentation between the Bank and its counter parties. The position will be required to build and maintain strong relationships with all stakeholders across the Bank and be available to service the deal flow with tight deadlines from global desks.
Depth & Scope

• Ensures that the Bank is sufficiently protected from legal, risk, and operational perspectives in all such trading documents and other legal documentation between the Bank and its counter parties
• Required to build and maintain strong relationships with all stakeholders across the Bank and be available to service the deal flow with tight deadlines from global desks
• Leads negotiations of Prime Brokerage Agreements, Term Commitment Agreements, ISDA Master Agreements, CSAs, Master Confirmation Agreements, Regulatory IM Documents, Account Control Agreements and Custody Agreements with a variety of counter parties, including hedge funds and registered funds
• Leads or participates in internal calls with senior credit officers and front office contacts, as well as calls with clients and external legal counsel, to discuss issues that arise during negotiations of trading agreements and/or prime brokerage related documents
• Liaises and coordinates with internal stakeholders, such as Credit, Business, Tax, Legal, Operations and Collateral Management, during the documentation process
• Provides timely updates to the Business on the status of negotiations, whether via weekly calls or through the team's internal document tracking system
• Supports internal initiatives related to documentation, process automation, and regulatory compliance

Education & Experience

• Law degree is required
• 5+ years of solid legal, trading documentation, capital markets, origination or related experience

Preferred Qualifications

• J.D. required, New York Bar Admission preferred
• 6-8 years of experience (either at a law firm or a dealer)
• Strong North American prime brokerage negotiation experience, together with experience negotiating term commitment agreements and custody agreements.
• Solid experience negotiating ISDA Master Agreements, Credit Support Annexes, Master Confirmation Agreements and Account Control Agreements with hedge funds and registered funds.
• Experience negotiating the full suite of regulatory initial margin documentation.
• The candidate for this…