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Santander

Global retail and commercial banking group

Markets Documentation Negotiator

Legal Counsel & Legal SupportPosted on Nov 9
Full-timeNew York, NY, USA$130k - $170k /yrIn-person

About the Job

Requirements

  • A bachelor's degree in a related field, or equivalent demonstrated through a combination of work experience, training, military service, or education, is required.
  • At least five years of markets agreements negotiation experience with a law firm or corporate legal department is required.
  • An entrepreneurial mindset is needed to support a dynamic and growing investment bank.
  • Strong verbal and written communication skills, including briefing skills, are required.
  • The ability to build relationships and establish trust and respect quickly and effectively is required.
  • Strong interpersonal, people, and collaboration skills are required, including the ability to interact effectively at all organizational levels and stand firm on issues when necessary.
  • Judgment, self-confidence, respect for others regardless of position, and the ability to work with teams and all levels of management are required.
  • Strong attention to detail is required.
  • The ability to manage multiple time-sensitive projects effectively, efficiently, and calmly is required.

Responsibilities

  • Negotiate, draft, and advise on markets documentation, including ISDA Master Agreements, Credit Support Annexes and other collateral documentation, Master Repurchase Agreements, Global Master Repurchase Agreements, Master Securities Forward Transaction Agreements, Master Securities Loan Agreements, and related agreements.
  • Provide practical, commercially focused legal advice on documentation terms, counterparty negotiations, and legal and regulatory considerations affecting markets transactions.
  • Partner with Markets, Credit, Risk, Operations, and Legal colleagues to facilitate transaction execution while managing legal and reputational risk appropriately.
  • Advise on documentation for markets products and transaction structures, adapting documentation and negotiation strategies to the business's evolving needs.
  • Identify, analyze, and escalate significant legal and documentation issues, and help develop pragmatic solutions.
  • Support improvements to documentation processes, templates, playbooks, and negotiation standards, including opportunities to use technology and automation.
  • Monitor relevant legal, regulatory, and market developments and assess their impact on markets documentation and practices.
  • Contribute to broader Markets Legal, Legal Department, and firmwide projects and strategic initiatives as needed.

Desired Qualifications

  • At least five years of experience in the banking or financial services industry is preferred.
  • A Law/Juris Doctor degree is preferred.
  • Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education is desirable.

About the Company

Santander

Global retail and commercial banking group

Santander is a global bank focusing on retail and commercial banking in Europe and the Americas, serving individuals and SMEs with regional franchises and a broad consumer finance arm, plus a Corporate & Investment Banking division for multinational clients. It uses its Gravity cloud platform to migrate core banking and rapidly deploy digital services such as Openbank across markets, combining fintech-style agility with a bank's balance sheet. The bank differentiates itself by marrying a large retail footprint with global CIB capabilities under the One Santander verticals model to boost efficiency and cross-border revenue. Its goals include improving returns on tangible equity and financing the green economy through sustainable finance and renewable energy projects.

Company size
10,001+
Company stage
IPO
Headquarters
Boadilla del Monte, Spain
Founded
1902

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