Contract Duration: 12+ Months
Required Skills & Experience
- Undergraduate degree (BS or BA).
- US paralegal certification required.
- Preference for a candidate with between 5 to 7 years paralegal experience in finance, restructuring or derivatives and securities financing experience obtained at a top tier US law firm or other equivalent financial institutions.
- Strong understanding of best contracting practices and the ability to monitor new developments in contracting practices and processes.
- Respond to contract-related and other requests promptly, and provide effective services or solutions for internal and external stakeholders.
- Ability to effectively communicate information, both verbally and in writing.
- Ability to work independently and prioritize workload.
- Ability to work in a fast paced, cross-functional team atmosphere.
- Sound judgement and decision-making skills
- The ability to work independently to analyze documentation status issues, exercise good judgement, present to business transactors and remain resilient under pressure are all essential skills. The role holder will be expected to establish a trusted partner relationship within Legal, the Covered Business as well as other functional partners – notably Risk and Compliance.
What You Will Be Doing
- Support the Covered Business on transactions, regulatory reviews and research, including by answering questions from the business relating to contract negotiation status and interpretation of standard contract terms (including related to the Master Repurchase Agreement and the Global Master Repurchase Agreement), to understand the mechanics of Repo and Rates transactions and to draft standard terms for initial document customization.
- Provide administrative, technical and junior legal support (with supervision) to support the relevant businesses including management of the day-to-day legal documentation processes.
- Act as a trusted partner to business, operations, and other functional partners on documentation matters relevant to the Covered Business
- Responsible for the planning, execution, and closure of strategic, large-scale, cross-functional legal programs/projects that have significant impact across the organization
- Works with stakeholders execute process and systems improvement and efficiency initiatives
- Facilitates projects in support of complex matters and may oversee tasks performed by entry or intermediate level personnel
- Works closely with internal groups/ teams on sensitive external and internal investigations
- Analyzes business records, data and documents, weighing various alternatives and balancing potentially conflicting sources to develop an approach or action
- Interfaces with the appropriate bank officers, government agencies & outside counsel
- Communicates both orally and in writing (including memoranda's, letters & e-mails) to business clients, customers, internal staff and external counsel, in order to guide and convey the proper tone
- Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding the company, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create
- Facilitate the end-to-end contracting process not limited to: contract drafting, contract approval process, submission of contract drafts to internal stakeholders for review, managing the redline process with customers and approved contract execution.
- Manage version control, finalization, execution, and storage of all assigned contracts.
- Prepare, organize, and maintain files agreements, and other legal communications.
- Review existing agreements and summarize terms.
- Review incoming documents/agreements and identify exceptions to approved contract templates and boilerplate.
- Maintain standard document templates
- Work with outside counsel regarding legal opinions, bringdowns and UCC filings.
- Manage various legal projects and deadlines as liaison to internal departments.
- Input our results for our MCA quarterly Reviews and managing that process from start to finish
- Complete the execution of agreements processes, such as signature, systems (MAM/MAC) after attorneys finish everything else. Also, able to look up agreements and give extremely accurate information on the contents.
- Able to summarize where negotiations stand or the current status of negotiations proficiently
- Strong understanding of best contracting practices and the ability to monitor new developments in contracting practices and processes.
- Manages programs, processes and/or projects relating to specific legal practice areas.
- Manages the full project cycle for less complex projects and initiatives that have some impact on results and business operations
- Managing the software updating process (MAMS, MAC, or anything new) and be able to test new technology and explain to the team how it works.
