Job Title: Paralegal Assistant
Location: Tampa, FL Hybrid (2 days per week onsite)
Duration: 12+ month contract on W2 (Right to hire position)
Job Description:
To provide legal support to the Rates and Markets Treasury businesses within Markets business.
The Markets Legal Department is a global team organized around product groups and associated business lines. The Markets Business provides world-class products and financing solutions for corporations, governments, and institutional investors through Client’s market leading underwriting, sales and trading, and distribution capabilities. A key part of the coverage of this critical and core Client global business is centered within the Markets Legal Team.
Comprising approximately 330 permanent legal staff located across different parts of the world, the Markets Legal team working in tandem with global and country cluster legal colleagues, provides a wide range of services, support and advice to multiple global and country Markets business and related functional areas, including general advice, transaction negotiation, document drafting and execution, as well as oversight of regulatory developments and requirements. The Markets business areas covered include the core product groups of Equities, Rates, Markets Treasury, FX, Global Spread Products and Commodities.
In addition, the Markets Legal Team provides advice and support to product, legal and functional colleagues and to Client’s governance forums and entity management with respect to different global booking vehicles.
Role specific
The role resides within the Rates and Markets Treasury Legal team. The role holder will be a dedicated coverage paralegal for the cross product margining, Finance and Markets Treasury, and Rates (excluding Finance) businesses within Rates in North America and Latin America.
The role holder will provide legal support to the legal team advising the Cross Product Margining, Rates, Finance and Markets Treasury businesses in North America and Latin America.
Key Responsibilities:
The role holder will be responsible for providing technical, administrative and junior legal support to the Cross Product Margining, and Rates Treasury businesses in North America and Latin America (the “Covered Business”). The role holder will be required to 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 have an understanding of the mechanics of Repo and Rates transactions and to draft standard terms for initial document customization. The role holder will be required to have highly developed oral and written communication skills. The role holder should have a positive attitude, be open to learning new skills and taking on new types of assignments.
Responsibilities:
• Providing 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 ***, 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.
Knowledge/Experience:
• 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.
• Excellent written and oral communication skills.
• Extreme attention to detail and the ability to accurately communicate data.
• Respond to contract-related and other requests promptly, and provide effective services or solutions for internal and external stakeholders.
• Demonstrate excellent organizational and time management skills.
• Demonstrate attention to detail; refined ability to spot errors and inconsistencies.
• 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.
Qualifications:
• US paralegal certification required.
• Undergraduate degree (BS or BA).
Competencies:
• Ability to manage time effectively and prioritize various tasks
• Committed and motivated
• Team player
• Sound judgement and decision-making skills
• Ability to work under pressure to meet tight deadlines.
• 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.
“Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.”
