Job summary
As a Commercial Investment Banking Markets Legal Counsel in the legal function within the Prime Financial Services (“PFS”) business, you will provide legal support primarily covering cash prime brokerage and securities lending. A Markets Legal team has been formed in the Mumbai Corporate Center (“MCC Markets team”) which is as an integral part of the Markets Practice Group, working closely and interacting with Markets Practice Group lawyers across EMEA and APAC region. You will be a member of the MCC Markets Team based in Mumbai. You will be reporting into a team lead for Markets in the MCC who in turn is accountable to the Markets Practice Group.
Job Responsibilities
- support with respect to drafting, negotiating and reviewing client facing documentation, including prime brokerage agreements, securities lending agreements, GMCAs, confidentiality agreements, amendment agreements and other main and ancillary documentation related to PFS;
- review of constitutional documents, to ensure that all the requisite corporate consents and capacity and authority requirements are in place prior to finalization of agreements and subsequent commencement of business or trading;
- provide support on global documentation or remediation projects;
- provide gap analysis and summary of transaction and client specific deviations in negotiated agreements from standardized templates or against playbooks and policy manuals to identify discrepancies, escalation mechanisms and managing remediation exercises; and
- manage data from standardized or negotiated agreements into internal systems and assisting in the maintenance of databases relating to firm-wide initiatives.
Required qualifications, capabilities and skills
- Minimum 5 years PQE in professional practice and/or in in-house experience covering Markets related work in a comparable financial institution;
- Strong drafting, negotiation and legal analytical skills;
- Excellent communication skills (both verbal and written) with the ability to interact with senior business personnel and stakeholders in other functions;
- Self-directed and highly motivated attitude coupled with an ability to work collaboratively in a high performing team;
- Ability to interact and communicate effectively at a local, regional and global level and work in a cross-functional, cross-jurisdiction, team to achieve common goals;
- Ability to identify and escalate issues timely and appropriately;
- Comfortable working to metrics and data measurement systems; and
- Ability to work in a fast-paced environment and within tight deadlines.
Preferred qualifications, capabilities and skills
- Competency in the use of technology, documentation management systems and shared databases will be viewed favorably.
All candidates for roles in the Legal department must successfully complete a conflicts of interest clearance review prior to commencement of employment.
Attorney candidates must be in compliance with all relevant licensing requirements including the requirements of the jurisdiction where the role will be located prior to commencement of employment
