Job Title: ISDA Negotiator / Junior Lawyer (12 months Contract)
Company overview
Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com
Department Overview
The role sits within the Masters Team and will primarily support the Risk Solutions business with fund-level hedging.
The Masters Team sits within the wider Markets Documentation and Advisory Legal Team and is comprised of 5 onshore lawyers and negotiators. The Masters Team is responsible for the execution of derivatives and financing master agreements and ancillary documentation as well as legal opinions pertaining to netting and collateral.
As a department, we provide an intellectually stimulating environment that values collaboration, continuous learning, and professional growth. The department also has a strong charity and diversity focus, with strong encouragement to participate in internal networks or charitable initiatives.
Overview:
Key objectives critical to success:
The successful candidate will work closely with the Risk Solutions business to (i) negotiate ISDA Master Agreements, CSAs, guarantees and ancillary documentation with various types of funds including private equity/debt funds across multiple jurisdictions, (ii) review and advise on issues such as capacity and authority, and applicability of netting and (iii) document transactions under long form confirmations.
The candidate will have extensive fund experience and understand various fund structures, the level of the hedging entity, the mechanics of the operative documents and credit related termination triggers. They will be supporting a demanding, dynamic business in a growth area.
The role will suit a candidate who has a strong background in negotiating master agreements, but at the same time is able to explain and advise internal stakeholders on legal risk, manage priorities, enjoys working collegiately directly with front office stakeholders and is strong at building relationships.
Skills, experience, qualifications and knowledge required:
- Excellent knowledge of ISDA master agreements, CSAs, guarantees, long form confirmations and ancillary documentation;
- Familiarity with fund structures, and particularly private debt/equity funds, including LP Agreements and fund prospectuses;
- Excellent drafting skills, and strong attention to detail whilst under pressure;
- Ability to build strong relationships, effectively coordinate across stakeholders, and respond proactively to business needs;
- Strong organisation skills, with the ability to work independently and juggle fast changing priorities;
- Great communication and interpersonal skills, with the ability to interact effectively with all levels of staff and management;
- An understanding of capacity issues and additional language required in market standard master agreements
- An understanding of the legal technicalities of enforceability of the relevant legal agreements
- A good understanding of risk and the need to flag issues to the relevant stakeholders
- Ability to work as part of a team.
Nomura competencies
Explore Insights & Vision
- Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
Making Strategic Decisions
- Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
Inspire Entrepreneurship in People
- Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
Elevate Organizational Capability
- Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
Inclusion
- Respect DEI, foster a culture of psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
Right to Work
The UK Government have taken steps to reduce net migration to the UK by limiting the number of overseas workers coming to the UK for employment. Please note that whilst we are able to consider applications from overseas workers from outside the UK (who require a Tier 2 Skilled Worker visa) we can only employ them if we can provide evidence that this is a genuine vacancy for a qualified role.
Diversity & Inclusion
Nomura is an equal opportunity employer. We value diversity and are committed to ensuring we best reflect the diversity of the communities we serve creating an inclusive environment for all our employees. We welcome all applications and do not discriminate on the basis of age, disability, gender identity and gender expression, pregnancy and maternity, marriage and civil partnership, race, religion or belief, sex or sexual orientation.
If you require any assistance or reasonable adjustments due to a disability or long-term health condition, please do not hesitate to contact us.