BBVA
Derivatives Documentation Negotiator
NEW YORK · Staff+ · Contract
Work authorization required$110k-$115kDetected 30 days ago
AccessibilityNegotiationContract ManagementCommunicationTime ManagementOrganizational Skills
About the role
- BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.
- We are seeking an experienced and detail-oriented person to manage trading documentation for the BBVA CIB Global Markets team. The successful candidate will play a critical role in negotiating and coordinating trading agreements, including ISDAs (International Swaps and Derivatives Association agreements), GMRAs (Global Master Repurchase Agreements), MRAs
Responsibilities
- Lead negotiations of necessary documentation for OTC derivatives, such as ISDA Master Agreements (including Secured ISDAs), Credit Support Annexes (VM and IM), Account Control Agreements, and Custody Agreements, with a variety of counterparties.
- Review, draft, negotiate, and manage negotiations of repo documentation and securities lending documentation (e.g., GMRAs, GMSLAs, MRAs).
- Maintain and update a centralized database of all trading agreements.
- Collaborate with legal, risk management, operations, sales and trading, and other internal teams to align agreement terms with business and regulatory requirements.
- Prepare and maintain detailed records of all agreement negotiations, amendments, and terminations.
Requirements
- Minimum of 3 years of experience in financial markets, with a focus on trading agreements (ISDAs, GMRAs, MRAs, CDEAs, CSAs) as an attorney.
- Experience negotiating the full suite of regulatory initial margin documentation.
- Familiarity with US and EMIR regulations applicable to derivatives, repurchase and securities lending
- This role requires strong derivatives documentation skills, an in-depth understanding of financial markets, organizational skills and the ability to work collaboratively with internal and external stakeholders.
- Education:
- Solid experience negotiating derivatives and repo documentation with various types of entities (i.e. - hedge funds, private equity funds, pension funds, investment managers, etc.) requiring entity specific tailoring of sales and trading documentation
- Understanding of collateral mechanics, netting provisions, and margin requirements.
- Strong attention to detail and ability to manage multiple agreements concurrently.
- Excellent communication, negotiation, and organizational skills.
Nice to have
- Bachelor's Degree required
- Juris Doctor preferred
Skills
- Strong understanding of derivatives, financial markets and market practices.
- Excellent negotiation, analytical, and communication skills.
- Proficiency in using contract management software and other relevant tools.
- Detail-oriented with strong organizational and time management abilities.
- Language proficiency in Spanish is a plus but not required
- With respect to this position in our New York Office, the expected base salary ranges from $110,000 to $115,000.
- It is not typical for offers to be made at or near the top of the range.
- Market and organizational factors are also considered.
- In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
- Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Compensation
- The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
- With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.
Benefits
- Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.
Company info
- Excited to grow your career?
- BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers.
- We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.
Equal opportunity
- Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation.
- View the " EEO is the Law " & " View the EEO is the Law Supplement Poster " poster.
- BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.
- The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation.
Visa & Work Authorization
- Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
This listing is sourced directly from BBVA's careers page and normalized into a canonical job model.