Join Barclays as a Netting Lawyer. At Barclays, our vision is clear –to redefine the future of banking and help craft innovative solutions. In this role, you will provide senior legal support to the global Markets business, playing a key role in advising on multi-faceted legal matters that impact Barclays’ trading activities worldwide. You will be responsible for identifying, assessing, and guiding the management of legal and reputational risks associated with the bank’s trading relationships and transactions. A significant aspect of this role involves ensuring the enforceability of close-out netting and collateral arrangements, which are critical to the effective functioning and risk mitigation of the Markets business.

To be successful as a Netting Lawyer, you should have:

• Experience as a qualified lawyer with knowledge gained in private practice and/or in-house
• The ability to identify and communicate legal and commercial risks within the framework of the firm’s governance and risk policies
• Knowledge of derivatives and securities financing master trading agreements
• Prior experience with bankruptcy/insolvency law

Some other highly valued skills may include:

• Ability to be effective in a fast-paced and multi-dimensional environment
• Communicate highly detailed legal and qualitative information in a clear and concise manner
• Comfortable delivering advice effectively to both legal and non-legal stakeholders
• A deep interest in the drivers of performance and passion for improving things

You may be assessed on the key critical skills relevant for success in this role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.
This role is located in New York, NY.
Minimum Salary: $200,000
Maximum Salary: $300,000
The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any other type of compensation or benefits that may be available.

ACCOUNTABILITIES

• Development and implementation of best practice legal strategies to manage compliance with applicable laws, rules and regulations.
• Legal advice and support to the business units in the Markets division on matters arising from the relevant products/services provided by the Markets division .
• Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the Markets business units such as litigation, arbitration, and regulatory investigations.
• Creation and review of legal documents for the business units in the Markets division to ensure the bank’s compliance with applicable laws, rules and regulations. Maintaining and updating template legal documentation for the Markets division.
• Legal research and analysis to stay up to date on changes in applicable laws, rules and regulations that may impact the activities of the bank’s Markets business units .
• Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the activities of the Markets business units .
• Pro-active identification, communication, and provision of legal advice on applicable laws, rules and regulations (LRRs). Keeping up to date with regards to changes to LRRs in the relevant coverage area. Ensuring that LRRs are effectively allocated to, and adequately reflected within, the relevant policies, standards and controls.

To ensure that the activities of the business units in the Markets division are conducted in compliance with applicable laws, rules and regulations, and to help the bank manage legal risk associated with these activities.