Associate Counsel
- Ameriprise Financial
- 10 - 11 years
- Noida, Gurugram
- 1 month ago
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Job Description
Work with Senior Counsels in the Global Asset Management Legal Team and work in all business areas within the Columbia Threadneedle Group in relation to all aspects of the sell-side relationships and documentation with a particular focus on ISDA and GMRA master agreements.
Key Responsibilities
- ISDA and GMRA Master Documentation, execution clearing terms and any subsequent amendments for OTC Derivative, ETD Derivatives and FX Transactions
- Providing updates on the progress of all ISDA and GMRA Master Documentation to Senior Counsel and internal stakeholders
- Ensuring funds are added to the ISDA Master, GMRA Agreements, clearing agreements and execution clearing terms
- Assisting middle and back-office in the collateral set-up process for new funds
- Liaising with all counterparties in relation to negotiation of master agreements,
- Repapering trading documentation where required to ensure continuinty of trading post-Brexit
- Keeping internal stakeholders up to date of any relevant Brexit-related issues relating to trading documentation
- Keeping up to date with key developments and issues arising around regulatory change in relation to our trading documentation
- Liaising with internal stakeholders and counterparty banks with regards to the onboarding of required funds to the relevant master agreements
- Attending regular progress update calls with the counterparty banks and ensuring efficient negotiation process by promptly escalating problematic issues
- Attending internal update meetings with client directors, client services and business partners
- Where requested by the client directors, provide updates to the client / client s consultant as applicable.
- Providing support and advice on ad hoc issues or contracts as delegated by the legal team members
- Managing internal legal review process of draft confirmations generated by counterparties
- Instructing external counsel as applicable
- Negotiating Master Confirmation Agreements for specific derivatives products
- Ensuring compliance with key regulatory developments in the derivatives, repo and trading space
- Negotiate a range of asset management contracts (e. g. investor onboarding agreements and distribution agreements) and otherwise provide legal support and advice to the business.
Required Qualifications
- Ten years relevant, proven legal experience in derivatives products, ISDA documentations, OTC products, other synthetic products, reviewing and analyzing the legal derivative agreement and related documents;
- Solid understanding of the specific terms (and policy reasoning for such terms) in trading documentation for derivatives products, as well as the ability to clearly articulate such terms and reasoning.
- Experience working full-time in an office environment performing functions that require concise and practical drafting of deliverables, information analysis and coordinating of inputs and resources;
- Must demonstrate excellent understanding of legal language and analytical skills.
- Excellent English language skills - both written & spoken.
- Ability to multi-task and balance competing priorities.
- Excellent interpersonal skills as the role involves regular communication with counterparts within and outside the legal and compliance department.
- Ability to effectively negotiate with and maintain relationships with brokers and counterparties
- Moderate to high-level experience in Microsoft Office products (specifically Word and Excel).
- Proven skills in advisory and drafting agreements/contracts.
- Must be able to work with minimal supervision and personal ownership.
- Must be a good as a team player as well as individual contributor.
Preferred Qualifications
Understanding of asset management business and pooled investment products (such as U. S. mutual funds registered under the US Investment Company Act of 1940) is a plus.
Job Classification
Industry: Financial ServicesFunctional Area / Department: Customer Success, Service & OperationsRole Category: OperationsRole: Operations - OtherEmployement Type: Full timeContact Details:
Company: Ameriprise FinancialLocation(s): Noida, Gurugram+ View Contact
Keyskills: Counsellor Investment products Mutual funds Financial planning Legal Back office Asset management Individual Contributor OTC
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