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Job description As a Senior Documentation Manager, you will be part of a team of lawyers and documentation managers who are responsible for preparing, assessing and negotiating standard documentation for financial markets transactions. This documentation includes, but is not limited to ISDA,CSA, GMRA, ISMA and GMSLA agreements for derivatives, repo’,s as well as stock borrowing and lending transactions and also comprises other contracts such as EMA, IDNA, FOP, RFD, give-up agreements, novations) and/or foreign document types (e.g. Rahmenvertrag, FBF). You will be leading negotiations on complex transactions which bear high visibility for the firm and assist documentation managers and junior team members with Master agreements negotiations. Within this team you take care of adequate progress control of negotiations and compliance with the institutions policies relating to standard documentation. The job also calls for regular alignment with the Front Office within the context of execution timelines, with Risk Management about the conditions and provisions to be included in the standard documentation, intended in particular to have a mitigating effect on for instance structure and credit risk. In addition, there will be frequent alignment with derivatives specialists and lawyers from the various labels and units both in the Netherlands and abroad, for which the team prepares the documentation. Organizational context You will be part of the Corporate Credit Risk Management organisation and specifically the part that is responsible for documenting financial markets transactions, collateralising these transactions and making sure that these transactions benefit from closeout netting and collateral benefits. Your team is instrumental for the execution of transactions in Financial Markets (FM) on its turn is part of the institution’s Wholesale Banking Division. FM provides a wide range of products to the institutions’ corporate and institutional customers as well as to other units, including the retail network. Major products are: corporate and government debt, credit & equity derivatives, treasury products (incl. REPOs and issuance of CP/CD/EMTN), interest rate derivatives, foreign exchange, structured products and securities financing. Personal profile You have: - A university degree in Law;
- Relevant work experience in the field of negotiating the above-mentioned standard documentation;
- Sound knowledge of Financial Markets products;
- Affinity with Risk Management and/or relevant work experience in all aspects of credit or counterparty risk management;
- Strong negotiation and discussion skills with an eye for win/win situations;
- Affinity with process management, pro-active and with a feeling for audit trail;
- Excellent command of English, both written and spoken;
- You are stress-resistant and used to operate in an adequate and convincing manner under heavy commercial pressure within tight time schedules.
Salary & Benefits
We offer you a challenging position in an open, informal organization where personal development is leading. In addition, ING offers excellent conditions of employment and benefits such as a thirteenth month, variable remuneration (based on ING’s growth in earnings and on your own performance), substantial training facilities and staff discounts on mortgages and insurance. This is a fulltime position, 40 hours a week. You will be working in Amsterdam South East. How to apply Interested? Please send your English resume and letter of motivation to Ms Daniela Giacomuzzo, Recruiter,by clicking on the below link. If you would like to know more about this position, you are welcome to contact Mr Jacques Sevat, Head of Amsterdam Counterparty Risk Management , at telephone number +31 (0)20 501 3533. Would you like to know more about credit risk management positions? Please go to: http://www.ing.jobs/careers/netherlands, select apply to ING, view job posting, risk management.
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