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Job Ref: 14784
Salary: $65000 – $150000
AVP Financial Markets Documentation bilingual Chinese Mandarin
located onsite in Manhattan
Base salary $65k-$150k based on skills and experience
Global Markets Agreements
- Draft and negotiate global markets business related agreements, including ISDA, VM CSA, GRMA and etc., and partner with Legal Office and external counsel on finalizing the agreements.
- Draft and update the templates for the up mentioned agreements.
- Provide coaching and training to other team members or other departments on the up mentioned agreements and related issues.
- Liaise with Head Office with regards to related agreements, and assist Head Office and other branches in negotiating related global markets agreements if requested.
Compliance and Documentation
- Establish and adopt policies, procedures, and standards of conduct that proactively manage the compliance risk of the global markets business.
- Oversee, monitor, and enforce the above-mentioned compliance programs, and assess the effectiveness during their enforcement; make necessary changes if required.
- Provide training and education to team members on the above-mentioned compliance programs.
- Promptly communicating with the second line regarding questions and issues in the workplace.
- Maintain proper and adequate documentation regarding the compliance work.
Credit Risk Control
- Assist in development and implementation of policies and procedures that proactively manage the credit risk of the global markets business.
- Monitor clients’ credit risk by collecting market movements, and communicating with CRDs regularly and upon learning potential risk events.
- Track and analyze CRC reports to evaluate the effectiveness of current credit risk control measures.
- Keep records of the credit terms in ISDA agreements and provide support to traders in case of clients’ default.
Regulatory Change Monitoring
- Keep track of regulatory changes and provide assessment reports.
- Monitor market practice changes by collecting market movements and facilitate analytical and ad-hoc report on market conditions / events in order to support strategic decision making.
- Communicate with stakeholders (e.g. Fed, OCC, ISDA, CFTC, SEC) to obtain policymaking insights.
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Acting as the department’s regulatory change coordinator, providing timely responses to the LCD as requested.
Qualifications: - Bachelor’s degree is required, preferably in Law-related majors and with minor in Finance or Economics. Master’s degree or above is highly preferred.
- A minimum of 5 years of legal-related experience in global market business, like ISDA agreement, derivative/bond business compliance is required.
- 3 years or above regulator and law firms’ liaison experience is preferred; 1 year or above financial market business related experience is preferred.
- Candidates who have passed the NY State Bar Examination are preferred.
- Knowledge of global markets products and related risk management; prudential regulators’ regulatory requirements relating to global markets business is required.
- Document review, legal research and case analysis skills are required.
- Bilingual abilities in English and Chinese are required
This role requires unrestricted U.S. work authorization. Employer sponsorship is not available.
ACG Resources and our client partners are equal opportunity employers. All qualified applicants will receive consideration without regard to protected characteristics.
To apply, please contact Franca Diona
Email: Franca@acgresources.com
Phone number: 646-442-2272
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