As an Equity Derivatives Template Development Associate in Equity Derivatives Group Legal Documentation Templating Team, you will play a role towards the strategic development of the Equities structured products legal documentation function. You will be responsible for on ensuring timely and accurate global securitised product legal documentation templating. This will be a particularly challenging role in that it focuses on the firm's more bespoke and non-standardized end of the securitised product legal documentation spectrum.
The Equity Derivatives Group Legal Documentation Templating Team is pivotal to the insourcing of legal functions within the organisation by leveraging the SmartDX vendor platforms with the view to standardising and templating a range of securitised products legal documentation, including (but not limited to) global coverage of securitised products Term Sheets and Pricing Supplements, as well as Regulatory required legal documentation such as KIDs for PRIIPS.
Job responsibilities
- Works closely with the Equities Business (Sales, Structuring and Trading) to define securitised legal documentation automation priorities globally
- Maintains relationship / development ownership at all stages during the legal documentation automation lifecycle including understanding the requirements, estimation, prioritization, planning, development and implementation
- Manages the change and release of templates including UAT and regression testing
- Works on high profile projects including automated templates for our growing platform business flow
- Engages with Legal, Technology and external documentation generation providers to ensure consistency, accuracy and functionality of the Legal templates
- Is a PRIIPs SME team within EMEA
- Provides daily support in the creation, production and monitoring of KIDs for PRIIPs
- Identifies and addresses opportunities for improvement in both templates and processes
- Takes appropriate actions to deliver simple and innovative solutions that improve the Business and to initiate and effect positive change
- Identifies proactively issues/gaps within the processes and offer solutions to close the gaps; identify root cause of problems and implement robust, strategic, controlled and cost effective solutions/recommendations
Required qualifications, capabilities, and skills
- Equity Derivatives product knowledge and /or experience specifically operational processing experience required
- Understanding of the transactional documentation processes for securitised legal documentation such as Termsheets, Pricing Supplements, Base Prospectus
- Technical proficiency in the documentation of equities' products as well as experience of interpreting, and demonstrating an understanding of, legal documentation
- Excellent legal documentation drafting skills
- The ability to understand complex derivative structures and break them down into their component parts in order to create legal templates for such products
- Demonstration of an up-to-date awareness of industry initiatives and projects in the equities markets, especially within the EU, such as PRIIPs
- Experience with working with doc gen developers such as SmartDX
- Excellent Problem Solving and Organisational Skills
- Excellent Team Working Skills and Personal Motivation
Preferred qualifications, capabilities and skills
- Para-legal (private practice or in-house) experience desired but not essential
- Knowledge of Equities OTC (over-the-counter) confirmations experience is desired but not essential
- Experience in a top-tier investment bank is desired but not essential