Description:
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.Need Help? (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/Career_site_FAQ-1758133253710.pdf)
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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
Work Shift:
1st shift (United States of America)
Please review the following job description:
The support of Truist's Derivatives business and management of its master trade agreement review and negotiations process involves reviewing and negotiating master trade agreement documentation with third parties, including corporate end-users and financial entities, and advising a wide variety of Truist stakeholders including the commodity, equity, foreign exchange, and rate derivatives marketing teams, credit, risk and operational functions with respect to such documentation. Legal services will include: (i) drafting, reviewing and negotiating master agreements and related margin documentation, and other trading contracts and coordinating relevant internal approvals, (ii) managing the master trade agreement negotiation process, including overseeing individuals conducting the activity and utilizing efficiencies in streamlining the process, and (iii) assistance in drafting and/or reviewing internal policies and risk management procedures related to the master trade agreement negotiation process.
Essential Duties and Responsibilities:
The support of Truist's Derivatives business and management of its master trade agreement review and negotiations process involves reviewing and negotiating master trade agreement documentation with third parties, including corporate end-users and financial entities, and advising a wide variety of Truist stakeholders including the commodity, equity, foreign exchange, and rate derivatives marketing teams, credit, risk and operational functions with respect to such documentation. Legal services will include: (i) drafting, reviewing and negotiating master agreements and related margin documentation, and other trading contracts and coordinating relevant internal approvals, (ii) managing the master trade agreement negotiation process, including overseeing individuals conducting the activity and utilizing efficiencies in streamlining the process, and (iii) assistance in drafting and/or reviewing internal policies and risk management procedures related to the master trade agreement negotiation process.
Essential Duties and Responsibilities:
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
Qualifications:
Required Qualifications:
- Provide significant internal client legal support day to day, on an independent basis, potentially as lead legal liaison.
- Responsible for assessing complex legal risk, providing legal advice, and/or assisting in resolving legal problems which may represent potential exposure to the company.
- Keeps abreast of legislation, regulations, and case law developments that affect the company and the banking industry in area of practice.
- May prepare and/or review documents and other instruments, represent the company in transactions, litigation, bankruptcy matters, or alternative dispute resolutions (as applicable), performing legal research and analysis, maintaining files and records
- Identify need for and when necessary, select, engage, and direct outside counsel to undertake specific matters.
- Supervises direct report(s), providing work direction and supervision to other legal staff regarding support on active matters, cases, or projects.
Qualifications:
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Preferred Qualifications:
Other Job Requirements / Working Conditions
Availability:
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel:
Up to 25%
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site (https://benefits.truist.com/). Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) E-Verify (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/E-Verify_Participation_Poster-1757074518541.pdf) IER Right to Work (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/IER_RightToWorkPoster-1757074222028.pdf)
- Juris Doctorate degree from an ABA accredited law school and licensed to practice law in good standing
- Ten years of post-bar experience in a law firm, government, and/or corporate settings.
- Possess effective personnel management skills
- Possess superior written and verbal communication skills
- Ability to prioritize matters, utilize time management skills, and move between matters fluidly
- Ability to handle a heavy workload, manage stress effectively and meet critical deadlines
- Able to work autonomously without close supervision
- Team-oriented mentality and excellent interpersonal skills
- Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Preferred Qualifications:
- Experience with the review and negotiation of MRA, MSFTA, and MSLAs, including any accompanying collateral documentation.
- Experience with the negotiation and drafting of derivatives documentation (including advanced level of the review and negotiation of ISDA master agreements, credit support annex, protocols, confirmations and definitions.
- Experience with the drafting, review and negotiations of Initial Margin documentation.
Other Job Requirements / Working Conditions
- Sitting
- Occasionally (Less than 25% of the time)
- Standing
- Occasionally (Less than 25% of the time)
- Walking
- Occasionally (Less than 25% of the time)
- Bending
- Occasionally (Less than 25% of the time)
- Lifting
- Up to 10 lbs.
- Visual / Audio / Speaking
- Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
- Manual Dexterity / Keyboarding
- Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability:
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel:
Up to 25%
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site (https://benefits.truist.com/). Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf) E-Verify (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/E-Verify_Participation_Poster-1757074518541.pdf) IER Right to Work (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/IER_RightToWorkPoster-1757074222028.pdf)
