Description
We are seeking a Markets Legal Cash Equities & Research Assistant Vice President to join our team at Barclays in Glasgow.
The successful candidate will be responsible for ensuring that the activities of the business units in the Markets division are conducted in compliance with applicable laws, rules and regulations, and for helping the bank manage legal risk associated with these activities.
Key responsibilities include:
- Developing and implementing best practice legal strategies to manage compliance with applicable laws, rules and regulations
- Providing legal advice and support to the business units in the Markets division on matters arising from the relevant products/services provided by the Markets division
- Subject matter support in the Legal department’s representation of the bank in legal proceedings related to the Markets business units
- Creation and review of legal documents for the business units in the Markets division to ensure the bank’s compliance with applicable laws, rules and regulations
- Legal research and analysis to stay up to date on changes in applicable laws, rules and regulations that may impact the activities of the bank's Markets business units
- Developing and delivering training programmes to educate employees on legal and regulatory requirements related to the activities of the Markets business units
As a Markets Legal Cash Equities & Research AVP, you will directly support the cash equities trading desk within the global markets business of the Barclays Investment Bank. You will be responsible for negotiating cash equities trading documentation with clients and counterparties, including terms of business, electronic access agreements, ETF authorised participant (AP) agreements, and documentation governing relationships with market infrastructure providers.
This role will also involve providing some ongoing regulatory advisory support to the trading desk, including responding to day-to-day queries and escalating complex or novel issues to more senior colleagues.
The ideal candidate will have:
- Working knowledge of MiFID II and the wider UK and European regulatory regime applicable to cash equities trading
- Qualified to practice Law in the UK
- The ability to provide clear, commercially pragmatic legal advice to desk and business stakeholders, working with appropriate supervision and taking ownership of defined workstreams and matters
- Experience reviewing and negotiating standard market documentation, and able to identify when to escalate non-standard or higher-risk points
- Solid drafting, communication and stakeholder management skills, with the confidence to build relationships with the desk, Compliance and other control functions
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