Derivatives Legal Assistant

About the role

Neuberger's Legal & Compliance team is looking for an experienced Derivatives Assistant in New York. The role provides administrative and operational support, manages and executes counterparty trading documentation, helps with broader legal operations initiatives, contributes to document management and trade reporting, and coordinates the derivatives documentation process. Document types include prime brokerage agreements, ISDAs, listed futures and options agreements, securities lending and repurchase agreements, and OTC and exchange-traded derivatives documentation.

Key responsibilities

• Oversee and coordinate the initial setup and maintenance of documents for OTC and exchange-traded derivatives
• Coordinate with trading counterparties to guide clients and funds through the credit review process, including responding to their documentation and information requests
• Maintain and update legal entity information in online databases such as GMEI Utility and ISDA Amend, and manage questionnaires in the Markit/ISDA Amend Document Exchange portal
• Track negotiation status with banks and brokers
• Prepare and deliver responses to KYC/AML requests and oversee outside KYC/AML service providers
• Maintain accurate files of derivative agreements, including entry and review of credit and collateral terms in the firm's documentation management system
• Work with business unit teams, operations, risk and tax, escalate risks and issues to management, and ensure onboarding follows internal procedures

Required profile

• Bachelor's degree required
• At least 2 years of experience in a role involving trading and/or derivatives documentation
• Prior experience as a corporate/transactional Derivatives Assistant at a law firm is a plus
• Foundational knowledge of legal entity types, structures and signature blocks
• Working knowledge of KYC/AML processes
• Right to work in the country where the role is located without sponsorship

Required skills

• Microsoft Word (track changes, compare, redlining), Excel, PowerPoint and Outlook
• Attention to detail, organization, analytical and critical thinking skills
• Ability to work under tight deadlines in a fast-paced environment

What we offer

• Salary range of $100,000-$115,000, with eligibility for a discretionary bonus
• Benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits
• Hybrid work arrangement