Repurchase Documentation Specialist

Summary

Join Delta Capita as a Contractor in our Post Trade Services Team, supporting a prestigious Investment Bank's US Treasury Clearing business. You will play a crucial role in preparing for increased clearing volumes due to a new mandate. Responsibilities include analyzing and negotiating repurchase agreements, collaborating with various teams, managing risks, supporting trade processes, and staying updated on regulations. This fast-paced role requires experience in repo document negotiation, knowledge of repo markets, and strong communication skills. A Bachelor's degree is required. The position is hybrid/remote in New York.

Requirements

• It is essential to have experience in negotiating both Clearing documentation and Repo (GMRA) or equivalent documents
• Repo document negotiation experience is a must
• Bachelor’s degree or equivalent
• Ability to work in a fast-paced environment
• Strong communication skills
• Attention to detail
• A valid work authorization from the US is mandatory

Responsibilities

• Analyze and negotiate terms of repurchase agreements, including Master Repurchase Agreements (MRAs), Global Master Repurchase Agreements (GMRAs), tri-party repo agreements, clearing agreements and margin agreements
• Collaborate with front office, legal, and compliance teams to facilitate the implementation of the US Treasury clearing initiative
• Monitor and manage risks associated with repo transactions, ensuring accurate and timely reporting
• Provide support for trade capture, confirmation, and settlement processes, ensuring all trades are accurately recorded and reconciled
• Stay updated on regulatory changes affecting repo markets and ensure all activities comply with relevant regulations
• Work closely with internal and external stakeholders, including front office, legal, compliance, and counterparties, to resolve issues and improve processes
• Maintain accurate records of all repo transactions and prepare regular reports for management review

Preferred Qualifications

• Knowledge of Repo / Sponsored Repo useful
• Experience reviewing and negotiating ISDA agreements is desirable