Negotiate, draft, and review contracts legal documentation aligned with NAFMII Master Agreements and NAFMII Variation Margin Credit Support Annex (VM CSA), with a primary focus on adherence to Chinese legal and regulatory requirements.
Provide expert legal support for the full lifecycle of contract management, from risk evaluation and negotiation through execution and compliance, specifically for non-centrally cleared OTC derivatives.
Work closely with internal teams and external counterparties to address and resolve legal risks, enforceability, netting, collateral, and margin exchange arrangements.
Keep abreast of and implement changes in Chinese regulatory regimes relating to NAFMII and VM CSA, and provide proactive guidance to stakeholders.
Conduct legal research on PRC laws, precedents, and market practices, and deliver timely internal advisory memos and compliance recommendations.
Advise internal teams on legal documentation risk mitigation and ensure all agreements align with statutory obligations as well as client expectations.
Prepare clear and accurate reports, summaries, and workflow tracking related to the contract negotiation and management process.
Qualifications and Experience
Master’s degree in law from an accredited Chinese university.
6–10 years of post-qualification experience in a legal, financial, or banking institution, focusing on contract negotiation, documentation, and regulatory compliance in the Chinese financial markets.
Demonstrated hands-on experience with NAFMII/NAFMII VM CSA contracts and deep understanding of PRC margin rules, enforceability, cross-border netting, and related legal frameworks.
Proven track record of negotiating and drafting complex derivatives/financial contracts in both Chinese (required) and English (preferred).
Legal & Technical Skills:
Mastery of Chinese legal terminology and legal writing for contracts.
Strong analytical, research, and communication skills.
Knowledge of contract law, financial regulation, and PRC employment/contractual practices.
Prior experience in, or familiarity with, the China and Hong Kong financial markets is preferred.
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