In-house ISDA/Derivatives Opportunity Questions Forum

[Anonymous User]

Hi everyone. I have an opportunity to join a financial services company assisting the derivatives desk and on-boarding investment managers. I currently work for a financial services company in a different area of finance and on different agreements. Although I have the ”soft skills” for this position, I have never worked with ISDAs before and have some questions. The potential position would come with a considerable increase in salary.

Some additional details are that the position would entail corporate governance, assisting with litigation management, and general contract work, which I have done. The new area for me would specifically be supporting the derivatives desk, including negotiating ISDAs, CSAs, and other derivative-related agreements. Although I have worked on a number of contracts and certainly have the “soft” skills for this responsibility, ISDAs and derivative documents would be a new area for me.

Can anyone offer any insight into a similar position? What’s your day-to-day like? Specially negotiating ISDAs? Do you negotiate the agreements yourself, or advise the business people/negotiators what terms are acceptable? What are the stressful parts of the job? How are your business partners and co-workers? Job prospects?

Some of the materials I have read said that working on ISDAs can be monotonous, but that doesn’t bother me. At this point I am more concerned with a reliable schedule, good work/life balance, and good business partners. I don’t mind learning something new due to the considerable salary increase, but would like a better understanding of what I would be getting myself into. I should add that I am in-house now and like my job, but am paid about 20% below market in a high COL area. Thank you.

[Anonymous User]

Any takers?

[bettercaulsall]

Any takers?

feel free to message me, if this is still relevant.

[Anonymous User]

It is not letting me message you. Is it possible your PMs are off? Thank you for responding.

[tlsadmin3]

It is not letting me message you. Is it possible your PMs are off? Thank you for responding.

You have to post 5 times before you are eligible to send messages due to the amount of spam that has happened in the past.

[Anonymous User]

It is not letting me message you. Is it possible your PMs are off? Thank you for responding.

You have to post 5 times before you are eligible to send messages due to the amount of spam that has happened in the past.

Makes sense. Sorry about that.

[tlsadmin3]

It is not letting me message you. Is it possible your PMs are off? Thank you for responding.

You have to post 5 times before you are eligible to send messages due to the amount of spam that has happened in the past.

Makes sense. Sorry about that.

No problem just trying to help you

[Dallas316]

It is not letting me message you. Is it possible your PMs are off? Thank you for responding.

You have to post 5 times before you are eligible to send messages due to the amount of spam that has happened in the past.

Makes sense. Sorry about that.

No problem just trying to help you

I am assuming the 5 posts cannot be in anonymous mode?

[tlsadmin3]

It is not letting me message you. Is it possible your PMs are off? Thank you for responding.

You have to post 5 times before you are eligible to send messages due to the amount of spam that has happened in the past.

Makes sense. Sorry about that.

No problem just trying to help you

I am assuming the 5 posts cannot be in anonymous mode?

That would be correct

[Dallas316]

Any takers?

feel free to message me, if this is still relevant.

Hi Saul. Love your show. I didn't take the job referenced in this post but a similar position has opened up. Please PM me if you can. In the interim, I will build my post count

[Dallas316]

Bumping for Saul or anyone else that can chime in.

[Dallas316]

Bump for thread and post count so I can DM.