About us: The Commonwealth Bank of Australia’s (CBA’s) purpose is to build a brighter future for all. CBA’s Institutional Banking and Markets (IB&M) division is responsible for managing the Group’s relationships with major corporate and government clients and institutional investors, and provides a full range of capital raising, transactional, and risk management products and services. The division also performs an important internal role for the Group by providing equities, markets, lending, and transaction banking execution capabilities to other CBA business units that allows them to capture opportunities with business customers. Job Description: CBA is recruiting for the Sydney-based role of ISDA Negotiator within IB&M Legal. In this role, you will support the Global Markets Documentation (GMD) team, which is responsible for the negotiation of master agreements and associated documents, within IB&M. This role will be dedicated to supporting the Funds Finance / Sponsor FX arm of CBA’s Global Markets business. See yourself in our team: You will be part of the GMD team, reporting directly into the Head of Global Markets Documentation. Do work that matters: We are seeking a skilled and detail-oriented ISDA Negotiator to join our GMD team in Sydney. The successful candidate will be responsible for drafting, negotiating, and executing International Swaps and Derivatives Association (ISDA) agreements and related documentation to support the bank’s global markets business. This role requires an excellent understanding of derivatives documentation and market practices, along with good negotiation and communication skills. Objectives: Draft, review, and negotiate ISDA Master Agreements (including Schedules), Credit Support Annexes, and related trading agreements with institutional counterparties; Review partnership agreements, guarantees and other forms of credit support documents provided in connection with derivative and related transactions; Incorporate appropriate provisions for Know Your Customer, risk mitigation, and other legal and regulatory considerations; Assist in implementing industry best practices and contribute to process improvements; Work collaboratively with GMD colleagues located in New York, London, Sydney and Brisbane. We’re interested in hearing from people who have: 3-5 years of experience as an ISDA negotiator. Excellent knowledge of the ISDA Master Agreement, Credit Support Annex and associated documentation, Previous ISDA documentation experience in connection with the Funds Finance / Sponsor FX sector (either within Australia or internationally) would be an advantage but is not essential. The ability to confidently review partnership agreements, guarantees and other forms of credit support documents in connection with derivatives and related transactions; Experience operating in banking and finance, preferably in a top tier law firm and/or in-house, and ideally with cross-border experience; Good knowledge of some or all of Variation Margin/Initial Margin, closeout netting, and other relevant laws, regulations and current issues applying to derivatives, banking, and finance; The ability to coordinate with legal, risk, front office, collateral, tax, and other internal clients to resolve issues and obtain relevant approvals; Excellent written and verbal communication skills and record keeping/database management skills; The ability to work independently and as part of a team, and to prioritise and perform consistently in a high-volume environment; and A can do and pragmatic attitude. If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career. We're aware of some accessibility issues on this site, particularly for screen reader users. We want to make finding your dream job as easy as possible, so if you require additional support please contact HR Direct on 1800 989 696. Advertising End Date: 10/03/2025