UBS Warburg is looking to hire a London-based negotiator for its derivatives contracts with counterparties in Europe, the Middle East and Africa. An official in the credit risk management documentation group in London said the role would involve tailoring separate master agreements that the firm agrees with each of its counterparties, within International Swaps and Derivatives Association guidelines.
The master agreements are umbrella contracts that do not relate specifically to any particular asset class. The new hire would be responsible for negotiating master agreements and will report to Keith Spiller in London, who heads the credit risk documentation group of about 12 staffers.
