Documentation unit

People Anatomy™ A spotter’s guide to the men and women of finance. →Go uptown Index: Click ᐅ to expand: Archetypes Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

What the documentation unit means

Seen through the different prisms of the self-perpetuating autocracy, this is what the documentation unit means:

• Sales: WHERE'S MY GODDAMN ISDA?
• Credit: Why don't we throw in an indemnity and a unilateral close-out right? It won’t hurt to give it a try.
• Chief Operating Officer: Who the hell are these people and why do they cost so much? Where are the economies of scale?
• General counsel: This is what Sales, Trading and the Executive Management Committee has in mind when it thinks of my legal department. This pains me. Maybe if I gave it a snazzy new name, like the Contract Negotiation Specialists Group. Would that help?

See also

• Negotiator
• Head of the Documentation Unit