Twenty Financial Services are working with a London based Asset Manager who are looking for a Onboarding Associate who has a strong knowledge of OTC Derivatives. You will manage the ISDA and GMRA pipeline where you will need to liaise with the business to establish launch dates and Account Openings.
- Managing the OTC and Repo broker documentation pipeline
- Maintain accurate and current data base of ISDA and GMRA documentation
- Interpret and provide guidance in operational terminology in relation to CSA/ GMRA terms to relevant operation teams.
- Identify and highlight nonstandard CSA/GMRA terms which will impact the operating model.
- Ensure function continues to support the service provisions and workflow organised appropriately.
- Participate in other aspects of the OTC/Broker Operational On-Boarding process when required.
- Identify processes and service enhancements, or potential risks, to ensure the client service provided is of the highest standard and remains fully compliant.
- Undertake quality assurance of work to ensure errors are minimised.
- Ensure the system infrastructure is robust, trusted and supports the longer term department strategies and enables efficient operational service delivery in compliance with all internal and regulatory requirements.
- Maintain detailed knowledge of Industry and ISDA changes
- Continuous review of procedures, policies, systems and issues. Recommend changes to procedures and implement, ensuring that they are scalable, repeatable and efficient.
- Continuous review and improvement of the Risk framework within the function.
- Produce insightful and meaningful MI reporting to management highlighting trends, analysis, errors.
- Robust management and implementation of projects/initiatives relevant to function.
- Ensure relevant numbers of ISDA/GMRA's across all required brokers are available to trade for the relevant Fund/account by the deadline stated.
- Ensure all relevant systems are set up accurately and timely fashion to ensure business can execute the required investment strategy without impacting other teams and functions.
- Participate in the on-going relationship with brokers fostering a collaborative approach to improve service levels
- ISDA/CDEA/CSA/GMRA knowledge
- Confident liaising across, Front Office, Investment Operations and Legal environments.
- Strong derivative product knowledge