at Wellington Management Company in Chicago, Illinois, United States
Job Description
About Us
Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.
About the Role
THE COMPANY
Tracing our roots to 1928, Wellington Management is one of the world’s largest independent investment management firms. With US$1 trillion in assets under management as of September 30, 2018, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.
THE POSITION
The Derivatives Onboarding Analyst role, within the Derivatives Operations and Technology Team, will work with Trading, Legal, Client Service, other internal Wellington teams and external brokers to successfully onboard new and existing clients to counterparty derivative agreements. Additional responsibilities include working to streamline the overall onboarding process with counterparties through relationship management and technology solutions, maintaining active agreements, planning for the overall impact of upcoming derivative regulations, and capturing key agreement terms in current firm systems, as well as soon-to-be-created data repositories.
RESPONSIBILITIES
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Identify new client accounts for derivatives onboarding and initiate onboarding process with counterparties
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Leverage our counterparty relationships to implement changes to better scale our business (i.e., Markit RFA implementation), and identify technology solutions to manage communications
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Partner with the Client Services Group to establish communication channels with counterparties; ensure consistency of documentation/deliverables, sharing of best practices and improving coordination and communication between client teams and the counterparties related to document submissions
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Facilitate the collection and review of required documentation; post required documentation to Markit and ensure client confidentiality standards are maintained
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Coordinate lifecycle hand-off with Client Transaction Services
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Respond to counterparty KYC and other broker requests related to client documentation for onboardings
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Work closely with IT, Trading, and Guideline Monitoring to enhance end-to-end broker restriction management
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Support the ongoing counterparty/client optimization analysis and remedial actions, including the prompting of client onboarding/offboarding exercises
QUALIFICATIONS
Analyst is expected to have 2-5 years buy-side or sell-side experience in derivatives, specifically with a focus on client onboarding. Important characteristics for success in the role include:
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Expertise in investment management operations and workflow processes; derivatives onboarding experience is required
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Demonstrated success on projects and working effectively in working groups; ability to clearly define a business problem, and a roadmap with potential solutions
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Ability to synthesize, condense and convey complex information to key stakeholders in clear, digestible, and simple terms
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Service oriented; ability to balance policy standards with a business perspective
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Strong academic credentials
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Excellent interpersonal, verbal, and written communication skills
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Strong business judgement and analytical skills
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Deadline focused, organized self-starter with the ability to manage and prioritize multiple projects and issues
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Ability to identify, research and resolve unfamiliar issues
Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.
As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com.
At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits.
