Derivatives Onboarding Analyst
Manulife View all jobs
- Quezon City, Metro Manila
- Permanent
- Full-time
- Conduct derivatives onboarding functions both internally and externally to allow portfolio managers to use derivatives in their strategies and traders to execute derivatives trades.
- Coordinate derivatives trading operational readiness internally with middle office, operations and collateral management. Coordinate externally with derivatives brokers and custodians.
- Coordinate with Legal Services to ensure that proper legal agreements are put in place to support derivatives trading.
- Support the traders need for the best execution by setting up the full range of desired derivatives brokers and continually closing legacy trading gaps.
- Prioritize resolving derivatives trading and trade matching issues in real time to ensure a smooth post execution process.
- Ensure that all fund & broker onboarding and legal documentation is maintained as required by the business record retention policy.
- Ensure that all procedures are followed and checklists completed to meet the requirements of internal audit. Be proactive in updating procedures as needed to keep them current and accurate.
- Maintain an accurate and complete matrix of accounts, authorized derivative products, derivatives legal agreements and active brokers.
- Contribute to the successful management of external broker relationships.
- Take ownership of side projects to clean up records and validate broker setups.
- Contribute to the harmonization of the derivatives onboarding process with the Asia Derivatives Services team.
- Continuously evaluate, identify and recommend practices and controls that will increase process efficiency and mitigate financial and operational risks.
- Relevant undergraduate education - Business Administration, Finance, Economics, etc.
- Minimum 3 years of meaningful industry experience.
- Familiarity with MS Office suite is required
- Hybrid Work Arrangement: Amenability and readiness to work onsite and from home anytime (dependent on business need AND/OR current external environment/situation) and must be willing to work on a mid-shift schedule
- Exceptional attention to detail, meticulous note-taking and strong organizational skills are required to manage complex tasks accurately and independently.
- Highly self-motivated and proactive, with the ability to take initiative and progress tasks with different deadlines and priority levels.
- Strong interpersonal skills, unwavering integrity, and the agility to thrive in a dynamic environment with shifting priorities.
- Demonstrated experience building and maintaining good working relationships both internally and externally.
- Excellent analytical skills and the ability to think through problems, assess a variety of factors and recommend solutions.
- Asset Manager or Insurance Company industry experience is an asset.
- Familiarity with derivative instruments is an asset.