Derivative & Collateral Onboarding Analyst

Standard Life plc; Greater London; On-site; GBP 59,000 - 72,000; Full time

Benefits offered by this job

Discretionary bonus

Private medical cover

38 days annual leave

Excellent pension

12x salary life assurance

Career breaks

Income protection

Volunteering days

Job summary

Standard Life plc in London is seeking a Derivatives & Collateral Onboarding Analyst to own the end-to-end onboarding of derivative trading relationships. You will act as a link between Front Office and internal/external partners, ensuring operational, legal, regulatory and system requirements are completed accurately.

The ideal candidate has derivatives onboarding experience beyond KYC, works with teams across Derivatives Strategy, Legal, Risk, Compliance, Middle Office and Back Office, and can

Qualifications

• Experience onboarding derivatives or collateral within asset management or financial services.
• Understanding of ISDA, CSA, GMRA and related agreements.
• Knowledge of variation margin and initial margin requirements.
• Proven ability to manage multiple onboarding requests with accuracy.

Responsibilities

• Own end-to-end onboarding of new and existing derivative counterparties.
• Act as primary contact for onboarding requests and provide updates.
• Coordinate KYC and reverse-KYC activity and due diligence queries.
• Build and maintain relationships with internal and external stakeholders.
• Maintain data across platforms like Aladdin, FXALL, Tradeweb and MarkitWire.

Skills

Derivatives onboarding

KYC & due diligence

ISDA/CSA/GMRA/CDEA

Stakeholder management

Data & system discipline

Attention to detail

Tools

Aladdin

FXALL

Tradeweb

DTCC

MarkitWire

Job description

Job Description

Job Type: Perm

Location: This role will be based in our London office

Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about flexible working here.

Salary and benefits: Up to £65,000 plus discretionary bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more

Closing Date: 27th October.

We're Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone's journey to and through retirement can be better, and for more than 200 years, we've been helping our customers plan and prepare for their financial futures.

Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards.We make room for what matters - so you can bring your best, every day.

We are looking for a Derivatives & Collateral Onboarding Analyst to join our Asset Management team in London.

This is an excellent opportunity to take ownership of the end-to-end onboarding of derivative trading relationships across Standard Life entities. Acting as a key link between the Front Office and a wide range of internal and external partners, you will ensure that the operational, legal, regulatory and system requirements for each relationship are completed accurately and efficiently.

Ideal candidate will have experience of derivatives from and onboarding capacity, and not just from a KYC stance.

You will work closely with colleagues across Derivatives Strategy, Legal, Risk, Compliance, Middle Office and Back Office, as well as external counterparties, custodians, clearing brokers and service providers.

What you will be doing

• Managing the end-to-end onboarding of new and existing derivative trading counterparties.
• Acting as a key point of contact for derivative and collateral onboarding requests, providing clear updates and resolving queries.
• Coordinating KYC and reverse-KYC activity, including documentation requests, screening and due diligence queries.
• Building effective relationships with internal stakeholders and external counterparties.
• Managing and prioritising multiple onboarding requests to support timely delivery.
• Setting up and maintaining counterparty, agreement and portfolio configurations within Aladdin.
• Overseeing counterparty setup across platforms including FXALL, Tradeweb, DTCC and MarkitWire.
• Coordinating derivative legal documentation, including ISDA, CSA, GMRA, CDEA, IM CSD and ACA agreements.
• Maintaining accurate derivative and collateral agreement data.
• Supporting requirements relating to variation margin, initial margin and EMIR delegated reporting.
• Identifying issues at an early stage, applying sound judgement and escalating risks appropriately.

What we are looking for

You will ideally have previous experience in derivatives or collateral onboarding within an asset management or closely related financial services environment.

You Will Also Bring

• An understanding of derivative products and associated legal documentation, including ISDA, CSA, GMRA and CDEA agreements.
• Knowledge of variation margin and initial margin requirements.
• Experience of KYC, due diligence and documentation processes.
• A working knowledge of the operational and regulatory requirements associated with derivatives.
• Strong analytical skills and excellent attention to detail.
• The ability to maintain accurate and reliable data across multiple systems.
• Clear written and verbal communication skills.
• Strong stakeholder and relationship management capability.
• The confidence to take ownership of processes, tasks and onboarding requests.
• The ability to manage competing priorities and deliver effectively under pressure.
• A proactive, collaborative and adaptable approach.
• Sound problem-solving skills, with the judgement to identify and upscale issues when required.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds.

If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

Find out more about working at Standard Life

• Guide for Candidates: standardlifeplc.pagetiger.com/guideforcandidates
• Find or get answers from our colleagues: www.standardlifeplc.com/careers/talk-to-us