Associate II - Derivative Onboarding

UST

Chennai District

On-site

INR 1,200,000 - 1,800,000

Full time

2 days ago

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Job summary

UST is seeking a Team Leader for Derivative Onboarding to deliver a robust control environment and support Investment Teams in pre- and post-trade mandate restriction monitoring. You will provide subject matter expertise, especially in complex queries and ad-hoc tasks, thriving in a fast-paced operations setting with strong attention to detail.

You will liaise with brokers and market platforms to open accounts, maintain data accuracy, and ensure timely onboarding while guiding a collaborative

Qualifications

2–4 years of derivative onboarding experience.
Solid understanding of OTC (Bilateral and Cleared), ETD and FX.
Ability to manage a high volume of varied tasks efficiently and meet deadlines.
Collecting, verifying, storing, and maintaining accurate operational data.
High level of accuracy and attention to detail.
Commitment to delivering a high-quality onboarding/offboarding experience for clients.
Good understanding of operational risks.
Experience in an Asset Management firm or similar.
Experience with CFD’s, Term Deposits, TBA’s and Loans is advantageous.

Responsibilities

Open derivative trading accounts internally and with external vendors.
Deliver end-to-end processes and meet deadlines.
Document all required information throughout any onboarding.
Keep key parties informed of onboarding status from initiation to completion.
Ensure data is maintained in internal databases and external platforms.
Maintain up-to-date due diligence docs in KYC systems and brokers.
Collect, verify, store, and maintain accurate data.
Assist with process improvements and ensure controls are completed.
Respond to counterparty and broker queries promptly.

Skills

Derivative onboarding

OTC FX ETD

Task management

Data accuracy

Regulatory awareness

Education

Finance or related degree (implicit)

Tools

Aladdin

Markit KYC

S&P Global Markit RFA

Job description

Who We Are

At UST, we help the world’s best organizations grow and succeed through transformation. Bringing together the right talent, tools, and ideas, we work with our client to co-create lasting change. Together, with over 30,000 employees in over 25 countries, we build for boundless impact—touching billions of lives in the process. Visit us at .

Role Description

UST Job Title: Derivative Onboarding

The Opportunity

UST is looking for Team Leader; you will play a critical role in delivering a robust control environment and supporting Investment Teams to ensure effective pre- and post-trade mandate restriction monitoring all within challenging deadlines. You will provide subject matter expertise, particularly in the oversight and delivery of complex queries and tasks, and handling ad-hoc requests. We are looking for someone who likes working as part of a team, is comfortable with a fast-paced operations environment and has a strong attention to detail.

Key Roles & Responsibilities

The Derivative team is responsible for setting up the trading capabilities spanning, but not limited to; FX, OTC Bilateral & Cleared, ETD, CFD’s, Term Deposits and TBA’s. This involves liaising with external parties such as brokers, clearers and market platforms to open trading accounts. The team is also responsible for updating key business data for trading, collateral, legal and operations teams within our internal systems.

Key Responsibilities

Open derivative trading accounts internally and with external market vendors
Deliver the end-to-end process and ensure deadlines are always met
Clearly document all required information throughout any onboard
Keep all key parties informed of onboarding status progression, from initiation to completion
Ensure all data is accurately maintained in internal databases and external platforms
Maintain up to date due diligence docs in Markit KYC, permission appropriate / approved brokers
Collecting, verifying, storing, and maintaining accurate operational data.
Assist with any process improvement, ensure operating guidelines are met and controls are accurately completedRespond to counterparty and broker queries, clearly and quickly
Escalate issues immediately to the Team Leader Skills and Behaviours

Required Skills

2 - 4 years of derivative onboarding experience
A good understanding of OTC (Bilateral and Cleared), ETD and FX
Ability to manage a high volume of varied tasks efficiently and meeting internal and external deadlines.
Collecting, verifying, storing, and maintaining accurate operational data.
High level of accuracy and attention to detail.
Commitment to delivering a high-quality onboarding and offboarding experience for our clients
Good understanding of operational risks
Previous experience working within an Asset Management firm or similar.
Previous experience of CFD’s, Term Deposits, TBA’s and Loans would be adventagious.
Ideally, previous experience of Aladdin, S&P Global Markit RFA or Markit ‘Onboarding Accelerator’

What You’ll Be Like

A keen eye for detail is crucial for reviewing documentation, ensuring compliance with regulatory standards, and accurately processing client and fund information.
Strong organisational skills are needed to manage multiple events simultaneously, prioritising tasks and maintaining a smooth and efficient workflow.
A motivated, committed and enthusiastic person who thrives working in a close team environment
Someone who can identify issues and suggest and help implement solutions quickly and effectively
The ability to analyse data and workflows to help improve processes and enhance the efficiency of the onboarding experience.
A proactive learner that is quick at picking up new processes
Can work on own initiative whilst ensuring the team manager is aware of what you are delivering
A resilient team member who is good at building relationships Clients Behaviours -

How we act gives us our Edge All colleagues are expected to actively demonstrate Clients’ behaviours by:

Taking accountability and ownership of their responsibilities, embracing challenges, driving outcomes, and executing promises with pace and precision.
Championing collaboration to fuel collective success, break through barriers, and resolve conflict.
Innovating by challenging the current way of working, adapting with agility, and cutting through complexity with clarity and purpose.
Inspiring our people by embodying our culture encouraging and empowering others, leading by example, and advocating for our clients.
Being client centric, anticipating clients’ needs and proactively addressing challenges with foresight to deliver an extraordinary client experience.

What We Believe

We’re proud to embrace the same values that have shaped UST since the beginning. Since day one, we’ve been building enduring relationships and a culture of integrity. And today, it's those same values that are inspiring us to encourage innovation from everyone, to champion diversity and inclusion and to place people at the centre of everything we do.

Humility

We will listen, learn, be empathetic and help selflessly in our interactions with everyone.

Humanity

Through business, we will better the lives of those less fortunate than ourselves.

Integrity

We honour our commitments and act with responsibility in all our relationships.

Equal Employment Opportunity Statement

UST is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion, or sexual orientation.

All employment decisions shall be made without regard to age, race, creed, colour, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.

UST reserves the right to periodically redefine your roles and responsibilities based on the requirements of the organization and/or your performance.