Derivatives Collateral Analyst — Remote 1 Day/Wk

Wellington Management; Boston (MA); Hybrid; USD 80,000 - 150,000; Full time

Benefits offered by this job

Competitive compensation

Flexible work arrangements

Retirement plan

Health coverage

Job summary

Wellington Management seeks a Derivatives Operations Analyst to manage daily collateral activity for ISDA, GMRA/MRA and MSFTA agreements. You will ensure timely margin calls, settlements, and reconciliations while coordinating with brokers, clients, and tech partners in a fast-paced environment.

Role requires 2+ years in investment operations and strong Excel, Python, and SQL skills. Hybrid work model with strong emphasis on accuracy and risk management.

Qualifications

• Undergraduate degree with a strong academic record.
• 2+ years of experience in investment operations.
• Understanding of OTC derivatives products, agreements, and collateral a plus.
• Strong communication skills, high attention to detail, and an analytical, problem-solving mindset.
• Comfortable working in a fast-paced, high-volume environment.
• Willingness to escalate issues and propose solutions.
• Technical proficiency in Excel; experience with Python and SQL preferred.
• Experience with Calypso Collateral, TriOptima, and Acadia a plus.

Responsibilities

• Calculate, issue, and respond to margin calls for OTC derivatives & MSFTA products.
• Process collateral movements (cash and non-cash) and lifecycle events (coupons, interest, etc.) accurately and on time.
• Monitor settlement and reconciliation activity, investigating and resolving failed trades, margin disputes, and valuation differences.
• Monitor collateral balances and eligibility schedules, ensuring usage aligns with legal agreements and internal guidelines.
• Act as a steward of risk and controls by maintaining strong documentation, procedures, and a focus on accuracy and quality.

Skills

Strong communication

Attention to detail

Analytical mindset

Ability to work under pressure

Fast-paced environment

Education

Undergraduate degree

Tools

Excel

Python

SQL

Calypso Collateral

TriOptima

Acadia

Job description

Wellington Management seeks a Derivatives Operations Analyst to manage daily collateral activity for ISDA, GMRA/MRA and MSFTA agreements. You will ensure timely margin calls, settlements, and reconciliations while coordinating with brokers, clients, and tech partners in a fast-paced environment.

Role requires 2+ years in investment operations and strong Excel, Python, and SQL skills. Hybrid work model with strong emphasis on accuracy and risk management.