Senior Manager - Counterparty Onboarding (Asset Management) Senior Manager - Counterparty Onboarding (Asset  …

Carnegie Consulting
in London, England, United Kingdom
Permanent, Full time
Last application, 24 Feb 20
GBP65000 - GBP70000 per annum + bonus, pension, health, life assurance
Carnegie Consulting
in London, England, United Kingdom
Permanent, Full time
Last application, 24 Feb 20
GBP65000 - GBP70000 per annum + bonus, pension, health, life assurance
Newly created Globally focused role with an opportunity to shape it and offers plenty of influence / visibility internally across my clients' business. You will be an experienced asset management professional with a strength in setting up clearing agreements with Brokers and a strong working knowledge of ISDA agreements / derivatives. My clients' product range is broad and incudes open and closed ended funds, investing in a range of liquid and illiquid investments

Newly created Globally focused role with an opportunity to shape it and offers plenty of influence / visibility internally across my clients' business. You will be an experienced asset management professional with a strength in setting up clearing agreements with Brokers and a strong working knowledge of ISDA agreements / derivatives. My clients' product range is very broad and incudes open and closed ended funds, investing in a range of direct lending funds / private debt, real estate, mezzanine funds, CLOs etc., as well as publicly listed equity and fixed income securities

The Opportunity:

  • The overall purpose of the role is to take a lead in the onboarding of all portfolio trading counterparties for new and existing portfolios in line with the my clients' Counterparty Risk Policy
  • On-board Equity and Fixed Income Counterparties in line with local jurisdiction regulations and co-ordinate the negotiation of Terms of Business between the in-house legal team and broker
  • Provision of MIFID consents and any other local regulation disclosure as required
  • Initiate onboarding request with counterparties and co-ordinate the onboarding of all portfolio derivative counterparty relationships and work with Portfolio Onboarding Teams, Traders and Investment Teams to scope out derivative requirements for the various mandates/investment strategies
  • Assist legal team with negotiations of relevant trading agreement (ISDA, MCA, MSFTA, FCM etc)
  • Inform Regulatory Reporting Team of all new derivative agreements requiring EMIR reporting
  • Co-ordinate internal system set up and establish FIX connections with external EMS providers
  • Work with Custodians to open accounts with Transfer Agencies to support investments into Mutual Funds
  • Facilitate the completion of KYC requests from existing counterparties to ensure maintenance of trading relationships
  • Maintenance of all trading agreements and Operational Authorised Signatory List
  • LEI Co-ordination
  • Complete various timely reporting requirements including annual Eligible Markets Review, Risk Country reports, FX reports, committee reports etc..
  • Respond to any DDQ/RFP requests in a timely manner

Your Experience:

  • Strong record of academic achievement, along with completion of relevant industry specific qualifications
  • Demonstrable financial services experience, most likely from the asset management sector and have broad operational experience that will have provided you with knowledge of the full trade life cycle
  • You will have direct experience of onboarding trading counterparties across different jurisdictions i.e. EMIR
  • Be able to influence and work within a fast paced and delivery orientated environment
  • Understanding of Global Market Regulations e.g. CFTC, EMIR, MIFID
  • Proven experience of onboarding ISDA, MCA, MSFTA, FCM, Equity and Fixed Income Counterparties
  • Understanding of various different derivatives - OTC Derivatives, TBA, REPO's
  • Experience of Bloomberg AIM
  • Knowledge perhaps of FX Go, FX All, Flextrade, Market Axess
  • Ability to handle KYC requests from multiple jurisdictions
  • Proven Track Record of delivering change

My Client:

  • Award winning truly Global Asset Manager with a reputation for innovation
  • A culture that promotes both personal and professional development
  • Located in beautifully appointed offices within the heart of the City of London
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