Client Onboarding Specialist
Responsibilities related to the ISDA Negotiator Role would be to initiate clients that need to be added (“on-boarded”) as parties to the ISDA Master Agreement, Futures Clearing Agreements (FCA), and other related derivative agreements. Assist in responding to counterparty/brokers inquiries related to all derivative related agreements or amendments and circulate open issues to the appropriate departments.
Working within the ADM department he/she will be responsible for ensuring all account and data integrity is maintained throughout the organization; acts as a liaison between all departments involved with new and existing accounts; participate in projects; assist in overall departmental reporting requirements.
Essential Job Function
· Obtain required documentation from clients to onboard onto ISDA Master Agreements, Futures Clearing Agreements (FCA), and other related derivative agreements with various counterparties and brokers.
· Reconciliation of ISDA, FCA, and other derivative agreement exhibits.
· Coordinate derivative documentation and act as a liaison between business groups to help establish and complete the derivative documentation process, including development of policies and procedures.
· Redaction of confidential/sensitive items in client documents.
· Reconciliation and delivery of AUMs to counterparties on ad hoc and monthly basis.
· Maintain account metrics on Onboarding Tracking Spreadsheet (accounts, static data, aum, on boarded status, etc.).
· Assist on any special ISDA/Derivative projects deemed necessary by the firm.
· Assist with the new account set up process from beginning to end ensuring data integrity, timeliness, accuracy, and efficiency.
· Continually monitor the quality, completeness, and accuracy of all new account set-ups and account maintenance. Proactively resolve issues through an audit function.
· Ensure compliance with policies and procedures and identify opportunities to improve internal controls.
· Provide consistently high level of service to internal and external clients.
· Provide backup assistance to our internal CRM database – Satuit Technologies.
Other Duties and Responsibilities
· Special project and systems based initiatives when they arise.
· Other duties as assigned.
Skill Sets Required
This individual must be highly motivated and detailed-oriented; able to work in a busy environment and committed to quality in all job-related activities. The position requires the following;
· Professionalism and a strong sense of accountability
· Excellent verbal and written communication
· Aptitude to exercise initiative and to define and resolve problems; think “outside the box.”
· Impeccable attention to detail with the ability to see “the big picture.”
· Ability to interpret and understand legal contracts to ensure proper data is captured in relevant systems.
· Familiarity of ISDA definitions and OTC derivative products.
· Clear understanding of industry terminology and Fixed Income products.
· Strong communications skills at all levels: courteous, effective and professional; authoritative and diplomatic.
· Ability to work independently in a busy and demanding environment amid significant organizational growth and change.
· Strong organizational skills with excellent follow-up discipline.
· Knowledge and proficiency with Microsoft Office products and CRM software.
Education/Experience:
· Bachelors Degree in Business, Finance, or Accounting preferred.
· 5 + years experience in the financial services industry.
· An understanding of ISDA Master Agreements in order to on board new accounts.
· Experience with Fixed Income products.
· Knowledge of derivative instruments.
· MBA preferred, but not required
Requirements
This position requires an individual who possesses the personal attributes and the professional experience consistent with the Firm’s high standards of conduct and performance. In performing the job, the individual must: (i) always act in the best interests of clients, (ii) continuously evaluate and escalate areas of risk to the Firm, (iii) work cohesively and effectively with people across all functions, and (iv) comply with all Firm policies and procedures. Accordingly, it is expected that the individual is of high moral character, well-organized and self-directed, with strong personal skills and an ability to execute work objectives in a dynamic, fast-paced environment.
Brandywine Global Investment Management, LLC is an Equal Opportunity Employer
Leave a Reply
You must be logged in to post a comment.