Operational On-boarding Specialist
Salary: Market Rate
Location: London, England, United Kingdom
Job Type: Full time
Role Overview Schroders Operational On-boarding is responsible for: ? All data associated with client / custodian / counterparty to ensure maximum levels of STP ? Omgeo Alert and market utility stored data ? Custodian and client Standard Settlement Instructions ? Derivative agreements Initial focus forRole Overview
Schroders Operational On-boarding is responsible for:
? All data associated with client / custodian / counterparty to ensure maximum levels of STP
? Omgeo Alert and market utility stored data
? Custodian and client Standard Settlement Instructions
? Derivative agreements
Initial focus for this role is to assist in configuring, testing and implementation of Aladdin before becoming more involved in wider Transitions Team and Operational On-Boarding work.
Key Aladdin Project Responsibilities
? Analysis and configuration of counterparty data in Aladdin system to achieve optimum STP for confirmation of Equity, Fixed Income, MMT, FX and OTC derivative products.
? Analysis and review of Standing Settlement instructions that are being migrated from current systems to Aladdin system.
? Configuration of Trade routing in Aladdin for trade messaging of Equity, Fixed Income, MMT and FX products, as well as trade messaging for reporting purposes (Trade Operations London).
? Inputting in to the development of the Future State Transitions & Onboarding Operating Model, building out business rules and developing procedures.
? Setup & configuration of settlement data Equity, Fixed Income, MMT, FX and OTC derivative products. (confirmation lines), including the maintenance of custodian, client and counterparty Standing Settlement Instructions for all instruments and cash (alert, LiSD, pelican
? Provision of deltas as data changes.
Key BAU Responsibilities:
? Deliver accurate, timely and compliant on-boarding capability.
? Identify, nuances within client / custodian / counterparty requirements
? Record, investigate and resolve any instances where On-boarding requirements are not considered standard straight through process and collaborate with internal areas for resolution where possible.
? Remain current will all market influences and changes which will demand remedy within our data model
? Close liaison with Transition team colleagues and the Operation and Portfolio Services functions.
? Perform function in line with established business controls, checklists and procedures.
? To support the wider regulatory regime requirements for all on-boarding activities for ETD/OTC derivatives for all new mandates / funds
? To maintain regular communication on requirements for on-boarding with external counterparties and brokers.
Experience and Skills:
? Typical educational requirement: graduate
? Experience in trade operations and use of Aladdin platform a great advantage
? Must possess good interpersonal skills and/or written skills. Ability to explain relatively involved concepts in a clear and concise manner to others within the organisation.
? The ability to promote a positive and professional image and being helpful and polite is essential.
? Able to work collaboratively across teams.
? Able to prioritise, work on own initiative and under pressure ? a self starter.
? Must have excellent attention to detail.
? Excellent PC skills, particularly Excel.