The this team is responsible for all operational setup, queue management and maintenance in respect of external counterparties relating to bilateral trading agreements, including repo clearing, OTC clearing, ISDA GMRA, FX and MSFTA’s.
This role has been set at a senior specialist level, reflecting that the holder will both perform onboarding duties and be able to actively contribute to a modernisation / change agenda, plus deputise for and support the head of team when required to do so.
The holder of the role will day to day BAU responsibilities, including working on the items set out above. The team also manages queries and resolves issues as they arise internally, which requires a degree of mental agility to keep the wheels turning. The team is responsible for day to day onboarding with banks and other external parties manage the team so as to ensure that work continues to be delivered efficiently and to a very high standard, that good working relationships are maintained with external parties such as banks and also with internal teams such as Derivatives Legal, Client Service, Investment Operations and Asset Transitions, along with management of our outsourced back office in respect of this business area; the holder of this role will be a key person in keeping these functions working well.
Alongside the day job, there is an imperative to contribute, along with other team members, on the (already started) process of modernising and digitising the work this team performs. This involves strategic longer term systems changes and tactically ensuring that MI delivery is improved (potentially via directing spreadsheet development).