Derivatives Client Counterparty Agreement Analyst

Wellington Management Company, LLP
Boston, USA
01 Dec 2021
10 Dec 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

We are transitioning to a hybrid work environment where both remote work and the office play a critical role. Our vision is a future where all employees are empowered to work flexibly to drive the best outcomes for our clients. Flexible work is a mindset and a core value. Our employees are encouraged to work remotely two days a week as a standard practice and will have flexibility in terms of working hours.


The Derivatives Client Counterparty Agreement Analyst (Analyst) role, within the Derivatives Platform Team, will work with Trading, Legal, Client Service, other internal Wellington teams and external brokers to successfully on-board new clients to counterparty derivatives agreements. Additional responsibilities include working to streamline the overall onboarding process with counterparties, maintaining active agreements and capturing key agreement terms in current firm systems as well as soon-to-be-created data repositories.


Responsibilities for this position will include the following:

• Identify new client accounts for derivatives onboarding and initiate onboarding process with counterparties.

•Work to define and maintain service level agreements (SLAs) with our counterparties that govern servicing expectations, as well as escalation/remedial actions for SLA breaches.

• Leverage our counterparty relationships to implement changes to better scale our business (i.e., Markit RFA implementation), and identify technology solutions to manage communications.

• Take an active role in negotiating with counterparties on client-specific business/credit decisions.

• Negotiate business terms and, with support from the Derivatives Legal Team, manage the umbrella legal agreement negotiation and amendment process with counterparties.

• Partner with Client Services Group to establish communication channels with counterparties; ensure consistency of documentation/deliverables, sharing of best practices and improving coordination and communication between client teams and the counterparties related to document submissions.

•Facilitate the collection and review of required documentation; post required documentation to Markit and ensure client confidentiality standards are maintained.

• Coordinate lifecycle hand-off with Client Transaction Services.

• Respond to counterparty KYC and other broker requests related to client documentation for onboardings.

• Work closely with IT, Trading, and Guideline Monitoring to enhance end-to-end broker restriction management.

• Support the ongoing counterparty/client optimization analysis and remedial actions, including the prompting of client onboarding/off-boarding exercises.


The Analyst is expected to have 5+ years in the investment management industry or at a sell-side bank, specifically with an expertise in derivative onboarding.

I mportant characteristics for success in the role include:

• Expertise in investment management operations and workflow processes; derivatives and onboarding experience is strongly preferred.

• Demonstrated success on projects and working effectively in working groups.

• Ability to synthesize, condense and convey complex information to key stakeholders in clear, digestible, and simple terms.

• Ability to identify, research and resolve unfamiliar issues.

• Strong business judgement and analytical skills.

• Service oriented; ability to balance policy standards with a business perspective.

• Deadline focused, organized self-starter with the ability to manage and prioritize multiple projects and issues.

• Excellent interpersonal, verbal, and written communication skills.

• Strong academic credentials - an undergraduate degree; an applicable advanced degree is beneficial; relevant designations may include CFA/CAIA.


The Derivatives Client Counterparty Agreement Analyst will ideally be based in Wellington's Global Headquarters in Boston, MA. Location in other US Wellington offices - including Chicago, San Francisco - will also be considered.


Derivatives Client Counterparty Agreement Analyst

100 Federal Street

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at .

Similar jobs

Similar jobs

  • You need to sign in to save