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About Us
Wellington Managementoffers 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.
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About the Role
THE COMPANY
Tracing our roots to 1928, Wellington Management Company, LLP is one of
the worlds largest independent investment management firms. With over
US\$1 trillion in assets under management as of 30 June 2021, we serve
as a trusted adviser to institutional clients and mutual fund sponsors
in 65 countries. Our innovative investment solutions are built on the
strength of proprietary, independent research and span nearly all
segments of the global capital markets, including equity, fixed income,
multi-asset, and alternative strategies. As a private partnership whose
sole business is investment management, our long-term views and
interests are aligned with those of our clients. We are committed to
attracting a talented and diverse workforce, and to fostering an open,
collaborative culture of inclusivity because we believe multiple
perspectives lead to more informed investment and business decisions. At
Wellington Management our appetite for technology is insatiable. We
recognize that the world is full of fascinating questions that will
impact the future of companies, economies, financial markets, and entire
industries. We want you to help us find answers to these questions by
building and evolving our innovative, industry leading, technology
platform. We are seeking qualified candidates to join our evolving and
expanding technology team. Together, you will not only dream up
solutions to todays investment challenges, but you will build them in
order to see real-life results.
POSITION
TheDerivative Operations Analystis part of the InvesTech Operations
department. The Analyst will be primarily responsible for supporting the
OTC settlement and post-execution lifecycle event process for all OTC
derivative products. This will encompass exception-based management of
the trade capture workflow, lifecycle event processing, multiple daily
reconciliations, and new product implementation for all OTC derivative
activity across a suite of applications. The Analyst will continually
look for opportunities to create efficiencies within these tasks through
workflow enhancements and technology. The Analyst will work closely with
our brokers, vendors, service providers, client relationship teams,
trading, and technology to ensure timely trade capture in multiple
internal systems, processing of lifecycle events, responding to client
inquiries, and troubleshooting critical issues. They will be involved in
various projects by performing user acceptance testing and assisting
with other implementation tasks. As part of a broader Derivatives
Operations team, there will also be cross-team opportunities, including
the potential to assist with margin, collateral, and clearing. Due to
the complexity and manual nature of some functions, the Analyst will
continually look for opportunities to create efficiencies in the
processing, reporting and reconciliation of derivatives. While the
Analyst will work in a team-oriented environment, many projects will be
self-directed, often under intense deadline pressures.
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RESPONSIBILITIES
- Management of OTC derivative settlements by processing resets,
unwinds, and other lifecycle events for all OTC derivat ve products
- Management of outstanding trade and reconciliation breaks
- Daily review of OTC trade communication to ensure that new trades
and amendments are captured properly and subsequently communicated
- Serve as an escalation point for resolution of trade communication
and settlements queries raised by dealers, service providers, and
client agents
- Serve as a resource for internal teams handling OTC
derivative-related queries and audit requests from clients and their
agents
- Processing exceptional events that impact OTC derivatives positions,
including credit events, corporate actions, and client transitions.
- Continuously identifying opportunities for improvement and assist in
implementing necessary changes
- Be a steward of risk and control frameworks, always keeping work
quality and accuracy in mind
QUALIFICATIONS
Have familiarity with, or interest in, OTC derivatives
Experience with back and/or middle office operations
Be a self-starter and independent thinker
Demonstrate sound judgment and analysis
Possess strong interpersonal skills needed to work with the team and
management