Derivatives Onboarding Analyst

Derivatives Onboarding Analyst

The Derivatives Onboarding Analyst will report to the Director of Derivatives Onboarding within the Global Derivatives Services team. The Derivatives Onboarding team supports the Manulife Asset Management and Life Insurance businesses globally by performing all setup steps necessary for derivatives trading. This role will be accountable for the execution of best-practices in onboarding and broker relationship management in support of the organization's exchange-traded, over-the-counter, and centrally-cleared derivative requirements. You will be dedicated, assertive, organized, and highly professional. The candidate will have a combination of derivatives industry experience, onboarding experience, relationship management skills, and practical business insight.

Responsibilities :

• Receive and assess derivatives trading requests from Relationship Management, Product Management, and Portfolio Managers.
• Facilitate the derivatives trading approval process and ensure that there is a governance structure around the onboarding of new accounts trading derivatives.
• Maintain status dashboards of derivatives approval and onboarding requests.
• Support Traders need for the best execution by setting up the full range of desired derivatives brokers.
• Oversee the derivatives trading related onboarding functions for new accounts and new brokers.
• Lead derivatives trading operational readiness within the Global Derivatives Services team including middle office, operations, and collateral management.
• Coordinate with Legal Services to ensure that proper legal agreements are put in place to support derivatives trading.
• Ensure that all account, broker onboarding, and legal documentation is maintained.
• Maintain an accurate and complete matrix of accounts, authorized derivative products, derivatives legal agreements, and active brokers.
• Contribute to the successful management of external broker relationships.
• Work with the Derivatives Solutions team to support the setup of technology to facilitate trading of new derivative product types.
• Take ownership of side projects to clean up records and validate broker setups.
• Contribute to the harmonization of the derivatives onboarding process with the Asia Derivatives Services team in Hong Kong.
• Continuously evaluate, identify, and recommend practices and controls that will increase process efficiency and mitigate financial and operational risks.

Qualifications :

When you join our team :

Manulife Financial Corporation is an important international provider of financial services that helps people make decisions in an easier way and live better. For more information about us, visit www.manulife.com .

Manulife is an employer that offers equal opportunities. In Manulife / John Hancock, we value our diversity. We strive to attract, train, and retain a workforce as diverse as the clients we serve, and to foster an inclusive work environment where the strengths of cultures and people are leveraged. We are committed to equity in hiring, retention, advancement, and compensation, and we administer all of our practices and programs without discrimination based on race, ancestry, place of origin, color, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other aspect protected by law. Our priority is to remove barriers to ensure equal access to employment. A Human Resources representative will work with applicants who require reasonable accommodation during the application process. All information shared during the application process for accommodation will be stored and used in a manner consistent with Manulife / John Hancock's corresponding laws and policies. To request a reasonable accommodation in the application process, please send us a message at recruitment@manulife.com .

Referenced Salary Location : Toronto, Ontario

Work Modalities : Hybrid

Salary range is expected to be between $61,350.00 CAD - $102,250.00 CAD. If you are applying for this position outside the primary location, please contact recruitment@manulife.com to know the salary range of your location. The actual salary will vary based on local market conditions, geography, and relevant job-related knowledge, skills, qualifications, experience, and education / training. Employees are also eligible to participate in incentive programs and obtain incentive compensation linked to business and individual performance. Manulife offers eligible employees a wide variety of customizable benefits, including health, dental, mental health, vision, short-term and long-term disability, life and accidental death and dismemberment insurance, adoption / surrogacy, and wellness, and employee / family assistance plans. We also offer eligible employees various retirement savings plans (including pensions and a global equity ownership plan with employer matching contributions) and financial counseling and education resources. Our generous paid time off program in Canada includes holidays, vacation, personal days, and sick days, and we offer the full range of statutory leave.