Counterparty Onboarding Analyst

SchonfeldNew York, NY
1d$75,000 - $85,000Onsite

About The Position

We are seeking a highly analytical and detail-oriented professional to join our Counterparty Onboarding team based in our New York City office. This group is responsible for all counterparty onboarding across the firm. You will collaborate with many peers from different departments, such as: Risk, Portfolio Financing, Middle Office, Fund Accounting, Corporate Strategy, KYC, and Back Office. Great organizational and interpersonal skills as well as mental resilience are required to succeed in this role. Ideal for students graduating in winter 2025 or spring 2026.

Requirements

  • Organizational skills, with a strong appreciation for data cataloging when managing projects
  • Time management skills with relevance to project deadlines and prioritization of projects
  • Excellent verbal and written communication skills
  • Interpersonal skills to adhere to the firm’s ethos and enhance team-to-team communication
  • Curiosity for learning and understanding how things work and systems interact.
  • Diligent working style with attention to detail and high standards for quality
  • Committed, able to work under pressure and great team player
  • 0-1 years of work experience

Nice To Haves

  • Any experience with productivity tools (Confluence, JIRA, Visio, or MIRO)
  • Any experience with the counterparty onboarding processes from a financial services firm
  • Any experience in a Middle/Back office operations role from a financial services firm
  • Any experience with legal documentation relating to trading execution agreements and/or FIA-Tech Portal.
  • Experience with SQL, VBA, or other technical skills is highly desired

Responsibilities

  • Contribute to our library of documentation to outline/refresh best practices as our workflows and tools evolve
  • Help suggest areas of improvement that will benefit all stakeholders across the firm
  • Coordinate with various teams globally: Legal / KYC / Middle Office / Strategy COO’s to gather information on new requests and enhance existing workflows
  • Illustrations of high-risk workflows for knowledge sharing across all departments
  • Help catalog new counterparty relationship requests and provide regular updates on current statuses/progress to management/internal stakeholders
  • Help prepare presentation notes and address team takeaway action items from large stakeholder meetings
  • Follow up with parties internally & externally to help facilitate firm-wide efforts
  • Coordinate from internal request to final execution for various execution agreements like: CDEA/ Give up Agreements / Options Application forms / FX Designation Notices / MRA & GMRA
  • Experience working/communicating directly with Prime Brokers, Execution Counterparties, and Custodian Banks
  • Once new brokers are established, coordinate respective system mappings with all internal/external stakeholders and vendors.
  • Complete/Facilitate all required documentation for the onboarding of clearing accounts and the required underlying markets
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