Derivatives Onboarding Associate

AllianceBernstein • Nashville, TN

7d

About The Position

We are seeking a Derivatives Onboarding Coordinator to join our Derivative Compliance team in Nashville, TN. The Derivative Compliance team supports each of the AllianceBernstein Asset Management businesses globally manage broker relationships, complete trading documentation and keep compliant with derivative regulations around the world. The Derivatives Onboarding Coordinator will be responsible for working with our sales and product development teams, portfolio management, middle office and operations, trading desk and other relevant internal stakeholders to prioritize and complete outstanding account onboarding to our derivatives agreements. The Derivatives Onboarding Coordinator be responsible for driving our team's agenda with our derivatives counterparties and custodians to ensure we are meeting our target launch dates, while successfully managing our dealer relationships and acting as a knowledgeable resource for the firm with regards to the status of your workflow items. The Derivatives Onboarding Coordinator will work closely with the rest of the Derivatives Compliance team to understand which accounts will be covered on the agreements the negotiator is working on, and ensure agreements are properly recorded in our systems once executed and ready for trading.

Requirements

• A desire to learn
• Be comfortable challenging the status quo
• Strong organizational skills
• Undergraduate diploma required
• Solid organizational skills and a high degree of professionalism combined with the ability to readily adapt to rapidly changing environments and deal with competing priorities
• Working knowledge of advanced excel functions (v-lookups and pivot tables) and Microsoft Word are required and non-negotiable
• Team player with demonstrated experience building and maintaining good working relationships both internally and externally

Nice To Haves

• Working knowledge of Workshare Compare is desirable but not required
• Knowledge of derivatives products, agreements and regulations is desirable but not required
• Familiarity with various fund structures (mutual funds, pooled funds, private funds, UCITS, and institutional accounts) is desirable but not required

Responsibilities

• Coordinate the onboarding of accounts with our derivative dealers. This will include maintaining an accurate and detailed matrix of the progress and problems encountered for each account, driving our team’s agenda with the dealers while successfully managing our dealer relationships, and acting as a knowledgeable resource for the firm with regards to the status of your workflow items
• Assist with ad-hoc projects that may involve assisting in the negotiation of a new agreement type in response to regulatory developments, coordinating with various other teams in the firm (i.e. portfolio management, operations, IT and sales), or complex data management and organization
• Act as a knowledgeable resource for information regarding derivatives trading agreements and derivatives regulation for the firm

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level