Senior Vice President, Counterparty Management & Administration
About The Position
PIMCO is seeking a Senior Vice President to lead its global Counterparty Management & Administration (CMA) team within Legal Operations. CMA facilitates counterparty onboarding, trading documentation, KYC, tax documentation, regulatory reporting setup, and other operational processes needed to establish and maintain trading relationships across clients and products. The team ensures accounts are trade-ready by coordinating legal, regulatory, and operational requirements across asset classes and partnering with internal teams and external counterparties. The role leads complex, multi-party onboarding and counterparty management initiatives across the Americas, EMEA, and APAC, serving as a decision-maker and escalation point. It includes direct leadership of a team with offshore and outsourced resources, as well as hands-on ownership of trading documentation, onboarding, account launch readiness, and related operational processes. The successful candidate will strengthen processes, scalability, transparency, and controls, and evaluate industry solutions, proprietary systems, and AI-enabled solutions. The position is based in New York, NY. PIMCO describes its compensation approach as base salary plus a discretionary bonus. The stated base salary range is $250,000 to $305,000.
Requirements
- Minimum of a bachelor's degree.
- At least 10 years of professional experience at an asset manager, investment bank, broker-dealer, or investment advisor.
- Experience with counterparty onboarding and trading documentation at an asset manager or broker-dealer.
- Experience with US Patriot Act, KYC, AML, or account due diligence requirements, including Dodd-Frank or EMIR reporting requirements.
- Experience with industry onboarding and documentation platforms such as S&P Counterparty Manager, ISDA Amend, FIA Tech DOCS, or similar systems.
- Strong understanding of derivatives, financing, or trading transactions sufficient to identify required documentation, collateral terms, and clearing arrangements.
- Deep knowledge of trading agreements, including ISDA Master Agreements and Credit Support Annexes, MRA/GMRA, MSFTA, prime brokerage documentation, and clearing agreements.
- General knowledge of, and ongoing education about, regulatory changes affecting derivatives, financing, and related products.
- Experience onboarding counterparties across multiple regions, with knowledge of local market conventions, documentation standards, and operational nuances.
- Experience supporting workflows involving tax documentation and coordinating with tax stakeholders, with an understanding of effects on account setup, counterparty onboarding, and trading readiness.
- Demonstrated ability to lead complex cross-functional processes involving internal teams and external counterparties.
- People management experience, including direct oversight, performance management, and team development.
- Exceptional organizational, project management, critical-thinking, problem-solving, interpersonal, and communication skills; resourcefulness, self-motivation, attention to detail, and commitment to excellence.
- Ability to adapt to fast-paced environments, shifting priorities, ambiguity, and unstructured processes; collaborative approach, emotional intelligence, and resilience.
- High ethical standards, integrity, sound judgment, intellectual curiosity, and commitment to ongoing professional learning.
Nice To Haves
- Experience with Microsoft applications including Excel, SharePoint, and Copilot; SmartSheet or similar database systems; and other AI-enabled solutions.
- Curiosity about emerging technologies and automation opportunities that improve efficiency, transparency, and scalability.
Responsibilities
- Lead and own the global end-to-end trading counterparty onboarding process across products, strategies, and account structures.
- Assess trading requirements and ensure appropriate documentation, legal agreements, and operational setup are in place before trading.
- Oversee setup, negotiation, and maintenance of counterparty agreements, including ISDA, CSA, MSFTA, GMRA/MRA, clearing, and prime brokerage agreements.
- Ensure account structures, legal documentation, regulatory requirements, and intended trading activities are aligned.
- Resolve onboarding, documentation, and operational issues that could affect launch timelines or trading readiness.
- Ensure tax documentation and onboarding requirements are completed accurately and on time, supporting initial setup and ongoing maintenance.
- Coordinate and monitor investigations and resolution of withholding-tax issues to mitigate operational and trading impacts.
- Oversee KYC, AML, and counterparty due diligence requirements and related account refresh processes.
- Facilitate applicable regulatory reporting setup requirements.
- Coordinate execution across global teams and time zones, maintaining clear ownership and continuity of onboarding activities.
- Partner with Portfolio Management, Account Management, Transitions, Collateral Management, Legal, Compliance, Trading, Operations, Tax, and external counterparties.
- Act as the primary escalation point for complex onboarding issues, documentation gaps, and timeline risks, engaging senior management as needed.
- Manage counterparty relationships and ensure onboarding milestones support fund launches and trading timelines.
- Develop counterparty partnerships to identify solutions that expedite onboarding.
- Lead, mentor, and develop direct reports, providing oversight, prioritization, quality control, and performance management.
- Oversee offshore and outsourced resources to ensure accurate, consistent, and timely service delivery.
- Establish operating standards, accountability measures, and service-level expectations for the function.
- Own and maintain counterparty metadata and onboarding records across internal and third-party platforms.
- Maintain strong data quality, transparency, governance, and control standards.
- Identify inefficiencies and lead improvements involving automation, workflow optimization, reporting enhancements, and industry onboarding solutions.
- Drive initiatives that improve scalability, reduce operational risk, and enhance the onboarding experience.
- Support or lead ad hoc projects and cross-functional initiatives related to onboarding, trading readiness, operational enhancements, and process improvement.
- Evaluate technologies and industry solutions that improve efficiency, transparency, and scalability.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
