Job Title: Operations Associate - Parametric
Job Responsibilities:
- Prepare draft agreements and other client documentation for institutional derivatives investors. Coordinate efforts with internal legal counsel, understand and resolve complex issues, and present final documents. Specific documentation may include investment management agreements, derivative trading agreements, limited partnership agreements, and other fund offering documents, non-disclosure agreements, ISDAs, and ISDA trade confirmations.
- Review and update client-specific documentation during the client onboarding process and throughout the lifecycle of the client; understand client-specific contract terms and requirements.
- Communicate directly with brokers and trading counterparties to facilitate the opening of new client accounts; complete internal setup of client and trading accounts.
- Work closely with trading, operations, compliance, and business development professionals across multiple office locations; expedite outstanding issues with a sense of urgency, and provide regular status updates and prioritization to meet client and/or internal deadlines.
- Review complex regulations and updates, research client-specific legal issues required for servicing the relationship, participate in firm-wide working groups and industry calls, and communicate results clearly to the business.
- Review ISDAs, ISDA amendments, and master confirmation agreements; assist clients with regulatory requirements during ISDA onboarding, work with trade counterparties, and review trade confirmations.
- Have primary responsibility for the maintenance of client files and the retention of documents, making use of technology to ensure access to current documents is efficient.
Education and Experience Information:
- Bachelor's (4-year) degree; JD or Paralegal with relevant financial services experience preferred.
- 4+ years' experience in financial services.
- Well-organized, self-starter with the ability to analyze information and take a risk mindset.
- Exceptional written and verbal communication skills.
- Document management experience.
- Prior experience with contracts, derivatives including uncleared products, and financial services regulations preferred.
Salary Information:
- Salary range for the position: $70,000 - $150,000 per year.
- The successful candidate may be eligible for an annual discretionary incentive compensation award.
- The candidate may be eligible to participate in the relevant business unit's incentive compensation plan, which also may include a discretionary bonus component.
- A full spectrum of benefits is offered, including Medical, Prescription Drug, Dental, Vision, Health Savings Account, Dependent Day Care Savings Account, Life Insurance, Disability and Other Insurance Plans, Paid Time Off (including Sick Leave consistent with state and local law, Parental Leave, and 20 Vacation Days annually), 10 Paid Holidays, 401(k), and Short/Long Term Disability, in addition to other special perks reserved for employees.
Company's Commitment:
- The company is committed to maintaining first-class service and a high standard of excellence.
- The foundation is built on five core values: putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back.
- The firm is proud to support employees and their families at every point along their work-life journey, offering attractive and comprehensive employee benefits and perks.
- The company aims to build and maintain a diverse workforce that reflects the standards of integrity and excellence.
- Equal employment opportunity is ensured without discrimination or harassment on various grounds protected by law.
- The company is an equal opportunity employer committed to diversifying its workforce.
