Derivatives & Collateral Onboarding Associate at Standard Life plc

Edinburgh, Scotland, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

03 Aug, 26

Salary

42000.0

Posted On

05 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Derivatives Onboarding, Collateral Management, KYC, ISDA Documentation, CSA, GMRA, CDEA, EMIR Reporting, Aladdin, Stakeholder Management, Data Management, Regulatory Compliance, Analytical Skills, Counterparty Setup, Margin Requirements, Risk Communication

Industry

Financial Services

Description

A blue and yellow logo AI-generated content may be incorrect. [file:///C:/Users/SLBS49/AppData/Local/Temp/msohtmlclip1/01/clip_image002.gif] Here at Standard Life, we guide millions of people through some of life’s biggest decisions. We’re searching for a Derivatives & Collateral Onboarding Associate who shares our commitment to putting customers first, aiming high and working together to join the Middle Office team. Job Type: Permanent Location: This role could be based from our Edinburgh, Birmingham or London offices with time spent working from home and from the office (3 days) with some travel between Phoenix offices) Flexible working: All roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about flexible working here. [https://www.standardlifeplc.com/careers/flexible-working] Salary and benefits: From £42,000 (subject to experience) plus bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays (pro-rated), plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more! Who are we? We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures. Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day. The role The Derivatives & Collateral Onboarding Associate plays an important role within the Middle Office, supporting the Asset Management Front Office by coordinating the end‑to‑end onboarding of derivative trading relationships across Standard Life entities. The role contributes to ensuring that operational, legal, regulatory and system requirements are met, including KYC, legal documentation (ISDA, CSA, GMRA, CDEA), EMIR delegated reporting, variation and initial margin requirements, and counterparty setup across internal systems and external trading platforms. The Associate works closely with a wide range of internal and external stakeholders, including Front Office, Legal, Compliance and Risk teams, as well as external custodians, counterparties and vendors. The role requires strong organisational skills and the ability to build effective working relationships to help prioritise onboarding requests, resolve queries and provide clear, timely updates to stakeholders. Key Responsibilities * Coordinating the end‑to‑end onboarding of new and existing derivative trading counterparties * Acting as a key point of contact and developing subject‑matter expertise in derivative and collateral onboarding, supporting stakeholders by providing updates and helping to resolve queries * Coordinating KYC and reverse‑KYC requirements, documentation requests, screening and ad‑hoc queries across relevant teams * Building and maintaining effective working relationships with internal stakeholders and external counterparties, helping to ensure clear prioritisation of in‑flight onboarding requests * Supporting the setup and ongoing maintenance of counterparty, agreement and portfolio configurations across Aladdin (Deco, Compliance Workbench, Counterparty Config) * Overseeing counterparty setup on trading and confirmation platforms (FXALL, TradeWeb, DTCC, MarkitWire) * Coordinating derivative legal documentation (ISDA, CSA, GMRA, CDEA, IM CSD, ACA) with internal and external legal counsel * Maintaining accurate derivatives and collateral agreement data, including oversight of IM thresholds, MTAs and EMIR delegated reporting requirements * Identifying issues in a timely manner, applying sound judgement around escalation, and ensuring risks are clearly communicated to management What are we looking for? * Experience working in a Derivatives and/or Collateral Onboarding role within the Asset Management industry * Demonstrated understanding of derivative products, associated legal documentation (ISDA, CSA, GMRA, CDEA) and margin requirements (VM and IM) * Experience supporting KYC and due‑diligence processes, with an understanding of associated documentation requirements * Demonstrated knowledge of operational and regulatory requirements relating to derivatives * Strong analytical skills, with a focus on accuracy and quality in data management * Experience managing stakeholder interactions and contributing to the effective delivery of processes and tasks We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. We’re reviewing applications as they come in, so apply early to avoid missing out. Find out more about working at Standard Life * Guide for Candidates: standardlifeplc.pagetiger.com/guideforcandidates [https://standardlifeplc.pagetiger.com/guideforcandidates/guideforcandidates] * Find or get answers from our colleagues: www.standardlifeplc.com/careers/talk-to-us [http://www.standardlifeplc.com/careers/talk-to-us] #LI-KM1 #LI-HYBRID

Responsibilities

Coordinate the end-to-end onboarding of derivative trading relationships and ensure all legal, regulatory, and system requirements are met. Manage counterparty setup across internal systems and external trading platforms while maintaining accurate agreement data.