Derivatives & Collateral Onboarding Associate
Derivatives & Collateral Onboarding Associate

Derivatives & Collateral Onboarding Associate

Full-Time 42000 - 42000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Coordinate onboarding of derivative trading relationships and support stakeholders with updates and queries.
  • Company: Join Standard Life, a leader in guiding people through life's big decisions.
  • Benefits: From £42,000 salary, excellent pension, private medical insurance, and 38 days holiday.
  • Other info: Flexible working options available, including part-time and job-share opportunities.
  • Why this job: Make a real impact in the asset management industry while developing your expertise.
  • Qualifications: Experience in derivatives onboarding and strong analytical skills required.

The predicted salary is between 42000 - 42000 £ per year.

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 Details

  • 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.
  • 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 12× salary life assurance, career breaks, income protection, 3× volunteering days and much more!

Role Overview

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

Qualifications

  • 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

Derivatives & Collateral Onboarding Associate employer: Standard Life plc

At Standard Life, we pride ourselves on being an exceptional employer, offering a supportive and flexible work environment that prioritises employee well-being and professional growth. With competitive salaries starting from £42,000, comprehensive benefits including a generous pension scheme, private medical insurance, and ample holiday allowance, we empower our employees to thrive both personally and professionally. Our collaborative culture fosters strong relationships across teams, ensuring that every member feels valued and engaged in their role, making it an ideal place for those seeking meaningful and rewarding employment in the heart of Edinburgh, Birmingham, or London.
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Contact Detail:

Standard Life plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Derivatives & Collateral Onboarding Associate

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even reach out on LinkedIn. Building relationships can open doors that a CV just can't.

✨Ace the Informational Interview

Don’t be shy about asking for informational interviews. It’s a great way to learn more about the role and show your enthusiasm. Plus, it gives you a chance to make a personal connection with someone who might help you land the job.

✨Show Off Your Skills

Prepare to discuss your relevant experience and skills in detail during interviews. Use specific examples that highlight your expertise in derivatives and collateral onboarding. We want to see how you can add value to our team!

✨Apply Through Our Website

Make sure to apply through our website for the best chance of getting noticed. Tailor your application to reflect your understanding of the role and how you can contribute to our mission at Standard Life.

We think you need these skills to ace Derivatives & Collateral Onboarding Associate

Derivatives Knowledge
Collateral Onboarding
KYC and Due-Diligence Processes
Legal Documentation (ISDA, CSA, GMRA, CDEA)
Regulatory Requirements (EMIR)
Data Management
Stakeholder Management
Organisational Skills
Problem-Solving Skills
Communication Skills
Relationship Building
Attention to Detail
Analytical Skills
Operational Understanding

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Derivatives & Collateral Onboarding Associate role. Highlight relevant experience in derivatives and collateral onboarding, and don’t forget to mention any specific legal documentation you’ve worked with, like ISDA or GMRA.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your skills align with our commitment to putting customers first. Keep it concise but impactful!

Showcase Your Organisational Skills: Since this role requires strong organisational skills, make sure to highlight any experiences where you successfully managed multiple tasks or projects. We want to see how you prioritise and keep everything on track!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at Standard Life!

How to prepare for a job interview at Standard Life plc

✨Know Your Derivatives

Make sure you brush up on your knowledge of derivative products and the associated legal documentation like ISDA and CSA. Being able to discuss these confidently will show that you understand the core responsibilities of the role.

✨Showcase Your Organisational Skills

Prepare examples from your past experiences where you successfully managed multiple onboarding requests or stakeholder interactions. Highlighting your organisational skills will demonstrate your ability to prioritise tasks effectively in a fast-paced environment.

✨Build Rapport with Stakeholders

Think about how you can establish strong working relationships with both internal teams and external counterparties. Be ready to discuss strategies you've used in the past to communicate effectively and resolve queries, as this is crucial for the role.

✨Understand KYC and Regulatory Requirements

Familiarise yourself with KYC processes and the regulatory landscape surrounding derivatives. Being able to articulate your understanding of these requirements will show that you're prepared to handle the compliance aspects of the job.

Derivatives & Collateral Onboarding Associate
Standard Life plc

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