Senior Derivatives Onboarding Specialist

4 weeks ago


Toronto, Ontario, Canada Company 19 - John Hancock Life Insurance Company (U.S.A.) Full time

Job Summary

The Senior Derivatives Onboarding Analyst will play a critical role in the Global Derivatives Services team, responsible for the execution of best-practices in onboarding and broker relationship management. This individual will be accountable for the setup of derivatives trading, ensuring a governance structure is in place for the onboarding of new accounts trading derivatives.

Key Responsibilities

  • Receive and assess derivatives trading requests from Relationship Management, Product Management, and Portfolio Managers.
  • Facilitate the derivatives trading approval process and ensure that there is a governance structure around the onboarding of new accounts trading derivatives.
  • Maintain status dashboards of derivatives approval and onboarding requests.
  • Support Traders need for the best execution by setting up the full range of desired derivatives brokers.
  • Oversee the derivatives trading related onboarding functions for new accounts and new brokers.
  • Manage derivatives trading operational readiness within the Global Derivatives Services team, including middle office, operations, and collateral management.
  • Coordinate with Legal Services to ensure that proper legal agreements are put in place to support derivatives trading.
  • Ensure that all account, broker onboarding, and legal documentation is maintained.
  • Maintain an accurate and complete matrix of accounts, authorized derivative products, derivatives legal agreements, and active brokers.
  • Contribute to the successful management of external broker relationships.
  • Work with the Derivatives Solutions team to support the setup of technology to facilitate trading of new derivative product types.
  • Take ownership of side projects to clean up records and validate broker setups.
  • Contribute to the harmonization of the derivatives onboarding process with the Asia Derivatives Services team in Hong Kong.
  • Continuously evaluate, identify, and recommend practices and controls that will increase process efficiency and mitigate financial and operational risks.

About the Team

The Global Derivative Services team is responsible for managing nearly $300 billion notional (CAD) of derivative products across the world for the Life Insurance general account and Manulife Asset Management with offices in Boston, Toronto, Hong Kong, and Manila.

What We Offer

  • A competitive salary and benefits packages.
  • A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
  • A focus on growing your career path with us.
  • Flexible work policies and strong work-life balance.
  • Professional development and leadership opportunities.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States.



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