Threshold Positions Monitoring Specialist - Edinburgh, United Kingdom - Phoenix Group

Phoenix Group

Verified Company

Edinburgh, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Type:12 month FTC

Hiring Manager:
Head of Asset Management Portfolio & Regulatory Compliance

Location:

This role will be based in either of our Phoenix office locations - Wythall / London / Edinburgh, with time spent travelling between our Phoenix offices.

Please also read about
Phoenix Flex here

We have an incredible opportunity here at Phoenix Group as a
Threshold Positions Monitoring Specialist to join our Line 1 Asset Management Portfolio Compliance Team on a 12 months Fixed Term Contract basis.

Who are we?
We want to be the best place that any of our 7,800 colleagues have ever worked.

We're the UK's largest long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us.

We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.

Role Context

The Threshold Positions Monitoring Specialist is a key role within the AM Portfolio Compliance team, which is part of the Phoenix Asset Management's Business Control and Governance (BC&G) function.

Established within Line 1, the team is responsible for delivering compliance support capability to assist Phoenix Group's exciting investment strategy.

You will work alongside the Head of AM Portfolio Compliance and other functions within Phoenix Asset Management stakeholders (including the Projects Teams, Front Office, Middle Office, Operations, Business Control & Governance); Phoenix Group stakeholders (including AM Compliance, Operational Risk, Legal) and external third parties, in developing, implementing and maintaining an efficient and secure Line 1 regulatory compliant framework.

Key Responsibilities

Threshold Reporting Project Implementation

Act as a SME for Threshold Positions Monitoring Project Implementation
Support Project Managers and other internal and external stakeholders, including suppliers, in execution of design, solution and build of Threshold Positions Monitoring framework
Attendance at key Project / Committee Forums, and ability to act as delegate for Head Portfolio Compliance (where required)
Ensure compliance with established limits and guidelines through integration of legal advice
Effectively manage and organize large sets of information and investment data related to threshold positions to ensure accuracy and integrity of data for reporting purposes.
Identify trends, anomalies, and potential risks.
Establish To Be processes, procedures, controls and policies
Development of KPIs and MI and comprehensive reporting to relevant stakeholders.
Support in delivery of required training
Development of testscripts pre golive

Undertake BAU activities when platform operational

Supporting review of and / or submitting disclosures to regulators
Updating the operating model for regulatory changes advised by the platform
The role is expected to have frequent engagement with the Projects Team, IT, Data Governance, Line 2 AM Compliance; attend various committees and support the team where required to provide reporting to key Phoenix AM committees.

What we're looking for

Experience

The following experience is essential to the role
Skilled Threshold Reporting experience and in particular operational activities related to monitoring and reporting of positions related to Takeover Panel, DTR, Short-Selling, Sensitive Industries
Line 1 Governance or Control. Line 2 Risk or Compliance, Legal experience in the investment industry, either within a standalone asset manager or inhouse asset manager
Effective in management and organization in large sets of investment data
Expected knowledge of financial instruments across asset classes, including equity, fixed income and derivative instruments
Experience in interpreting legal document language
Engaging with Assurance functions
Regulatory engagement and / or regulatory submissions
Experience of other forms of trade and transaction reporting is desirable but not essential.

Personal Attributes & Skills

Good communication skills; ability to communicate complex issues in a clear and concise fashion
Good analytical skills with ability to interpret and relay large quantity of data
Ability to build strong and reliable relationships of trust with internal and external stakeholders.
Ability to assign priorities to multiple activities while ensuring integrity, accuracy, and timeliness
Enthusiastic and positive approach, taking pride in output
Team player who is solutions driven
Proficient use of MS Excel, Word, PowerPoint

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 t