- 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 test-scripts pre go-live
- 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.
- 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 stand-alone asset manager or in-house 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.
- 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
Threshold Positions Monitoring Specialist, Asset Management - Edinburgh, United Kingdom - Phoenix Group Holdings
Description
Salary & Benefits: £80,000 – £90,000 base (subject to experience)+ asset management bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays, plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
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
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.
We are seeking a skilled Threshold Positions Monitoring Specialist to join our dynamic team. In this role, you will play a crucial part in implementation of a platform to support Asset Management in its monitoring and reporting of positions for regulatory compliance, with a focus on Threshold Positions requirements including Takeover Panel, Disclosure & Transparency Requirements (DTR), Sensitive Industries, Short-Selling). The ideal candidate possesses a strong analytical mindset, attention to detail, and proficiency in investment reporting systems.
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
Undertake BAU activities when platform operational
What we're looking for
Experience
Personal Attributes & Skills
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.