Job Description
We have an incredible opportunity to join us here at Phoenix Group as an MI & Governance Analyst to join ourOperations Team in the Asset Management COO function. This role would suit someone who is looking to progress their career in risk and governance, and has a data-driven approach. Training will be provided.
Job Type: Permanent
Location: This is a hybrid role, and will be based in either one of our Telford / Edinburgh / Wythall offices, with some time working between the office (3 days per week) and home. There may be some travel between our Phoenix offices. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.
Salary and Benefits: £30,000 – £40,000 (subject to experience) + bonus (pro-rated), 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 want to be the best place that any of our 6,800 colleagues have ever worked.
We’re the UK’s largest long-term savings and retirement business. We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration. 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.
The Team
Asset Management (“AM”) Operations is a key support function for various stakeholders within AM and beyond. It has wide-ranging accountability ensuring operational control of investment activities, supporting the Group and AM Governance framework and delivery of investment reporting. The core services provided by the wider team include coordination of Middle office activities, daily trade and position reconciliations, trade settlement, cash management, collateral management and other ancillary administrative services, with an initial focus predominantly on Fixed Income Bond and Derivative activity for shareholder and policyholder assets managed under external mandates.
The Role
This is an exciting opportunity for an individual with a proactive attitude and keen eye for detail to play a collaborative role supporting part of Asset Management within the Phoenix Group, where versatility and resilience are essential to ensure the success of the team. This role would suit someone who is looking to progress their career in risk and governance, and has a data-driven approach. Training will be provided.
The MI & Governance Analyst role has wide-ranging duties to support the timely and accurate delivery of Management Information (MI), and help to ensure that Risk & Governance and Business Control requirements are met across the team, supporting the collation of operational data and developing the skills to become a champion for ensuring that organisational Risk & Control standards are met and exceeded.
Reporting to the AM Operations Business Manager and liaising with the Head of AM Operations, the role will support the monthly delivery of MI to varied stakeholders including the Senior Leadership team. The role will also support the aspiration to build and produce real-time MI via automation, utilising technology to build a streamlined and reliable process.
The position will have links to the Business Control team to ensure that our Risk & Control framework, including management of controls, incidents and EUCs, is regularly reviewed and systems are maintained within the rules and framework prescribed by Risk & Governance.
Key Responsibilities
MI & Governance
- Interaction with Business Control and Governance on all policies, framework and deliverables to ensure they are being adhered to.
- Maintaining and regularly reviewing a Risk & Control library and framework for AM Operations, collaborating with all Operations leads, building an understanding of the end-to-end operational processes and the risks associated.
- Support the AM Operations Management team with review of Audit / Action Plans / Risk reports, documenting and tracking the actions from these.
- Following Business Control processes to support the completion of Quarterly RCSA and EUC attestations.
- Coordinating the delivery of monthly MI pack to document key achievements, project process, Automation/IT improvements, recruitment and Risk & Controls.
Support
- Contribution towards the successful reporting and tracking the key deliverables of the AM Operations function.
- Support and implement activities to continuously improve delivery.
- Follow documented business processes, contributing to enhancing the documentation, controls and oversight framework on an ongoing basis.
- High regard for accuracy, understanding the importance of actions and data being accurate, timely and to a high standard.
- Supporting the AM Operations team and wider business with ad-hoc queries, particularly in respect of governance and MI data.
What we're looking for
Experience (preferred, but not essential)
- Some experience of working in a Financial Services organisation, preferably in Asset Management
- Interested in data and proficient Excel capability (Intermediate level)
- Experience in utilising Power BI for real-time data
- Some knowledge of end-to-end investment operating models, and downstream consumers / value chain would be ideal
Personal Attributes
- Self-starter and independent worker with strong sense of ownership, capable of delivering, driving and shaping results and to meet deadlines under pressure
- Agility and vision to adapt processes in an ever-changing environment with a focus on continuous improvement
- Good communication skills, with the ability to collaborate across a wide range of stakeholders and maintaining effective relationships Strong attention to detail and high level of accuracy
- Ability to follow current processes and controls and understand the risk factors.
- Proactive and adaptive within a constant changing environment.
Skills
- Good Analytical and problem-solving skills
- Ability to work to tight timescales within a high energy team environment
- Very good skills in preparing well structured, clean and consistent reporting output
- Ability to work within a team
- Good communication skills
- Ability to pro-actively challenge processes and raise control concerns, as well as contribute to mitigation.
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.
