Risk Associate

2 weeks ago


Telford Shropshire, United Kingdom Phoenix Group Full time

25,000 + bonus, 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
Job Type:  Permanent, full time
Location: This role will be based from our Telford office, with time spent working in the office and at home. 
We have an incredible opportunity to join us here at Phoenix Group as a Cash Management & Oversight Associate  to join our Asset Management COO team.
There will be on-the-job training provided. 
Cash Management & Oversight is a key support function for the Asset Management Front Office. The team lead activities across the Phoenix custodial and operational account universe for policyholder, shareholder, ERIP and Operational bank accounts. Providing operational support to our internal Asset Management & middle office, while providing oversight of 3rd party Custodial & Investment Management relationships.
The Cash Management & Oversight Associate role will play an important role in overseeing and optimising cash management activities within the organisation. The position will involve monitoring cash balances, analysing and reporting on third party managed processes with a view of optimisation, and ensuring discrepancies are managed in an efficient & timely manner. Funding of AM Private Debt transactions
Managing shortfalls / surpluses within Treasury accounts
Supporting Daily Cash Management Operations – Supporting the teams’ daily deliverables, including running Cash Projections, liquidity monitoring and payment / trade processing on custodian systems. 
Oversee & Optimise Cash Management Activities - Important role in overseeing and optimising cash management activities within the organisation. 
Risk and Control – Adhere to all current processes and procedures to ensure the team maintains our high standards within the risk and control space. Internal – Front Office, Middle Office, Instructions Team, BPA team, Finance and Actuarial, I.Ability to follow current processes and controls and understand the risk factors
Some cash management experience either within an asset management or life insurance organisation, would be ideal but not essential
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. 



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