Actuary - Derivative Operations Specialist

1 month ago


London, Greater London, United Kingdom The Emerald Group Full time
Job Title: Actuary - Assets

The Emerald Group is seeking an experienced Actuary to join our team as an Actuary - Assets. In this role, you will be responsible for developing processes and procedures to ensure derivative operations are functioning within policy standards.

Key Responsibilities:
  • SME Support: Provide subject matter expertise for derivative risks and retained operations.
  • Derivative Operations: Ensure daily derivative operations are managed effectively and in line with market and regulatory deadlines and best practice.
  • Stakeholder Management: Proactively work with stakeholders and third-party providers to ensure all asset services activities are managed.
  • Collateral Management: Monitor and reconcile collateral positions with Investment Manager and Custodian, ensuring sufficient liquidity availability for daily margin calls.
  • Risk Management: Monitor derivative risks and ensure they are in line with Risk appetite.
  • Third-Party Management: Assist third parties with agreed retained services delivery for the respective service area.
  • Industry Knowledge: Have good experience in the asset management/investment industry.
  • Regulatory Knowledge: Have good knowledge and experience of the regulatory environment and industry awareness in the UK for life offices and working with the regulators.
  • Derivative Expertise: Have excellent derivative and/or investment background preferably within a Life Insurance company, Asset Manager or Consultancy.
  • Risk and Controls: Understand the key risk and controls needed for OTC derivatives.

This is an exciting opportunity to join a dynamic team and contribute to the success of The Emerald Group.



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