Collateral Specialist, Asset Management

4 days ago


Telford, Telford and Wrekin, United Kingdom Phoenix Group Holdings Full time
About the Role

We are seeking an experienced Collateral Specialist to join our Asset Management team. As a key member of our Middle Office function, you will play a critical role in ensuring the operational control of risk management activities and supporting the Group and AM governance framework.

Key Responsibilities
  • Collateral Oversight: Ensure that collateral operational activities are completed and provide ownership to resolve any outstanding issues.
  • Escalation Point: Be the escalation point for collateral disputes and queries.
  • Onboarding New Systems: Work with our third-party providers to onboard new system capability and set up internal processes to utilize the tools available.
  • Risk and Control: Develop processes and procedures to ensure our collateral operations are functioning within our policy standards.
  • Securities Lending Activities: Oversight of securities lending activities.
  • Regulatory Requirements: Support the business in meeting regulatory requirements.
  • Collateral Agreements: Support onboarding of new collateral agreements (GMRA / ISDA / CSA / CSD).
  • Business Integration: Support integration of new business lines emanating from closed book acquisitions, open book, and BPA activity.
  • Derivatives and CSA Structures: Core understanding of derivatives and CSA structures.
  • UMR and Regulatory Initial Margin: An understanding of UMR and the implications of Regulatory Initial Margin.
  • Key Relationships: Manage key relationships with internal functions and external parties.
Requirements
  • Self-starter and independent worker with strong sense of ownership, capable of delivering, driving and shaping results and to meet deadlines under pressure.
  • Diligent working style with attention to detail and high standards for quality.
  • Excellent analytical and problem-solving skills with holistic financial thinking.
  • Excellent organisational and project management skills.
  • Very good skills in preparing well-structured, clean, consistent and client-focused presentations and management information reports.
  • Agility and vision to adapt processes in an ever-changing environment.
  • Good communication skills, with the ability to collaborate across a wide range of stakeholders and maintaining effective relationships.
  • Proficient use of MS Excel, Word, PowerPoint and ideally the Aladdin platform.
About Us

We are the UK's largest long-term savings and retirement business, with a range of products across our market-leading brands. We are committed to ensuring that everyone feels accepted and welcome, and we are an equal opportunities employer.

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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