Security & Counterparty Contracts Administrator

2 weeks ago

London, Greater London, United Kingdom Howden Full time £25,000 - £40,000 per year

The Role

The Security and Counterparty Contracts Administrator is responsible for providing administrative support to other members of the Security & Counterparty team in relation to contracts that need reviewing and agency applications that need completing. They will assist with the creation, maintenance and integrity of the business records as requested by the Head of Security & Counterparty.

The successful candidate will ensure that responsibilities and agreed objectives are completed in accordance with the relevant Company and/or Group policies, and consistent with their assigned responsibilities.

Key Accountabilities:

Planning/Reporting

· Maintains records to produce metrics and updates measures to ensure their continued effectiveness

· Manages assigned projects and contributes to other projects as required

· Provides relevant management information to senior management

Technical

Works with more senior members of the team to develop their technical expertise in relation to Insurer Terms of Business Agreements and the provision of guidance to the Business Units

· Assists the business to complete Agency/Intermediary questionnaires and other on-boarding documents

· Works with members of the team to gather and utilise information contained within the Company systems and where applicable externally which is used for the monitoring of security and counterparties

· Keeps informed of all regulatory and legal changes which impacts on the job role

· Ensures up to date records are maintained at all times on the Company systems

· Responds appropriately to urgent issues as they arise

Policy, Process and Procedures

· Meets all competency requirements by undertaking training and following agreed principle, policies, processes and procedures

· Ensures accurate records are maintained and highlights any potential improvements in procedures to other members of the team

· Interprets instructions and issues arising, and then implement actions according to policies and procedures

Regulatory and Compliance:

· Ensures compliance with all applicable legal, fiscal and regulatory obligations in the form of policies and procedures

· Ensures correct authorisation is obtained and processes followed when required by the Operating Entity and/or Group

· Maintains accurate records and deal with correspondence appropriately

· Operates in an honest, professional and ethical manner

· Strictly adheres to the Group Employee Code of Conduct which strongly aligns to the FCA's code of conduct that all regulated entities must adhere to

· Completes all relevant regulatory training

Skills/Behaviours

· Legal experience

· Good written and oral communication skills.

· Logical approach

· Self-motivated

· Actively listens

· Analytical and problem solving skills

· Good planning, organisation, delivery and time management skills

· Able to prioritise effectively

· Ability to articulate complex concepts simply

· Keyboard skill

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