Senior Analyst - Collateral Oversight
Senior Analyst - Collateral Oversight
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Job Description
Were recruiting for aSenior Collateral Analyst to join our team in London on a 12 month fixed term contract. In this role you will complete all retained derivative operations activities covering Collateral Management and Derivatives Trade Processing (ETD & OTC Bilateral & Cleared) in line with internal and external market deadlines policies procedures and controls in conjunction with outsourced service provider to support L&G Asset Managements global trading activities and client service delivery.
The primary function of the Derivative Operations function is to ensure all retained services (incl. Collateral Management and Derivative Trade Processing) and outsourced activities is effective managed and processed accordance with market deadlines and industry best practise ensuring adherence to regulatory requirements and quality control.
What youll be doing
- Completing daily derivative operations retained services/tasks (including Collateral Management and Derivative Trade Processing) effectively and in line with market and regulatory deadlines
- Proactively working with Asset Management stakeholders outsource providers and 3rd Parties (Brokers Custodians Fund Accountants Vendors) ensuring all asset services activities are managed
- Working in partnership and collaboration with team members and outsourced provider to ensure daily tasks are completed in line with agreed service standards and deadlines (including accuracy timeliness and client service measures)
- Assisting the outsource provider with agreed retained services delivery for the respective service area
- Taking proactive ownership and investigating queries/issues that may arise escalating and reporting any inconsistencies to supervisor or manager in a timely manner
- Proactively identifying control weaknesses relating to derivative operations services operating model and recommending and implementing procedural and process changes in partnership with team members manager and outsourced provider where applicable
- Ensuring end-to-end understanding of all operational tasks and how they relate and impact all processes. Ensuring standard ways of working are applied consistently
- Creating procedures that reflect process policies and any workflows needed to support the asset services process and activities for retained and outsourced services
- Managing operational risk and issues within the team and outsourced provider regularly reviewing and identifying further opportunities for risk mitigation; ensuring all functional procedures are in line with policies and regulatory requirements. Promptly and clearly articulating and informing senior management and stakeholders
Qualifications :
Who were looking for:
- Demonstrated experience of the asset management industry/experience relevant to role and activities performed
- Knowledge of Bilateral & Cleared Collateral processes and subject matter is highly preferred
- Experience collating and analysing performance data for Collateral Management
- Knowledge of Collateral regulatory programs including UMR
- Client focussed and able to liaise with all levels of seniority internally and externally
- Strong knowledge in the outsourced service area covering operational service delivery knowledge and client expectations
Whatever your role we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- At least 25 days holiday plus public holidays 26 days after 2 years service. Theres also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
- There are the many discounts we offer both for our own products and at a range of high street stores and online
- In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information :
At L&G we believe its possible to generate positive returns today while helping to build a better future for all.
If you join us youll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time term-time and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can.
It doesnt matter if you dont meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths potential and connection to our purpose.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
