Investment Analyst

Investment Analyst

12months Fixed Term Contract

London Hybrid

Direct Line is evolving. Across every part of our business teams are embracing new opportunities and putting customers at the heart of everything they do. Whether youre already part of Direct Line or thinking about joining us youll have the chance not only to be recognised for your skills but also to build on them and be empowered to do your very best.

What youll be doing:

This is a front office role with responsibility for the Groups treasury activity including management of daily cash requirements execution of foreign exchange transactions and forecasting of liquidity needs over the following 12 months. The role also contributes to investment management of fixed income portfolios through production of credit research and analysis portfolio analysis and performance attribution. Compliance with risk limits and delivery against regular reporting requirements are key accountabilities. The role holder is also expected to display knowledge and understanding of macroeconomic and technical developments impacting financial markets.

• Responsible for identifying and managing the Groups daily cash funding requirements including extensive coordination to identify business operational cash needs and other payments such as debt coupons dividends intercompany settlements (2) investing or withdrawing cash from money market funds (MMFs) and (3) day to day relationship management with HSBC/ RBS (credit lines cash sweeps etc.) and MMF providers.

• Maintain a 12-month liquidity forecast to ensure that Group future funding requirements are identified and where necessary recommend corrective management actions to ensure the Group remains within liquidity risk appetite at all times.

• Contribute to management of investment portfolios including credit analysis and provision of supporting research to rates and credit investment strategy.

• Support the oversight of externally managed illiquid credit portfolios including production of quantitative credit analysis qualitative reviews and evaluation of initial investment proposals

• Monitor market developments and implications for the Direct Line investment portfolio including the preparation of a weekly market review ongoing monitoring of AFS reserves and input to the monthly management information reports.

• Responsibility for execution of approved FX spot and forward contracts (in line with Group policy and minimum standards).

• Collaborate with Risk Capital Management and Investor Relations to ensure a strong alignment of interests and understanding of investment and treasury activities and capital / risk limit utilisation. Assist with production of asset information for capital modelling Solvency II budget and forecasting and rating agency investment data requests.

Our hybrid model offers a best of both worlds approach. When youll be in the office depends on your role and team but we are working towards 50% time in the office for 2026.

What youll need:

• Minimum of 2:1 (or equivalent) degree in a numerate subject

• Good knowledge of capital markets and concepts particularly money markets and fixed interest

• Good analytical and data manipulation & interpretation skills including strong spreadsheet skills

• Good communication and presentation skills; ability to formulate and communicate coherent arguments

• Fast learner and willing to take the initiative

Benefits

We recognise we wouldnt be where we are today without our colleagues thats why we offer excellent benefits designed to suit your lifestyle:

9% employer contributed pension

50% off home motor and pet insurance plus free Green Flag breakdown cover

Additional optional Health and Dental insurance

EV car scheme

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Plus many more

We want everyone to get the most out of their time at Direct Line. Which is why weve looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best whatever that looks like and offering real choice flexibility and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. Theyre about recognising who you are and the life you live.

Be yourself

Direct Line is an equal opportunity employer and we think diversity of background and thinking is a big strength in our people. Were delighted to feature as one of the UKs Top 50 Inclusive Employers and are committed to making our business an inclusive place to work where everyone can be themselves and succeed in their careers.

We know youre more than a CV and the things that make you you are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process please speak to the recruitment team who will be happy to support you.

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