Derivatives Oversight Assistant Manager - 12 month FTC

London / Wythall

Salary: £54,000 - £81,000 + Car allowance + 20% bonus

Closing date: 23 May 2018 at midnight  

Reference: 3081  

Working pattern: Fixed Term  

Duration: 12 months  

This job is closed and is displayed for reference only. 

12-month Fixed Term Contract opportunity - London or South Birmingham
£54,000 - £81,000 + Car allowance + 20% bonus

This is a relatively new role within the Phoenix Group, where you can put your Financial Services expertise and your knowledge of derivatives and investments to great use.  You'll be helping to oversee the effective management of derivatives across the organisation, to ensure we're effectively mitigating the investment risks we face as part of our day-to-day operations and our longer-term strategy.

The Role:

Supporting the Derivatives and Investment Risk Manager within our Investment Office function, you'll have a wide range of responsibilities, including the oversight and annual review of our asset managers' derivative management activities, the provision of business input into legal agreements for OTC derivatives, and coordination with internal and external stakeholders to support the implementation of any new hedging strategies or investment mandates.  You may also find yourself supporting a range of other activities relating to investment management, collateral management and stock-lending.

You will quickly get up to speed with derivative usage across our Phoenix Life Companies, and you'll take a lead on ensuring any relevant regulatory updates are appropriately incorporated into our processes and policies.  The role comes with a strong focus on Risk Management, so you'll need to ensure the appropriate systems, controls and documentation are in place to support all of our work on derivatives.

What we're looking for:

You'll need a thorough understanding of the investment management market place, with a particular focus on how derivatives are used within the Insurance and Asset Management industries.  A detailed knowledge of the regulatory and legal landscape in which Financial Services companies operate is also important.

We're looking for someone with the initiative to formulate new ideas and the drive to see these through to completion, and as a strong communicator, you'll be comfortable with building effective relationships at all levels of the Phoenix Group and with external partners such as investment managers. 

If you think you have what it takes, we'd love to hear from you!

About us:

We're the UK's largest closed life assurance and pension fund consolidator; as a rapidly developing FTSE 250 listed company, we protect the interests of around 6 million policyholders, with assets under management of over £75 billion.  Careers with Phoenix Group are different; we've been certified as one of 'Britain's Top Employers' for seven years running, and we have a unique employee offering, including a strong corporate responsibility culture and some fantastic on-site facilities!  If you’re looking for intellectually challenging work in an unrivalled environment, we might just be the place for you! 

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Flexible working at Phoenix is: "A lifestyle that fuses your personal and professional life."

Phoenix believes in a culture of flexibility, depending on the role we may be able to offer working arrangements that suit your needs. In today's world of work / life challenges we recognise getting this right is important to our employees and the success of our business.

Examples of this may include but are not exclusive to the following:

Part Time: You would work less than full-time hours for the business, perhaps by working fewer days or hours per week.
Flexible hours: Still working your contracted hours, you would have flexibility to start and finish within agreed core working times.
Job Share: Where the role allows you would voluntarily share the duties of one full-time position with another colleague, splitting the hours on a pro-rata basis.
Home working: You would undertake some, or all, of your working duties from home or anywhere else other than the standard allocated place of work (including other Phoenix locations).

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