Just
Job title:
Director of Investment Operations & Reporting
Company
Just
Job description
At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.About the roleWe are looking for a Director of Investment Operations and Reporting to lead the investment operations and reporting teams assuming accountability for its outcomes (including, planning, prioritization and execution), providing leadership, interfacing/ partnering with other business areas, driving delivery of significant change & improvements and contributing to the overall growth of the organisation.You will be responsible for driving BAU, change and improvements across Middle Office, Back office, short term liquidity risk management and collateral management. As well as overseeing the Treasury Management System (“TMS”) – Quantum.ResponsibilitiesMiddle officeLead the validation of trade instructions’ execution with third parties and internal investment teamBuild and leverage third party relationships, including oversight of third parties – custody, asset managers and banksOversee the validation and settlement of investment fee with third parties.Manage the accuracy of information flowing to the Datawarehouse/ inputs to actuarial/finance processesLiquidity managementLead the risk, framework and policy for short term liquidityDevise tools for managing liquidity including the active deployment of excess liquidity into appropriate return yielding investmentsOversee the production of MI at MAP, NMAP, legal entity and Group level regarding cash and liquidity, including cash flow forecasts and PRA Reports as requiredEnsure that liquidity risk is managed in accordance with the Group Short-term Liquidity Policy and Liquidity Stress Testing is conducted on a regular basisEnsure that all liquidity requirements are escalated and actioned on a timely basis.Collateral management & settlementsManage and report on derivative and reinsurance collateral, including execution of instructions for collateral moves, requesting counterparties to post collateral on timely basisRelationships with third parties, relationships with third partiesGenerate accounting records, reports and disclosures on collateral, including reporting on collateral adequacy.Investment accountingLead the generation of accounting records and analyses of movements for portfolio of invested assets.Develop and operate external debt operational accounting & reporting processesReport on IFRS, Solvency II and other regulatory & statistical reportingManage independent price verification of publicly traded invested assets.Transaction supportSupervise the provision of regular transaction support e.g. onboarding of new asset manager, asset class or in specie asset transfer or charge processLarge transaction support including input on structuring, collateral management etc.Complex asset valuationSupervise and drive the asset and derivative modelling requirements of the TMS, including recommendation of key judgments and assumptions.TMS implementation and optimisationDrive the implementation of changes, embedding of controls and training of teamsDrive operating model considerationsSupervision of relevant outsource supplier relationshipsRelevant suppliers include financial institutions, assets managers, custodians, asset servicers and pricing servicesEnsure compliance with Group Outsourcing PolicyTeam managementBe a proactive member of the Just Group plc leadership team working collaboratively across the business.Build a high performing team improving skills, capabilities and fully leveraging the treasury system functionalitiesEnsure that Risk Sword / OneSumX is properly maintained and actioned for risks, controls and incidentsCommitteesRuns or attends key governance committees including ALCO, Matching Adjustment Committee, Credit Committee and Complex Assets Valuation CommitteeSkills and ExperienceExperience leading middle and back office investment activities in a complex financial services environment (ideally, life insurance)Strong understanding of life insurance organisation’s balance sheet management and drivers of performanceShort/ Medium term liquidity risk management exposureAccounting or actuarial qualification is essentialTreasury or investment qualification is desirableAbility to identify and solve complex operational and functional problemsAbility to influence and persuade colleagues up to senior levels, applying strong negotiation skills.Company BenefitsA Competitive Salary, Pension Scheme and Life AssuranceAlong with 25 Days Annual Leave plus an Additional Day on us for your BirthdayPrivate Medical Cover and Income Protection, just in caseA generous and highly achievable bonus scheme – paid annually based on individual and company performance against targetsOpportunity to progress within your career both in-role and within the companyFREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)A variety of Employee Funded Benefits available to you via our Online Benefits PortalPlus, several additional purchase options available for you and your loved onesAbout UsWe’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.How people work, save, and plan for the future is all changing. A new generation of retirees needs a new kind of retirement company. A company who will look for new ways of doing things – and will always put the customer first.That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement. And with you on our team, we’re going to make sure they get it.We’ve built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can make sure we play our part in addressing the wider issues facing the planet and leave a positive legacy to the world. You can read more about our sustainability strategy .Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is the right thing to do. It’s also the most effective way to succeed, innovate and better serve our customers now and in the future. We are committed to our targets on gender and ethnicity and run a number of successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds. We have multiple active employee network groups which champion issues including gender, ethnicity, sexual orientation, disability and neurodiversity. You can read more about our DE&I strategy and commitments .What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly – each other. We look forward to welcoming you to the team soon.
Expected salary
Location
London
Job date
Thu, 05 Dec 2024 01:48:56 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (un-jobs.net) you saw this job posting.