Middle Office Private Markets Credit Associate, Asset Management

Starr Underwriting; City of Edinburgh; Hybrid; GBP 30,000 - 40,000; Full time

Job summary

A prominent role at a leading asset management firm, the Private Markets Credit Associate will oversee investment reporting and lifecycle management. The position requires strong analytical and communication skills and offers a dynamic working environment in Edinburgh.

Benefits

Excellent pension scheme

Private medical insurance

38 days holiday (pro-rated)

Income protection

Electric vehicle scheme

Life assurance

Career breaks

Volunteering days

Qualifications

• Strong analytical experience in asset management.
• Ability to communicate effectively with stakeholders.
• Proven organizational and project management abilities.

Responsibilities

• Support Middle Office & Trade Life Cycle activities.
• Ensure accurate and timely investment reporting.
• Collaborate on process improvements within the operating model.

Skills

Data analytical skills

Excel

Power BI

SQL

VBA

Communication skills

Organisational skills

Problem-solving skills

Education

University Degree or similar qualification

Job description

Job Description

We are pleased to announce an incredible opportunity to join us here at Phoenix Group as a Private Markets Credit Associate to join our Middle Office team, part of the Asset Management function.

Job Type: Permanent

Location: This role will be based in either our Edinburgh / London office, with some time working between the office and home. There will be some travel between our Phoenix offices. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about Phoenix Flex here.

Salary and Benefits: £30,000 – 40,000 (subject to experience) + bonus (pro-rated), excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays (pro-rated), plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more!

Who are we?

We want to be the best place that any of our 6,600 colleagues have ever worked.

We’re Phoenix Group, we’re a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We’re a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we’re not done yet.

The Role

Reporting directly to the Private Markets Credit Team Leader, the role involves investment reporting and post trade lifecycle management across the Shareholder portfolio currently managed under external and internal mandates. We provide dedicated product support for the various Front Office functions, including Markets & Products, and the Private Markets Credit team on trade execution and post trade lifecycle activities. Additionally, supporting Portfolio Implementation and Manager Oversight on a day-to-day basis, providing key operational input and guidance.

A key focus of this role will be to ensure accurate and timely capture and reporting of investments through internal systems requiring coordination of activities amongst internal functions and key outsourced service providers (see below). In particular, the role will require continued build out and support in overseeing services provided by BlackRock Solutions via the Aladdin suite of products.

The role will also span to focus on process improvement and operating model enhancements to achieve industry leading systems and controls across asset and fund classes. Concentration required in implementing and documenting processes enhancing the control framework within MO.

Key Responsibilities

• Support Middle Office & Trade Life Cycle activities across multiple assets classes
• Ensure tasks are performed and completed within the timelines set.
• Support trade capture into internal reporting systems (InVista and Blackrock Aladdin) and downstream feed to Third Party Administrators (TPA) and Risk systems
• Review of post trade investment activities amongst internal functions
• Review of post trade investment activities amongst external parties: External Portfolio Manager’s, HSBC Security Services (TPA), JPMorgan Chase, HSBC, and BlackRock Solutions
• Collaborate with other Middle Office functions
• Develop an understanding of key functional processes and controls in line with internal policies, good market practice, and regulatory guidelines
  
  

What are we looking for?

Personal Attributes & Skills

• Diligent working style with attention to detail, and takes accountability for delivering quality, high standard work
• Agility and vision to adapt processes in an ever-changing environment
• Self-starter and independent worker with strong sense of ownership, capable of delivering, driving and shaping results and to meet deadlines under pressure
  
  

Experience / Skills

Essential (minimum criteria)

• Strong data analytical skills – Power BI, SQL, VBA preferred. Demonstrated Excel skills (Intermediate level) required
• Asset Management experience in a Middle or Back Office function or Financial Services industry experience is preferred
• Good communication skills, with the ability to collaborate across a wide range of internal and external stakeholders and maintaining effective relationships
• Excellent organisational, prioritisation and project management skills
• Excellent analytical and problem-solving skills with holistic financial thinking
  
  

Qualifications

• Ideally holds University Degree or similar qualification
  
  

We Want To Hire The Whole Version Of You.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

Find out more about

• Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
• Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us