Lead Investment Manager, Portfolio Implementation; FTC​/Secondment

London, England, United Kingdom (Hybrid)

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Job Type: 6 months Secondment / FTC (paternity cover)
Location:This role will be based in our London office with some flexibility to work between the office and home. 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:from £80,000 FTE (pro-rated and subject to experience) + pro-rated bonus, 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!

We are pleased to announce an exciting new career opportunity for a Lead Investment Manager, to join the Portfolio Implementation team, within the RS&AM (Retirement Solutions & Asset Management) team. This role will be for 6 months duration, covering paternity leave.

We want to be the best place that any of our 6,600 colleagues have ever worked.
We’re Phoenix Group,we’realong-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, Sun Life, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us.

We’rea FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, andwe’renot done yet.

The role is part of the Portfolio Implementation team and has the purpose of ensuring that trading activity for shareholder and policyholder assets occurs within applicable targets, limits, constraints and governance. Furthermore, the role holder contributes to the development and maintenance of an effective, efficient and robust control framework to manage trading activity mitigating the risk of operational errors.

You will interact very closely and coordinate trade activities with a range of stakeholders involved in the portfolio management and implementation process, such as other teams in Phoenix Asset Management (AM), External Investment Managers (EIM), Treasury, Custodians, Risk Management, Finance and Actuarial.

• Trade Structuring/Planning - work alongside structuring and portfolio management teams to develop trade proposals and implementation plans considering operational requirements/limitations and the overall portfolio context.
• Trade Coordination - develop runbooks for trade execution with clear timelines, roles and responsibilities for involved stakeholders. Ensure trade implementation is aligned/coordinated with other activities, such as e.g. the pipeline for Bulk Annuity Transactions.
• Pre-Trade Compliance Checks - ensure appropriate checklists are implemented and maintained, capturing relevant governance, ensure investment guideline compliance and any other applicable considerations.
• Trade Approvals/Instructions - manage approval and instruction of transactions via the appropriate governance forums and individuals with delegated authority, ensuring adequate documentation and audit trails are maintained.
• Order Authorisation – reviewand authorise internal Aladdin order activity, ensuring pre-trade compliance assurance and adherence to prescribed ALM control environment.
• Post Trade Checks – together with Asset Management Middle Office validate trades are correctly executed and captured in data and systems.
• Portfolio Steering Processes – maintain and manage databases and monitoring reports for Strategic Asset Allocation and Investment Benchmark processes.
• Investment Policies and Guidelines – support the regular review of investment guidelines and policies to ensure they are up to date and reflect applicable practice and standards.
• Investment Mandates – manage and maintain investment mandate documents, ensuring parameters are aligned with targets, limits and requirements for underlying portfolios.
• Compliance Monitoring – provide interpretation guidance to mandate monitoring in codifying investment guidelines and mandate parameters in compliance monitoring systems.
• Portfolio Structure – collaborate with internal and external…