Transition Manager, Policy Holder Assets in London - Phoenix Group

Job Overview

London, England
Job Type
Full Time
Date Posted
3 days ago

Additional Details

Job ID
Job Views

Job Description

Salary:  60,000 - 70,000 + up to 32% bonus, private medical insurance, excellent pension scheme, life assurance, 38 days holiday (incl. BH) and plenty more work perks and benefits
Job Type:  Permanent
Job Contact:  0131 245 1000

We're pleased to announce an exciting new career opportunity for a Transition Manager to join the Policyholder Assets team in Asset Management (PAM). This will be a key role, responsbile for leading the Policyholder Assets transtion activities to ensure optimal customer outcomes are achieved, mananged and controlled when policyholder assets are moved between managers, funds and structures.Who are we?We want to be the best place that any of our colleagues have ever worked. We are the UK’s largest long-term savings and retirement business with c.13 million customers and c.300 billion of assets under administration. As a market leader and FTSE100 organisation, we understand that our scale and expertise means that we have a key role to play for our customers, colleagues and our communities to help as many people as possible secure a life of possibilities. We are tackling key environmental and social issues such as transitioning our portfolio to net zero by 2050 – but we’re not done yet.  We’ve seen huge growth and change, and this means there is enormous opportunity for our 7,000 colleagues to grow alongside us. Flexible working You can expect to work in a hybrid manner with time spent working in the office and at home. We believe that work/life balance offers benefits for customers as well as ensuring that you can balance a successful career with your life outside of work. We will discuss flexibility, what is important to you and balancing this with business requirements during the recruitment process.We want to hire the whole version of you.We are committed to ensuring that everyone feels accepted and safe at work, and are proud to be an equal opportunity employer.  Everyone is valued at Phoenix regardless of age, gender identity, neurodiversity, race, sexual orientation, religion, ethnicity, socioeconomic background or anything else. Whether it’s joining one of our internal employee networks, being an ally, taking positive action or simply being there to listen, everyone at Phoenix is valued and respected.If you need any help or adjustments to the recruitment process due to health, disability or anything else, please let us know so we can help you to be the best version of yourself.Key responsibilitiesStrategy development of transition events through the detailed analysis of portfolio attributes. Management and recommendation of strategy in all stages of a transition proposal. This is accomplished through the use of risk models, optimization systems and other trade analytics systems. Research implementation costs associated with various strategies and implement the most cost-effective strategy.Coordinate implementation with Middle Office, external asset managers and Investment Operations teams on behalf of policyholder assets teamDecision making on trading techniques and timelines that protect members and shareholdersPreparation of pre-trade analyses to assess trade liquidity and portfolio risksFormulation of trading and hedging strategies that best reduce the trade costs and minimizes portfolio riskLiaising with the trading desk to implement the trading and hedging strategiesPreparation of post trade analyses to determine and evidence the effectiveness of the trade implementationWhat we're ideally looking forQualificationsCFA/SIE (desirable)Degree level preferredinvestment qualifications desiredExperience / Personal AttributesUnderstanding of asset classes across equities, fixed income and alternatives (illiquids) and the drivers of cost of trading these asset classesUnderstanding of the technqiues and strategies to transiton asset portfolios effectivelyStrong stakeholder management with exposure at Senior Management level Significant asset management product knowledgeBroad understanding of legal, tax and regulatory environmentActs on own initiative, able to make logical decisions and formulate judgements.Able to develop and maintain communication and relationships at all levels of the Group across different business channelsWhy choose us? Bring your ‘whole self’, skills and dedication to the Phoenix Group and we’ll recognise your effort, support your development and help to drive your ambition. We’ll ensure you’re rewarded for your contribution with a competitive package that includes an attractive pension, annual bonus potential, private medical insurance, generous holiday entitlement, enhanced maternity and adoption leave and a range of other financial services and lifestyle flexible benefits.


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