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Phoenix Group

Life insurance group managing heritage books

Liquidity and Collateral Specialist

TreasuryConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Strong knowledge of over-the-counter derivatives and collateral models, including cleared, over-the-counter, and exchange-traded derivatives/futures and options.
  • A good understanding of the trade lifecycle across fixed income and derivatives.
  • Experience using complex data and analysis to support regulatory reporting and/or senior-level management information.

Responsibilities

  • Analyse collateral balances, margin requirements, and liquidity positions; identify material movements and help stakeholders understand their drivers.
  • Oversee activity associated with the Standard Life Longbox model and support the effective use of eligible assets and collateral pools.
  • Contribute to change initiatives that enhance reporting, operational controls, and the wider operating model.
  • Understand the operational impact of regulatory developments and support liquidity-related regulatory reporting.
  • Support integration of new activity arising from closed-book acquisitions, open-book business, and bulk purchase annuity business.
  • Produce high-quality management information and communicate material liquidity and collateral impacts clearly to stakeholders.
  • Investigate material movements and regulatory reporting queries, translate complex information into clear insight, and ensure significant impacts are understood, communicated, and escalated appropriately.
  • Challenge and help evolve the collateral and liquidity framework and operating model.

Desired Qualifications

  • Confidence investigating, challenging, and communicating what the data is telling you.
  • A proactive approach and appetite to help shape and improve an evolving and transforming area of the business.

About the Company

Phoenix Group

Life insurance group managing heritage books

Phoenix Group handles both ongoing and closed life insurance and pensions businesses. Its open brands include SunLife and Standard Life, while its core strength lies in managing heritage (closed) books of business that are no longer open to new customers, providing administration and policy servicing for those portfolios. The company operates offices across the UK and has activities in Dublin and Frankfurt, giving it a broad geographic footprint. Its approach centers on maintaining long-standing policies and ensuring reliable service for customers, with a strong emphasis on being a good employer and community partner. Distinguishing factors include specialized expertise in closed books, scale across multiple markets, and a reputation as a top employer. The main goal is to look after colleagues, customers, and communities while delivering value from both open and heritage life and pension book administration.

Company size
51-200
Company stage
IPO
Headquarters
Abu Dhabi, United Arab Emirates
Founded
1782

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