• Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • M&G Prudential
  • 2019-04-20

FTC Broker Relationship Manager

  • Full time
  • London, England, United Kingdom
  • 20 Apr 19

FTC Broker Relationship Manager

Working with M&G Prudential as a Broker Relationship Manager means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.

The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.

If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.

We are currently looking for a FTC hire to join the Broker Relationship Team which services all asset classes within M&G. The team's primary responsibility is the acquisition of research and management of the processes around that. The role is a demanding one requiring communication, coordination and cooperation with multiple business areas within the organisation.

Operational Responsibilities
  • To assist the Head of Broker Relationships in managing the research contract requirements including negotiations and preparation of contracts.
  • To assist in managing the quarterly research review process including pre-preparation, assistance for fund managers attendance at team meetings and output to counterparties.
  • To deputise for the Head of Broker Relationships
  • Respond to questions from investment professionals
  • Assist in developing the fixed income processes relating to research including processing interaction data.
  • To request and collect data from the sell side counterparties and perform analysis as requested.
  • Maintain Procedures and Policy relating to the research. Individuals will be required to produce and maintain how to guides for the core function of their role
  • Manage trial periods
  • Manage entitlement requests
  • Understand the operational challenges faced within Front Office and work with senior management to improve key controls, ensuring risks are understood and processes are appropriately implemented.
  • Close liaison with Compliance and Risk and FCC, particularly around research and inducements, corporate access and gifts and hospitality
  • Ad hoc support for Head of Broker Relationships
  • Good knowledge of the MIFID II rules relating to research

Requirements and Experience
  • Experienced in broker relations activities and research procurement
  • An understanding of investment products and the asset management industry.
  • Good communication skills, both written and verbal, and able to liaise effectively with personnel at all levels.
  • Strong analytical background
  • PC literate. Good Excel skills
  • Numerate, logical and analytical approach, with a mathematical discipline at A-level/degree.
  • Able to work effectively under pressure, to tight deadlines with a high level of accuracy and attention to detail.
  • M&G is an equal opportunities employer and welcomes applications from a diverse background

This FTC role is 12-15 months.

People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&G Prudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.

M&G Prudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.