• Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • M&G Prudential
  • 2019-05-20

Fixed Income Controls Monitoring Analyst

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

Fixed Income Controls Monitoring Analyst

Working with M&G Prudential as a Fixed Income Controls Monitoring Analyst 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.

Due to the expansion of the 1 st line of defence capability a new position has been created in our Fixed Income Control Monitoring Team.

The role will ultimately cover Incident management, critical controls monitoring, management reporting, procedure review and process improvement.

There is an advisory aspect to the role in relation to projects and change initiatives , as well as extensive engagement with the other controls functions ( Risk / Compliance / Audit ) and the wider Controls and Assurance team.

Key Responsibilities

The Fixed Income Control Monitoring Team, as part of the first line of defence within the Fixed Income Front Office, are expected to conduct a number of key functions and controls, the most significant of which include:
  • Incident Management
    • Provision of incident management, including remediation , defining and tracking the preventative actions and long term control enhancements.
  • Critical Control Monitoring
    • Including, dealing and managing, conflicts, conduct etc,
  • Risk and Control Assessment
    • Review the documented risks, corresponding controls across the Front Office.
  • Conflicts of Interest
    • Monitoring Fixed Income conflicts of interest/conduct risks & ensuring adherence with TCF principles and policies. Maintenance of the Fixed Income conflicts of interest register
  • Control advice during projects/change
    • Provision of control environment advice in relation to change projects and/or reviews of the department (by non-front office staff, which could include clients).

To be successful in this role you'll:
  • Have experience of a Front Office environment, with emphasis on a good working knowledge of procedures, controls for dealing and managing funds.
  • Have experience in how incidents / risk events have been managed and reported (e.g. to clients).
  • Have experience in demonstrating an evidence-based approach (or audit-style approach) to monitoring all key front office activities with clear monthly reporting.
  • Ideally, have Front Office experience of market abuse and side-by-side monitoring in an asset manager.
  • Have strong attention to detail, evidence gathering from various systems will be required (e.g. Bloomberg, Aladdin, voice recording etc.)
  • Be able to flag unusual exceptions and agree mitigating actions with all relevant stakeholders.
  • Have a risk aware approach, with a controls mind-set. and an attention to detail
  • Have the ability to manage conflicts and resolve ambiguity in complex situations
  • Have a working understanding of the RCSA process, which would be an advantage

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.

Recruiter: Tom Hunt
Location: London
Closing Date: 31 May 2019