Asset Data Transformation Specialist Asset Data Transformation Specialist …

M&G plc.
in Stirling, Scotland, United Kingdom
Permanent, Full time
Be the first to apply
M&G plc.
in Stirling, Scotland, United Kingdom
Permanent, Full time
Be the first to apply
Asset Data Transformation Specialist
At M&G our vision is: to become the best loved and most successful savings and investment business and we're looking for people who are excited about joining us on our journey. We're digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we're looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

We know that an inclusive environment makes us more accessible and ensures we attract, engage, promote and retain exceptional people. We welcome applications from all individuals regardless of age, gender/gender identity, sexual orientation, ethnicity/nationality, disability, or military service and welcome those who have taken career breaks. We will consider flexible working arrangements or home working arrangements for any of our roles.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:
  • Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
  • Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
  • Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
  • Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

How do we support our employees:
All M&G plc employees will be supported in the workplace through our M&G Employee Assistance Programme (EAP). If you need counselling, confidential financial or legal advice. The service is available 24 hours a day, 365 days a year and offers access to qualified professionals who can provide specialist information, advice and support on many issues. It offers a broad range of services, including help with family issues, maintaining work/life balance and mental health support.

The team is responsible for managing pro-active relationships with the Asset Data Providers in order to collate and review the necessary Investment Data for population into the Asset Data Store. The data therein is used to report Asset QRTs for the PRA, as well providing additional asset data feeds to in-house teams for modelling and reporting purposes. The team also manage and maintain the Asset Data Store system ensuring controls are consistently applied and reflect all current regulatory requirements. From 2020 the team is also now responsible for the production of Asset Valuation Uncertainty and Independent Price Verification reports on a biannual basis.

The Role:
  • Lead the design of a new operating model to collate, review and control critical source data
  • Proactively support the related transformation activities of the UK Assets Team, co-ordinating workload, responsibilities and development targets.
  • Review, enhance and implement the necessary controls around data collation and reporting under a revised operating model.
  • Be the first point of contact for issue escalation both from the team and wider business stakeholders in relation to transformation activities
  • Work with our business units to ensure that data flows being developed are suitable to support risk and regulatory reporting and are actively and intelligently managed
  • Use vendor tools to support checking / analysis of investment data submission. Providing SME oversight to resolve data issues with our providers
  • Provide insight regarding monthly reporting to ensure that the data supporting the business meets expectations

Manager or Expert:
  • For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders
  • For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise
  • Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk
  • Manages conflicts that may impact delivery
  • Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture
  • Identifies and anticipates need for changes to continuously improve quality and efficiency of output
  • Manages resources and risks using expert judgment, know-how and experience

Key Responsibilities for this role:
  • To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G's operational risk.
  • Collection of data from key sources, ensuring accurate and up to date security information on the various systems.
  • Provide day to day support to the business teams ensuring that the appropriate controls are in place to support the developing data requirements of the business
  • Ensure that the end to end delivery of data is managed with key departments and the business.
  • Develop a full understanding of new instruments and markets
  • Work alongside reporting resources (including an offshore resource) to support the monthly / quarterly reporting process
  • Work with Risk, BU and Finance to manage initiatives to consolidate or improve the data services provided to the business
  • Investigate data issues and establish an appropriate resolution
  • Research and analyse data on behalf of the business utilising Bloomberg
  • Make any procedural enhancements and development of business processes
  • Analyse data completeness, accuracy and consistency levels, ensuring that these aspects of data quality are actively managed unrevised model arrangements.
  • Works with the business on an on-going basis to ensure new data quality requirements are captured
  • Ensure any significant data quality issues are escalated and managed effectively
  • Ensure that key risks regarding data are understood and controlled effectively

Key Knowledge, Skills & Experience:
Business Technical:
  • Strong data analysis skills
  • Advanced Excel Skills

  • Broad understanding of the investment industry
  • Broad understanding of investment products including derivatives
  • Insurance and regulatory framework especially Solvency II

Soft skills:
  • Clear and concise communicator
  • Ability to build and manage relationships with team members and stakeholders

Useful Additional Knowledge:

  • Knowledge of Markit EDM (Markit EDM)
  • Advanced Word
  • Ability to use basic SQL to investigate data

Relevant qualifications such as
  • Investment (IMC, IAQ)

Work Level: Manager / Expert
Recruiter Name: Shaima Nasim
Closing Date: 17.5.2021

We live by four behaviours at M&G and we ask all our employees to:
  • Inspire Others - Support and encourage each other, creating an environment where everyone can contribute and succeed
  • Embrace Change - Be open to change, willing to be challenged and able to adapt quickly and imaginatively to new ideas
  • Deliver Results - Focus on outcomes, set high standards and deliver with energy and determination
  • Keep it Simple - Cut through complexity and bureaucracy, be clear and decisive and never overcomplicate things
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