Middle office

• Lead the validation of trade instructions’ execution with third parties and internal investment team

• Build and leverage third party relationships, including oversight of third parties – custody, asset managers and banks

• Oversee the validation and settlement of investment fee with third parties.

• Manage the accuracy of information flowing to the Datawarehouse/ inputs to actuarial/finance processes

Liquidity management

• Lead the risk, framework and policy for short term liquidity

• Devise tools for managing liquidity including the active deployment of excess liquidity into appropriate return yielding investments

• Oversee the production of MI at MAP, NMAP, legal entity and Group level regarding cash and liquidity, including cash flow forecasts and PRA Reports as required

• Ensure that liquidity risk is managed in accordance with the Group Short-term Liquidity Policy and Liquidity Stress Testing is conducted on a regular basis

• Ensure that all liquidity requirements are escalated and actioned on a timely basis.

Collateral management & settlements

• Manage and report on derivative and reinsurance collateral, including execution of  instructions for collateral moves, requesting counterparties to post collateral on timely basis

• Relationships with third parties, relationships with third parties

• Generate accounting records, reports and disclosures on collateral, including reporting on collateral adequacy.

Investment accounting

• Lead the generation of accounting records and analyses of movements for portfolio of invested assets.

• Develop and operate external debt operational accounting & reporting processes

• Report on IFRS, Solvency II and other regulatory & statistical reporting

• Manage independent price verification of publicly traded invested assets.

Transaction support

• Supervise the provision of regular transaction support e.g. onboarding of new asset manager, asset class or in specie asset transfer or charge process

• Large transaction support including input on structuring, collateral management etc.

Complex asset valuation

• Supervise and drive the asset and derivative modelling requirements of the TMS, including recommendation of key judgments and assumptions.

TMS implementation and optimisation

• Drive the implementation of changes, embedding of controls and training of teams

• Drive operating model considerations