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Insight Investment is a leading asset manager focused on designing investment solutions to meet its clients’ needs.
Founded in 2002, Insight’s collaborative approach has delivered both investment performance and growth in assets under management. Insight manages assets across its core liability-driven investment, risk management, full-spectrum fixed income, currency and absolute return capabilities.
Insight Investment is owned by BNY Mellon, a global leader in investment management and investment services.
Insight has a clear mission and purpose to offer investors a different approach to achieving their investment goals; one that prioritises the certainty of meeting their chosen objectives in contrast to the traditional focus on maximising return and minimising volatility.
Insight takes responsible investment seriously. In our view, it is as an essential part of deciding whether an investment is fair value. Insight is a signatory to the Financial Reporting Council’s UK Stewardship Code4 and a founding signatory to the UN-supported Principles for Responsible Investment (PRI) in 2006.
Insight has a global network of operations in the UK, Ireland, Germany, US, Japan and Australia.
Department profile
The Operations Division is responsible for the global operational activities of Insight Investment, which incorporates the following functions:
- Operations
- Technology
- Business Change
- Corporate Services
- Cyber Security
- US Region
Operations
The Operations department provides middle and back office operational services to both internal and external clients. We partner closely with our Investment Operations Outsourcing (“IOO”) partner, Northern Trust, to deliver these services.
Specific functions include
- Pooled Fund Operations: oversight of third-party fund administrators and transfer agencies
- Investment Operations:
- Derivatives Operations (over-the counter (OTC) derivative trade and collateral management)
- Market Operations (cash management, corporate actions, general transactional support)
- Regulatory and Trade Reporting (reporting to clients, consultants and regulators)
- Specialist Credit Middle Office (operational support for specialist credit and loan operations)
- Asset Valuations: oversees OTC derivative valuations, oversight of outsourced asset valuations and OTC collateral dispute management.
- Operations Strategy and Counterparty Management: operational support for Insight business initiatives, operational market intelligence gathering, and primary escalation point for the global Insight business for any material counterparty issue
- Performance and Client Reporting: performance and attribution, client reports, meeting packs, factsheets, oversight of third-party generation of client reports
- Data Management Office: oversees the enhancement of processes, controls, governance and reporting relating to the sourcing, use and quality of data that supports key business processes
- Asset Transitions and Onboarding and Credit Documentation Onboarding: management of the operational elements of client onboarding (changes and transitions) including the documentation and oversight of outsourced transitions services
- Guideline Management Group: drafting, review and coding of investment guidelines, and analysis of post trade alerts
Purpose of role
The Guideline Management team are responsible for the implementation, coding and monitoring of investment guidelines. The team are integral to front office processes and are sat amongst the fund management team and client solutions group, working closely with them to ensure guidelines are operationally sound and that investment risk limits are adhered to.
The Guideline Management Analyst will be responsible for reviewing investment guidelines following their execution and take responsibility for the coding of pre/post-trade investment restrictions into both thinkFolio and an Insight built compliance engine. They will also be responsible for the post-trade monitoring across all of Insight’s LDI clients and will be required to support the fund management team in resolving any incidents.
Role accountabilities
- Build a detailed knowledge of our compliance systems, understanding the various risk limits and the coding capabilities.
- Ensure all new mandates/amendments are coded into systems within the agreed timeframes with a high level of accuracy.
- Work closely with the Fund Managers and Client Directors to ensure that coding has been accurately interpreted and signed off within the appropriate timeframe.
- Ensure client guideline queries from across the business are answered in a timely and accurate manner.
- Complete post trade monitoring of incidents generated by the compliance systems, ensuring incidents are proactively escalated and recorded in the relevant systems.
- Provide front office teams with daily Excel based reports on exposure monitoring.
- Support the fund managers with ad-hoc queries related to intraday incidents or general use of the compliance systems. · Continuously engage with IT to evolve systems.
- Liaise with various internal parties including Fund Managers, Legal, Risk, Client Directors, Dealers etc
- Involvement with Guideline Management projects.
- Proactively devise ways to reduce operational risk to the business and to increase the efficiency of processes.
Knowledge, skills and behaviours required
- Experience within a Guideline Management role is desirable, but not essential
- Min. 1 year of experience within the asset management sector
- BSc in Finance, Mathematics, Economics or another relevant subject
- Proficient in using Microsoft Excel, Word, and PowerPoint
- Strong understanding of fixed income securities
- Strong understanding of derivatives · Looking to complete/completed IMC or CFA
- Strong ownership of role and responsibilities
- Innovative approach to problem solving
- Proactive, self-starter, energetic and enthusiastic individual
- Confidence to engage with a variety of people from around the business, including Client Directors, Fund Managers, Dealers, Operations etc
- Attention to detail
- Strong numerical skills
- Excellent organisational skills, proven ability to multitask and prioritise
