Director of Investment Operations & Reporting

Director of Investment Operations & Reporting

We help people achieve a better later life. That's our purpose and it's the reason we exist. We are a fast-growing FTSE 250 company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK's most loved retirement expert.

About the role

We are looking for a Director of Investment Operations and Reporting to lead the investment operations and reporting teams, assuming accountability for its outcomes (including planning, prioritization, and execution). The role involves providing leadership, interfacing/partnering with other business areas, driving significant change & improvements, and contributing to the overall growth of the organization.

You will be responsible for driving BAU, change, and improvements across Middle Office, Back Office, short-term liquidity risk management, and collateral management. Additionally, overseeing the Treasury Management System ("TMS") - Quantum.

Responsibilities

Middle Office

• Lead the validation of trade instructions' execution with third parties and internal investment teams.
• Build and leverage third-party relationships, including oversight of custody, asset managers, and banks.
• Oversee the validation and settlement of investment fees with third parties.
• Manage the accuracy of information flowing to the Datawarehouse and inputs to actuarial/finance processes.

Liquidity Management

• Lead the risk framework and policy for short-term liquidity.
• Devise tools for managing liquidity, including active deployment of excess liquidity into appropriate return-yielding investments.
• Oversee the production of MI regarding cash and liquidity, including cash flow forecasts and PRA Reports.
• Ensure liquidity risk is managed per policies and stress testing is conducted regularly.
• Manage and report on collateral, including execution of instructions for collateral moves.

Investment Accounting

• Lead the generation of accounting records and analyses of invested assets.
• Develop and operate external debt operational accounting & reporting processes.
• Report on IFRS, Solvency II, and other regulatory requirements.
• Manage independent price verification of publicly traded assets.

Team Management

• Build a high-performing team, improving skills and capabilities.
• Ensure proper maintenance and actioning of Risk Sword / OneSumX for risks, controls, and incidents.
• Participate in key governance committees such as ALCO, Matching Adjustment Committee, Credit Committee, and Complex Assets Valuation Committee.

Skills and Experience

• Experience leading middle and back-office investment activities in complex financial services, ideally in life insurance.
• Strong understanding of balance sheet management and performance drivers in life insurance organizations.
• Exposure to short/medium-term liquidity risk management.
• Treasury or investment qualification is desirable.
• Strong problem-solving and influencing skills, with the ability to persuade at senior levels.

Benefits include a competitive salary, pension scheme, life assurance, 25 days of annual leave plus your birthday off, private medical cover, income protection, a bonus scheme, and opportunities for career progression. Additional benefits include access to Headspace, Employee Assistance Helpline, and various employee-funded benefits.

Why Just?

At Just, you'll develop your career while making a difference. We're ambitious, curious, and collaborative, with a culture centered on being Just and delivering the best outcomes for our customers. We're committed to sustainability and diversity, equity, inclusion, and belonging (DEIB) initiatives, aiming to create a supportive and innovative workplace.