Banking Associate

An excellent opportunity to join our Banking & Treasury team as a Banking Associate.

Salary and benefits: Up to £30,000, plus 8% bonus up to 16%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
Job Type: Fixed Term Contract 12 months
Closing Date: 28/3/2023
Location: Wythall, Telford

We have an incredible opportunity to join us here at Phoenix Group as a Banking Associate in o ur Banking & Treasury team.
In this interesting role you would be responsible for performing the daily Treasury operations of Phoenix Life In addition, you will be a point of contact for both and internal stakeholders for banking, liquidity, payment queries and preparation of Management Information.
Key to the role is to ensure that deadlines are adhered to in accordance with Group Risk and Control Standards and best banking practices.

Who are we?
We want to be the best place that any of our 6,800 colleagues have ever worked.
We're the UK's largest long-term savings and retirement business. We offer our 13 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£310 billion of assets under administration. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.

Key Responsibilities
- Complete the day-to-day operations, including: funding, payments and associated admin, MI, journals, reconciliations, mailbox queries and post.
- Ensure work is prepared to a high standard; working papers, journals and reconciliations are completed with a clear audit trail and supporting documentation.
- Produce MI showing quarterly bank credit ratings and their relationship status within Phoenix.
- Produce Liquidity MI to monitor daily liquidity levels, ensuring each account is within its limits.
- Support the Senior Treasury Assistant and Assistant Treasury Controller to ensure that team deliverables are met in accordance with the agreed Service Level Agreements (SLA) and Key Performance Indicators are recorded for analysis.
- Assist with the maintenance of up-to-date procedural documentation for the tasks within the department.

What We're Looking For
- Experience of working within a complex and highly regulated financial services environment.
- Good organisational and time management skills including the ability to work under pressure to meet often conflicting and immovable banking deadlines.
- Good analytical skills and excellent attention to detail.
- Understanding of double entry book keeping.

What We Offer
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Find out more about #LifeAtPhoenix
- Guide for Candidates: thephoenixgroup.pagetiger.com/guideforcandidates
- Find or get answers from our colleagues: www.thephoenixgroup.com/careers/talk-to-us
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We value diversity in our workforce and welcome enquiries from everyone.