Middle Office Derivatives and Public Markets Associate, RS&AM

Middle Office Derivatives and Public Markets Associate, RS&AM

• Edinburgh, Scotland, United Kingdom
• London, England, United Kingdom
• Telford, England, United Kingdom
• Birmingham, England, United Kingdom
• (Hybrid)

Here at Standard Life, we guide millions of people through some of life’s biggest decisions. We’re searching for a Middle Office Derivatives and Public Markets Associate who shares our commitment to putting customers first, aiming high and working together to join the Retirement Solutions and Asset Management function.

Job Type: Permanent
Location: Edinburgh, London, Telford or Birmingham (hybrid working 3 days in the office and 2 days working from home).
Flexible working: All of our roles are open to part-time, job‑share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about flexible working here.
Salary and benefits: From £42,000 (subject to experience) + bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.

We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.

Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day.

Middle Office is a key support function for the Retirement Solutions and Asset Management Front Office. It has wide ranging accountability ensuring operational control of investment activities, supporting the Group and Asset Management governance framework, and delivery of investment reporting. The current Derivatives and Public Markets Middle Office team create a multi‑asset class Middle Office team. This offers new joiners the chance to learn front to back management of a wider asset set.

The role involves coordination of post trade lifecycle management across Standard Life plc entities for derivative and public market fixed income products. Dedicated product support for the various Front Office functions, primarily the ALM (Asset Liability Management) team on trade execution, confirmation and post trade activities.

Additionally, supporting the Portfolio Implementation and Manager Oversight teams on a day‑to‑day basis, providing key operational input and guidance. A key focus of this role will be to ensure accurate and timely derivative data is stored through internal systems, requiring coordination and direction of activities amongst internal functions and key outsourced service providers. In particular, the role will require continued build‑out and support in overseeing services provided by Black Rock Solutions via the Aladdin suite of products.

This role will develop the individual into an experienced subject matter expert, providing active participation on process improvement and operating model enhancements to achieve industry leading systems and controls across asset and fund classes. In the same SME capacity, participate in functional integration of legacy Standard Life risk carriers across procedures and platforms.

• Derivatives Oversight – Take leadership in ensuring that derivative operational activities are completed and providing ownership to resolve any outstanding issues.
• Derivative Data – Provide SME input into ensuring that derivative trades are correctly captured in internal systems.
• Live Cycle management – Performing middle office control on direct derivative and public market fixed income trading. (confirms, income and resolving trade flow issues)
• Onboarding – Working with our third‑party providers to onboard…