Pricing Controls Analyst

Job description

Job Details

Role Sector: Finance

Hours Per Week: 35

Salary Range: £

Additional Benefits:

Role Description

A fantastic opportunity has arisen in the Dorking office. We are actively recruiting for a Pricing Controls Analyst on a 9 month fixed term contract, expected to complete by June 2017.

You are required to analyse long term unit pricing issues and errors as a result of a failure to correctly apply approved taxation policies within the net asset value and unit price calculations and remediate for losses in accordance ‎with approved pricing error policies.

Key duties include:

· Investigate whether issues identified by our tax team have had implications on the accuracy of the unit prices produced over the period
· Correcting the funds NAV where errors have been identified.
· Recalculating unit prices over the period of the error and identifying the level of customer redress in line with pricing error policy
· Obtaining the required sign off from delegated authority and tax internal teams on the resolution of these pricing errors
· Ensure actions to prevent re-occurrence are agreed and embedded within internal / external teams
· Ensure that other non-tax related pricing errors are documented in the Pricing Error database including the calculation of the full cost of errors to the shareholder.
· Monitor key processes across Investment Operations and where appropriate assist with developing enhanced controls to mitigate risk of pricing errors and shareholder loses
· Ensure that all IPC controls are implemented in accordance with approved policies, consistent with the principles of TCF and the ABI Guide of Good Practice for Unit Linked Funds

Skills/Knowledge

• Thorough understanding of Unit Linked Pricing and incorporation of tax policies within Life Funds

• Able to demonstrate an understanding of unit pricing practices, inputs and influences

• Proven ability to control large volumes of data with meticulous attention to detail

• Strong analytical skill, having the ability to analyse issues, present solutions & resolve problems

• Good knowledge of MS Access and / or Excel

• Educated to A Level/Degree standard and / or IAQ / FPC qualified or equivalent.

• Significant technical knowledge of investment instruments, such as UTs, OEICs and SICAVs

• Understanding of ABI guidelines

• Knowledge of investment securities & markets

• Knowledge of Investment Administration and Policy Admin systems

• Strong communication skills.

• Strong time management skill, ensuring service levels are met and also having the ability to reprioritise both individual and the teams deliverables and workload at short notice

We prefer all applications to be submitted online, however if you require an alternative method of applying please contact Saima in the Resourcing team on 0121 779 1449.