Dealing Desk Analyst

At M&G our vision is:
_to become the best loved and most successful savings and investment business _and we’re looking for people who are excited about joining us on our journey. We’re digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for our customers. To help us achieve our vision we’re looking for exceptional people who live our values and behaviours and who can inspire others; embrace change; deliver results and keep it simple.

What you can expect from us:
We are committed to creating an environment where you can be exceptional at all you do. To help us deliver this, we promise to:

- Challenge Your Limits by creating a stimulating working environment and providing opportunities for you to be involved in meaningful and challenging work
- Support Your Aspirations with a commitment to learning and development that helps you achieve and build your experience with people who want you to succeed
- Value Your Input whereby leaders and managers will involve you in key decisions, listen to your thoughts and recognise the important contribution you make
- Balance Your Life through a work life partnership that focuses on making this an inclusive, diverse and friendly place to work and offers the flexibility and support that enables everyone to be at their best

The Role:
Key Responsibilities for this role:

- Dealing Desk Operational Responsibilities_
- Field all trade enquiries to and from dealers and help prioritise all dealing desk responses.
- Undertake periodic / ad hoc tasks as and when required (e.g. Review of execution rates with the dealers annually, complete any counterparty breach forms, confirmation of novation process, and external stakeholder management / dealing relationships)
- Ensure controls in respect of COB’s monitoring are carried out as required with a good understanding of relevant RCM’s across the Front Office teams.
- Close liaison with Stakeholders and Risk, particularly around ongoing analysis and MI provision.
- Work with management to improve processes, customer outcomes, ensuring risks are understood and controls are appropriately applied.
- Liaise, support TCA reporting and represent the Fixed Income / Equity teams with other departments, including Information Systems, Data Management and Investment Operations.
- Analysis / MI Responsibilities_
- Understand the local rules and regulations in regards to Best Execution and our oversight obligations in BAU.
- Support the process and data reviews, building in improvements, including data analytics. Work to improve client and firm outcomes across FI Trading including Spread, Cash, Algo and PT, Futures, Convertible bonds, ETFs and Options.
- Support the Dealing teams ongoing implementation monitoring via Monthly, Quarterly TERF’s and interactions / usage also of our Independent TCA vendors analysis, (including peer groups).
- Support for monthly summary MI, TERF minutes and related submissions to the Dealing Management Committee, while supporting periodic thematic Compliance reviews or Audit / AAF / ICF / OMF requests.
- Generation of Hit Ratio%’s / Counterparty Review Reporting both for quarterly / bi-annual counterparty meetings.
- Work with the Fixed Income Dealing teams and business risk partners to improve TCA / TERF data.
- Regular analysis support for Clients, Heads of Dealing and Fund Manager Assistants in relation to Implementation.
- General Responsibilities:_
- Maintain desk procedures, how-to guides and risk registers, ensuring the all processes and controls are captured and adhered to by those involved in the implementation process.
- SME for any broader project related work across Dealing activities, including potential vendor onboarding and analysis requirements such as the ESG and ISDA Programmes.
- Support of key controls / monitoring via Aladdin and SurveillanceGrid, e.g. exceptions monitoring, price limits and liquidity analysis etc
- Raise, test and sign off small changes to systems, working closely with system development and front office system support teams.
- Support / lead local broker onboarding activities, while providing cross-training and cover, (including some bank holidays), for other Dealing Services activities, when necessary.

Key Knowledge, Skills & Experience:

- Required:_
- Experience of and a good understanding of Fixed Income dealing and markets within the asset management industry.
- Experience on a Fixed Income or Equity dealing desk / or related operational and settlement process exposure.
- Previous knowledge / use of Aladdin, Bloomberg and 3rd-Party front office vendor or buy-side systems.
- High level of accuracy and strong analytical / system skills with experience of execution quality / trading oversight and related MI production
- Bright, enthusiastic and proactive. Due to the nature of the role, a self-starter is essential.
- Numerate, logical and analytical approach, with a