Business Analyst/Project Manager

Our client requires a Business Analyst/Project Manager on a 3 month contract basis (outside of IR35), who has worked in a SIPP/pensions environment. This project is focused on comparing data and processes.

This is a hybrid role paying up to £425 per day with the requirement to travel to Bristol.

An understanding of non-standard investments (NSI) processes is preferred but not essential.

Summary and Responsibilities:

You will be taked with comparing two sets of data and comparing, and the same with processes and checklists. You must be comfortable undertaking analysis of data and processes, and developing out the changes required.

Investment Managers (IM) Ongoing Due Diligence

1. Review list of IMs on both books to find overlap/duplication.
2. Review completed IM ongoing review and annual assessment checklists to compare process, quality and resourcing
3. Subject to a) and b), develop proposal for IM ongoing reviews to be done (this is based on assumption that there will be high level of commonality and therefore duplication of current work and quality and controls surrounding the review will be higher).
4. Make any required changes to the firms procedures and checklists

Non-standard Investment Ongoing Due Diligence

1. Review list of NSIs held on both books to find overlap
2. Review completed NSIs ongoing review and annual assessment checklists to compare process, quality and resourcing
3. Subject to a) and b), develop proposal for integrated NSI ongoing reviews with view on whether this process should be carried out.
4. Make any required changes to procedures and checklists

IMonboarding (scope subject to NSI policy decision)

1. Review and compare both parties onboarding processes, including checklists and data sources, highlighting areas which are in common and which differ, and where they are obtaining and paying for the same data but from different sources
2. Work with SMEs to build a combined onboarding process, including checklist and other due diligence requirements (financial checks, financial crime checks, company status checks, FCA checks).
3. Make required changes to procedures

There is also a requirement to liaise with Legal to see if its possible to create a master legal agreement which covers all parties products, incorporating any changes required by NSI policy decision, or whether they should be separate two agreements, in which a new agreement may be required. We will then to conduct a repapering exercise. This will be likely led within the team, rather than a BA

NSIonboarding (scope subject to NSI policy decision)

1. Review and compare NSI investment approval processes, including checklists and data sources, highlighting areas which are in common and which differ, and where the firms are obtaining and paying for the same data but from different sources
2. Work with SMEs to build a combined process, including checklist and other due diligence requirements (financial checks, financial crime checks, company status checks, FCA checks).
3. Make required changes to the firms procedures

Illiquid/distressed asset processes

1. Review list of impaired/exit asset population on both books to find overlap.
2. Review both parties processes for managing distressed assets (including valuations) and recoveries/claims to see if there are areas of commonality and where process can be aligned which will enable cross-training and synergies.
3. Make required changes to the firms procedures and checklists
4. Review processes handling for direct and IM held illiquid assets and FSCS assets. Can we agree a common approach to how we handle these assets? Example: requests to transfer illiquid assets into SIPPs; illiquid assets preventing transfers out (any difference if fully crystallised SIPP?; IMvs direct holdings?)

There could also scope to look at:

• Reviewing how the Technical-Investments mailbox is managed and see if this can be brought into the Investment Oversight Customer team
• Review and align valuation policies and process

We are looking for someone to start asap, therefore someone with no more than a 2 week notice period.