At a Glance
- Tasks: Lead the development of innovative hedging investment solutions for local authority pension funds.
- Company: Join LGPS Central, a leading asset manager with a commitment to responsible investment.
- Benefits: Enjoy a generous pension scheme, hybrid working, and wellness support.
- Other info: Be part of a diverse team with excellent career growth opportunities.
- Why this job: Make a real impact on investment strategies that shape the future of public sector pensions.
- Qualifications: Significant experience in portfolio management and strong interpersonal skills required.
The predicted salary is between 70000 - 90000 £ per year.
Join LGPS Central at a pivotal moment, where investment meets long-term impact.
This role is based in Wolverhampton and will play a key part in developing and delivering LGPS Central’s hedging investment solutions in support of the government’s Fit for the Future agenda.
The postholder will work closely with the Head of Alternatives & Hedging Solutions to build, implement and manage hedging portfolio solutions that meet the needs of Partner Funds and wider stakeholders.
This will include responsibility for research, portfolio construction, manager selection, oversight and ongoing monitoring, while ensuring that portfolios are managed in line with LGPS Central’s investment, responsible investment, risk and compliance frameworks.
As a senior member of the team, the postholder will also help shape the development of the function, contribute to a strong investment culture, and represent LGPS Central credibly with Partner Funds, managers and other key stakeholders.
This role is a certified role under the Senior Manager’s Certification Regime and will be subject to assessments in Fitness and Propriety and any other regulatory requirements.
What you’ll be doing
- Investment Strategy and Portfolio Management
- Work with the Head of Alternatives & Hedging Solutions on the development and implementation of hedging investment solutions
- Support the design of solutions that meet Partner Fund requirements, government expectations and relevant legislative or regulatory requirements
- Build and manage multi-manager hedging portfolio solutions
- Contribute strategic views and implement investment decisions within agreed mandates and governance parameters
- Lead or support strategy research, manager selection, portfolio construction and ongoing portfolio monitoring
- Ensure portfolios are managed within agreed objectives, limits and risk parameters
- Oversight, Monitoring and Reporting
- Deliver a transparent, auditable and repeatable investment process for hedging solutions
- Source and assess appropriate investment opportunities and external managers
- Oversee and monitor managers and portfolio holdings on an ongoing basis
- Evaluate portfolio performance, risk, implementation and outcomes, and elevate issues where appropriate
- Help ensure that reporting for hedging solutions meets the needs of Partner Funds and internal stakeholders
- Governance, Risk and Compliance
- Embed and monitor risk and compliance requirements in line with the Company’s Risk and Compliance Framework
- Support the development and operation of an appropriate first line of defence control framework within the Investment Team
- Ensure investment activity is delivered in line with internal policies, governance standards and delegated authority arrangements
- Integrate LGPS Central’s responsible investment approach into the investment process and culture, including consideration of ESG risks and stewardship-related factors where relevant
- Leadership and Team Contribution
- Deputise for the Head of Alternatives & Hedging Solutions when required, including at Investment Committee, client meetings and committee presentations
- Assist with recruitment and the ongoing development of team capability as the function grows
- Line manage and support analysts where applicable, helping to build a high-performing and collaborative team culture
- Champion a rigorous, research-based and accountable investment culture across LGPS Central
- Take responsibility for projects delegated by the Investment Directors and ensure they are appropriately resourced and delivered on time and to budget
- Stakeholder Engagement
- Build strong and credible relationships with Partner Funds, colleagues, managers and other external stakeholders
- Act as an ambassador for LGPS Central within the investment community and with relevant stakeholders
- Present clearly and confidently on portfolio matters, strategy and performance where required
About us
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands.
LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets.
It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.
LGPS Central’s Partner Funds are
- Sulfolk County Council
The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.
LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits.
The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.
Our objective is to be a leading investment management company working with and for our Partner Funds.
With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds
Requirements
- Significant experience in sourcing, researching and monitoring hedging strategies and solutions, including portfolio construction
- Experience in the management and oversight of investment portfolios, including evaluation of performance and risk
- Experience of collaborative investment decision-making and portfolio management at a senior level
- Strong understanding of external manager research, selection and oversight
- Strong interpersonal, communication and stakeholder management skills
- Good people management capability and the ability to support and develop others
- Ability to build credibility and effective working relationships across a wide stakeholder group
- High degree of professional ethics, integrity and judgement
- Experience of working with institutional investors, pooled funds or manager of managers structures
- Knowledge of the LGPS, public sector pensions environment, or regulated asset management environment
- Experience of presenting to committees, boards or client groups
- Familiarity with responsible investment considerations in portfolio design and oversight.
Qualifications
- Preferably degree level or equivalent in relevant discipline.
- Has or can meet all the requirements of being an FCA approved person
What do we offer?
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer.
Here are a few of the valuable rewards that you will enjoy
- An enhanced and generous Pension Scheme
- An extra paid Company Day in addition to paid holidays
- Welfare and Family-friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme - 24-7 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
- Nominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022
- Winner of the Cultural Awareness Initiative of the Year - FT Advisors Diversity in Finance Awards 2023
- Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
- #J-18808-Ljbffr
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Hedging in England
✨Get Involved in Finance Communities
Join investment and asset management forums or local finance meetups. Engaging with professionals in these circles can not only help you learn the ropes but also put you in touch with potential employers like Hollybank Trustees Ltd, who often scout for talent at such events.
✨Utilise Networking Platforms
Connect with professionals already working in asset management on platforms like LinkedIn. A personal message showing your interest in their role or asking for advice can lead to significant connections that might tip the scales in your favour at companies like Hollybank Trustees Ltd.
✨Show Off Your Financial Skills
Consider contributing to investment blogs or even creating your own content. Sharing your insights and analyses can demonstrate your knowledge and passion for the industry, making you stand out when applying for roles at organisations like Hollybank Trustees Ltd.
✨Engage with Recruitment Events
Attend finance recruitment fairs and expos. These events are perfect for making a strong impression with recruiters and potentially securing interviews. Many companies, including Hollybank Trustees Ltd, attend these events to scout for fresh talent, so make sure you stand out with your enthusiasm and knowledge!
We think you need these skills to ace Senior Portfolio Manager - Hedging in England
Some tips for your application 🫡
Highlight Your Analytical Skills:In asset management, it's all about the numbers! Make sure your CV showcases your analytical skills, particularly any experience with financial modelling or quantitative analysis. Employers like Hollybank Trustees Ltd want to see how you can dissect data and turn it into actionable insights, so don't hold back on your achievements!
Show Off Your Relevant Qualifications:Having the right qualifications can be a game changer in investment roles. If you've got a degree in finance, economics, or a related field, flaunt it! Also, if you have any certifications like CFA or CAIA, mention those too. It’ll help demonstrate your commitment and expertise in the field to Hollybank Trustees Ltd.
Tailor Your Cover Letter to Reflect Passion for Investment:Your cover letter is your chance to express your enthusiasm for the investment world. Share why you're drawn to asset management and your understanding of market trends. The hiring team at Hollybank Trustees Ltd will be keen to see that passion and how you keep up with industry news and developments.
Quantify Your Achievements:Don’t just tell them what you did - show them! When detailing your previous experience, include quantifiable achievements to illustrate your impact. Whether it’s percentage growth on a portfolio or cost savings in a project, these figures will help your application stand out to Hollybank Trustees Ltd. Numbers speak louder than words!
How to prepare for a job interview at Hollybank Trustees Ltd
✨Brush Up on Financial Modelling
For a role in investment asset management, being well-versed in financial modelling is crucial. Make sure you can articulate your experience with tools like Excel or any specialised software you've used. Maybe even prepare a couple of examples of financial models you've built or analysed.
✨Know Your Investment Strategies
Expect questions around different investment strategies and how you would apply them in various market scenarios. Get ready to discuss current market trends and how they impact portfolio management. This shows you're not just about the theory but also keeping an eye on real-world applications.
✨Show Your Analytical Skills
Since this is a full-time role, companies like Hollybank Trustees Ltd want to see your analytical thinking in action. Prepare to solve case studies or tackle some numerical puzzles during the interview. Practicing these types of questions will boost your confidence and show off your skills.
✨Discuss Your Long-Term Career Goals
As you’re applying for a full-time position, the interviewers will be interested in your commitment to the field. Be ready to discuss how this role fits into your long-term career plans in asset management. This shows you're not just looking for any job, but you’re genuinely interested in growing withHollybank Trustees Ltd.
