At a Glance
- Tasks: Lead investment oversight and risk management for diverse asset classes.
- Company: Join LGPS Central, a leading FCA regulated asset manager.
- Benefits: Enjoy a generous pension scheme, hybrid working, and wellness support.
- Other info: Be part of a diverse team committed to responsible investment.
- Why this job: Make a real impact on investment strategies and governance.
- Qualifications: Experience in investment oversight and strong analytical skills required.
The predicted salary is between 55000 - 65000 € per year.
Join LGPS Central at a pivotal moment, where investment oversight, long-term stewardship and real-world impact come together. This role is based in Wolverhampton and will play a key part in providing internal oversight of LGPS Central’s pooled investment funds and internally managed investments across all asset classes. The role will help ensure our investment portfolios are well governed, appropriately challenged and aligned with our objectives, investment beliefs, risk appetite and Partner Fund expectations.
The postholder will work closely with the Head of Centre of Excellence, CIO, Investment Teams and wider stakeholders to assess fund performance, investment risk, portfolio construction, manager quality and alignment with agreed mandates. This will include qualitative and quantitative oversight across areas such as listed equities, fixed income, property, private credit, private equity, infrastructure and other emerging asset classes.
As a senior member of the investment function, the postholder will provide clear, evidence-based insight to support strong decision-making. They may also be required to present at Investment Committee, ORCA and other governance forums, helping LGPS Central maintain a transparent, robust and proactive approach to investment oversight.
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 Oversight and Risk Management
- Lead holistic qualitative risk assessments of internal funds, covering both investment and non-investment risks.
- Review fund performance, manager quality and alignment with LGPS Central’s fund objectives.
- Assess whether portfolios are being managed in line with agreed mandates, investment beliefs, risk parameters and governance expectations.
- Develop and monitor risk metrics, identifying emerging risks across asset classes.
- Provide clear views on whether oversight and actions taken by Investment Teams are adequate, reasonable and proactive.
- Oversee investments across a broad range of asset classes, including listed equities, fixed income, property, private credit, private equity, infrastructure and other emerging assets.
- Contribute to long-term investment thinking, particularly where risk-adjusted returns, liquidity and Partner Fund outcomes need to be carefully balanced.
- Portfolio Construction and Asset Allocation
- Help shape and challenge asset allocation frameworks, considering risk, return, liquidity and market conditions.
- Contribute to tactical asset allocation analysis, modelling and investment thinking.
- Provide insight into portfolio construction and help ensure portfolios remain aligned to LGPS Central’s long-term objectives.
- Support the CIO and Head of Centre of Excellence with financial and performance oversight of LGPS Central’s investment portfolios.
- Governance, Risk and Compliance
- Support a clear, auditable and repeatable approach to investment oversight.
- Ensure oversight activity is aligned with LGPS Central’s governance framework, Investment Delegation Policy and internal standards.
- Present oversight findings and risk assessments to Investment Committee and other governance forums when required.
- Support the development of a strong first line control environment within the Investment function.
- Integrate responsible investment and ESG considerations into oversight activity, where relevant.
- Stakeholder Engagement
- Build strong and credible relationships with Investment Teams, Portfolio Managers, Partner Fund Client Directors, senior leaders and wider colleagues.
- Work collaboratively across teams to provide practical, constructive and well-evidenced oversight.
- Present complex investment information clearly to technical and non-technical audiences.
- Act as a trusted source of insight, challenge and support across the business.
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 United Kingdom.
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
- Proven experience in investment oversight, manager selection, risk management, asset allocation or portfolio analysis.
- Experience gained within a pension fund, asset manager, investment consultant or similar institutional investor environment.
- Strong understanding of financial markets and a broad range of asset classes.
- Experience assessing investment performance, portfolio construction, risk and manager quality.
- Good understanding of strategic and tactical asset allocation methodologies.
- Ability to analyse complex investment portfolios and provide practical, evidence-based insight.
- Strong understanding of investment and non-investment risk management frameworks.
- Experience working with internal and external stakeholders, including senior management, investment teams, service providers or regulatory bodies.
- Strong analytical skills, with excellent attention to detail.
- Ability to anticipate issues, challenge constructively and propose practical solutions.
- Strong communication skills, with the ability to present complex information clearly.
- Good working knowledge of Microsoft Excel, PowerPoint, investment analysis tools and financial modelling.
- Ability to work collaboratively across teams and manage multiple priorities.
- High degree of professional ethics, integrity and judgement.
- Good understanding of ESG factors and how they can affect investment performance, risk and opportunity.
Qualifications:
- IMC preferred.
- Has, or can meet, all 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
Investment Oversight Manager employer: Hollybank Trustees Ltd
At LGPS Central, we pride ourselves on being an exceptional employer that champions a diverse and inclusive work culture, offering a hybrid working environment in the heart of Wolverhampton. Our commitment to employee growth is reflected in our generous benefits package, including an enhanced pension scheme, family-friendly policies, and continuous professional development opportunities. Join us to make a meaningful impact in investment oversight while enjoying a supportive atmosphere that values your contributions and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Oversight Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment world, especially those who might have insights into LGPS Central. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of asset classes and risk management frameworks. Be ready to discuss how you can contribute to LGPS Central’s goals and demonstrate your analytical skills with real-world examples.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview or networking event, send a quick thank-you note. It shows your enthusiasm and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance at landing that role. We love seeing candidates who take the initiative to engage directly with us. Plus, it makes tracking your application easier!
We think you need these skills to ace Investment Oversight Manager
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in investment oversight and risk management. We want to see how your skills align with our objectives and the specific requirements of the role.
Showcase Your Analytical Skills:Since this role involves assessing fund performance and providing evidence-based insights, be sure to include examples of your analytical work. We love seeing how you've tackled complex investment portfolios in the past!
Communicate Clearly:Your ability to present complex information clearly is key. Use straightforward language in your application to demonstrate your communication skills. Remember, we want to see how you can engage both technical and non-technical audiences.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at LGPS Central!
How to prepare for a job interview at Hollybank Trustees Ltd
✨Know Your Investment Oversight Inside Out
Before the interview, dive deep into the specifics of investment oversight and risk management. Familiarise yourself with LGPS Central’s approach to managing pooled investment funds and how they align with Partner Fund expectations. This will help you articulate your understanding of the role and demonstrate your commitment to their objectives.
✨Prepare for Technical Questions
Expect questions that assess your knowledge of asset classes, portfolio construction, and risk management frameworks. Brush up on your understanding of both qualitative and quantitative metrics used in investment oversight. Being able to discuss these concepts confidently will show that you're well-prepared and knowledgeable.
✨Showcase Your Stakeholder Engagement Skills
Since this role involves working closely with various stakeholders, be ready to share examples of how you've built strong relationships in previous roles. Highlight your ability to communicate complex information clearly to both technical and non-technical audiences, as this is crucial for effective collaboration.
✨Demonstrate Your Analytical Prowess
Be prepared to discuss how you've analysed investment performance and provided evidence-based insights in the past. Bring examples of how you've anticipated issues and proposed practical solutions. This will illustrate your analytical skills and your proactive approach to investment oversight.
