At a Glance
- Tasks: Join LGPS Central as an Investment Risk Analyst and support risk management across diverse investment portfolios.
- Company: Be part of LGPS Central, a leading asset manager for local authority pension funds.
- Benefits: Enjoy competitive salary, generous holidays, hybrid working, and excellent learning opportunities.
- Other info: Join a diverse team committed to responsible investment and continuous improvement.
- Why this job: Make a real impact in investment risk management while developing your skills in a supportive environment.
- Qualifications: Prior experience in investment risk or operations, strong analytical skills, and a collaborative mindset.
The predicted salary is between 50000 - 70000 £ per year.
Join LGPS Central at a pivotal moment, where active management, investment risk and long term outcomes come together. We are seeking an Investment Risk Analyst to join LGPS Central in Wolverhampton. Reporting to the Investment Risk Manager, you will support the implementation of the firm’s Investment Risk Policy across Public and Private Markets, working closely with colleagues across Investment, Risk, and Operations.
You will assist in monitoring and reporting portfolio risks, producing risk analytics, and supporting the development of models and systems to ensure robust and effective risk management.
What you’ll be doing:
- Investment Risk Oversight & Reporting
- Assist in the delivery of LGPS Central’s Investment Risk Policy and associated procedures, ensuring consistent application across funds and mandates.
- Produce, check and distribute daily, weekly and monthly risk reports, highlighting key exposures, breaches, and trends across portfolios.
- Maintain data integrity within the risk systems, ensuring all positions, benchmarks, and market data are accurate and up to date.
- Support the monitoring of risk limits, exposures, stress tests and performance attribution measures.
- Help identify and explain changes in portfolio risk profiles, concentration levels, and market sensitivities.
- Quantitative Analysis & Modelling
- Work with the Investment Risk Manager and Senior Investment Risk Manager to develop and enhance quantitative models for market, credit, and liquidity risk.
- Run VaR, stress testing and scenario analysis to assess portfolio resilience under different market conditions.
- Support validation and back-testing of models and ensure methodologies are documented and applied consistently.
- Use analytical tools (e.g. Power BI, Python, Excel, Tableau) to automate recurring analyses and improve efficiency and visualisation.
- Conduct data quality checks and reconciliations between internal systems and third-party providers.
- Support for Public & Private Markets
- Support the assessment and reporting of risks for both Public Market portfolios (equities, fixed income, multi-asset) and Private Market portfolios (private equity, credit, infrastructure, property).
- Work with portfolio teams to ensure new investments, valuation updates and transactions are correctly captured within the risk system.
- Contribute to the ongoing development of look-through risk analytics for multi-layered fund structures.
- Assist in the preparation of risk analysis and dashboards for Private Markets oversight reviews.
- Governance, Reporting & Continuous Improvement
- Prepare inputs for Committee papers and management reports, ensuring accuracy and clarity of data and commentary.
- Contribute to risk audits, assurance reviews and model validation exercises, collating evidence and supporting responses.
- Take ownership of assigned tasks within risk system upgrades, data projects or automation initiatives.
- Identify opportunities to improve efficiency and consistency across reporting and analysis processes.
- Keep up to date with regulatory expectations and industry best practice in investment risk management.
- Collaboration & Team Development
- Work collaboratively across the Investment, Risk, and Operations teams to foster a culture of openness, transparency and challenge.
- Support the team’s knowledge sharing, learning sessions and cross-training efforts.
- Engage in ongoing professional development, pursuing relevant qualifications and technical skills.
- Act as an ambassador for the Risk function, demonstrating curiosity, integrity and a constructive approach to challenge.
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: Cheshire Pension Fund, Derbyshire Pension Fund, Leicestershire Pension Fund, Nottinghamshire Pension Fund, Shropshire Pension Fund, Staffordshire Pension Fund, West Midlands Pension Fund, Worcestershire Pension Fund, Gloucestershire Pension Fund, Hampshire Pension Fund, Suffolk County Council, Wiltshire Pension Fund, Norfolk Pension Fund, Oxfordshire Pension Fund.
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
Essential
- Prior experience in an investment risk, performance, or investment operations role within asset management, pensions, or financial services.
- Strong analytical and numerical skills, with proficiency in Excel and comfort working with large, complex data sets.
- Basic understanding of market, credit, and liquidity risk concepts, as well as key investment risk metrics (e.g. VaR, tracking error, beta, duration).
- Excellent attention to detail and accuracy in data handling and reporting.
- Strong written and verbal communication skills – able to present findings clearly and concisely.
- A collaborative team player who demonstrates initiative and accountability.
Desirable
- Experience using risk systems or data platforms such as Bloomberg PORT, Aladdin, or MSCI Barra.
- Familiarity with data visualisation tools (Power BI, Tableau) or programming languages (Python, R, SQL).
- Knowledge of Private Market investment structures and associated risks.
- Previous exposure to Committee paper preparation or governance reporting.
Qualifications:
- Degree level or equivalent
- CFA or equivalent qualification/ relevant investment experience
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:
- Competitive salary
- An enhanced and generous Pension Scheme
- 30 days' paid holiday plus bank holidays
- 2 days paid volunteering days
- An extra paid Company Day in addition to paid holidays
- Excellent Learning & Development Opportunities
- 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
- Winner of LAPF Investment Innovation
- Winner of Pool of the Year 2025
Investment Risk Analyst in Birmingham employer: LGPS Central
At LGPS Central, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture in the heart of Wolverhampton. Our commitment to employee growth is reflected in our extensive learning and development opportunities, alongside a competitive benefits package that includes generous holiday allowances and family-friendly policies. Join us in our mission to deliver superior investment outcomes while enjoying a hybrid working environment that fosters collaboration and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Investment Risk Analyst in Birmingham
✨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 LGPS Central, 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 LGPS Central.
✨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 LGPS Central.
✨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 LGPS Central, 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 Investment Risk Analyst in Birmingham
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 LGPS Central 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 LGPS Central.
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 LGPS Central 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 LGPS Central. Numbers speak louder than words!
How to prepare for a job interview at LGPS Central
✨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 LGPS Central 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 withLGPS Central.
