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- Tasks: Design and manage innovative Alternatives investment solutions for local authority pension funds.
- Company: Join LGPS Central, a leading FCA regulated asset manager with a focus on responsible investment.
- Benefits: Enjoy competitive salary, generous pension scheme, 30 days holiday, and hybrid working options.
- Why this job: Make a real impact in the investment world while supporting government initiatives.
- Qualifications: Experience in sourcing and managing Alternatives strategies; CFA or equivalent preferred.
- Other info: Be part of a diverse team with excellent career growth and development opportunities.
The predicted salary is between 48000 - 72000 £ per year.
Join LGPS Central at a pivotal moment-where investment meets long term impact. We are looking for a Senior Portfolio Manager for Alternatives to help design, develop and manage our new Alternatives investment fund solutions. This role sits within our Alternatives and Hedging Solutions team and will work closely with the Head of Alternatives and Hedging Solutions to create a transparent and high quality investment proposition for Partner Funds. Alternatives at LGPS Central span a diverse and evolving set of diversifying strategies including hedge funds, diversified growth funds, absolute return bonds, insurance linked securities, gold and other liquid or semi liquid alternative strategies. If you have strong experience researching, selecting and managing Alternatives managers, combined with a passion for building robust multi manager solutions, this could be an excellent next step in your career.
What you’ll be doing:
- Working with the Head of Alternatives and Hedging Solutions to design and implement LGPS Central's new Alternatives investment solutions.
- Ensuring these solutions meet the requirements of Partner Funds, government policy and relevant legislation.
- Helping build out the Alternatives team including supporting recruitment and developing analysts.
- Managing the day to day oversight of the Alternatives portfolio including sourcing investment opportunities, conducting research and due diligence, and monitoring all managers and holdings.
- Delivering a transparent, auditable and repeatable investment process that stands up to scrutiny.
- Ensuring the portfolio is run within the parameters set by the Investment Committee including responsible investment, risk and compliance policies.
- Acting as deputy to the Head of Alternatives and Hedging Solutions when required including attending Investment Committee, Partner Fund meetings and presenting to internal and external stakeholders.
- Supporting the preparation of Alternatives reporting and ensuring the outputs meet Partner Fund needs.
- Embedding the Company’s Risk and Compliance Framework including first line controls, risk monitoring and adherence to regulatory requirements.
- Integrating and maintaining responsible investment and ESG considerations across the portfolio.
- Being an ambassador for LGPS Central and championing a collaborative, research driven and high performing culture.
- Managing key projects assigned by the Investment Director and ensuring these are delivered on time and to budget.
About Us
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Funds, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK. 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. 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
- Experience sourcing, researching and monitoring Alternatives managers and strategies.
- Strong understanding of portfolio construction within Alternatives.
- Experience overseeing Alternatives portfolios including performance and risk evaluation.
- Experience of senior collaborative investment decision making and manager oversight.
- Strong communication and interpersonal skills and the ability to build trusted internal and external relationships.
- Personal credibility, judgement and strong professional ethics.
- Experience leading and coaching junior colleagues is advantageous.
Qualifications:
- CFA or equivalent qualification/ relevant investment experience.
- 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:
- 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
- 247 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
Senior Portfolio Manager - Alternatives employer: LGPS Central
Contact Detail:
LGPS Central Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Portfolio Manager - Alternatives
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment world, especially those who are already in roles similar to the Senior Portfolio Manager position. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by diving deep into LGPS Central's values and recent projects. Show us that you’re not just another candidate; demonstrate your passion for responsible investment and how you can contribute to our mission.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop us a quick thank-you email. It shows your enthusiasm and keeps you fresh in our minds as we make decisions.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the latest opportunities right there, tailored for you.
We think you need these skills to ace Senior Portfolio Manager - Alternatives
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Portfolio Manager role. Highlight your experience with Alternatives and how it aligns with LGPS Central's goals. We want to see how you can contribute to our mission!
Showcase Your Skills: Don’t just list your qualifications; demonstrate how your skills in sourcing, researching, and managing Alternatives managers can benefit us. Use specific examples to illustrate your expertise and passion for building robust investment solutions.
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon and ensure your key achievements stand out. This will help us quickly see why you’re a great fit for the team!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way to ensure your application gets into the right hands and shows your enthusiasm for joining LGPS Central!
How to prepare for a job interview at LGPS Central
✨Know Your Alternatives Inside Out
Make sure you brush up on your knowledge of alternative investment strategies, especially those relevant to LGPS Central. Be prepared to discuss specific hedge funds, diversified growth funds, and other alternatives in detail. This shows that you're not just familiar with the concepts but can also apply them practically.
✨Demonstrate Your Collaborative Spirit
Since this role involves working closely with the Head of Alternatives and Hedging Solutions, highlight your experience in collaborative decision-making. Share examples of how you've successfully worked in teams to manage portfolios or develop investment solutions, showcasing your ability to build trusted relationships.
✨Showcase Your Research Skills
Prepare to discuss your approach to sourcing and researching alternative managers. Bring examples of past successes where your research led to effective investment decisions. This will demonstrate your analytical skills and your commitment to a transparent and repeatable investment process.
✨Emphasise Responsible Investment
LGPS Central is committed to responsible investment, so be ready to talk about how you've integrated ESG considerations into your previous roles. Discuss any frameworks you've used and how you've ensured compliance with risk policies, as this aligns perfectly with their values.
