At a Glance
- Tasks: Lead local investment funds, conduct due diligence, and manage performance for impactful investments.
- Company: Join LGPS Central, a leading asset manager focused on responsible investment.
- Benefits: Enjoy competitive salary, generous holidays, hybrid working, and excellent development opportunities.
- Other info: Be part of a diverse team with a commitment to ethical investing and community impact.
- Why this job: Make a real difference in local communities through strategic investment management.
- Qualifications: Strong background in private markets and proven investment management experience required.
The predicted salary is between 43200 - 72000 £ per year.
Join LGPS Central at a pivotal moment-where investment meets long term impact. We're looking for a Senior Portfolio Manager - Local Investments to help build and manage our new local investment fund(s) and services. This role is central to delivering LGPS Central's Fit for the Future plan, supporting regional growth and the Government's ambition for more local investment through pooling. If you have strong private markets experience and a passion for creating positive local impact, this could be the next step in your investment career.
What you'll be doing:
- Lead the structuring and delivery of local investment fund(s) and services, working with internal teams and external advisors to ensure products meet investment objectives, government requirements and legislation.
- Conduct comprehensive due diligence and analysis of investment opportunities including but not limited to primary fund investments, co-investments across the capital structure and across asset classes.
- Monitor and manage the performance of local investments including legacy assets held by Partner Funds.
- Build and maintain relationships with appropriate market participants (e.g. fund managers, advisors, local authorities, combined authorities and other stakeholders).
- Develop a robust decision-making framework for the allocation of assets to the local investment portfolio.
- Support local investment reporting needs of Partner Funds, including assessment of local economic, social and environmental impact.
- Participate actively in the Investment Committee (IC), overseeing and advising on investment portfolios.
- Be an ambassador for LGPS Central within the investment community, Partner Funds, and with regulators and key stakeholders.
- Champion a rigorous culture of high performing, collaborative, research-based investing across LGPS Central.
- Line management responsibility and development of the Local Investment team.
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.
Requirements:
- The successful candidate will have a strong background in private markets ideally within an asset management setting, with exposure to pension fund or other institutional portfolios.
- Proven experience in making and managing local investments across private markets.
- Strong communication skills capable of articulating local private market portfolio construction and investment selection skills.
- Strong analytical, financial modelling, and presentation skills, with the ability to distil complex information into clear, actionable insights.
- Experience of collaborative investment decision making and portfolio management at a senior level.
- High degree of professional ethics, integrity, and gravitas.
Qualifications:
- Degree level or equivalent CFA or equivalent qualification/ relevant investment experience.
- Has or can meet all the requirements of being an FCA approved person.
What do we offer?
- 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 - Local Investments employer: LGPS Central
At LGPS Central, we pride ourselves on being an exceptional employer that champions responsible investment while fostering a collaborative and inclusive work culture. Located in the vibrant Wolverhampton Interchange, our team enjoys a hybrid working environment, competitive salaries, generous benefits including an enhanced pension scheme, and ample opportunities for professional growth. Join us to make a meaningful impact in local investments and be part of a company recognised for its commitment to diversity and employee well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Local Investments
✨Network Like a Pro
Get out there and connect with people in the investment community! Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Your Passion
When you get the chance to chat with hiring managers or during interviews, let your enthusiasm for local investments shine through. Share your ideas on how you can contribute to LGPS Central’s mission and make a positive impact. It’s all about showing you’re not just looking for a job, but a place where you can make a difference.
✨Prepare for the Interview
Do your homework before any interview! Understand LGPS Central’s goals, their Partner Funds, and the current trends in local investments. Prepare some thoughtful questions to ask them too; it shows you’re genuinely interested and engaged.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and really want to be part of our team at LGPS Central.
We think you need these skills to ace Senior Portfolio Manager - Local Investments
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Portfolio Manager role. Highlight your private markets experience and any relevant achievements that align with LGPS Central's goals. We want to see how you can contribute to local investments!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your passion for local impact investing and how your skills match the job description. We love seeing candidates who are genuinely excited about making a difference.
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to highlight your analytical and financial modelling skills in your application. We want to know how you can distil complex information into actionable insights!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application 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 LGPS Central
✨Know Your Stuff
Make sure you brush up on your knowledge of private markets and local investments. Understand the current trends, challenges, and opportunities in the sector. Being able to discuss recent developments or case studies will show that you're not just familiar with the basics but are genuinely engaged with the field.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical and financial modelling skills during the interview. You might be asked to evaluate a hypothetical investment opportunity, so practice breaking down complex information into clear, actionable insights. This will highlight your ability to assess performance and risk effectively.
✨Build Relationships
Since this role involves engaging with various stakeholders, think about how you can showcase your relationship-building skills. Prepare examples of how you've successfully collaborated with fund managers, advisors, or local authorities in the past. This will illustrate your ability to work well within a team and manage external partnerships.
✨Align with Their Values
LGPS Central is committed to responsible investment and making a positive local impact. Be ready to discuss how your values align with theirs and share any relevant experiences where you've contributed to social or environmental initiatives. This will demonstrate that you're not just a fit for the role but also for the company culture.
