At a Glance
- Tasks: Manage investment portfolios and build relationships with external equity managers.
- Company: Join LGPS Central, a leading asset manager for local authority pension funds.
- Benefits: Enjoy a generous pension scheme, hybrid working, and health support.
- Why this job: Make a real impact in responsible investment while developing your career.
- Qualifications: Strong experience in active equities and collaborative decision-making required.
- Other info: Dynamic work environment with a focus on diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Join LGPS Central at a pivotal moment—where investment meets long term impact. We are recruiting a Senior Portfolio Manager, Active Equities to take responsibility for multiple investment mandates and relationships with a range of external equity managers. Based in Wolverhampton, you will play a key role in building a professional, high performing Active Equity investment function, combining portfolio oversight, equity analysis and strategic input. You will also support the Investment Director and ensure the capability and capacity of your team continues to meet Partner Fund needs. This is a certified role under the Senior Managers and Certification Regime and is subject to Fitness and Propriety assessments and other regulatory requirements.
What you'll be doing
- Managing value enhancing multi manager portfolios, sub funds and investment mandates, including tactical and strategic asset allocation.
- Deputising for the Investment Director(s) when required, including attending Investment Committee and client meetings, and supporting committee presentations.
- Delivering and evidencing investment targets for Partner Funds across your mandates.
- Ensuring your team integrates, documents and maintains Investment Committee policies for the portfolios you oversee, including LGPS Central’s responsible investment approach.
- Embedding and monitoring risk and compliance across your portfolios and team in line with the Risk and Compliance Framework.
- Running mandates to deliver value for money for Partner Funds and identifying opportunities to improve risk adjusted returns after charges.
- Providing assurance to the Head of Listed Equities that portfolios are managed within prospectus or mandate parameters and Company policies.
- Following established processes for creating new external mandates or developing existing products.
- Ensuring manager selection, appointment, monitoring, reporting, retendering and transitions follow the framework set by the Investment Committee.
- Leading by example to create a rigorous, high performing, collaborative, research led and responsible investing culture.
- Acting as an ambassador for LGPS Central with Partner Funds, regulators, stakeholders and the investment community.
- Leading delivery of projects set by the Head of Listed Equities or Investment Director(s), ensuring they are resourced, delivered on time and to budget.
- Delivering a transparent, auditable and repeatable investment process across portfolios and team activity.
- Line managing and developing Portfolio Managers and other team members.
- Leading quarterly meetings with external managers to stay close to market developments and performance.
- Continually improving the team’s approach and process, inspiring colleagues to contribute to better outcomes.
- Presenting clearly to stakeholders, including Partner Funds, councillors, consultants and internal colleagues, explaining strategy and performance.
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 Fund, 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. 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
- You will bring strong active equities experience, ideally within an asset management or institutional setting, alongside:
- Experience of collaborative investment decision making.
- Strong skills in selecting investments, documenting the rationale, portfolio construction and ongoing monitoring.
- Proven experience managing investment portfolios successfully and or strong experience in equity analysis and stock picking.
- Ability to evaluate performance and risk objectively.
- A proven capability in manager research and selection, including understanding and clearly articulating manager strategies.
- Experience across different segments of the equity landscape.
- Confidence engaging with external managers and building effective, long term relationships.
- Skill in constructing and managing multi manager portfolios.
- A holistic understanding of risk management and its application within a multi manager structure.
Qualifications
- Degree level or equivalent.
- 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 247 Health & Wellbeing Support.
- Vitality Private Medical Insurance.
- Hybrid Working.
- Company Service Awards.
- Cycle to Work Scheme.
- Company Electric Vehicle Scheme.
Senior Portfolio Manager - Active Equities in Wolverhampton employer: LGPS Central
Contact Detail:
LGPS Central Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Portfolio Manager - Active Equities in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment world, especially those who might know someone at LGPS Central. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into LGPS Central's values and recent projects. Show us you’re not just another candidate; demonstrate how your experience aligns with our mission of responsible investment.
✨Tip Number 3
Practice your pitch! Be ready to explain your portfolio management strategies and how you've successfully navigated challenges in the past. We want to see your thought process and how you can add value.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email reiterating your enthusiasm for the role can leave a lasting impression. It shows us you’re genuinely interested in being part of our team.
We think you need these skills to ace Senior Portfolio Manager - Active Equities in Wolverhampton
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 active equities experience and how it aligns with LGPS Central's mission. We want to see how you can bring value to our team!
Showcase Your Skills: Don’t just list your skills—demonstrate them! Use specific examples from your past experiences that showcase your portfolio management, equity analysis, and strategic input. This is your chance to shine, so let us know what you can do!
Be Clear and Concise: When writing your application, keep it clear and to the point. We appreciate well-structured applications that are easy to read. Make sure to communicate your ideas effectively, as this reflects your ability to present to stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details about the role and our company culture there!
How to prepare for a job interview at LGPS Central
✨Know Your Portfolio Inside Out
Before the interview, make sure you thoroughly understand the portfolios you’ve managed in the past. Be ready to discuss specific strategies, asset allocations, and how you've achieved value-enhancing outcomes. This will show your depth of knowledge and experience in active equities.
✨Demonstrate Collaborative Decision-Making Skills
Since the role involves collaborative investment decision-making, prepare examples that highlight your ability to work effectively with teams. Think about times when you’ve successfully led discussions or contributed to group decisions, especially in high-stakes situations.
✨Showcase Your Risk Management Expertise
Be prepared to discuss your approach to risk management within a multi-manager structure. Highlight any frameworks or processes you’ve implemented to monitor compliance and performance, as this is crucial for the role at LGPS Central.
✨Engage with External Managers
Since building long-term relationships with external managers is key, think of examples where you’ve successfully engaged with them. Discuss how you’ve maintained these relationships and any strategies you’ve used to ensure alignment with investment goals.