At a Glance
- 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 excellent learning opportunities.
- Other info: Hybrid working environment with a commitment to diversity and inclusion.
- Why this job: Make a real impact in the investment world while championing a collaborative culture.
- Qualifications: Experience in sourcing and managing Alternatives managers, strong communication skills required.
The predicted salary is between 43200 - 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 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.
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
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.
Senior Portfolio Manager - Alternatives in Wolverhampton employer: LGPS Central
At LGPS Central, we pride ourselves on being an exceptional employer that champions a collaborative and high-performing culture. Our commitment to responsible investment, coupled with a diverse hybrid working environment in the heart of Wolverhampton, offers employees not only competitive salaries and generous benefits but also ample opportunities for professional growth and development. Join us as we shape innovative investment solutions that make a meaningful impact for our Partner Funds and the communities they serve.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Alternatives in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment world, especially those who are already at LGPS Central or similar firms. A friendly chat can sometimes 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; you’re genuinely interested in how we’re shaping the future of investment solutions.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop us a thank-you email. It’s a great way to reiterate your enthusiasm for the role and keep you fresh in our minds.
✨Tip Number 4
Check out our website regularly for new opportunities. We often post roles there first, so staying updated can give you a head start on your application!
We think you need these skills to ace Senior Portfolio Manager - Alternatives in Wolverhampton
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with Alternatives and portfolio management. We want to see how your skills align with what we're looking for at LGPS Central!
Showcase Your Passion:Let us know why you're excited about the role and our mission. Share your enthusiasm for responsible investment and how you can contribute to our team’s success in building innovative investment solutions.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and experiences stand out without unnecessary fluff.
Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way to ensure we receive your details and can review your application promptly. Plus, it shows you’re keen on joining us!
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. Be prepared to discuss specific hedge funds, diversified growth funds, and other liquid or semi-liquid strategies. This will show that you’re not just familiar with the concepts but can also apply them in real-world scenarios.
✨Demonstrate Your Research Skills
Come equipped with examples of how you've sourced and monitored alternatives managers in the past. Discuss your due diligence process and how you evaluate performance and risk. This will highlight your analytical skills and your ability to make informed decisions.
✨Showcase Your Leadership Experience
Since this role involves managing a team and supporting recruitment, be ready to share your experiences in leading and coaching junior colleagues. Talk about how you foster collaboration and build a high-performing culture, as this aligns with LGPS Central's values.
✨Prepare for Stakeholder Engagement
As you'll be presenting to internal and external stakeholders, practice articulating your ideas clearly and confidently. Think about how you can convey complex information in an understandable way, and be ready to answer questions about your investment strategies and their alignment with government policies.
