At a Glance
- Tasks: Lead the development of innovative hedging 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.
- Other info: Be part of a diverse team committed to excellence and continuous improvement.
- Why this job: Make a real impact in investment management while shaping the future of pension funds.
- Qualifications: Significant experience in hedging strategies and strong interpersonal skills required.
The predicted salary is between 60000 - 80000 £ per year.
Join LGPS Central at a pivotal moment, where investment meets long-term impact. This role is based in Wolverhampton and will play a key part in developing and delivering LGPS Central’s hedging investment solutions in support of the government’s Fit for the Future agenda. The postholder will work closely with the Head of Alternatives & Hedging Solutions to build, implement and manage hedging portfolio solutions that meet the needs of Partner Funds and wider stakeholders. This will include responsibility for research, portfolio construction, manager selection, oversight and ongoing monitoring, while ensuring that portfolios are managed in line with LGPS Central’s investment, responsible investment, risk and compliance frameworks.
As a senior member of the team, the postholder will also help shape the development of the function, contribute to a strong investment culture, and represent LGPS Central credibly with Partner Funds, managers and other key stakeholders. This role is a certified role under the Senior Manager’s Certification Regime and will be subject to assessments in Fitness and Propriety and any other regulatory requirements.
What You'll Be Doing
- Investment Strategy and Portfolio Management
- Work with the Head of Alternatives & Hedging Solutions on the development and implementation of hedging investment solutions
- Support the design of solutions that meet Partner Fund requirements, government expectations and relevant legislative or regulatory requirements
- Build and manage multi-manager hedging portfolio solutions
- Contribute strategic views and implement investment decisions within agreed mandates and governance parameters
- Lead or support strategy research, manager selection, portfolio construction and ongoing portfolio monitoring
- Ensure portfolios are managed within agreed objectives, limits and risk parameters
- Oversight, Monitoring and Reporting
- Deliver a transparent, auditable and repeatable investment process for hedging solutions
- Source and assess appropriate investment opportunities and external managers
- Oversee and monitor managers and portfolio holdings on an ongoing basis
- Evaluate portfolio performance, risk, implementation and outcomes, and escalate issues where appropriate
- Help ensure that reporting for hedging solutions meets the needs of Partner Funds and internal stakeholders
- Governance, Risk and Compliance
- Embed and monitor risk and compliance requirements in line with the Company’s Risk and Compliance Framework
- Support the development and operation of an appropriate first line of defence control framework within the Investment Team
- Ensure investment activity is delivered in line with internal policies, governance standards and delegated authority arrangements
- Integrate LGPS Central’s responsible investment approach into the investment process and culture, including consideration of ESG risks and stewardship-related factors where relevant
- Leadership and Team Contribution
- Deputise for the Head of Alternatives & Hedging Solutions when required, including at Investment Committee, client meetings and committee presentations
- Assist with recruitment and the ongoing development of team capability as the function grows
- Line manage and support analysts where applicable, helping to build a high-performing and collaborative team culture
- Champion a rigorous, research-based and accountable investment culture across LGPS Central
- Take responsibility for projects delegated by the Investment Directors and ensure they are appropriately resourced and delivered on time and to budget
- Stakeholder Engagement
- Build strong and credible relationships with Partner Funds, colleagues, managers and other external stakeholders
- Act as an ambassador for LGPS Central within the investment community and with relevant stakeholders
- Present clearly and confidently on portfolio matters, strategy and performance where required
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 Funds, 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. 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
- Significant experience in sourcing, researching and monitoring hedging strategies and solutions, including portfolio construction
- Experience in the management and oversight of investment portfolios, including evaluation of performance and risk
- Experience of collaborative investment decision-making and portfolio management at a senior level
- Strong understanding of external manager research, selection and oversight
- Strong interpersonal, communication and stakeholder management skills
- Good people management capability and the ability to support and develop others
- Ability to build credibility and effective working relationships across a wide stakeholder group
- High degree of professional ethics, integrity and judgement
- Experience of working with institutional investors, pooled funds or manager of managers structures
- Knowledge of the LGPS, public sector pensions environment, or regulated asset management environment
- Experience of presenting to committees, boards or client groups
- Familiarity with responsible investment considerations in portfolio design and oversight.
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
- 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
Senior Portfolio Manager - Hedging in Wolverhampton employer: LGPS Central
At LGPS Central, we pride ourselves on being an exceptional employer that champions a diverse and inclusive work culture, offering a hybrid working environment 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, enhanced parental pay, and health support. Join us in making a meaningful impact through responsible investment while enjoying a supportive atmosphere that values collaboration and innovation.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Hedging in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to your connections in the investment community, especially those who might have insights into LGPS Central. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨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 and long-term impact.
✨Tip Number 3
Practice your pitch! Be ready to clearly articulate your portfolio management strategies and how they can benefit LGPS Central. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Senior Portfolio Manager - Hedging in Wolverhampton
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in hedging strategies and portfolio management. We want to see how your skills align with our mission at LGPS Central!
Showcase Your Impact:When detailing your past roles, focus on the impact you've made. Use specific examples of how you've contributed to investment decisions or improved portfolio performance. We love seeing results!
Be Clear and Concise:Keep your application straightforward and to the point. Avoid jargon unless it's relevant, and make sure your key achievements stand out. We appreciate clarity as much as you do!
Apply Through Our Website:Don’t forget to submit your application through our official website. It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity!
How to prepare for a job interview at LGPS Central
✨Know Your Stuff
Make sure you brush up on your knowledge of hedging strategies and portfolio management. Familiarise yourself with LGPS Central’s investment philosophy and the specific needs of Partner Funds. This will help you demonstrate your expertise and show that you're genuinely interested in the role.
✨Showcase Your Leadership Skills
As a senior position, they’ll be looking for strong leadership qualities. Prepare examples of how you've successfully managed teams or projects in the past. Highlight your ability to build relationships and foster a collaborative culture, as this is key to the role.
✨Prepare for Technical Questions
Expect to face technical questions related to portfolio construction, risk management, and compliance frameworks. Brush up on relevant regulations and be ready to discuss how you would approach various scenarios. This will show your analytical skills and understanding of the investment landscape.
✨Engage with Stakeholders
Think about how you would engage with different stakeholders, from Partner Funds to external managers. Prepare to discuss your communication style and how you build credibility. Being able to articulate your thoughts clearly will be crucial during the interview.
