At a Glance
- Tasks: Support Portfolio Managers in delivering tailored investment solutions and managing client relationships.
- Company: Join a leading firm in wealth management with a focus on innovation and client service.
- Benefits: Gain valuable experience, professional development opportunities, and a supportive team environment.
- Other info: Dynamic role with opportunities for growth into a Portfolio Manager position.
- Why this job: Kickstart your career in finance while making a real impact on clients' investment journeys.
- Qualifications: A passion for finance, strong communication skills, and a willingness to learn.
The predicted salary is between 30000 - 40000 £ per year.
The Model Portfolio Service (MPS) team forms part of the firm’s IFA Portfolio Management function and is responsible for delivering investment services to financial advice firms. This role will work with the Bespoke MPS team, supporting the delivery of tailored portfolio solutions, working closely in partnership with the Business Development team and the wider Portfolio Management function to provide a high-quality service to advisers and clients.
Brief Role Objective
To provide investment and operational support to Portfolio Managers managing bespoke MPS portfolios and the IFA client base. Responsible for ensuring that investment, administrative, organisational and client related tasks are completed accurately, efficiently and in a timely manner. You will have regular contact with the IFA client base, dealing with their enquiries and providing investment and operational support around periodic investment committee meetings. The candidate will be expected to provide ongoing operational support to the wider MPS team and develop investment and macroeconomic knowledge, with a view to progressing through the ranks into becoming a Portfolio Manager.
Key Responsibilities
- Assisting in portfolio construction and investment analysis related tasks.
- Performance oversight, risk analysis and reporting for BMPS team.
- Assist the team with all aspects of relationship management, including dealing with IFA queries relating to literature, platform queries, and ad hoc queries from IFAs on performance, access to portfolios, analysis on portfolios, valuations.
- Attending research calls to build strong knowledge of funds held in client portfolios.
- Responsible for the production of monthly and quarterly reports for IFA client base.
- Prepare supporting documentation for client investment committee meetings including writing commentary, presentations and factsheets.
- Provide support on the administration for the wider MPS team as required.
- Assist with written communications / white papers, including weekly snapshots and quarterly client reports.
- Assist with ad hoc projects as directed.
- Attend internal & virtual IFA meetings with Portfolio Managers, acting in a support capacity and taking investment committee minutes.
- Develop investment knowledge by reading internal and external investment research.
Your profile
Key Skills and Technical Requirements
- Ideally previous experience in Front Office environment, ideally within Wealth Management.
- Undertakes professional development, such as completing annual CPD (log to be maintained).
- Working towards Level 4 CISI Investment Advice Diploma/Investment Management Certificate.
- Ability to take initiative for their own work, a self-starter and team player.
- Willing to learn quickly and adapt in fast paced environment.
- Deals with all matters promptly, professionally and effectively without being reminded.
- Conducts role in accordance with LGT’s procedures, within individual authorisation levels and in a compliant manner.
- Readily assists the team and the Firm in achieving its objectives.
- Undertakes other tasks or specific project work as and when requested by the Portfolio Managers.
- Makes effective use of time in order to carry out tasks to the appropriate standard.
- Adhere to all company-wide policies, procedures and compliance requirements.
Other Skills and Attributes
- Good working knowledge of the Microsoft Office suite of products.
Trainee Portfolio Manager employer: LGT Group
As a Trainee Portfolio Manager at our firm, you will be part of a dynamic and supportive team within the Model Portfolio Service (MPS) that prioritises professional development and collaboration. Our work culture fosters continuous learning and growth, providing you with the opportunity to develop your investment knowledge while working closely with experienced Portfolio Managers and the Business Development team. Located in a vibrant financial hub, we offer a range of benefits including competitive remuneration, ongoing training, and a commitment to maintaining a healthy work-life balance, making us an excellent employer for those seeking a rewarding career in wealth management.
StudySmarter Expert Advice🤫
We think this is how you could land Trainee Portfolio Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their investment strategies and be ready to discuss how your skills align with their goals. This shows you're genuinely interested and not just another candidate.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to build confidence. Focus on articulating your experiences and how they relate to the role of a Trainee Portfolio Manager.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Trainee Portfolio Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Trainee Portfolio Manager role. Highlight any relevant experience in investment analysis or client management, and don’t forget to mention your willingness to learn and adapt!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about portfolio management and how your background makes you a great fit for our MPS team. Be genuine and let your personality come through!
Show Off Your Knowledge:We love candidates who are proactive about their learning. Mention any recent investment research you've read or courses you're taking. This shows us you're serious about developing your investment knowledge and progressing in your career.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at LGT Group
✨Know Your Investment Basics
Before the interview, brush up on your investment and macroeconomic knowledge. Familiarise yourself with key concepts related to portfolio management and be ready to discuss how they apply to the role. This will show your enthusiasm and readiness to contribute to the team.
✨Prepare for Client Interactions
Since you'll be dealing with IFA clients, think about how you would handle common queries or concerns they might have. Practising responses to potential questions can help you feel more confident and demonstrate your understanding of client relationship management.
✨Showcase Your Team Spirit
This role requires collaboration with various teams, so be prepared to share examples of how you've successfully worked in a team environment. Highlight your ability to support others and take initiative, as these traits are crucial for success in this position.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask thoughtful questions about the MPS team and their current projects. This not only shows your interest in the role but also gives you a chance to learn more about how you can fit into their objectives and culture.
