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 competitive salary, generous holiday, hybrid working, and excellent development opportunities.
- Other info: Dynamic work environment with a focus on diversity and employee well-being.
- Why this job: Make a real impact in responsible investment while leading a high-performing team.
- Qualifications: Strong experience in active equities and collaborative decision-making required.
The predicted salary is between 60000 - 80000 £ per year.
Join LGPS Central at a pivotal moment, where active management, responsible investment and long term outcomes come together. 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. 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 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 - Active Equities employer: Occupop
At LGPS Central, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work culture that prioritises employee well-being and professional growth. Located in the vibrant city of Wolverhampton, our team enjoys a hybrid working environment, competitive salaries, and a comprehensive benefits package, including generous holiday allowances and enhanced parental pay. Join us in our commitment to responsible investment and be part of a high-performing team dedicated to delivering superior outcomes for our Partner Funds.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Active Equities
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching LGPS Central and their investment strategies. Understand their approach to responsible investing and be ready to discuss how your experience aligns with their goals. Tailor your responses to show you’re not just a fit for the role, but also for their culture.
✨Tip Number 3
Practice your pitch! Be clear and concise about your experience in managing multi-manager portfolios and your approach to risk management. Use specific examples to demonstrate your skills in equity analysis and stock picking. Confidence is key!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining LGPS Central and being part of their mission to deliver superior investment returns.
We think you need these skills to ace Senior Portfolio Manager - Active Equities
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 our values at LGPS Central. We want to see how you can contribute to our mission!
Showcase Your Achievements:Don’t just list your responsibilities; share your successes! Use specific examples of how you've managed portfolios or improved investment outcomes. This helps us understand the impact you've made in previous roles.
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications and fit for the role.
Apply Through Our Website:We encourage you 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 position. Plus, it’s super easy to do!
How to prepare for a job interview at Occupop
✨Know Your Active Equities Inside Out
Make sure you brush up on your knowledge of active equities and the specific investment strategies relevant to the role. Be prepared to discuss your experience with portfolio management, tactical asset allocation, and how you've successfully managed investment mandates in the past.
✨Showcase Your Collaborative Skills
Since this role involves working closely with external managers and internal teams, highlight your experience in collaborative decision-making. Share examples of how you've built effective relationships and contributed to a high-performing team environment.
✨Prepare for Technical Questions
Expect to face technical questions related to risk management, performance evaluation, and manager selection. Brush up on your analytical skills and be ready to discuss how you've applied these in real-world scenarios, particularly in multi-manager portfolios.
✨Communicate Clearly and Confidently
As you'll be presenting to stakeholders and attending Investment Committee meetings, practice articulating your thoughts clearly. Prepare to explain your investment strategies and performance metrics in a way that is easy to understand, ensuring you can engage effectively with both financial experts and non-experts alike.
