At a Glance
- Tasks: Design and manage innovative Alternatives investment solutions for local authority pension funds.
- Company: Join LGPS Central, a leading asset manager with a commitment to responsible investment.
- Benefits: Enjoy competitive salary, generous pension scheme, 30 days holiday, and hybrid working.
- Other info: Be part of a diverse team with excellent career growth and development opportunities.
- Why this job: Make a real impact in the investment world while supporting community-focused pension funds.
- Qualifications: Experience in Alternatives portfolio management and strong communication skills required.
The predicted salary is between 60000 - 80000 £ per year.
Join LGPS Central at an exciting moment in our evolution as we build new investment solutions that support the government's Fit for the Future agenda. We are looking for a Senior Portfolio Manager for Alternatives to help design, develop and manage our new Alternatives investment fund solutions.
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 assigned by the Investment Director 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?
- 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 - Alternatives employer: Occupop
LGPS Central is an exceptional employer, offering a collaborative and high-performing culture that prioritises responsible investment and employee well-being. With a competitive salary, generous pension scheme, and extensive learning and development opportunities, employees are supported in their professional growth while enjoying a hybrid working environment in the heart of Wolverhampton. The company’s commitment to diversity and inclusion, alongside its recognition as a Family Friendly Employer, makes it an attractive place for those seeking meaningful and rewarding careers in investment management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Alternatives
✨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 introduction can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of Alternatives investment strategies. Be ready to discuss how you can contribute to LGPS Central's goals and demonstrate your understanding of responsible investment.
✨Tip Number 3
Showcase your leadership skills! If you've got experience managing teams or mentoring junior colleagues, make sure to highlight that. LGPS Central values collaboration and a high-performing culture, so let them know you're a team player.
✨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 being part of the LGPS Central family.
We think you need these skills to ace Senior Portfolio Manager - Alternatives
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in sourcing and managing Alternatives portfolios. We want to see how your skills align with our mission at LGPS Central!
Showcase Your Communication Skills:Since strong communication is key for this role, don’t forget to demonstrate your interpersonal skills in your application. Share examples of how you've built trusted relationships in previous roles.
Highlight Your Leadership Experience:If you’ve led or coached junior colleagues, make that shine in your application! We’re looking for someone who can help build out our Alternatives team, so any relevant experience will be a plus.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Occupop
✨Know Your Alternatives Inside Out
Make sure you brush up on your knowledge of alternatives investment strategies. Be ready to discuss specific examples of how you've sourced, researched, and monitored alternative managers in the past. This will show that you not only understand the theory but also have practical experience.
✨Showcase Your Collaborative Spirit
Since this role involves working closely with the Head of Alternatives and other stakeholders, be prepared to share examples of how you've successfully collaborated in previous roles. Highlight your communication skills and how you've built trusted relationships in a team setting.
✨Demonstrate Your Ethical Approach
LGPS Central places a strong emphasis on responsible investment and ethics. Be ready to discuss how you've integrated ESG considerations into your investment processes and how you ensure compliance with risk policies. This will resonate well with their values.
✨Prepare for Scenario-Based Questions
Expect questions that assess your decision-making skills in real-world scenarios. Think about challenges you've faced in managing portfolios and how you navigated them. This will help you demonstrate your judgement and professional ethics effectively.
