At a Glance
- Tasks: Lead the development of innovative hedging investment solutions and manage diverse portfolios.
- Company: Join LGPS Central, a leading asset manager for local authority pension funds.
- Benefits: Enjoy competitive salary, generous pension scheme, and 30 days paid holiday.
- Other info: Hybrid working, excellent learning opportunities, and a supportive team culture.
- Why this job: Make a real impact on investment strategies while supporting sustainable practices.
- 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.
The role includes responsibility for research, portfolio construction, manager selection, oversight and ongoing monitoring, ensuring 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.
Key Responsibilities- 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 LGPS Central
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. It manages £100bn+ of assets for its Partner Fund, and is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.
Requirements- Significant experience in sourcing, researching and monitoring hedging strategies and solutions, including portfolio construction
- Experience in managing and overseeing 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
- 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
- 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 – 24‑7 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
Senior Portfolio Manager - Hedging employer: Occupop
At LGPS Central, we pride ourselves on being an exceptional employer that champions a collaborative and inclusive work culture in Wolverhampton. Our commitment to employee growth is evident through our extensive learning and development opportunities, alongside generous benefits such as a competitive salary, enhanced pension scheme, and family-friendly policies. Join us in making a meaningful impact while enjoying a supportive environment that values your contributions and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Manager - Hedging
✨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 recent projects and their impact on the community. Show us you’re not just interested in the role but also in how you can contribute to our mission of responsible investment.
✨Tip Number 3
Practice your presentation skills! You might need to present your portfolio strategies or performance to stakeholders. Being clear and confident will help you stand out as a credible candidate.
✨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.
We think you need these skills to ace Senior Portfolio Manager - Hedging
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 hedging strategies. We want to see how your skills align with our needs at LGPS Central, so don’t hold back on showcasing your relevant achievements!
Showcase Your Leadership Skills:As a senior role, we’re keen on seeing your leadership capabilities. Share examples of how you've managed teams or projects in the past, especially in investment decision-making. This will help us understand how you can contribute to our high-performing culture.
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language and structure your thoughts logically. We appreciate a well-organised application that makes it easy for us to see your qualifications and fit for the role.
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 gives you a chance to explore more about LGPS Central and what we stand for.
How to prepare for a job interview at Occupop
✨Know Your Hedging Strategies
Make sure you brush up on your knowledge of hedging strategies and portfolio construction. Be prepared to discuss specific examples from your past experience where you've successfully sourced or managed hedging solutions. This will show that you not only understand the theory but also have practical insights.
✨Showcase Your Stakeholder Management Skills
Since this role involves building relationships with Partner Funds and other stakeholders, think of instances where you've effectively communicated complex investment strategies. Prepare to share how you’ve navigated challenging conversations or built credibility in previous roles.
✨Demonstrate Your Leadership Qualities
As a senior member of the team, you'll need to exhibit strong leadership skills. Think about times when you've led a project or mentored others. Be ready to discuss how you foster a collaborative team culture and how you can contribute to LGPS Central's investment culture.
✨Prepare for Compliance and Risk Questions
Given the importance of governance and compliance in this role, review LGPS Central's risk and compliance frameworks. Be prepared to discuss how you've integrated responsible investment considerations into your previous work and how you ensure adherence to internal policies.
