At a Glance
- Tasks: Manage active equity portfolios and implement investment strategies for local authority pension funds.
- Company: Join LGPS Central, a leading asset manager with a focus on responsible investment.
- Benefits: Enjoy a competitive salary, generous pension scheme, and 30 days paid holiday.
- Other info: Hybrid working options and excellent career development opportunities await you.
- Why this job: Make a real impact in the investment world while working collaboratively with top professionals.
- Qualifications: Strong experience in active equities and portfolio management required.
The predicted salary is between 60000 - 80000 £ per year.
Location: Wolverhampton, West Midlands, England, United Kingdom
About LGPS Central
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands, jointly owned on an equal shares basis by the Partner Funds. It manages over £45bn of assets and is responsible for responsible investment across all asset classes.
Job Summary
As Portfolio Manager – Active Equities, you will work within the Active Equity Investment Team, reporting to a Senior Portfolio Manager. Your role will involve managing equity analysis and multi‐manager portfolios, implementing investment, responsible investment and risk & compliance policies, and ensuring compliance with the Senior Managers and Certification Regime.
Responsibilities
- Manage active multi‐manager equity sub‐funds and investment mandates.
- Own delivery of investment targets for Partner Funds, with clear documentation and auditability.
- Integrate and maintain Investment Committee investment policies and LGPS Central's responsible investment approach.
- Manage risk and compliance in line with the Company's Risk and Compliance Framework.
- Run mandates to deliver value for money for Partner Funds and identify opportunities to improve risk‐adjusted returns after charges.
- Provide documented assurance that portfolios remain within the Prospectus, Investment Management Agreement and Company policies.
- Contribute to a high‐performing, collaborative, research‐based and responsible investing culture.
- Act as an ambassador for LGPS Central with Partner Funds, regulators, stakeholders and the wider investment community.
- Support creation of new external mandates and the retender or consolidation of existing mandates.
- Take ownership of trading, company meetings, manager selection, transitions, investor relations and strategy development tasks.
- Lead quarterly meetings with external managers to stay close to market developments and manager performance.
- Work with colleagues to create value‐enhancing multi‐manager portfolios.
Qualifications and Experience
- Strong active equities experience in an asset‐management or institutional setting.
- Experience of collaborative investment decision‐making.
- Strong skills in selecting investments, documenting rationale, portfolio construction and ongoing monitoring.
- Proven experience managing investment portfolios or strong experience in equity analysis and stock picking.
- Ability to evaluate performance and risk objectively.
- Proven capability in manager research and selection, with clear articulation of 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.
- Holistic understanding of risk management within a multi‐manager structure.
- Degree level or equivalent qualification (CFA or other relevant investment experience).
- Must meet all requirements of a FCA approved person.
Benefits
- Competitive salary.
- Enhanced and generous pension scheme.
- 30 days paid holiday plus bank holidays.
- 2 days paid volunteering days.
- 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 Employee Assistance Programme.
- 247 health & wellbeing support.
- Vitality private medical insurance.
- Hybrid working.
- Company service awards, cycle‐to‐work scheme, company electric vehicle scheme.
Portfolio Manager - Active Equities in West Bromwich employer: Occupop
At LGPS Central, we pride ourselves on being an exceptional employer, offering a collaborative and high-performing work culture that prioritises responsible investment and employee growth. Located in Wolverhampton, our team enjoys competitive salaries, generous pension schemes, and extensive learning opportunities, alongside a commitment to work-life balance with hybrid working options and family-friendly policies. Join us to make a meaningful impact while advancing your career in a supportive environment dedicated to excellence in asset management.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager - Active Equities in West Bromwich
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. Show them you’re not just a fit for the role, but also a great cultural match for LGPS Central!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a simple gesture that shows your appreciation and keeps you fresh in their minds. We believe this small step can make a big difference in how you’re perceived.
✨Apply Through Our Website
When you find a role that excites you, apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive and engaged with our brand.
We think you need these skills to ace Portfolio Manager - Active Equities in West Bromwich
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Portfolio Manager role. Highlight your active equities experience and any relevant qualifications like CFA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter should tell us why you're passionate about responsible investment and how you can contribute to our team. Be genuine and let your personality shine through – we love a good story!
Showcase Your Achievements:When detailing your experience, focus on specific achievements in managing portfolios or selecting investments. Use numbers and examples to illustrate your impact – it helps us see your potential!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at Occupop
✨Know Your Numbers
As a Portfolio Manager – Active Equities, you'll need to demonstrate a solid grasp of financial metrics and performance indicators. Brush up on key statistics related to equity performance, risk management, and compliance frameworks. Be ready to discuss how you've used these metrics in past roles to drive investment decisions.
✨Showcase Your Collaborative Spirit
This role emphasises collaborative decision-making, so be prepared to share examples of how you've worked effectively within teams. Highlight any experiences where you’ve contributed to group discussions or led initiatives that required input from multiple stakeholders. This will show your potential employer that you can thrive in a team-oriented environment.
✨Prepare for Technical Questions
Expect technical questions about portfolio construction, risk assessment, and manager selection. Review your past experiences and be ready to articulate your thought process behind investment choices. Use specific examples to illustrate your analytical skills and decision-making capabilities, as this will help you stand out.
✨Engage with the Company’s Values
LGPS Central places a strong emphasis on responsible investment. Familiarise yourself with their investment policies and be prepared to discuss how you align with their values. Share your thoughts on responsible investing and how you’ve integrated these principles into your previous work, showing that you’re not just a fit for the role but also for the company culture.
