At a Glance
- Tasks: Shape the future of investment by managing a growing Private Credit portfolio.
- Company: Join LGPS Central, a leader in sustainable investment and community impact.
- Benefits: Enjoy competitive salary, generous holidays, hybrid work, and wellness support.
- Other info: Collaborative environment with excellent career growth and learning opportunities.
- Why this job: Make a real difference in local communities through impactful investment strategies.
- Qualifications: Experience in Private Credit evaluation and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Join LGPS Central at a pivotal moment—where investment meets longterm impact. At LGPS Central, we're at the heart of one of the most exciting shifts in the pensions and investment industry. With the Government's Fit for Future agenda and wider pensions reform driving real change, now is the perfect time to join us and play a leading role in shaping how billions of pounds are invested for the benefit of local communities. We are seeking a highly motivated and skilled Portfolio Manager – Private Credit to join our growing Private Markets team within the Investment function at LGPS Central. Reporting to the Senior Portfolio Manager, you will contribute to the ongoing development and oversight of the Company's Private Credit portfolio, supporting the delivery of longterm, risk‐adjusted returns for our Partner Funds.
Private Credit Portfolio Overview
The Private Credit portfolio is expected to grow significantly and includes investments in corporate, infrastructure and real‐estate private debt. The role will involve detailed evaluation of investment opportunities, ongoing portfolio management and monitoring, and supporting the development of new investment strategies, in line with LGPS Central's investment beliefs and Responsible Investment principles. You'll be part of a collaborative team responsible for sourcing and managing high‐quality investment opportunities while maintaining strong governance, risk control, and alignment with the needs of LGPS Central's Partner Funds. This is a certified role under the Senior Managers & Certification Regime (SMCR) and is subject to Fitness and Propriety assessments and other regulatory requirements.
Responsibilities
- Support the design and delivery of LGPS Central's Private Credit strategy, contributing to the development of new fund vehicles, co-investment programmes, and bespoke investment structures that meet Partner Fund objectives.
- Lead on the structuring, onboarding and launch of new Private Credit funds, working closely with legal, compliance, operations and external advisers to ensure operational readiness and regulatory alignment.
- Conduct comprehensive due diligence and analysis of investment opportunities, including primary fund commitments, secondary transactions and co-investments across a range of private debt strategies.
- Prepare high‐quality investment papers, clearly articulating investment rationale, financial and credit analysis, risks, ESG considerations and value for money, and present recommendations to internal Investment Committees.
- Monitor and manage the performance of the Private Credit portfolio, including manager engagement, portfolio reviews, risk assessments, performance analysis and participation in LP Advisory Committees.
- Develop a forward‐looking risk assessment process including stress testing and scenario planning.
- Ensure all investment activity is compliant with internal governance, regulatory requirements (e.g. FCA, SM&CR) and the firm's Responsible Investment and Stewardship policies.
- Contribute to investment pipeline tracking and strategic asset allocation reviews, ensuring a forward‐looking approach to deployment and rebalancing across mandates.
- Deliver timely, accurate reporting to internal stakeholders and Partner Funds, including performance, risk, pipeline activity and ESG metrics, with input into board and committee materials.
- Act as a subject‐matter expert within Private Credit, supporting internal training, sharing market intelligence and participating in industry events and collaborative working groups.
- Work collaboratively across LGPS Central, partnering with colleagues in the Private Markets team, Investment Operations, Risk, Compliance and Responsible Investment to support a high‐performing, research‐led investment culture.
Partner Funds
- Cheshire Pension Fund
- Derbyshire Pension Fund
- Leicestershire Pension Fund
- Nottinghamshire Pension Fund
- Shropshire Pension Fund
- Staffordshire Pension Fund
- West Midlands Pension Fund
- Worcestershire Pension Fund
Requirements
- Proven experience in evaluating, pricing and monitoring Private Credit investment, investment origination, credit underwriting and negotiation of legal terms for primary fund commitments, co‐investments and private debt strategies.
- Strong understanding of credit risk analysis, credit risk metrics, covenant structures, investment documentation and portfolio construction principles.
- Familiarity with relevant regulatory and operational frameworks such as AIFMD, FCA regulations and private markets fund structures (e.g. LPAs, term sheets).
- Strong analytical, financial modelling and presentation skills, with the ability to distil complex information into clear, actionable insights.
- Stakeholder management and collaborative working with external managers, legal advisers and internal stakeholders to ensure effective investment execution and oversight.
- Awareness of ESG integration and responsible investment practices in credit portfolios.
- Excellent communication skills with the ability to produce clear, well‐structured reports and investment committee papers.
- A collaborative and professional approach, aligned with LGPS Central's values of transparency, rigour and long‐term sustainable investing.
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.
Benefits
- Competitive salary; 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 Employee Assistance Programme; 24/7 Health & Wellbeing Support; Vitality Private Medical Insurance; hybrid work; Company Service Awards; Cycle to Work Scheme; Company Electric Vehicle Scheme; Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022; Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023; Winner of Diversity and Inclusion Award LAPF In Investments Award 2023.
Portfolio Manager - Private Credit in West Bromwich employer: Occupop
At LGPS Central, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of the West Midlands. Our commitment to employee growth is reflected in our extensive learning and development opportunities, alongside a generous benefits package that includes a competitive salary, enhanced pension scheme, and family-friendly policies. Join us to be part of a collaborative team dedicated to making a meaningful impact in the investment landscape while enjoying a supportive culture that values transparency and long-term sustainability.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager - Private Credit in West Bromwich
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and investment sectors, especially those involved in private credit. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of credit risk analysis and investment strategies. Be ready to discuss your past experiences and how they align with LGPS Central's goals. Practice articulating your thoughts clearly and confidently.
✨Tip Number 3
Showcase your expertise! Create a portfolio that highlights your previous work in private credit, including any successful investments or projects. This will give you an edge and demonstrate your capability to manage their Private Credit portfolio.
✨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 contributing to their mission.
We think you need these skills to ace Portfolio Manager - Private Credit in West Bromwich
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Portfolio Manager role. Highlight your experience in private credit and how it aligns with LGPS Central's investment strategies. We want to see how you can contribute to our mission!
Showcase Your Skills:Don’t just list your qualifications—demonstrate them! Use specific examples from your past work that showcase your analytical skills, stakeholder management, and understanding of credit risk. This is your chance to shine!
Be Clear and Concise:When writing your application, keep it straightforward. Use clear language and structure your thoughts logically. We appreciate well-organised applications that get straight to the point—no fluff!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team at LGPS Central!
How to prepare for a job interview at Occupop
✨Know Your Private Credit Inside Out
Make sure you brush up on your knowledge of private credit investment strategies, including corporate, infrastructure, and real estate debt. Be prepared to discuss specific examples of how you've evaluated and managed similar portfolios in the past.
✨Showcase Your Analytical Skills
During the interview, highlight your analytical prowess by discussing your experience with credit risk analysis and financial modelling. Bring along examples of investment papers or reports you've prepared to demonstrate your ability to distil complex information into clear insights.
✨Understand Regulatory Frameworks
Familiarise yourself with relevant regulations like AIFMD and FCA guidelines. Be ready to discuss how these frameworks impact investment decisions and portfolio management, as this will show your understanding of the compliance landscape.
✨Emphasise Collaboration and Communication
Since the role involves working closely with various stakeholders, be prepared to share examples of how you've successfully collaborated with teams in the past. Highlight your communication skills by discussing how you've presented investment recommendations to committees or stakeholders.
