Junior Portfolio Manager

Junior Portfolio Manager

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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Pension Protection Fund

At a Glance

  • Tasks: Manage cash portfolios and support investment strategies in a dynamic team.
  • Company: Join the Pension Protection Fund, a top UK pension scheme with a mission to protect futures.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Why this job: Make a real impact in the financial sector while developing your investment skills.
  • Qualifications: Experience in cash management and knowledge of fixed income markets preferred.
  • Other info: Diverse and inclusive workplace committed to supporting all applicants.

The predicted salary is between 36000 - 60000 £ per year.

Junior Investment Portfolio Manager / Investment Portfolio Manager – Liquidity Management (Cash/Cash+)

Location: Cannon Street, London – Office-Based

Salary: Dependent on experience

Tenure: Permanent

Position type: Full Time

At the Pension Protection Fund (PPF), our mission is clear: we provide vital compensation to members of eligible defined benefit pension schemes when their employer faces insolvency and the scheme lacks sufficient assets. We\’re here to protect futures and we do it with excellence.

With over £30 billion in assets under management and nearly 300,000 members, the PPF ranks among the top five pension schemes in the UK. Our award-winning team of c.450 professionals has earned the prestigious IPE Pension Fund of the Year title four times in the last five years, reflecting our commitment to innovation, integrity, and impact.

We\’re proud to play a unique and valuable role in the UK pension landscape. Our success is driven by our people, exceptional individuals who bring expertise, passion, and purpose to everything they do.

We\’re looking for a
Junior Portfolio Manager /Portfolio Manager
to join our Liquids team. This role exists to ensure that cash portfolios are managed with precision, balancing operational liquidity needs with prudent investment of surplus cash in line with the Fund\’s risk appetite and regulatory obligations.

The team currently manages around ~£6bn AUM in fixed income assets across the suite of cash/cash+, SSDC, global IG portfolios, predominantly managed in-house.

You\’ll be responsible for supporting the day-to-day management of short-term cash instruments, which covers internal Money market and Cash+ portfolios. The role includes contributing to funding and settlement processes and assisting in implementing tactical cash strategies aligning to PPF\’s investment framework. The role also provides exposure to broader treasury and investment operations and offering a strong foundation for growth within the organisation. Over time there is also potential involvement in internally managed Short Duration portfolios and External IG credit mandates.

We\’re looking for a seasoned investment professional with an expert grasp of global fixed income and money markets with a successful track record on a cash management / dealing desk. You\’ll be well versed in short term securities like Repo, Euro Commercial Paper, Bonds, Certificates of Deposit and Asset Backed Commercial Papers, and data tools such as Bloomberg, TradeWeb and Aladdin. An understanding of Money Market fund regulations is preferable, as is the possession of a strong market network of dealers / brokers. Experience with Aladdin portfolio management system is preferable but not a necessity.

Sound like you?
Apply now.

We are proud to be a Disability Confident Leader and actively encourage applications from people with disabilities. We are committed to ensuring our recruitment process is inclusive and accessible. If you require any reasonable adjustments during the recruitment process, please let us know. We are happy to discuss your needs and ensure you have the support required.

We embrace diverse talent welcoming people with different beliefs, backgrounds and ways of working. Whatever your background, and however you identify, you\’ll be welcome here.

No agencies please

Junior Portfolio Manager employer: Pension Protection Fund

At the Pension Protection Fund (PPF), we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our commitment to employee growth is reflected in our award-winning team culture, where innovation and integrity are at the forefront, providing ample opportunities for professional development. With a focus on inclusivity and diversity, we ensure that every team member feels valued and empowered to contribute to our mission of protecting futures.
Pension Protection Fund

Contact Detail:

Pension Protection Fund Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Junior Portfolio Manager

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance world, especially those who work in investment or liquidity management. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of cash management and fixed income markets. We want you to be able to discuss short-term securities confidently, so practice explaining concepts like Repo and Euro Commercial Paper as if you're teaching a friend.

✨Tip Number 3

Showcase your skills with real examples! When you get the chance to interview, share specific instances where you've successfully managed cash portfolios or contributed to tactical cash strategies. This will help us see how you can add value to our team.

✨Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you're genuinely interested in joining our award-winning team at the PPF.

We think you need these skills to ace Junior Portfolio Manager

Cash Management
Fixed Income Knowledge
Money Market Instruments
Repo Transactions
Euro Commercial Paper
Bonds
Certificates of Deposit
Asset Backed Commercial Papers
Data Analysis Tools (Bloomberg, TradeWeb, Aladdin)
Understanding of Money Market Fund Regulations
Market Networking with Dealers/Brokers
Tactical Cash Strategy Implementation
Operational Liquidity Management
Investment Framework Alignment

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Junior Portfolio Manager role. Highlight your experience with cash management and fixed income assets, and don’t forget to mention any relevant tools like Bloomberg or Aladdin that you’ve used.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with our mission at the Pension Protection Fund. Keep it concise but impactful!

Showcase Your Knowledge: Demonstrate your understanding of money markets and short-term securities in your application. Mention specific instruments you’ve worked with, like Repo or Euro Commercial Paper, to show us you know your stuff.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Pension Protection Fund

✨Know Your Cash Instruments

Make sure you brush up on your knowledge of short-term securities like Repo, Euro Commercial Paper, and Bonds. Being able to discuss these confidently will show that you understand the core responsibilities of the Junior Portfolio Manager role.

✨Familiarise Yourself with Tools

Get comfortable with data tools such as Bloomberg, TradeWeb, and Aladdin. If you can demonstrate familiarity with these platforms during your interview, it’ll give you a significant edge over other candidates.

✨Understand the PPF's Mission

Take some time to research the Pension Protection Fund and its mission. Understanding their commitment to protecting futures will help you align your answers with their values and show that you’re genuinely interested in the role.

✨Prepare for Technical Questions

Expect technical questions related to cash management and liquidity strategies. Practising your responses to potential scenarios will help you articulate your thought process clearly and effectively during the interview.

Junior Portfolio Manager
Pension Protection Fund
Location: London
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