Junior Portfolio Manager / Portfolio Manager
Junior Portfolio Manager / Portfolio Manager

Junior Portfolio Manager / Portfolio Manager

City of 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 contribute to tactical cash strategies.
  • Company: Join the award-winning Pension Protection Fund, a leader in UK pensions.
  • Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
  • Why this job: Make a real impact on financial futures while developing your investment skills.
  • Qualifications: Experience in global fixed income and money markets is essential.
  • Other info: Dynamic team environment with a commitment to diversity and inclusion.

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

Overview

Join to apply for the Junior Portfolio Manager / Portfolio Manager role at Pension Protection Fund

Salary: Dependent on experience

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.

Responsibilities

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, including 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 offers a strong foundation for growth within the organisation. Over time there is potential involvement in internally managed Short Duration portfolios and External IG credit mandates.

Qualifications

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.

How to apply

Sound like you? Apply now.

EEO and accessibility

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

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Junior Portfolio Manager / Portfolio Manager employer: Pension Protection Fund

At the Pension Protection Fund, we pride ourselves on being an exceptional employer that values innovation, integrity, and impact. Our collaborative work culture fosters professional growth, offering employees the opportunity to develop their skills within a prestigious organisation that manages over £30 billion in assets. With a commitment to inclusivity and support for diverse talent, we provide a meaningful and rewarding environment for those looking to make a difference in the UK pension landscape.
Pension Protection Fund

Contact Detail:

Pension Protection Fund Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Junior Portfolio Manager / Portfolio Manager

✨Tip Number 1

Network like a pro! Reach out to professionals in the finance and investment sectors, especially those who work with cash management. A friendly chat can lead to valuable insights and even job leads.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of fixed income and money markets. Be ready to discuss your experience with short-term securities and how you can contribute to the PPF's mission.

✨Tip Number 3

Showcase your skills with data tools like Bloomberg and Aladdin. If you’ve got experience, make sure to highlight it during conversations or interviews. It’s all about demonstrating your expertise!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team at the Pension Protection Fund.

We think you need these skills to ace Junior Portfolio Manager / 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 Strategies
Investment Framework Alignment
Operational Liquidity Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Junior Portfolio Manager role. Highlight relevant experience in cash management and fixed income, and don’t forget to mention any 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 Pension Protection Fund's mission and how your skills align with the responsibilities of the role. Keep it concise but impactful!

Showcase Your Expertise: In your application, be sure to showcase your understanding of short-term securities and money market regulations. We want to see that you know your stuff and can bring valuable insights to our team.

Apply Through Our Website: Don’t forget to apply 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 fantastic team!

How to prepare for a job interview at Pension Protection Fund

✨Know Your Numbers

Make sure you brush up on your knowledge of fixed income and money markets. Be prepared to discuss specific instruments like Repo, Euro Commercial Paper, and Bonds. Showing that you understand these concepts will demonstrate your expertise and readiness for the role.

✨Familiarise with Tools

Get comfortable with data tools mentioned in the job description, such as Bloomberg and Aladdin. If you can, practice using them before the interview. Being able to talk about how you've used these tools in past roles will give you an edge.

✨Understand the PPF's Mission

Research the Pension Protection Fund and its mission to protect futures. Be ready to explain how your values align with theirs and how you can contribute to their goals. This shows that you're not just looking for any job, but that you're genuinely interested in being part of their team.

✨Prepare Questions

Have a few thoughtful questions ready to ask at the end of your interview. This could be about their investment strategies or how they manage liquidity needs. It shows that you're engaged and thinking critically about the role and the organisation.

Junior Portfolio Manager / Portfolio Manager
Pension Protection Fund
Location: City of London
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