At a Glance
- Tasks: Manage a multi-billion LDI portfolio and execute trades while generating innovative ideas.
- Company: Join the Pension Protection Fund, a leader in retirement security for millions across the UK.
- Benefits: Competitive salary, discretionary bonus, and a supportive environment for career development.
- Other info: Diverse and inclusive workplace welcoming all backgrounds and identities.
- Why this job: Make a real impact on retirement security while working with a top-tier investment team.
- Qualifications: Experience in portfolio management or trade execution in a UK LDI or fixed income setting.
The predicted salary is between 120000 - 130000 £ per year.
Salary: £120,000-£130,000 per annum + discretionary completion bonus
Tenure: 15 month fixed-term contract – maternity cover
Position type: Full Time
The vacancy
At the Pension Protection Fund (PPF), we provide security in retirement for our members and millions of people throughout the UK who belong to defined benefit (DB) pension schemes. Through the PPF and Financial Assistance Scheme (FAS), we compensate members for their pensions after the employer funding their pension becomes insolvent. In total, we look after over 400,000 members across the PPF and FAS. With over £30 billion in assets under management, our investments support long-term economic growth across the UK. Our award-winning team of around 450 professionals has earned the IPE UK Pension Fund of the Year title three times in seven years. We work closely with government and industry partners to improve outcomes for scheme members, employers, and the broader pension system—playing a vital role in strengthening retirement security nationwide.
We’re looking for a Portfolio Manager to work in our Investment Team and act as lead in the management of the multi-billion LDI portfolio. The job-holder is responsible for trade execution, trade idea generation, portfolio construction, and information gathering to monitor performance. There will be significant involvement in building and maintaining relationships with external parties, i.e. bank counterparties, and proactive engagement with relevant internal teams, such as Risk and Investment Operations.
We’re looking for applicants with portfolio management and/or trade execution experience from a UK LDI or fixed income setting. We expect that you have adept stakeholder management skills underpinned by excellent written and verbal communication skills allowing you to present ideas as well as numerical and technical information to diverse stakeholders. Additionally, we anticipate that you have a relevant professional or academic qualification to reinforce your level of experience.
Due to the summer holiday period, we aim to contact shortlisted candidates during the first week of September. In return for your skills, experience and commitment we’ll give you a challenging role within a business where you’ll get the support you need to develop your career. 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.
LDI Portfolio Manager (15 month fixed-term contract - maternity cover) in London employer: Pension Protection Fund
The Pension Protection Fund is an excellent employer, offering a supportive work environment in Croydon with hybrid working options that promote work-life balance. Employees benefit from comprehensive training in pension schemes, opportunities for personal development, and a stable work schedule, making it an ideal place for those seeking meaningful and rewarding careers in the financial sector.
StudySmarter Expert Advice🤫
We think this is how you could land LDI Portfolio Manager (15 month fixed-term contract - maternity cover) in London
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Pension Protection Fund.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Pension Protection Fund might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace LDI Portfolio Manager (15 month fixed-term contract - maternity cover) in London
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Pension Protection Fund will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Pension Protection Fund. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Pension Protection Fund confidence in your short-term commitment to the role.
How to prepare for a job interview at Pension Protection Fund
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Pension Protection Fund.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Pension Protection Fund that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
