At a Glance
- Tasks: Manage discretionary portfolios and build strong relationships with intermediaries.
- Company: Join Cazenove Capital, part of the global investment manager Schroders.
- Benefits: Competitive salary, flexible working, and a supportive environment for growth.
- Other info: Diverse and inclusive workplace with excellent career progression opportunities.
- Why this job: Make a real impact in wealth management while developing your career.
- Qualifications: Experience in portfolio management and strong communication skills required.
The predicted salary is between 56700 - 69300 £ per year.
- Description
- About Cazenove Capital
At Cazenove Capital we look after private individuals, families and charities.
We are the wealth management business of the FTSE-listed global investment manager Schroders.
We help our clients around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
About Schroders, our parent company
Schroders is a global investment manager which provides active asset management, wealth management and investment solutions.
We aim to provide excellent investment performance to clients through active management.
We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms.
Established in 1804, we have around 5,500 people across 36 global locations.
Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.
The base (Bristol)
This is a Bristol-based Portfolio Manager role.
You will be expected to be in the Bristol office regularly, particularly during the onboarding period.
The role also involves travel across the South West and Wales to support intermediary and client relationships, therefore being able to drive is strongly preferred.
The team
You will join a regional investment team responsible for discretionary portfolio management and supporting intermediary-led relationships.
The team works closely with colleagues across investments, operations, risk and compliance, as well as business development, to deliver strong client outcomes and a high standard of service.
What you’ll do
This is a Portfolio Manager role with a strong DFM / IFA (intermediary) focus.
You will take increasing day-to-day ownership of a set of existing intermediary relationships and associated discretionary portfolios, providing excellent service and robust investment oversight.
Over time, you will help grow the intermediary book in partnership with business development colleagues, while operating within agreed governance and risk frameworks.
- The DFM / IFA model (how the role operates)
- Intermediary partners (IFAs) introduce clients and remain the primary relationship owner with the end-client.
- We act as the discretionary investment manager, responsible for portfolio construction, implementation, and ongoing management within agreed objectives and suitability.
- Business development colleagues will support “door opening” and introductions; the Portfolio Manager plays a key role in winning confidence, articulating the investment approach, and then running and retaining mandates through high-quality ongoing service.
Key responsibilities
- Take day-to-day responsibility for discretionary portfolios linked to intermediary (IFA) relationships, with appropriate senior oversight during transition.
- Build and maintain strong relationships with IFAs through responsiveness, professionalism, and confidence in external meetings.
- Attend meetings with IFAs and end-clients, clearly explaining portfolio strategy, positioning, performance, and key risks.
- Implement portfolio actions (rebalancing, transitions, cash management and mandate changes) in line with client objectives, suitability, mandate guidelines, and internal governance.
- Maintain strong market awareness and demonstrate an interest in investment decision-making, including (where relevant) portfolios with exposure to direct securities as well as funds.
- Work closely with internal stakeholders (research, trading, operations, risk and compliance) to ensure efficient implementation and strong control standards.
- Support investment governance and reporting, including portfolio commentary and materials for internal forums as required.
- Partner with business development colleagues to support new opportunities: help convert introductions into funded mandates and support retention through excellent service and communication.
- Identify and escalate portfolio, operational, or relationship risks; ensure timely remediation and accurate documentation.
- Adhere to all relevant policies, procedures, and regulatory requirements.
- The knowledge, experience and qualifications you need
- Experience in portfolio management / investment management, with meaningful exposure to DFM and IFA servicing.
- Strong understanding of the service model and expectations when operating via intermediaries (pace, responsiveness, relationship management, suitability).
- Confident communicator with resilience and professionalism; able to represent the business credibly in meetings where you are often the service provider in the room.
- Strong organisational skills and attention to detail; able to manage competing priorities in a client-facing role.
- Professional investment qualification at CISI Level 7 (or equivalent).
Exceptional candidates with Level 6 may be considered depending on experience and technical depth.
- Typically 5+ years’ relevant experience, with evidence of readiness to step up and take ownership.
- Bristol-based (commutable) and willing to travel regionally; driving capability is strongly preferred.
- The knowledge, experience and qualifications that will help
- Experience supporting or leading business development activity with intermediaries (networking, proposition discussions, conversion support).
- Experience managing portfolios that include a blend of funds and direct securities.
- Ability to produce client-ready materials (presentations, market updates, portfolio commentary).
- Strong working knowledge of Excel and Power Point; comfortable using investment data and research platforms.
- We recognise potential, whoever you are
Our purpose is to deliver excellent investment performance to clients through active management.
We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients.
That's why inclusion is a strategic priority for us, and we are an equal opportunities employer.
You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs.
For more information, please visit our FAQs.
Portfolio Manager in Bristol employer: Schroders
Schroders Wealth Management is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong commitment to professional development, a culture that prioritises risk management excellence, and the opportunity to make a meaningful impact on client outcomes while ensuring compliance with regulatory standards. With a focus on fostering a supportive atmosphere, Schroders empowers its team members to grow and excel in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Portfolio Manager in Bristol
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Schroders. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Portfolio Manager in Bristol
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Schroders.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Schroders's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Schroders
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Schroders.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Schroders will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Schroders employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
