Investment Portfolio Associate

Business Area: ISA – Investment Strategy & Advice

Place of Work: London

Contract Type: Permanent

When you join USS, the size and scale of our pension scheme means you will have numerous opportunities to learn and develop your career. Given our size, you\’ll have real autonomy and influence as you collaborate closely with a wide-ranging team of experts.

About the role

As an Investment Portfolio Associate, you will make a meaningful and valued contribution from the outset.

This role offers a great opportunity to join the Strategy Delivery team within the Investment Strategy & Advice (ISA) department at USS Investment Management (USSIM) Limited – the dedicated investment manager and advisor for USS, one of the UK’s largest pension schemes.

The ISA department plays a pivotal role in shaping and implementing the overall investment strategy, delivering expert advice across both Defined Benefit (DB) and Defined Contribution (DC) sections of the scheme.

Within this, the Strategy Delivery team acts as a crucial link, supporting the ISA function and the Asset Allocation Committee (AAC) by translating high-level asset allocation decisions into effective, actionable investment solutions.

This includes designing and managing practical implementation plans for DB and DC portfolios, ensuring they are efficient, robust, and aligned with strategic objectives.

It’s a unique opportunity to contribute to meaningful long-term financial outcomes within a high-performing and purpose-driven organisation.

What you will be doing

As a trusted part of the ISA – Investment Strategy & Advice, you will be responsible for:

• Supporting delivery of DB/DC asset allocation including rebalancing and target changes
• Producing portfolio analysis and developing insights for stakeholders
• Assisting in advancing portfolio software (e.g., Jacobi) and related tools
• Coordinating implementation of allocation with cross-functional teams
• Monitoring and managing daily portfolio exposures
• Developing and applying models for portfolio and risk analytics
• Supporting continuous improvement of allocation processes and systems

About you

We understand that candidates may not meet every requirement. If you\’re excited about working with us and possess most of the skills or experience outlined below, we encourage you to apply.

To succeed in this role, you will have:

• A strong understanding of multi-asset portfolio management and investment principles
• Familiarity with asset classes including LDI, equities, credit, and derivatives
• Excellent analytical and problem-solving skills with the ability to simplify complexity
• Proficiency in Python; experience with SQL, Power BI, Bloomberg is a plus
• The ability to produce quality work under tight deadlines
• Institutional investment experience, ideally in pensions or insurance
• Progress towards professional qualifications (e.g., CFA, CAIA, CQF)

At USS, every individual contributes to building a secure financial future for our members and their families. We aim to create a work environment where everyone can thrive professionally and make a meaningful impact.

We are committed to supporting your career development through various opportunities, recognizing and fostering each individual\’s unique career path, supported by an engaged management team.

Join USS to thrive in a friendly team, enjoy a flexible culture, and benefit from an excellent range of benefits!

How we will reward you

• Generous annual leave package
• Access to a high-quality pension scheme through USS
• Supportive policies including enhanced sick pay and family-friendly benefits
• Financial contributions towards personal development and wellbeing
• Access to health and wellbeing services, including private healthcare and discounted gym memberships
• Learning and development opportunities
• Employee Volunteer Days
• Cycle to Work Scheme

Our culture and values

Our people are our strength. We foster a diverse and inclusive culture where everyone feels welcomed and comfortable being themselves.

Our purpose is to prioritize members, placing them ‘front and centre’ of our activities. This is reflected in our core value:

• Integrity

About us

Established in 1974, Universities Superannuation Scheme (USS) is the principal pension scheme for UK universities and higher education institutions.

We work with around 330 employers to secure the futures of over 528,000 members and their families. With assets of approximately £75.5bn (as of 31 March 2023), we are one of the UK’s largest pension schemes. To learn more, visit

USSIM is proud to be an equal opportunity employer. We strive to ensure our recruitment process is inclusive and flexible to attract diverse talent.

If you need reasonable adjustments during the recruitment process, please contact

#J-18808-Ljbffr