Assistant Portfolio Manager

Raymond James UK; Guildford; On-site; GBP 40,000 - 60,000; Full time

Job summary

Raymond James UK is seeking an Assistant Portfolio Manager to join the Investment Management team in Guildford. You will support Investment Managers in discretionary and advisory portfolios for private clients, families, trusts and charities, helping with reviews, proposals and market insights.

This role offers development in portfolio management and wealth management, with a focus on governance, reporting and client service within a regulated environment.

Qualifications

• Experience within investment management, portfolio management or investment supports.
• Progress towards, or completion of, CISI Level 4 or equivalent.
• Understanding of portfolio construction, asset allocation and investment markets.
• Experience supporting private client portfolios would be beneficial.

Responsibilities

• Support Investment Managers in the management of discretionary and advisory client portfolios.
• Assist with portfolio reviews, suitability assessments and investment proposals.
• Help implement and maintain portfolio models, ensuring client portfolios remain aligned with agreed investment strategies.
• Monitor portfolio exceptions and support the preparation of investment and trading rationales.
• Conduct portfolio analysis and provide market, economic and investment commentary to support decision-making.
• Assist with client reporting, tax planning opportunities and investment documentation.
• Maintain records supporting investment decisions, due diligence activities and model governance.
• Work collaboratively with colleagues across the business to deliver excellent client service and outcomes.
• Ensure all activities are conducted in line with regulatory requirements, internal policies and risk management standards.

Skills

Investment management

Portfolio management

Analytical skills

Regulatory knowledge

Excel proficiency

Client relationship building

Education

CISI Level 4

Tools

Microsoft Office

Investment research systems

Job description

We’re looking for an Assistant Portfolio Manager to join our Investment Management team and support the delivery of high-quality investment solutions for private clients.

Working closely with Investment Managers, you’ll help oversee a diverse range of portfolios for individuals, families, trusts, charities and corporate clients. You’ll play an important role in portfolio monitoring, investment implementation, client reporting and investment research, helping to ensure portfolios remain aligned with client objectives and investment strategies.

This is an excellent opportunity for someone with investment management experience who is looking to further develop their portfolio management expertise and build a long-term career in wealth management.

Please note that this role does not hold discretionary investment authority and is not a Certified Function under SMCR.

What You’ll Be Doing:

• Support Investment Managers in the management of discretionary and advisory client portfolios.
• Assist with portfolio reviews, suitability assessments and investment proposals.
• Help implement and maintain portfolio models, ensuring client portfolios remain aligned with agreed investment strategies.
• Monitor portfolio exceptions and support the preparation of investment and trading rationales.
• Conduct portfolio analysis and provide market, economic and investment commentary to support decision-making.
• Assist with client reporting, tax planning opportunities and investment documentation.
• Maintain records supporting investment decisions, due diligence activities and model governance.
• Work collaboratively with colleagues across the business to deliver excellent client service and outcomes.
• Ensure all activities are conducted in line with regulatory requirements, internal policies and risk management standards.

What We’re Looking For:

Experience & Qualifications:

We’re interested in hearing from candidates who can demonstrate some or all of the following:

• Experience within investment management, portfolio management or investment supports.
• Progress towards, or completion of, a relevant professional qualification such as CISI Level 4 or equivalent.
• Understanding of portfolio construction, asset allocation and investment markets.
• Experience supporting private client portfolios would be beneficial.

Knowledge & Skills:

• Strong analytical and numerical skills with excellent attention to detail.
• Good understanding of investment processes, client suitability requirements and regulatory frameworks.
• Strong communication and relationship-building abilities.
• Well organised, adaptable and able to manage multiple priorities effectively.
• Proficiency in Microsoft Office, particularly Excel, and confidence working with investment research and market data systems.
• A proactive, collaborative and client-focused approach.
• Genuine interest in financial markets and investment management.

About Us:

Raymond James is a wealth management firm focused on providing trusted advice and tailored, personalised investment services. We believe if we do what’s right for clients, we’ll help them achieve success while also realising our own. Our parent company, Raymond James Financial, has been doing the same in the US for over six decades. Raymond James is listed on the NYSE, is a Fortune 500 company, and is included in the S&P 500.

Raymond James is an equal opportunities employer. We treat all of our applicants the same and we have a diversity and inclusion strategy aimed at ensuring we hire the best person for the job regardless of age, gender, ethnicity, sexual orientation, disability or beliefs.