Chief Investment Officer (CIO)

Hoffmann Reed; Manchester; On-site; GBP 200,000 +; Full time

Job summary

A leading investment firm in Manchester is seeking a Chief Investment Officer (CIO) to lead the investment strategy for Northern LGPS. The role involves managing a £70bn investment function, setting investment standards, and acting as adviser to the CEO and Board. The ideal candidate will have extensive experience in institutional investment management, a strong track record in risk-aware investment outcomes, and strategic investment capabilities. This is an exceptional opportunity to shape the future of investment management at Northern LGPS.

Qualifications

• Senior investment professional with deep experience in institutional investment management.
• Track record of delivering long-term, risk-aware investment outcomes.
• Broad asset-class knowledge and strategic investment capability.

Responsibilities

• Design and deliver the long-term investment strategy for Northern LGPS.
• Continue to build and lead the c£70bn investment function.
• Set standards for portfolio construction and responsible investment.
• Act as senior investment adviser to the CEO and Board.
• Build and oversee a Pool advisory function.

Skills

Deep experience in institutional investment management

Track record of delivering long-term, risk-aware investment outcomes

Broad asset-class knowledge

Strategic investment capability

Comfortable operating within strong governance frameworks

Job description

Chief Investment Officer (CIO)

An opportunity to lead the next phase of investment strategy for Northern LGPS, shaping how capital is managed for decades to come.

About Northern LGPS

Northern LGPS is a c£70bn pooled investment partnership for the Local Government Pension Scheme, bringing together the investments of Greater Manchester Pension Fund, Merseyside Pension Fund and West Yorkshire Pension Fund.

Building on the foundations of its collaboration over several years, Northern LGPS is now entering the next phase of its development. This phase focuses on establishing an FCA authorised investment management company with a dedicated senior leadership team; strengthening governance and creating a clear operating model to support long‑term investment outcomes.

For those joining at this stage, the opportunity is exceptional. These roles offer the chance to shape strategy, set standards and build leadership capability for the long term, working closely with the partner funds, who are both shareholders and clients, Boards and regulators to ensure Northern LGPS continues to evolve as a well‑governed, resilient investment organisation.

The role

• Design and deliver the long‑term investment strategy for Northern LGPS
• Continue to build and lead the c£70bn investment function, which includes a number of externally and internally managed mandates and a well‑developed private‑markets programme
• Set standards for portfolio construction, performance monitoring and responsible investment
• Act as senior investment adviser to the CEO and Board
• Work closely with risk and governance colleagues to support well‑governed decision‑making within appropriate risk frameworks
• Build and oversee a Pool advisory function, providing advice on strategic asset allocation, responsible investment and local investment to the 3 partner funds
• Carry out the SMF 18 role for a c£70bn AIFM with MiFID permissions.

About you

• Senior investment professional with deep experience in institutional investment management
• Track record of delivering long‑term, risk‑aware investment outcomes
• Broad asset‑class knowledge and strategic investment capability
• Comfortable operating within strong governance frameworks

How to apply

To apply, please submit your application via LinkedIn.

If you would like an initial, confidential discussion about the role or the wider Northern LGPS project, please contact Paul Battye, Chief Executive and Lead Partner, on 0161 402 0160.

Closing Date for applications is 12 noon on 16th January 2025.