Investment Analyst - Passive

LGPS Central; Wolverhampton; Hybrid; GBP 42,000 - 64,000; Full time

Benefits offered by this job

Competitive salary

Pension scheme

30 days holiday

Volunteer days

Hybrid working

Learning & development

Employee assistance

Cycle to work

Job summary

LGPS Central in Wolverhampton invites an Investment Analyst to join the Passive Investment Team. You will support the Investment Director and Portfolio Managers in monitoring and developing our passive equity and gilt portfolios, with emphasis on performance, risk and responsible investing.

The role requires strong analytical and communication skills, a degree in finance or economics, and familiarity with Excel and Bloomberg.

Qualifications

• Bachelor's degree in Finance, Economics or a related discipline.
• IMC gained and CFA qualification or relevant investment experience.
• Experience in public markets or asset management.

Responsibilities

• Assist in implementing the strategy and process for passive equity and gilt portfolios.
• Support investments within mandates, benchmarks, regulatory requirements and policies.
• Monitor portfolio performance, tracking error and key risk metrics.
• Assist in integrating Responsible Investment and Stewardship across passive portfolios.
• Support portfolio implementation activities including rebalancing and corporate actions.
• Promote LGPS Central within the investment community and with Partner Funds.
• Collaborate with risk, compliance, operations and other teams.

Skills

Passive investing knowledge

Portfolio analysis

Data interpretation

Strong communication

Ethics and judgement

Organised and proactive

Stakeholder collaboration

Excel proficiency

Bloomberg familiarity

Education

Bachelor's degree in Finance or Economics

IMC gained and CFA progression

Tools

Microsoft Excel

Bloomberg

Job description

LGPS Central is looking for an individual who is passionate about financial markets and passive investing, with strong analytical and communication skills, who is excited to support the growth and development of our internally managed investment capabilities. The successful candidate will join our Passive Investment Team as an Investment Analyst. Based in the Midlands (Wolverhampton), they will report to the Investment Director within the Passive team.

You will work within the Passive Investment department to help deliver a professional, high-performing investment function centred on the needs of our Partner Fund clients. The role supports the Investment Director and Portfolio Managers in the management, monitoring and development of LGPS Central's passive equity and gilt portfolios and mandates, including the integration of responsible investment and stewardship activities, whilst upholding the risk and compliance framework established by the organisation. Specific responsibilities include portfolio analysis, performance and risk monitoring, implementation support, reporting, and collaboration with internal and external stakeholders.

Outcomes:

• Assist the Passive Team Investment Director and Portfolio Managers in implementing the strategy and investment process of LGPS Central's internally managed passive equity and gilt portfolios to meet Partner Fund objectives.
• Support the Investment Director and Portfolio Managers by helping ensure investments are managed within agreed mandates, benchmarks, regulatory requirements and corporate policies.
• Monitor portfolio performance, tracking error and key risk metrics, providing analysis and challenge where appropriate.
• Assist in the integration and maintenance of Responsible Investment and Stewardship policies across passive portfolios, working closely with Risk and Compliance colleagues.
• Support portfolio implementation activities including rebalancing, benchmark changes, index events and corporate actions.
• Promote LGPS Central within the investment community and Partner Funds.
• Embrace a culture of high-performing, collaborative, research-based and responsible investing across LGPS Central.
• Take ownership of allocated projects, building effective relationships across investment teams, operations, risk functions and the wider business.

Technical Skills/Knowledge/Experience:

• Experience supporting investment processes within public markets, ideally passive strategies, gained within an asset manager or other financial institution.
• Understanding of passive investment principles, index-tracking strategies and portfolio management processes.
• Strong analytical skills with the ability to interpret portfolio data, performance information and risk metrics.
• Ability to document analysis, conclusions and rationale clearly and concisely.
• High degree of professional ethics, integrity and judgement.
• Highly organised, proactive and able to manage multiple priorities effectively.
• Keen to contribute across all aspects of the role and provide support to the Investment Director and Portfolio Managers when required.
• Strong interpersonal, collaborative and communication skills.
• Proficiency in Microsoft Excel and investment systems such as Bloomberg.
• Ability to evaluate portfolio performance and risk objectively and present findings to stakeholders.

Qualifications

• Bachelor's degree in Finance, Economics or a related discipline.
• IMC gained and working towards CFA qualification or similar, or relevant investment experience.

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• An extra paid Company Day in addition to paid holidays
• Excellent Learning & Development Opportunities
• Welfare and Family-friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme - 24-7 Health & Wellbeing Support
• Medical Health Cash Plan
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme
• Brand New Office Space
• Nominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022
• Winner of the Cultural Awareness Initiative of the Year - FT Advisors Diversity in Finance Awards 2023
• Winner of Diversity and Inclusion Award - LAPF In Investments Award 2023