Investment Manager

South Tyneside Council; South Shields; Hybrid; GBP 64,000; Full time

Job summary

A local government authority in South Shields is seeking an Investment Manager to develop and implement their investment strategy. This role involves close collaboration with stakeholders and oversight of local investments. The ideal candidate has a genuine interest in investments and will benefit from career development opportunities. The position offers management responsibilities and aims to drive sustainable investment practices in the North East region.

Benefits

Benefits package

Relocation allowance

Qualifications

• Genuine interest in investments, particularly local investment.
• Ability to develop and implement investment strategies.
• Strong communication and stakeholder management skills.

Responsibilities

• Develop and implement the Pension Fund’s investment strategy.
• Monitor investments and collaborate with key stakeholders.
• Support the Pension Committee and Local Pension Board.

Skills

Interest in local investments

Ability to develop investment strategy

Stakeholder engagement

Financial oversight

Job description

Position

Investment Manager

Location

(Town Hall, South Shields/Hybrid (Typically 2 – 3 days office working per week))

Salary

£63,537 pa plus benefits and relocation allowance

Overview

Serving more than 200 active employers, the Tyne and Wear Pension Fund is already a high achieving Fund; it is the fourth largest Local Government Pension Fund in England and Wales and is currently valued at over £14 billion. It has over 190,000 members, including the five Councils within the Tyne and Wear County area and Northumberland County Council.

We have announced a pensions administration shared service with the Teesside Pension Fund. This will see the Tyne and Wear Pension Fund providing pensions administration services for the Teesside Pension Fund, its members and employers. The shared service will be one of the largest operations in the Local Government Pension Scheme and this makes it a very exciting time to join us.

Despite our continued success, we are not complacent, and we are looking to build on our existing reputation, as we seek to constantly improve and innovate. We are looking to rise to the challenge of meeting the increasing demands of the Local Government Pension Scheme as well as the wider pensions industry. As we look to continue this journey that is where you come in…

Responsibilities

We are looking forward to recruiting a new Investment Manager who will further develop and implement the Pension Fund’s investment strategy and governance arrangements. You will play a key role in the delivery of our local investment ambitions. A key requirement of the Governments ‘Fit for the Future’ consultation is around increasing local investments. We are passionate about the North East region and working alongside key stakeholders we are looking to increase our investment presence in the area and develop investment solutions with Border to Coast. In addition, as we progress our asset pooling journey the importance of monitoring and oversight cannot be understated, and this role will form a leading part of that process through direct interaction with Border to Coast investment colleagues.

Role Details

This is a really interesting opportunity for an ambitious individual to join our successful team and help us to drive forward a focus on high quality oversight and developing local investments, both of which are key areas for the Fund. Whilst we must continue to maximise our assets and income, we must also be aware of the impact of those investments on people and the planet, hence we will also maintain our strong responsible investment approach through sound stewardship and continued collaboration with Border to Coast and the wider LGPS.

This role is ideal for someone ready to take the next step in their career. While a background in finance is not essential, we are looking for someone with a genuine interest in investments—particularly local investment and investment oversight. With our support, you will be guided along a clear path for career development, including opportunities to gain professional qualifications where needed.

The role offers management responsibility, exposure to reporting into the Pension Committee, Local Pension Board, and wider pension groups, and close collaboration with Border to Coast. Whether your background is in finance, investments, pensions, policy, or strategy, this is a fantastic opportunity for an ambitious individual who sees the long-term potential of this role.

You will be joining a high-performing authority and a passionate, driven team. We are actively seeking someone who could grow into a future Principal Investment Manager. We will offer full support and guidance to help you build a fulfilling, challenging, and successful career—right here in a beautiful and accessible region.

Application

If you are interested in joining our team and are inspired to help lead the next phase of our journey, we look forward to your application. To further your interest in the role, please review the full details of the role, supporting information and details of how to apply: https://nyresourcing.co.uk/tyne-wear-pension-fund-investment-manager/

Closing date: Noon, Monday 24 November 2025.