Portfolio Manager

AFH Wealth Management; Bromsgrove; Hybrid; GBP 60,000 - 90,000; Full time

Benefits offered by this job

Flexible working

Birthday off

Annual leave buy/sell option

Annual bonus

Pension scheme

Health & wellbeing

Job summary

AFH Financial Group is seeking a Portfolio Manager to provide high-quality portfolio management and advisory services for clients from the Bromsgrove head office.

You will work in a collaborative team, managing client portfolios within set objectives and risk tolerances, and contribute to delivering TCF outcomes in line with AFH propositions. This is a permanent, hybrid role with a competitive salary and benefits.

Qualifications

• Advanced knowledge of the financial services market, investment products and funds.
• Proficient in MS Word, Excel and Outlook.
• Regulatory/compliance knowledge aligned with FCA requirements.
• Understanding of TCF principles and their application.
• PCIAM Level 6 qualification or equivalent.
• Minimum 2 years in a similar portfolio management role.

Responsibilities

• Manage client accounts in line with objectives and risk tolerances, select asset allocations, rebalance to model portfolios.
• Construct bespoke discretionary and advisory portfolios for special client needs.
• Develop AFH portfolio models in line with risk appetite directed by Investment Committee.
• Support consultants with client meetings, advice and reporting per criteria.
• Maintain portfolio management procedures and audit trails for regulatory compliance.
• Provide MI reports to Portfolio Management Team and directors.

Skills

Advanced knowledge of financial market

Regulatory knowledge

TCF principles knowledge

PCIAM Level 6

2 years experience in portfolio role

Education

Level 6 PCIAM

Tools

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Portfolio Manager

Location: Bromsgrove Head Office

Working model: Office Based with Hyrbid Working

Contract type: Permanent

Hours: Full-time

AFH Wealth Management is proud to be one of the UK’s leading independent financial advisory and wealth management firms.

We believe that our success starts with our people. If you are determined to succeed and eager to take on new challenges, you’ll find a variety of exciting career opportunities at AFH. This is a full-time, permanent opportunity, with hybrid working, and a competitive salary and range of benefits.

The role is to provide a high-quality portfolio management service for our clients that meets the requirements of the AFH Investment proposition. You will play a vital role in supporting delivery of suitable TCF outcomes through management of client portfolios .

You will be working in a busy team here at AFH with collaborative approach to the work presented.

As our Portfolio Manager, you will be responsible for:

• Management of client accounts in line with objectives and risk tolerances through analysis, definition and implementation of asset allocation strategies within agreed Service Levels, to include portfolio rebalancing in line with model portfolios.
• Construction of bespoke discretionary and advisory portfolios where specialist requirements exist for advisory clients.
• Construction of AFH Portfolio models in line with the AFH appetite for risk as directed by the Investment Committee.
• Assisting consultants’ activity in terms of client meetings, advice and reporting in accordance with agreed criteria.
• Maintenance of portfolio management procedures and documentation to meet regulatory requirements and provide appropriate audit trail and accountability.
• Producing Operational and Management Information as directed to support appropriate Portfolio Management Team Reporting requirements.
• Any other reasonable request made by a Director/Senior Manager of the Company or the Head of Portfolio Management

Other Regulatory Requirements:

• Maintain CPD and industry recognised qualifications and skills to the required regulatory level and above.
• Maintain a clear understanding of the concept of Treating Customers Fairly (TCF) and how AFH Financial Group seeks to comply with this FCA requirement.
• All employees are required to abide by the AFH Financial Group procedures and standards in relation to anti money laundering, data security and confidentiality and to complete training and assessment as required.

What we are looking for in our ideal Portfolio Manager

• Advanced Knowledge of the Financial Services Market, Investment Products and funds
• Good working knowledge of Microsoft Word, Excel and Outlook
• Compliance Regulatory Knowledge
• Knowledge of TCF Principles and how they apply to an individual role.
• Level 6 QCA Private Client Investment Advice and Management (PCIAM)
• 2 years’ experience in a similar role

Benefits and Perks at AFH:

• Flexible working & holidays - Enjoy flexible working and competitive holiday allowance, with annual buy & sell scheme options and your birthday off. Plus, additional holiday days for long service
• Social perks - To recognise and celebrate employees' great work we are all invited to our annual Christmas and Summer parties
• Pension - We offer a contributory pension scheme with Royal London as well as death-in-service benefit
• Bonus scheme - All AFH employees are offered a competitive salary and a discretionary annual bonus, following completion of a year’s service
• Health and wellbeing - The MediCash app puts your health in the palm of your hands. Claim cashback on a wide selection of health and wellbeing initiatives, including discounted health club memberships and free healthcare benefits
• Professional development - We are committed to helping you reach your potential by offering tailored learning and development programmes to pursue your career goals
• Shopping discounts - Our employees can choose from many retailers to get discounts or cashback on everyday purchases from our favourite high street clothing stores to our go-to supermarkets, as well as access to free online training courses