Portfolio Manager

M&G; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

M&G, une entreprise internationale de services financiers, recherche un Gestionnaire de Portefeuille pour son équipe de Gestion de Portefeuille d'Obligations. Ce rôle clé nécessite de gérer des portefeuilles d'annuités non-profit tout en soutenant des stratégies d'investissement et en garantissant la conformité. Les candidats doivent posséder une solide compréhension des réglementations financières, ainsi que d'excellentes compétences en communication et en résolution de problèmes.

Qualifications

• Expérience dans les activités de nouvelles affaires et la gestion des annuités.
• Connaissance des exigences Solvency II et Matching Adjustment.
• Expérience en gestion de portefeuille dans un rôle régulé par l'SMCR.

Responsibilities

• Surveillance des portefeuilles et mise en œuvre des stratégies d'investissement.
• Gestion quotidienne des portefeuilles d'annuités et initiatives liées au Matching Adjustment.
• Communication régulière avec les gestionnaires de fonds et les équipes internes.

Skills

Communication

Analytical skills

Problem solving

Relationship building

Attention to detail

Education

Actuary or CFA Charterholder preferred

Job description

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns.

Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role.

Portfolio Manager – Liability Driven Portfolio Management Team

The M&G Life Investment Office (LIO) is responsible for the management of Prudential UK’s With-Profits, Non-Profit Annuity and Unit-Linked funds, with more than £140bn of funds under management.

The Portfolio Manager position within Liability Driven Portfolio Management (LDPM) Team will be primarily focussed on the Prudential UK's non-profit annuity portfolios, other non-profit portfolios, as well as a range of non-profit annuity and with-profits strategic hedging programmes.

Key responsibilities:

• Support the Head of LDPM in overseeing the portfolios including the implementation of investment and hedging strategies
• Supporting the company's strategic initiatives, including its Bulk Purchase Annuity and other liability driven products/propositions, with a particular focus on the investment strategy development and other related tasks (including the analysis of new assets/asset classes)
• Day to day management of annuity, non-profit and hedging portfolios, including:
• Reviewing the annuity portfolio matching against liabilities, including Solvency II compliance and transaction/exposure monitoring
• Responsible for Matching Adjustment-related and Solvency II focussed initiatives within the team, including the support for any Matching Adjustment applications
• Monitoring, proposing and/or approving trades for the rebalancing of the hedging programme, whilst also supporting the oversight of the collateral management process
• Provides papers, monthly portfolio MI and other reporting to the Investment Committee and other governance forums
• Regular contact withthe Fund Managers, Operations and other teams including Finance and Risk

Requirements and experience:

• Very good knowledge of annuities including demonstrable experience supporting new business activities , Solvency II, Matching Adjustment and wider ALM
• Good knowledge and understanding of the financial services industry more broadly, including different investment markets, insurance and asset management, and usage of derivatives
• The candidate would ideally have Portfolio Management experience in an SMCR regulated role
• Excellent attention to detail with strong communication skills
• Ability to build good relationships internally and externally
• Ability to work within a team environment
• Effective analytical and problem solving skills
• Client and delivery focussed
• Good planning and organisational skills to be able to handle multiple priorities

Qualifications:

• Actuary or CFA Charterholder preferred

Location: London

Work Level: Manager / Expert

Recruiter: Amy Curtis

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality, disability or long term condition, we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.

M&G is also proud to be a Disability Confident Leader , and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying.

Ifyou need assistanceor an alternative means of applying for a role due to a disability or additional need,pleaselet usknow by contacting us at: [e-mail]