Assistant Portfolio Manager

investment performance and client service. We offer leading multi-asset investment services to intermediaries, and high-quality financial planning advice to private clients, benefitting from a strong local presence across the UK.

We see an opportunity to lead the way within our sector in relation to sustainability and responsible investing. We have set a target for our direct footprint to be Net Zero by 2030 and continue to enhance our approach to responsible investment, which includes offering a dedicated service for clients with values-based objectives.

We offer fulfilling careers in an inclusive culture that values diversity, ambition and rewards high performance. Our guiding principles underpin our culture and are at the heart of everything we do:

• we do the right thing
• we are connected
• we care
• we make a difference

We welcome talented people from all backgrounds who live our guiding principles and are focused on ensuring good outcomes for our clients. We’re committed to promoting equal employment opportunities and positively encourage applications regardless of race, religion or belief, sexuality, age, disability, gender, gender identity, marital status or pregnancy and maternity.

Collaboration and knowledge-sharing is important to us as a firm, and we value different ways of working. Employees are required to be in the office three days a week, with flexibility to work from home on the other two days.

Role Overview

The Assistant Portfolio Manager supports Portfolio Managers in the construction, implementation and ongoing oversight of client portfolios, helping to ensure that portfolios are managed consistently with client mandates, the Centralised Investment Proposition and the firm’s investment and risk frameworks.

Work collaboratively with Portfolio Managers, Investment Management, Operations and other relevant teams.

The role provides a development pathway towards becoming a Portfolio Manager, with increasing responsibility for portfolio construction, client outcomes, investment implementation and research as knowledge and experience develop.

Certified Roles only:

This role is a Certified role under the FCA’s Senior Managers and Certification Regime (SM&CR). This means you will be subject to some regulatory background checks before you start in role and evidence of your qualifications will also be required where necessary. Qualifications for Certified roles must be in line with TC App 4.1.

You will also be expected to keep your CPD up to date and subject to Annual F&P Assessments to ensure you remain ‘Fit & Proper’ to hold a regulatory role. We will provide training on what holding a SMCR role means when you join us and annually thereafter.

Role Responsibilities

• Help ensure portfolios remain aligned with client mandates, suitability requirements and agreed investment objectives.
• Monitor portfolios against the Centralised Investment Proposition, strategic and tactical asset-allocation guidance, BITA limits and agreed tolerances.
• Support the implementation of asset-allocation and security changes across client portfolios
• Undertake portfolio analysis, including performance, risk, attribution and portfolio-composition analysis.
• Contribute to investment and sector research, manager monitoring and the preparation of recommendations.
• Uphold the highest standards of Treating Customers Fairly (TCF) and COBS
• Proactively identify, escalate and manage risks
• Maintain appropriate CPD and regulatory competence
• Perform role always ensuring adherence to the expected behaviours stated in the FCA Conduct Rules

Knowledge, Skills & Experience

• High level of accuracy and attention to detail.
• Ability to prioritise effectively and work accurately under time pressure.
• Level 4 investment qualification, or demonstrable progress towards an appropriate qualification where permitted by the role’s regulatory status.
• Relevant experience within investment management, wealth management or a related financial-services environment.
• Good understanding of investment markets, asset allocation, portfolio construction and investment products.
• Understanding of private-client investment propositions and the importance of suitability and client mandate requirements.
• Awareness of the regulatory framework applicable to investment management.
• Strong analytical skills and the ability to interpret complex investment and portfolio information.
• Collaborative approach and willingness to take ownership within an appropriate level of authority.
• Experience of portfolio monitoring, risk analysis, performance attribution or investment research.
• Experience working with a Centralised Investment Proposition.