Fund Manager Assistant
Hybrid Working
Completive base + bonus package
Description
Our client is an Asset Manager that manages over £40bn AUM, in fixed income, global equities, UK property and multi-asset solutions.
Job Summary
Support and manage fixed-income assets (listed bonds, liquidity assets, private placements, and derivatives) and portfolios of the European & CRS divisions, reporting on performance to the Head of Fixed Income, CIO / MD and at the Committee level. This includes performance against benchmarks (i.e. unit-linked funds), ensuring appropriate quality (as measured by credit ratings) over time, and ensuring downgrades and defaults are minimised.
This role supports input to various areas, including pricing of the insurance business, the day-to-day management of interest rate, liquidity, and inflation risk, as well as the construction of appropriate portfolios such that customer promises are managed and met.
The role works closely with various business lines to ensure the required volume of fixed interest assets, at the appropriate yield, are sourced from public and private markets.
Responsibilities
- Manage and monitor fixed income (bond, liquidity, private placement & derivative) portfolios in accordance with policies, procedures and statutory requirements, to achieve the required return within risk limits, ensuring sufficient assets of appropriate quality are acquired to support divisional new business requirements
- Support reviews such that there are appropriate processes, procedures, policies, standards and systems are in place and seek ways they can be improved
- Manage specific projects when required by the Head of Fixed Income (eg derivatives implementation, ISDA agreements, Bloomberg AIM)
- Contribute and manage discussions on the economy, markets, asset allocation, specific transactions and exposures
- Supporting the embedding and monitoring of ESG activity across the CLAM business with responsibility for fixed interest
- Report on the activities and performance of the portfolios to relevant internal and external stakeholders
- Ensure that the investment process across European divisions (CLL, ILA, CLE and Reinsurance) appropriately manages day-to-day market risks, e.g., interest rate, liquidity, and inflation risk
- Research for credit markets
Requirements
- Strong Fixed Income experience
- Strong credit experience (ideally research)
- Strong stakeholder management experience
- Good communicator and strong presentation skills with an ability to present at Board level
Qualifications
- Good first degree in a numerate subject (required), and/or sufficient market experience (required)
- CFA or equivalent (highly desirable)
