Senior Portfolio Manager – Hedging

About the Opportunity

Join LGPS Central at a pivotal moment, where investment meets long-term impact. This role is based in Wolverhampton and will play a key part in developing and delivering LGPS Central’s hedging investment solutions in support of the government’s Fit for the Future agenda. The postholder will work closely with the Head of Alternatives & Hedging Solutions to build, implement, and manage hedging portfolio solutions that meet the needs of Partner Funds and wider stakeholders.

Responsibilities

• Work with the Head of Alternatives & Hedging Solutions on the development and implementation of hedging investment solutions
• Support the design of solutions that meet Partner Fund requirements, government expectations, and relevant legislative or regulatory requirements
• Build and manage multi-manager hedging portfolio solutions
• Contribute strategic views and implement investment decisions within agreed mandates and governance parameters
• Lead or support strategy research, manager selection, portfolio construction, and ongoing portfolio monitoring
• Ensure portfolios are managed within agreed objectives, limits, and risk parameters

About You

Significant experience in sourcing, researching, and monitoring hedging strategies and solutions, including portfolio construction. Experience in the management and oversight of investment portfolios, including evaluation of performance and risk. Strong understanding of external manager research, selection, and oversight. Good people management capability and the ability to support and develop others.

Eligibility

CFA or equivalent qualification/relevant investment experience. Preferably degree level or equivalent in a relevant discipline. Has or can meet all the requirements of being an FCA approved person.

Benefits

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• Excellent Learning & Development Opportunities
• Welfare and Family friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme 24/7 Health & Wellbeing Support
• Vitality Private Medical Insurance
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme

About Company

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Funds, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK. LGPS Central’s Partner Funds are: Cheshire Pension Fund, Derbyshire Pension Fund, Leicestershire Pension Fund, Nottinghamshire Pension Fund, Shropshire Pension Fund, Staffordshire Pension Fund, West Midlands Pension Fund, Worcestershire Pension Fund, Gloucestershire Pension Fund, Hampshire Pension Fund, Suffolk County Council, Wiltshire Pension Fund, Norfolk Pension Fund, Oxfordshire Pension Fund.

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class. LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance, we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.