Head of Alternatives and Hedging Solutions

We are recruiting a Head of Alternatives and Hedging Solutions to lead the development and delivery of our strategies in this area and to shape how we support Partner Funds through diversifying assets and robust risk-management solutions.

You will work closely with the CIO and senior leaders to build a high performing team, strengthen our investment processes and ensure our solutions reflect regulatory requirements, government expectations and Partner Fund needs. The role has a strong leadership, relationship management and stakeholder engagement focus, alongside deep technical responsibility.

Alternatives #HedgingSolutions #Investing #Pensions #UKPooling #InvestmentCareers

As the Head of Alternatives and Hedging Solutions, here's a flavour of what you’ll get involved in:
Managing the full lifecycle of alternatives and hedging mandates including sourcing, analysis, due diligence, legal review with internal and external counsel, negotiation, approval and ongoing monitoring.
Building and maintaining strong relationships with global fund managers, external advisors and other market participants.
Establishing a robust decision making and portfolio monitoring framework and keeping this under review in line with market and regulatory developments.
Providing assurance that all strategies and portfolios operate within agreed parameters and comply with internal risk, compliance and responsible investment frameworks.
Acting as a key representative for LGPS Central within the investment community, Partner Funds, regulators and broader stakeholders.
Supporting the CIO with financial, performance and strategic oversight of relevant portfolios and contributing to the wider leadership of the investment directorate.

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.
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

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.

The successful candidate will bring strong senior-level expertise in alternatives and hedging, ideally within an asset management or institutional investment setting. Strong portfolio construction, manager selection and monitoring skills across a broad alternatives spectrum.
A track record of building, managing and developing high performing investment teams.
Excellent relationship management capabilities and credibility with managers, advisors and institutional stakeholders.
Strong risk, compliance and performance evaluation capability across alternatives and derivative overlays.
CFA or equivalent qualification/ relevant investment experience.
We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Competitive salary
~ An enhanced and generous Pension Scheme
~30 days' paid holiday plus bank holidays
~An extra paid Company Day in addition to paid holidays
~ Excellent Learning & Development Opportunities
~ Welfare and Family friendly policies
~ Access to our Employee Assistance Programme 247 Health & Wellbeing Support
~ Vitality Private Medical Insurance
~ Hybrid Working
~ Company Service Awards
~ Cycle to Work Scheme
~ Company Electric Vehicle Scheme
~ Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
~ Winner of Diversity and Inclusion Award LAPF In Investments Award 2023