Assistant Portfolio Manager

4 weeks ago


London, United Kingdom Schroders Full time

Business Area: Product & Solutions 
Location: London 
Reporting to: Co-Head of LDI Portfolio Management
Job title: LDI Assistant Portfolio Manager

About Schroders
We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.

The base
We moved into our new HQ in the City of London in 2018. We’re close to our clients, in the heart of the UK’s financial centre. And we have everything we need to work flexibly.

The team
The LDI Portfolio Management team is currently a team of 10. We work closely together with our specific LDI Solutions Managers (14) and derivative structurers (3). This helps us to deliver integrated solutions and push forwards the best way to deliver on our client obligations.

We design and implement liability hedging and related strategies and risk management overlays for clients, using our range of multi-client and bespoke pooled funds, as well as through segregated portfolios. The solutions principally use physical gilts, gilt based derivatives such as repo and total return swaps, and interest rate and inflation swaps. In addition, we integrate these hedging strategies with complementary exposures including other derivative overlays (e.g. equity options, futures and total return swaps, currency hedges or synthetic credit exposures) or a range of credit strategies, particularly with respect to the implementation of our growing CDI business. Our clients are mostly UK defined benefit pension schemes, but they interact with us through a variety of governance models including both internal and external fiduciaries; this has been a significant growth area for the business.

We work within the governance structure that best suits our clients, and integrate our portfolio with their other investments, whether they are with Schroders or other asset managers. In many cases, this means leading Schroders'representation of blended solutions that combine many of our capabilities.

We look for ways to standardise and automate our day to day work, so we can give extra care and attention to the things that make a difference.

We're open to flexible working so we can all balance our personal and professional commitments.

Who we’re looking for
We're looking for an Assistant Portfolio Manager with the experience and desire to shape our LDI solutions and help manage and grow our £47bn LDI business in a robust and scalable manner, whilst maintaining the care, attention and positive client experience we are renowned for.
We are looking for someone who has the desire and ability to efficiently manage multiple clients'portfolios, improve systems and processes, and succeed in a fast-growing business.

What you’ll do

Capture and analyse clients'liabilities, and construct leveraged portfolios that hedge the risks embedded in them; Monitor ongoing hedge effectiveness and collateral sufficiency; Monitor and manage leverage for multiple clients and funds, while ensuring that each mandate stays within their guidelines; Help us automate and improve our systems and processes, so as to support a rapidly growing and evolving business; Liaise with Solutions Managers, derivative structurers, fixed-income traders and other Investment teams in Schroders to ensure smooth delivery of shared and complex mandates and Establish and maintain relationships with counterparties to gain market insight and ensure continued access to leverage.

What you'll be like

Flexible, self-motivated and enthusiastic, with a hands-on approach to solving problems, and willing to learn; Great at unpicking a problem, from start to end, own and deliver the solution; Able to work under pressure, on several priorities at once, and with tight deadlines; Great at working with other people, sharing and communicating decisions and Keen to improve what we do for our clients and how we do it.

The knowledge, experience and qualifications you need

An interest and understanding of pension schemes, their liabilities and the instruments used to hedge them, including derivatives; Knowledge of leveraged rates exposure strategies such as repos, TRS and swaps; Forensic attention to detail and diligence in completing accurate analyses and portfolio design; The desire to make the way we do things more robust, scalable and efficient and Ability to work in a high-pressure environment and handle multiple tasks with tight deadlines.

The knowledge, experience and qualifications that will help

Familiarity with VBA/Python coding; Experience in analysing and modelling DB pension schemes'liability cash flows; Experience of GBP rates and inflation markets, and some understanding of UK specific regulations that affect DB pension schemes and Understanding of complementary strategies; equity, credit and currency derivatives, credit based solutions including CDI, or other integrated solutions.

We recognise potential, whoever you are
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.



  • London, United Kingdom Portfolio Payroll Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Portfolio Payroll Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own portfolio...


  • London, United Kingdom Portfolio Payroll Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Prime Personnel Full time

    This niche and prestigious Wealth Management team is looking for an addition to their Portfolio Management group. The team provides discretionary and non-discretionary services across a large and interesting mixed asset suite to High Net Worth clients based in the UK and abroad. The role involves all support and administration duties to include pitch book...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London.They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team.As Payroll Assistant Manager, you will have 4 direct reports and will manage your own portfolio...


  • London, United Kingdom Prime Personnel UK Full time

    This niche and prestigious Wealth Management team is looking for an addition to their Portfolio Management group. The team provides discretionary and non-discretionary services across a large and interesting mixed asset suite to High Net Worth clients based in the UK and abroad. The role involves all support and administration duties to include: Pitch...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London.They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team.As Payroll Assistant Manager, you will have 4 direct reports and will manage your own portfolio...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...


  • London, United Kingdom Portfolio Payroll Limited Full time

    Portfolio Payroll are currently partnered with a medium-sized firm of chartered accountants based in Central London. They are looking to hire a Payroll Assistant Manager to support the Payroll Manager in the day to day supervision and guidance of the payroll team. As Payroll Assistant Manager, you will have 4 direct reports and will manage your own...

  • Portfolio Manager

    1 month ago


    London, United Kingdom Schroders Full time

    Who we're looking for at Cazenove Capital  We're looking for a Portfolio Manager to join our Wealth Management division known as Cazenove Capital, which is part of the Schroders group. Someone who is passionate about delivering excellent client service and investment management for our clients.  We want someone who can work as a part of a team,...

  • Portfolio Manager

    1 month ago


    London, United Kingdom Lawes Insurance Recruitment Full time

    Insurance Industry Sectors: Commercial, Portfolio Management The role:   Lawes Consulting Group are currently working with one of the Top 10 Lloyds Syndicates who are recruiting for a Portfolio Manager for their office in the city of London.  Responsibilities:  Working closely with head of portfolio management and Senior portfolio managers to build...


  • London, United Kingdom Bruin Full time

    Ref: 37464Multi-Asset Assistant Portfolio Manager  London, UKThe role and the companyBruin has partnered with a leading currency asset manager who are seeking an Assistant Portfolio Manager with 2-5 years of experience to join their team in London. The ideal candidate will have experience in multi-strategy portfolio management across various asset classes,...

  • Portfolio Manager

    7 days ago


    London, United Kingdom Avencia Consulting Full time

    We have an exciting opportunity for a Portfolio Manager to join the Markel team in our London office. The PDS (Portfolio Development Solutions) team is a multi-functional empowered, creative and autonomous team within Internationals largest Underwriting division, Wholesale. It is embedded within the underwriting business and is represented within the...


  • London, United Kingdom KFS Recruitment Full time

    Bridging Loan Portfolio Assistant London We are pleased to be working with a leading bridging finance provider based in London, who fast and flexible bridging loans to their valued intermediaries and clients. The Loan Portfolio Assistant will support the management and administration of the loan portfolio. This position requires strong analytical skills,...

  • Portfolio Manager

    1 month ago


    London, United Kingdom eFinancialCareers Full time

    A major international bank based in London. **Description** **Portfolio Manager - Director Accountabilities & Responsibilities** Based on the needs and maturity of the organization, the Project Portfolio Manager is responsible for the following: - Build out the portfolio management function, be the chief architect and steward of the portfolio management...


  • London, United Kingdom in Newbury Full time

    Senior Portfolio Manager 1-2 days London office each week Apply online only) per day Outside IR35 My client, a consultancy is looking for a Senior Portfolio Manager to join their fast-paced team on an initial 3-6 month contract. The ideal candidate will have Portfolio Level experience delivering large CRM based projects such as SAP , Oracle and...