Manager, Investment Performance Oversight - Schroders Personal Wealth

Lloyds Banking Group
London, United Kingdom
14 Aug 2019
13 Sep 2019
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
End Date
Thursday 22 August 2019

Salary Range
£58,626 - £65,140

We support agile working - click here for more information on agile working options.

Agile Working Options
Other Agile Working Arrangements / Open to Discussion

Job Description Summary
The role reports into the senior manager, investment performance. The role holder will assist the senior manager in performance monitoring and analysis with a particular individual focus on funds held in the ACD. The role will then require reporting and attendance for various committees and forums. The role will assist in defining and monitoring investment risk within portfolios on an ongoing basis.

Job Description


Schroders Personal Wealth combines over 400 years of expertise from two leading British companies - partnering to bring financial planning services to more people in the UK.

Schroders Personal Wealth combines Lloyds Banking Group's significant customer base, multi-channel distribution and digital capabilities with Schroders' investment and wealth management expertise and technology capabilities.

Our focus is on the personal relationship we develop with our customers, underpinned by our multi-channel customer reach and our global investment expertise. Our aim is to become a top UK financial planning business within five years.

Would you like to be part of making this possible ?

Based in Central London, the Investment Office oversees the management of the client investment strategies delivered through an outsourced investment management model and an internal Authorised Corporate Director (ACD). This team has accountability for defining and maintaining appropriate investment mandates for its products, ensuring performance delivery of model portfolios and robust processes for underlying manager selection and portfolio implementation.

The position

This role reports into a Senior Manager within Investment Risk and Governance team of the Investment Office. Key activities will include:

  • Performance monitoring and analysis - assist the senior manager in the monitoring and analysis of the outsourced investment manager's decision making and performance, primarily in relation to ACD funds, reporting results into an ACD investment committee.
  • Provide effective oversight of the manager and sub-advisors - ensuring appropriate challenge of the investment process and outcomes.
  • Investment risk - assist in defining risk tolerance levels, mandate parameters and restrictions for the given investment strategy, including exposure to derivatives and FX.
  • Monitor investment risk and challenge through in-depth analysis, including risk decomposition and changes in risk profile such as style or factor exposures.
  • Contribution to forums and committees on ACD investment risk
  • Assessment of performance of funds and managers against benchmarks and peer groups.
  • Assessment of liquidity policies and monitoring of liquidity risk.
  • Supporting the wider team with analysis and projects as appropriate

Experience, Skills, Capabilities required

  • Experience in providing performance and investment risk analysis, reporting, oversight and attribution of various types of funds and portfolios.
  • Able to defend confidently and strongly client interests and challenge investment managers at a deep technical level
  • IMC qualified, and CFA level 1 or equivalent
  • Familiarity with common risk analytics tools used in asset management an advantage
  • Good communication skills
  • Strong Stakeholder management
  • Strong understanding of ethics, conflicts of interest management, and demonstrated values and behaviours aligned to the expectations at SPW

Our ethos is to provide equal opportunities to all, and to ensure we represent the communities we serve.

If like us, you're more motivated by customers than by target, and you'd thrive in a culture that is values and client led - come and talk to us. Select the Apply Now button to start the conversation.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.

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