Assistant Portfolio Manager – Operational Due Diligence

We are now seeking an Assistant Portfolio Manager to assist in the preparation and maintenance of extensive due diligence reports. You will support investment decision making and portfolio construction using internal and external sources of data and research.

Performing ongoing monitoring of existing managers and underlying strategies, including co-ordination of process, you will identify risks in all areas of the business and notify any such risks to your People Manager and the relevant teams.

About You

• We’re looking for people with experience in the finance and investment universe
• Ideally you would have operational due diligence experience but that is not essential
• Perhaps you have accounting experience, investment analyst, work in IT, data, internal audit, investment operations or a related area
• You might have experience in research, monitoring and oversight of external investment managers
• Working knowledge of private markets or real estate preferred but not essential
• Excellent written and verbal communication skills, being able to communicate effectively
• Strong organisational and time management skills
• Ability to interact across departments and establish relationships in order to source requisite information and documentary evidence
• Please note that this is not a KYC/AML due diligence role.

About Us

Based in Leeds, We are the largest LGPS (Local Government Pension Scheme) pool in the UK. We are owned by 11 Local Government Pension Schemes (‘Partner Funds’). The Partner Funds represent 3,100 employers and over a million members.

The Partner Funds are Bedfordshire, Cumbria, Durham, East Riding, Lincolnshire, North Yorkshire, South Yorkshire, Surrey, Teesside, Tyne and Wear and Warwickshire.

The Partner Funds have c.£64bn in investments, of which we are directly responsible for the management of £40.3bn (as of 31 March 2024). We also provide support and advice on a further £8.2bn, primarily invested in index funds, which sit outside of the pool.

We offer our 11 Partner Funds investment opportunities across equities, fixed income, private markets, and global real estate. UK real estate is under development.

Since launch, we have been awarded ‘Best Pool of the Year’ at the LAPF Investment Awards three years out of four, most recently won the ‘Pool Innovation of the Year’ and named at the Professional Pensions UK Pensions Awards as ‘Equity’ and ‘Alternatives Manager of the Year’.

In 2024, we were also awarded Sunday Times Best Place to Work

You will have access to our excellent benefits:

• Vitality Health Insurance for all employees
• Employee Assistance Programme
• A generous holiday allowance of 30 days a year, plus bank holidays, as we feel it’s important for colleagues to maintain a healthy work-life balance.
• Professional Development
• Critical Illness Cover
• Pension scheme
• Stunning Leeds city centre location only a short walk to the train station
• Cycle to work scheme
• Life Assurance 6x of salary
• Sustainable travel plans and public transport discounts
• Range of discounts for Leeds gyms, shops and restaurants