Portfolio Manager Equities

Role Overview

You will take ownership of an institutional investment portfolio, making day-to-day decisions that balance return targets with the organisation’s liability obligations, liquidity needs, and regulatory boundaries. Your work directly supports the solvency and long-term financial health of the business, requiring you to move seamlessly between market analysis, trade execution, risk monitoring, and clear communication with internal and external stakeholders. This is a hands-on investment role where disciplined judgment and attention to compliance detail matter as much as market insight.

Key Responsibilities

• Design and maintain portfolio strategies that align with the Investment Policy Statement, asset-liability management requirements, and the company’s capital position, adjusting asset allocation and duration as market conditions or liability profiles evolve.
• Construct and rebalance multi-asset portfolios across government securities, corporate bonds, money market instruments, listed equities, collective investment schemes, and any permitted alternative assets, ensuring compliance with concentration and eligibility limits.
• Conduct fundamental and quantitative research on macroeconomic trends, interest rates, credit quality, and equity valuations to generate investment recommendations and identify relative-value opportunities.
• Execute trades with counterparties according to best-execution standards and delegated authority, while building productive relationships with banks, brokers, fund managers, custodians, and rating agencies to secure liquidity and market intelligence.
• Monitor portfolio risk metrics including market, credit, liquidity, duration, and counterparty exposures; run stress tests and scenario analyses, and implement corrective actions when limits are approached or breached.
• Prepare investment notes, board papers, and quarterly performance reports that attribute returns to specific decisions—such as duration positioning, sector selection, and security choice—and explain the drivers to non-specialist audiences.
• Collaborate with actuarial, finance, and risk teams to ensure investment decisions reflect product guarantees, reserving assumptions, and expected cash flows, and support audits and regulatory reviews with accurate documentation.

Requirements & Qualifications

• 5–8 years of experience in portfolio management, treasury, investment research, or asset management within a financial services environment, with demonstrated responsibility for fixed income or multi-asset portfolios.
• A bachelor’s degree in Finance, Economics, Actuarial Science, Accounting, Mathematics, Statistics, or a related field is required; CFA Level II/III, FRM, MBA, or MSc Finance are strong advantages.
• Proven understanding of investment regulations, admissible assets, concentration limits, governance expectations, and market conduct standards, ideally within an insurance or pensions setting.
• Practical knowledge of ALM concepts including duration matching, liquidity stress testing, and solvency/capital implications.
• Strong analytical skills in fixed income analytics (duration, convexity, yield curves, spread risk), credit analysis, equity research, and performance measurement with attribution.
• Advanced Excel and financial modelling skills, plus working familiarity with portfolio/dealing systems and data platforms such as Bloomberg or Refinitiv where available.
• Excellent stakeholder communication, sound judgment under uncertainty, and a consistently high standard of integrity and risk awareness.