junior policy officer jobs

Join LGPS Central at a pivotal moment-where investment meets long term impact.

Based in the Midlands, the Senior Portfolio Manager - Private Equity will play a key role within the Private Markets team, supporting the Investment Director - Private Equity in the management, development and oversight of LGPS Central's Private Equity portfolios.

The role focuses on origination, due diligence, execution and ongoing management of Private Equity fund commitments and co investments, alongside oversight of existing internally and externally managed portfolios. You will contribute to the evolution of Private Equity strategy, ensure robust decision making, and deliver strong outcomes for Partner Funds within a regulated, responsible investment framework.

This role is a Certified role under the Senior Manager's Certification Regime and will be subject to Fitness and Propriety assessments and other applicable regulatory requirements.

What you'll be doing:

• Assist in the management and oversight of LGPS Central's Private Equity portfolios, ensuring alignment with Partner Fund objectives.
• Originate, analyse and execute Private Equity investments, including primary fund commitments, secondary transactions and co investments.
• Lead and support detailed due diligence processes, including commercial, financial, legal, ESG and risk assessments, working closely with internal teams and external advisers.
• Present investment opportunities and portfolio updates to the Investment Committee and Private Markets Investment Committee.
• Support the development and delivery of Private Equity strategies, keeping approaches under review in light of market developments, regulatory change and Partner Fund requirements.
• Actively support the integration of Responsible Investment and ESG considerations into all stages of the investment process, working closely with the Responsible Investment and Stewardship team.
• Monitor portfolio performance and risk, ensuring investments are managed in line with the Prospectus, Investment Management Agreements and the Risk and Compliance Framework.
• Represent LGPS Central on Limited Partner Advisory Committees where appropriate.
• Contribute to the development of new fund structures and internally managed vehicles as the Private Equity platform evolves.
• Act as an ambassador for LGPS Central within the investment community, including engagement with Partner Funds, managers and industry forums.
• Champion a high performing, collaborative and research driven investment culture across the Private Markets team.
• Line manage and develop junior members of the Private Equity team, supporting capability, succession planning and professional development.

About Us

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.

LGPS Central's Partner Funds are:

• 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.

Requirements

• Experience of collaborative investment decision making and portfolio management at a senior level.
• Demonstrates and can articulate portfolio construction and investment selection skills.
• Can evaluate performance and risk of investment portfolios objectively.
• Experience of management and oversight of internal and external investment portfolios across multiple asset classes.
• Has successfully built, run, and developed high performing investment teams.
• Market acknowledged leader and subject matter expert in asset class
• High degree of professional ethics, integrity, and gravitas.

Core Competencies

• Decision Making - Excellent judgement and decision making
• Influencing & Communication - confidence and ability to communicate and influence at all levels.
• Strategic awareness - of business priorities and how departmental activities contribute to this.
• Planning & Organisation - of self and team workload, with ability to delegate effectively.
• Thinking & Innovation - bringing learnings and knowledge into the business and being forward looking
• Leadership & Inspiration - acts as a role model, effective people management, empowering and trusting teams to deliver in a 'safe' environment.
• Client/Customer Focused - putting customers/clients at forefront, being responsive, effective trusting and credible relationship building on behalf of LGPSC.

Qualifications:

• CFA or equivalent qualification/ relevant investment experience.
• Preferably degree level or equivalent in relevant discipline
• Has or can meet all the requirements of being an FCA approved person

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• An extra paid Company Day in addition to paid holidays
• Excellent Learning & Development Opportunities
• Welfare and Family friendly policies
• Enhanced pay for new parents
• 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
• Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022
• 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