Investment Policy Analyst

Key purpose of the role:

  • To be a point person in the London office providing support to the CIO UK and Investment Policy team by collecting information and coordinating/executing projects related to portfolio management, trading and performance related items.
  • These will include and not limited to reviewing investment policy statements; peer group analysis & rank analysis against competitors; broker reviews & trade cost analysis; stress testing and understanding relevant regulatory requirements (e.g. unbundling of commission, research budgets).

Key Responsibilities & requirements

  • Reviewing Investment Policy Statements
  • Peer group analysis & rank analysis against competitors.
  • Exposure to regulatory issues
  • Broker reviews & trade cost analysis
  • Stress testing
  • Unbundling of commission.

Main Responsibilities:

Performance:

  • With the assistance of the Investment Policy Team, develop and maintain Fund/Pool/Model Investment Policy Statements for the companies solutions line up.
  • Conduct periodic internal funds' peer group reviews, suggest appropriate changes within the scope of the companies' customisation process, and maintain the peer group database.
  • Analyse and understand Morningstar, Mercer and select consultants' peer groups to help them understand their current and potential peer groups' characteristics, alpha targets, value-added objectives, create performance grids and work on ad-hoc requests.
  • Regular reporting and portfolio monitoring including liquidity report, market cap monitoring report.
  • Assist with co-ordination of mandates, gathering explanations for breaches, sign offs.

Year-End Reviews

  • Portfolio manager and trader performance measurement involving template maintenance, benchmarking and peer group analysis.
  • Help C.I.O. with assembling and tracking performance metrics in support of remuneration issues for the investment team.

Trading/Operations

  • Assist in broker reviews, monitoring and assessments.
  • Assist in monitoring trading activity within the group, including best execution monitoring, trade cost analysis, commission management and exception reporting analysis.
  • Monitor Charles River exemptions and follow up with portfolio managers when required. Escalate with the VP Investment Policy if violations are not cleared.
  • Help with co-ordinating TCA analysis across Global asset Management.
  • Chair the UK TMOC and act as link between UK traders and V.P. Investment Policy.

New Ideas

  • Liaison with the Product Team and Investment Management Team with regard to new idea generation, identifying new opportunities, new product design and characteristics.
  • Conduct proposed product stress testing to determine key product features, potential risks and recommend benchmarks where appropriate.

Team

  • Assist other Investment Policy team members with all other project work.

Research

  • Chair the Unbundling committees that oversee and test research budgets and allocations.
  • Manage UK research expenditure in order to maximise service levels received.

EDUCATION & EXPERIENCE

Required

  • University degree or equivalent
  • CFA or commencement of study for the CFA
  • Prior relevant experience within performance analysis and/or middle office support from an Investment Management environment.
  • Familiarity with Charles River system

Preferred

  • Systems knowledge of : Bloomberg, Morningstar Direct, Eagle

WE REGRET THAT DUE TO THE HIGH VOLUME OF APPLICANTS ONLY SHORTLISTED CANDIDATES WILL BE CONTACTED.