Graduate Trainee

LGPS Central Limited
Wolverhampton, United Kingdom
Apr 08, 2021
May 08, 2021
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
LGPS Central Limited has been established to consolidate and manage the pension fund assets of eight Midlands-based local government pension funds.

We are now looking for a number of Graduate Trainees to join our Company, rotating through various departments. Based in Wolverhampton, the successful candidates will work closely with various stakeholders ranging from external Clients to internal Portfolio and Operational Managers.

Graduate Trainees will learn how to operate in both the back and middle offices as they rotate through different asset classes and strategic functions. Tasks are varied, and will include meeting with external clients, giving presentations to stakeholders, and researching global markets amongst other things.

As a Graduate Trainee you will follow a structured and comprehensive training programme which will develop your personal and technical capabilities, with an aim to secure a permanent position at the end of the Graduate Programme.

Applicants should be qualified to degree level with a 2:2 or above. Training will be undertaken during the 24-month placement, with applicants initially completing the Investment Management Certificate (IMC). A full role profile is attached.

Full details on the role, benefits and Careers at LGPS Central Limited please see the website:

If you are interested in applying for this position, please complete the Equality Monitoring Form with your full CV and a covering letter, highlighting your motivation for joining an investment management firm and send this to

If you have any further questions on our Graduate Scheme, please email your query to the address above or contact Bex Gerrard at

About LGPS Central Limited

LGPS Central Limited is a fund management company, regulated by the Financial Conduct Authority (FCA), managing the pooled assets of nine Midlands-based local government pension funds.

With combined assets of approximately £45bn and representing the retirement savings of
approximately 1 million scheme members across over 2000 employers.

LGPS Central Limited is owned equally by the pension funds and is dedicated to the management of local government pension assets. The aim of the Company is to use the combined buying power of its Partner Funds to reduce costs, improve investment returns and widen the range of available asset classes for investment - all for the benefit of local government pensioners, employees and employers. We are also committed to fully integrating Responsible Investment and Engagement into all our investment processes.

We are a diverse and inclusive employer and would welcome interests from all sections of the community.

Role Purpose

Role Purpose:

LGPS Central is looking for candidates seeking an opportunity to build a career in investment management to join our LGPSC team based in the Midlands (Wolverhampton or Matlock), the successful candidates will work under the supervision of Portfolio Managers and Investment Managers to learn how we operate both from a back and middle office perspective - manage risk and compliance, finance, operations, analyse and select investments, construct investment portfolios, and develop investment strategies.

We offer Graduate Trainees excellent prospects for professional development and learning, including financial support to gain relevant professional qualifications (IMC, CFA and equivalent), and career progression. In your first 12 months, you will complete the IMC giving you a good oversight of Investment Management.

  • NA

  • Health and Safety
  • Performance management and reporting
  • SMCR - Conduct Staff

Delegated Authority Levels:
  • NA

Reports to:
  • Relevant business area lead

Relationships Internal:
  • Executive Directors, Board, Non-Executive Directors, Heads of Service, Portfolio Managers and other LGPSC staff

Need to do

  • Participate in the training programme at LGPS Central rotating across asset classes to gain experience of different investment styles and strategies and across other back office functions
  • Understanding the critical role other areas such as Compliance, Risk and Operations
  • Studying for the IMC and subsequently other specialised exams eg CFA depending on role
  • Recommend investment ideas into the LGPS Central mandates using the asset class Investment process
  • Learn to carry out analysis of risk, sectors, styles, due diligence
  • Understand Responsible investment under the direction of the portfolio managers.
  • Manage risk and compliance in accordance with the LGPS Central Risk and Compliance Framework.
  • Support a culture of high performing, collaborative, research-based investing across LGPS Central.
  • Support research and operational tasks building knowledge and understanding as well as interdependencies of outcomes
  • Support projects and programmes across the departments

Need to know

  • Prepared to study for the IMC and then a relevant qualification to the role
  • Demonstrate good judgement, numeracy and analytical skills.
  • First class interpersonal and communication skills.
  • High aptitude for systems/technology
  • Flexibility in working across a variety of tasks and rotating across the business
  • Self- starter, initiative, curiosity and team player

  • Degree level 2.2 or above

Values and Behaviours

  • We are a great place to work.
  • We are Client Focused.
  • We are Inclusive.
  • We are Ambitious.

  • Open, fair and transparent, acting with integrity.
  • Doing the right thing.
  • Honest and trustworthy.
  • Empowered in making right decisions
  • Accountability for results and delivery
  • Empowered in making right decision.
  • Collegiate and Collaborative.
  • Valuing and treating everyone equally.
  • Listening to individual ideas to support growth.

LGPS Central Limited provides an exciting, supportive and family-friendly working environment, and we are committed to helping our people achieve their full potential and a healthy work-life balance. We are an inclusive employer and offer equal opportunities to all regardless of an individual's age, disability, gender identity, marriage or civil partnership status, pregnancy or maternity, race, religion or belief, sex and sexual orientation. Candidates who declare that they have a disability and who meet the essential criteria for the job will be offered an interview.