Contribute to the research of existing and potential external asset managers to help meet the Scheme's long-term investment objectives.
Analyse and review existing mandates to ensure ongoing fitness for purpose and produce regular monitoring reports.
Work with internal asset class desks to ensure appropriate diversification of alpha sources and to maximise the benefits of the external manager programme.
Participate in early-stage research on new managers and strategy types that could play a role within the Scheme's investment strategy in future.
Establish and strengthen relationships with external managers.
Support the mandate search process, producing initial long- and short-lists of potential managers, working with internal and external stakeholders as necessary.
Undertake qualitative and quantitative due diligence (DD) on prospective managers.
Ensure that all DD reports and supporting materials are prepared and filed on a timely basis.
Contribute to improvements in the DD process over time.
Guide managers through the DD process, working closely with other members of the Investment Product Management team, operational due diligence, performance & risk, and responsible investment teams as necessary.
Work closely with the legal and operational teams on negotiating investment management agreements and side letters with managers.
Contribute to the manager on-boarding and mandate implementation process.
Technical Competencies, Skills and Experience
5+ years experience in the investment industry with significant exposure to manager research and selection activity
Intellectual curiosity and a passion for investment
Strong quantitative and qualitative analytical skills
Highly numerate and computer literate
Strong communication skills (both written and oral)
Ability to prioritise effectively and to manage multiple projects
Ability to deliver high quality work under time constraints
Attention to detail
Relevant qualifications (e.g. CFA / actuarial / IMC)