Schroders is a FTSE 100, global asset management company with over £100 billion under management on behalf of institutional and retail investors, financial institutions and high net worth clients from around the world, invested in a broad range of asset classes across equities, fixed income and alternatives.  Asset management is our only business and our goals are completely aligned with our clients’ – the creation of long-term value. We employ more than 2,600 talented people worldwide, operating from 35 offices in 26 different countries across Europe, the Americas and Asia Pacific close to the markets in which we invest and close to our clients. Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationship and growing our business. 

Throughout our 203 year history, our people have always been our most important asset, at the heart of everything we do. At Schroders, we are committed to recruiting, retaining and developing talented individuals in order to deliver our potential as an organisation. Our values start with a commitment to Excellence in everything that we do. Excellence is achieved through Innovation and Teamwork - the constant search for new solutions and the understanding that we will only achieve real excellence through working together. Our two key drivers are Passion - an unswerving commitment to our clients and Integrity - honesty and straightforwardness which must underpin all of our relationships.

Employment Experience

We recognise the importance of making Schroders an employer of choice. We ensure that our employees understand our strategic aims and objectives and are clear about their role in achieving them, and have policies and practices that make Schroders a desirable place to work. We encourage employees to act ethically and be aware of the wider community.

We operate from 36 offices in 26 countries. Our global reach and diverse product range means we are able to offer an exciting range of career opportunities both in the UK and abroad. Schroders is a dynamic organisation that prides itself on innovation and specialisation and encourages innovative and entrepreneurial individuals to deliver leading edge solutions to our clients.

We seek to ensure that our workforce reflects, as far as practicable, the diversity of the many communities in which we operate. At Schroders we also recognise the diverse needs of our employees in managing the responsibilities of their work and personal lives. We believe that achieving an effective balance in these areas is beneficial to both the Company and the individual and look to offer a flexible approach to determine when, where and how work can be done.

Team Overview

The Liability Driven Investment team is responsible for the design, implementation and management of solutions for investors that are focused on generating sufficient returns to meet liabilities whilst managing the liability risks inherent in those payments.

The team is part of the multi-asset division of Schroders.

Overview of role

Key duties

Meet the performance objectives for the portfolios assigned to manage.

Ensure that portfolios are managed in accordance with the stated investment process for the respective products.

Ensure that the models and portfolios are managed within the agreed risk framework for the respective products, and that and breaches of investment parameters are escalated to the Desk Head in a timely manner.

Ensure that the portfolios are managed in accordance with the investment mandate agreed with the client.

Ensure that sufficient personal training is undertaken each year to satisfy threshold competency requirements.

Contribute to the generation new products.
 - Play a key role in ensuring that the portfolios are managed in a strong control environment using scaleable investment techniques.
 - Contribute towards obtaining favourable ratings from the consultant community
 - Supervise members of the investment team for whom there is line management responsibility

Essential Skills

Detailed understanding and experience of:

-LDI instruments

-Actuarial liabilities

-Investment Management Processes and risks

A strong understanding and ability to use excel to generate investment management tools

Ability to work constructively with colleagues within the team and across different functions both within and external to Schroders

Attention to detail.

Desire to take ownership and responsibility for the mitigation of the business risks arising in a portfolio management role

Desirable Skills

An ability to take responsibility for and lead projects that will make material changes to the investment infrastructure and processes

An understanding of and a desire to participate in the capital markets including identifying and communicating the implications of changes in market levels and conditions for the LDI business model and clients’ requirements

An intellectual flexibility and maturity that can understand both the details of a problem and also the relevance/importance of those issues when the problem is seen in its wider context. 

The successful candidate would have one (or more of) the following experience/qualifications:

-Two or more years investment banking in front or middle office with investment systems/processes exposure as well as exposure to the interest rate/inflation/LDI/derivatives trading and/or sales desks

-Two or more years investment consulting or actuarial background with directly relevant LDI experience

-Two or more years investment management (portfolio construction) experience

A high level of competence in visual basic or other programming languages/applications

Schroders is an equal opportunities employer and welcomes applications regardless of sex, marital status, ethnic origin, sexual orientation, religious belief or age.

“The job holder has responsibility to pay due regard to the interests of our customers and treat them fairly, ensuring that the information provided to clients on products and services is clear and useful and enables them to understand fully what they are being offered. They are required to familiarise themselves fully with current procedures, FSA compliance requirements, and the principles behind ‘Treating Customers Fairly’.