The Portfolio Solutions Group is responsible for delivery of derivative based, outcome orientated solutions to Schroders clients and has experienced rapid growth over the last 36 months. The team consists of the Head of Portfolio Solutions, 7 Portfolio Managers, 4 Derivative Structurers and 8 Solutions Managers. It manages c. £17.5bn of solutions as at 31 December 2014. The clients are predominantly defined benefit pension schemes accessing LDI overlays, although this is increasingly broadening into other areas. In particular, the team also provides specialist derivative and synthetic overlay services across other asset classes.
The successful candidate would be responsible for taking a core role in ensuring success in the team's efforts to:
– Educate / train Trustees and other stakeholders in the LDI process – Evaluate liability sensitivities, design and deliver portfolio solutions in conjunction with the Strategic Solutions, Portfolio Management and Derivative Structuring Teams – Work with colleagues to deliver client solutions. In particular, they would take the lead and ownership of delivery of the solution for a specifically allocated client roster. – Assist in developing and improving the existing infrastructure to enhance the control environment and scale-ability of the solution design, delivery and reporting process – Work with distribution and the consultant relations teams to promote Schroders solutions and wider capabilities amongst consultants – To promote Schroders thought leadership to a wide audience including publications, press and conference presentations – To develop, in collaboration with distribution, the portfolio management and derivative structuring team new products and solutions for both the institutional and intermediated markets – To sell Schroders' capabilities to potential clients as part of the education and beauty parade processes – Work with distribution, the portfolio management and derivative structuring teams to ensure the control environment surrounding solution delivery is robust
The essential skills a candidate should demonstrate are:
– A proven track record of solutions management (or equivalent) at (preferably) an established LDI house, banking environment or specialist team within an investment consultancy – Derivative knowledge and understanding – One or more of the following skills: part/fully qualified actuary or CFA or equivalent capital markets experience – An ability to show initiative, value teamwork, effectively prioritise tasks and juggle competing business requirements – A capacity to manage change and growth in a risk controlled manner – Presentation and sales skills – Be able to demonstrate a capacity to work cooperatively with other investor groups, distribution and infrastructure – Dependable and reliable delivery of work under their own initiative
The desirable skills a candidate should demonstrate:
– A understanding of capital markets, the broader macro picture and how that affects the group's clients both in terms of economic outcome and an understanding of the opportunities that may present