About LPPI (-%About LPPI)

This new role within our Business Change team has been created to help deliver LPPI's large roadmap of change as part of it’s growth agenda and business plan objectives over the next two to three years. As well as the continual cycle of Adaptive Changes that provide process improvements to the business.

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

The BCO Project Manager will work closely with the Business Change Manager (BCM) and Chief Operating Officer (COO) to support LPPI with its delivery of the change roadmap and Adaptive Changes whilst ensuring alignment to the LPPI Project Management Framework and acting as an advocate for the Business Change Office.

The BCO Project Manager will be responsible for investigating and analysing business problems, identifying and evaluating options for improving business systems and/or processes and managing initiatives through to successful delivery.

Key Responsibilities (-%Key responsibilities)

Reporting to the Business Change Manager, the BCO Project Manager’s core responsibilities are as follows:

Project Management
• Full project life cycle ownership: successful project delivery will include full implementation from initiation to deployment.
• Develop and manage all aspects of project engagement from planning, external vendor relationships, communications, resources, legal agreements, change, risks, and issues.
• Take an active part in shaping the solutions being designed and challenge others to ensure results are optimised in line with our target operating model.
• Ensure clear timelines and milestones are agreed with key stakeholders; and where these are not met that there is clear escalation and rationale for change in timelines.
• Take ownership of project working groups and/or or steering committees (as appropriate).
• Budget ownership and monitoring throughout project lifecycle (as appropriate).
• Manage any Change Requests required due to scope or budget changes.
• Determine resourcing required to support project delivery.

Business Analysis
• Provide analysis on proposed new initiatives, assisting the business with options assessment and proposal / recommendation to ExCo i.e. cost-benefit analysis and Business Cases.
• Document business processes, capturing both ‘as-is’ and ‘to-be’ states, whilst incorporating and understanding LPPI’s data model.
• Assess impact of proposed initiatives / changes on LPPI’s operating model.
• Liaise between the business and IT, facilitating communication between business leaders, SMEs, IT and Business Change.
• It would be beneficial if the role holder has experience in eliciting requirements from SMEs and business stakeholders to produce a Business Requirements Documents (BRD).

Support the Business Change Office
• Assessment of new Change Briefs and Business Cases – providing support to the business requestor regarding process and documentation, helping them where necessary to articulate the need, benefits, risks and costs. This may mean taking the lead on behalf of a business requestor to produce the relevant documentation for approval.
• Project management of Adaptive Changes where necessary in line with the Project Management Framework.
• Acting as a ‘go-to’ for initiatives that are being led by business resources, providing guidance on project management principles, best approach and the Project Management Framework.

Requirements for the role (-%Requirements for the role)

• Experience in leading and managing projects across multiple business functions at an investment management company.
• Knowledge of investment management systems and processes in use at LPPI.
• Experience using Business Process Modelling.
• Experience of requirements elicitation and design, and operating model definition.
• Experience of contribution to / creation of business cases.
• Excellent understanding of project management principles, methods, and techniques.
• Good understanding of the end-to-end processes, systems and data models employed within investment management companies.
• Understanding and experience of client facing functions within investment management companies.
• Experience of investment operations including collateral, securities lending, and reporting.
• Sound understanding of IT software and infrastructure.
• Ability to think creatively, challenge the status quo, and lead the problem-solving thought process for complex proposition development.
• Ability to communicate technical topics with a non-technical audience.
• Excellent stakeholder management.
• Good conduct that is consistent with the LPPI values- aligned behaviours

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI (-%About LPPI)

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

LPPI’s stewardship operating model places principal responsibility for stewardship on Portfolio Managers and the respective asset class teams. LPPI’s stewardship approach (processes, activities and their outcomes) face considerable scrutiny due to expanding regulation and increasing expectations from clients and the wider market. Remaining well positioned in this context and efficiently meeting industry standards (TCFD, UK Stewardship Code, PRI, and LPPI’s net zero commitment) demands strong stewardship logistics.

Building internal capacity within asset class teams for planning, conducting and evidencing active stewardship requires subject matter expertise (SME) in stewardship (specifically post investment analysis planning and execution) and stewardship systems (coherent data management, proportionate record keeping, and efficient reporting).

Partner with the Responsible Investment and asset class teams to support LPPI’s continuing evolution as an active steward of client capital. This means they will be responsible for providing expert advice to asset class teams, supporting engagement activity as appropriate and directly helping to build resilient internal systems, exercise contextual pragmatism, and anticipate future demands when operationalising stewardship routines/standards.

Key Responsibilities (-%Key responsibilities)

• Develop a strong collaborative working relationship with the Responsible Investment Team, both to understand corporate objectives/requirements, interpret broader market trends and share synergies in their translation into LPPI and asset class contexts.
• Confidence of asset class teams, through professional knowledge (SME), hands on support, and skills transfer through coaching (building internal capacity, confidence and capabilities within asset class teams).
• Helping asset class teams define/refine IPV-centric approaches to corporate policies, procedures and practice standards for stewardship (implement systematic ESG integration, identify significant and emerging risks, prioritise material engagement topics, produce and execute an annual engagement plan, set stewardship objectives, plan stewardship activity, monitor progress, track/measure outcomes).
• Advise on, help to implement, and have general oversight of systems for collecting/ collating *extra-financial data sourced directly by asset class teams for stewardship purposes (whether from investee companies, delegate asset managers or elsewhere).
• Ensure locally sourced information is populated into corporate data platforms which enable consistent organisation-wide use, liaising with system/platform owners and technical staff as required.
• Contribute to corporate initiatives which aim to improve the scope, facility, efficiency, and ease of use of data platforms and the effectiveness of stewardship processes.
• Provide direct support for solving stewardship data needs, including factor/thematic (e.g. climate change) and specific (e.g. LPPI’s net zero commitment) working collaboratively with lead colleagues (Responsible Investment, Enterprise Risk, Investment Risk, Compliance etc) to catalyse cohesive corporate solutions.
• Support the interpretation and analysis of extra-financial data and its use within stewardship planning/execution, helping to build capacity confidence and experience within asset class teams
• Foster a consistent approach to recording the stewardship activity undertaken by asset class teams, with record keeping able to support systematic review/analysis/reporting and the operation of LPPI’s internal governance processes
• Partner with FAARRI and LPPI’s 2nd line teams to agree and produce asset class specific information/metrics and have input to portfolio-wide KPIs for the purposes of internal monitoring and external disclosure
• Contribute to LPPI’s reporting on stewardship activity and its outcomes (internally, to clients, and against broader external disclosure standards including TCFD, the UK Stewardship Code and the Principles for Responsible Investment).

*extra-financial means in addition to purely financial data (investment valuation/performance data which is produced/managed centrally). It spans the variety of contextual data types that support evaluation of portfolio sustainability (whether the required level of return will continue into the future) and facilitate analysis, decision-making, prioritisation for focussed asset management activity, and reporting (at individual asset, overall asset class, IPV and portfolio level).

Requirements for the role (-%Requirements for the role)

• Deep and current subject matter expertise in Real Assets (Real Estate and Infrastructure) stewardship (core dimensions and current industry/regulatory trends as they apply to a UK asset management setting
• Relevant prior experience of supporting/facilitating/undertaking active stewardship gained in an equivalent setting or in a setting that provides significant and transferable stewardship experience relevant to the role and responsibilities.
• Familiar/directly conversant with core investment management processes (capital allocation, asset management, engagement, external manager oversight) with meaningful prior experience/hands on responsibility for direct stewardship (delivery) and advising/coaching/building capacity in others.
• Prior experience of overseeing, co-ordinating and directly fulfilling responsibilities for interpreting data requirements, identifying data sources, originating and collating data, and evolving local data systems
• Prior experience of efficient stewardship planning/ activity recording/reporting routines (calibrate and oversee systems and apply/utilise system output within stewardship and reporting).
• Able to engage across teams and relevant committees e.g. asset classes, stewardship and investment committees, responsible investment team, legal, compliance, risk etc.
• Experience of translating corporate stewardship strategy to asset class specific level, facilitating local stewardship strategy development and its practical implementation and oversight.
• Able to provide pragmatic and relevant subject matter expertise to experienced portfolio managers, within the context of collegiate asset class teams.
• Able to provide input to the development of broader LPPI stewardship strategy as an expert partner to portfolio managers/asset class teams, responsible investment team, other corporate process owners aligned to LPPI’s operating model
• Financial and/or sustainability qualifications a positive (e.g. CFA, ESG related certifications)

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI (-%About LPPI)

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

The Senior Analyst role sits within the Direct Infrastructure Investment team at Local Pensions Partnership Investments (“LPPI”). The Direct Infrastructure Investment team is responsible for investing and managing client capital committed to LPPI Infrastructure IPV, GLIL Infrastructure Fund and directly owned infrastructure assets.

The person’s role is to support the broader Infrastructure investment team in all origination, execution, asset and portfolio management activities related to LPPI Infrastructure IPV, GLIL Infrastructure Fund and clients’ directly owned infrastructure assets. The role encompasses analytical, communication as well as administrative tasks that enable the broader Infrastructure investments team to deliver on its mandate. The individual reports to Head of Investments, GLIL Infrastructure.

Key Responsibilities (-%Key responsibilities)

• Take responsibility and ensure that the internal financial models for direct Infrastructure holdings are accurate and properly maintained.
• Ensure that the Funds portfolio and the Funds exposure models are properly updated and maintained, are accurate and reflect the most recent information.
• Verify that the analysis and outputs produced by junior team members are accurate and ready for use by senior team members.
• Lead on quantitative analysis of potential Fund, direct and co- investment opportunities as directed, including development of cost models, business plans, sensitivity analysis, valuation outputs, etc.
• Support the team in monitoring Funds, co-investments and clients’ directly owned assets, tracking monitoring activities into internal systems.
• Support Asset Management activities for directly held infrastructure investments by taking full responsibility for production of relevant quarterly and annual portfolio valuation reports, monthly and quarterly commentary packs, presentations to Fair Value Pricing Committee and Investment Committee.
• Support senior team members on ad-hoc analysis during origination, execution, asset or portfolio management activities as required.
• Draft investment filter papers, post-meeting notes, Board pack comments and conference minutes as required.
• Provide commentary on the information captured as a part of investment stewardship process (engagement with managers and companies on ESG issues) for inclusion in LPPI’s quarterly Responsible Investment (“RI”) reporting to clients and external disclosure on stewardship (PRI/UK Stewardship Code).
• Provide required information to the Strategy team to enable Strategic Asset Allocation and Client Commitment analysis.
• Draft monthly asset commentary reports, quarterly and annual Infrastructure portfolio reports, Investment Committee papers, and ad-hoc reports as required and/or directed by senior team members.
• Liaise with wider LPPI functions, including RI, Compliance, Finance, ODD, CoSec and Legal teams and facilitate efficient information flow among the teams to ensure smooth origination, execution and asset and portfolio management processes.
• Coordinate closing processes for all types of investments with wider LPPI functions including Operations, Finance, CoSec, Legal and Communications teams.
• Prepare delegated authority notes to enable appropriate and timely response to the Fund managers’ requests.
• Coordinate preparation and distribution of KYC packs as requested by the third parties during investment execution process.
• Report on and keep log of any issues uncovered with the tools, systems, data and information supporting the investment strategy, investment due diligence and monitoring procedures.
• Contribute to the due diligence process for all types of Infrastructure investments and prepare the appropriate and accurate documentation to facilitate Investment Committee decision making.
• Provide all necessary accounting and administration information to the Operations and Finance Team as directed in order to aid the preparation of annual accounts and Committee reporting.
• Act as key liaison for all internal and external auditing matters arising in relation to the Infrastructure investments
• Assist the team in ensuring that the investments are managed in accordance with relevant LPPI responsible investment policies and frameworks.
• Support evaluation and analysis of the ESG characteristics of the investments (source/nature/scale of material ESG risk exposure) and contribute to addressing ESG risks as part of portfolio monitoring and oversight.
• Continually develop both knowledge and skill in the professional investments arena by maintaining up to date information in relation to market development and regulation changes, through the attendance of external seminars and other professional courses as necessary.

Requirements for the role (-%Requirements for the role)

• Demonstrated experience either on infrastructure deals or wider M&A gained at a Corporate, Investment Advisory, Financial Advisory or a Consultancy firm.
• Educated to graduate level (or similar) ideally gained within a Business, Finance and or investments related discipline.
• Working towards final stages of completion of a relevant Investments/Finance related qualification (CFA) with desire to actively maintain professional knowledge as required for the role.
• Knowledge and skills to develop, build and operate a fully integrated financial model.
• Understanding of various valuation techniques, with an emphasis on techniques used in private markets.
• Understanding of a typical direct investment due diligence process.
• Effective communication skills including the ability to influence and build good working relationships at all levels both internally and externally with potential partners and advisers.
• Good presentation skills (both preparation and delivery).
• Excellent level of numerical, analytical and report writing skills including a working knowledge of MS office tools to assist in the communication of key messages and to facilitate discussions and decision making.
• Strong attention to detail in analytical, numerical and written work produced.
• A proactive, self-motivated team player who has the ability to manage a high personal workload with multiple deadlines.
• Promotes positive behaviour through own actions and attitude with the ability to deliver solutions within a team environment and be a flexible and supportive team member.
• An understanding of the breadth of the diversity agenda including embedding good practice and an understanding of LPP’s commitment to combating discrimination and promoting equality of opportunity.

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI (-%About LPPI)

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

LPPI’s stewardship operating model places principal responsibility for stewardship on Portfolio Managers and the respective asset class teams. LPPI’s stewardship approach (processes, activities and their outcomes) face considerable scrutiny due to expanding regulation and increasing expectations from clients and the wider market. Remaining well positioned in this context and efficiently meeting industry standards (TCFD, UK Stewardship Code, PRI, and LPPI’s net zero commitment) demands strong stewardship logistics.

Building internal capacity within asset class teams for planning, conducting and evidencing active stewardship requires subject matter expertise (SME) in stewardship (specifically post investment analysis planning and execution) and stewardship systems (coherent data management, proportionate record keeping, and efficient reporting).

Partner with the Responsible Investment and asset class teams to support LPPI’s continuing evolution as an active steward of client capital. This means they will be responsible for providing expert advice to asset class teams, supporting engagement activity as appropriate and directly helping to build resilient internal systems, exercise contextual pragmatism, and anticipate future demands when operationalising stewardship routines/standards.

Key Responsibilities (-%Key responsibilities)

• Develop a strong collaborative working relationship with the Responsible Investment Team, both to understand corporate objectives/requirements, interpret broader market trends and share synergies in their translation into LPPI and asset class contexts.
• Confidence of asset class teams, through professional knowledge (SME), hands on support, and skills transfer through coaching (building internal capacity, confidence and capabilities within asset class teams).
• Helping asset class teams define/refine IPV-centric approaches to corporate policies, procedures and practice standards for stewardship (implement systematic ESG integration, identify significant and emerging risks, prioritise material engagement topics, produce and execute an annual engagement plan, set stewardship objectives, plan stewardship activity, monitor progress, track/measure outcomes).
• Advise on, help to implement, and have general oversight of systems for collecting/ collating *extra-financial data sourced directly by asset class teams for stewardship purposes (whether from investee companies, delegate asset managers or elsewhere).
• Ensure locally sourced information is populated into corporate data platforms which enable consistent organisation-wide use, liaising with system/platform owners and technical staff as required.
• Contribute to corporate initiatives which aim to improve the scope, facility, efficiency, and ease of use of data platforms and the effectiveness of stewardship processes.
• Provide direct support for solving stewardship data needs, including factor/thematic (e.g. climate change) and specific (e.g. LPPI’s net zero commitment) working collaboratively with lead colleagues (Responsible Investment, Enterprise Risk, Investment Risk, Compliance etc) to catalyse cohesive corporate solutions.
• Support the interpretation and analysis of extra-financial data and its use within stewardship planning/execution, helping to build capacity confidence and experience within asset class teams
• Foster a consistent approach to recording the stewardship activity undertaken by asset class teams, with record keeping able to support systematic review/analysis/reporting and the operation of LPPI’s internal governance processes
• Partner with FAARRI and LPPI’s 2nd line teams to agree and produce asset class specific information/metrics and have input to portfolio-wide KPIs for the purposes of internal monitoring and external disclosure
• Contribute to LPPI’s reporting on stewardship activity and its outcomes (internally, to clients, and against broader external disclosure standards including TCFD, the UK Stewardship Code and the Principles for Responsible Investment).

*extra-financial means in addition to purely financial data (investment valuation/performance data which is produced/managed centrally). It spans the variety of contextual data types that support evaluation of portfolio sustainability (whether the required level of return will continue into the future) and facilitate analysis, decision-making, prioritisation for focussed asset management activity, and reporting (at individual asset, overall asset class, IPV and portfolio level).

Requirements for the role (-%Requirements for the role)

• Deep and current subject matter expertise in ‘corporate’ asset class (e.g. listed equities, private equity, credit and fixed income) stewardship (core dimensions and current industry/regulatory trends as they apply to a UK asset management setting
• Relevant prior experience of supporting/facilitating/undertaking active stewardship gained in an equivalent setting or in a setting that provides significant and transferable stewardship experience relevant to the role and responsibilities.
• Familiar/directly conversant with core investment management processes (capital allocation, asset management, engagement, external manager oversight) with meaningful prior experience/hands on responsibility for direct stewardship (delivery) and advising/coaching/building capacity in others.
• Prior experience of overseeing, co-ordinating and directly fulfilling responsibilities for interpreting data requirements, identifying data sources, originating and collating data, and evolving local data systems
• Prior experience of efficient stewardship planning/ activity recording/reporting routines (calibrate and oversee systems and apply/utilise system output within stewardship and reporting).
• Able to engage across teams and relevant committees e.g. asset classes, stewardship and investment committees, responsible investment team, legal, compliance, risk etc.
• Experience of translating corporate stewardship strategy to asset class specific level, facilitating local stewardship strategy development and its practical implementation and oversight.
• Able to provide pragmatic and relevant subject matter expertise to experienced portfolio managers, within the context of collegiate asset class teams.
• Able to provide input to the development of broader LPPI stewardship strategy as an expert partner to portfolio managers/asset class teams, responsible investment team, other corporate process owners aligned to LPPI’s operating model
• Financial and/or sustainability qualifications a positive (e.g. CFA, ESG related certifications)


Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI (-%About LPPI)

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

LPPI has a large and complex portfolio with over half the capital managed externally. The selection and ongoing monitoring of these external managers is one of LPPI’s key activities. This role will support the Portfolio Manager and Deputy Portfolio Manager in the implementation of LPPI’s external manager research and monitoring activities focused on Global Equities. This role requires you to build strong working relationships with both the internal investment team and third-party managers.


Key Responsibilities (-%Key responsibilities)

Monitoring & new IDD.
• Support/lead the monitoring of existing investments and selection due diligence on new investments in line with LPPI policies and mandate guidelines. This will include close collaboration within the Global Equities team as well as other LPPI asset class specialists. You will be expected to build and maintain appropriate manager and investor networks.

Systems & processes
• Ensure monitoring and new investment due diligence processes are followed, including the recording of relevant documentation. LPPI investment processes will continue to be enhanced over time, and you will support these ongoing evolutions in processes, systems, and tools.

Investment analysis & reporting
• Produce relevant quantitative analysis to supplement the qualitative due diligence process across existing and new investments. Deliveries may include portfolio opportunity set/strategy analysis, detailed manager and portfolio specific performance/risk analysis, peer groups etc. You will also need to support additional Global Equities asset class reporting as required by other LPPI stakeholders.

Portfolio analysis & reporting
• Produce relevant quantitative analysis to support the management of the LPPI Global Equities Fund. To include exposure analysis, performance/risk attribution, and fundamental characteristics.

Communication
• Deliver clear, accurate and logical written reports as part of documenting the various elements of LPPI’s investment process. You will need to support/lead structured interactions (including face to face) with third-party managers and other counterparties on a regular basis. You will be expected to synthesise information and escalate key points/issues as appropriate to the relevant internal teams and committees.

Team
• Outside of Global Equities, you will need to build relationships and liaise effectively with a range of internal teams including responsible investment, operational due diligence, risk, legal and others to execute LPPI’s investment due diligence processes and ensure compliance with other internal policies. You may be required to supervise and train more junior team members over time.

Requirements for the role (-%Requirements for the role)

• Degree level educated. Possession of post-graduate qualification or professional accreditation (e.g. MS, MBA, CFA or equivalent) is an advantage.
• Demonstrated experience of fund/manager research with a focus on Active Equities strategies. Some experience of Index strategies and implementation is beneficial.
• Experience in evaluating and monitoring third party managers within an institutional framework via both desk-based research and face to face interactions.
• Strong working knowledge of Active Equities investment strategies, capital markets and relevant fund manager universes. Existing professional industry network.
• Experience of integrating analysis of ESG risks & opportunities (including those relating to Net Zero commitments) into an investment process and monitoring funds/strategies against relevant metrics.
• Proactive mindset with excellent written and verbal communication skills.
• Strong quantitative and analytical skills, detail orientation, problem solver, ability to synthesise data to make relevant and logical inferences. Experience with relevant systems is an advantage (e.g. Factset, Bloomberg, eVestment, Morningstar, MSCI ESG Manager).
• Structured and process driven with excellent organisation skills. Ability to prioritise, manage expectations and deliver on time.
• Team player with ability to engage productively both within and outside immediate team to produce results.
• Intellectually curious, desire to grow and develop knowledge within Global Equities specifically but also across other asset classes and strategies.
• An understanding of the breadth of the diversity agenda including embedding good practice and an understanding of LPP’s commitment to combating discrimination and promoting equality of opportunity.
• Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

About LPPI (-%About LPPI)

One of the key priorities at LPPI is ensuring that our people work every day in an empowered, supportive, diverse and inclusive culture. Practically, this means recognising and valuing the uniqueness of every individual in terms of background, experience, beliefs and circumstances. This starts with the recruitment process, where we partner with agencies who share our common goal and advertise on a variety of job boards to access the broadest spectrum of candidates. And once successful applicants are on board, we trust our people to work in the way that works best for them which typically involves a mix of office and home working plus an engagement model to ensure frequent two-way feedback.

We are very proud of our culture at LPPI and the benefits it brings to both our people and the business. But don’t just take our word for it! Recently, we invited our entire workforce to describe in three words what is great about us and they said – our people, flexibility and collaboration.

If you would like to join a company that is inclusive and forward-thinking, please read on.

Role Purpose (-%Role purpose)

Portfolio Manager, Infrastructure (“PM”) is responsible for leading the underwriting and monitoring for the indirect funds activities of the LPPI Infrastructure Pooling Vehicle (“IPV”) at Local Pensions Partnership Investments (“LPPI”). The role is responsible for managing client capital committed to the IPV; this includes setting portfolio construction objectives, managing deployment and redemptions, working with direct infrastructure team colleagues and collaborating across the external manager and wider LPPI investment team to meet client requirements. The PM will be accountable for monitoring and reporting on the performance of the IPV, including directs as well as the balance sheet positions held by clients. The PM is tasked with ensuring that client commitments are invested, and the portfolio is managed in accordance with LPPI’s and clients’ strategic objectives, policies and relevant regulations.

Key Responsibilities (-%Key responsibilities)

• Setting strategy and implementation for the IPV, including portfolio construction, mix of funds, co-invest and direct investments (noting that GLIL commitments are treated as direct for these purposes); working in conjunction with senior colleagues;
• Responsible for sourcing and underwriting opportunities in funds and co-investments, making portfolio management recommendations for the IPV
• Ensuring that the IPV investment monitoring activities are performed to a high standard by the team;
• Managing and mentoring the indirect Infrastructure team
• Maintaining knowledge of the universe and networks, includes attending relevant conferences and events for infrastructure sector, as well as attending advisory committees, meetings and site visits;
• Supporting underwriting, investment decisions and monitoring as appropriate relating to indirect infrastructure covering other LPPI managed vehicles such as the Environmental Opportunities Fund (“EOF”) and the London Fund;
• Participate in marketing for both internal and external client activities;
• Working with internal LPPI teams to ensure that the IPV is managed in line with policies, the mandate objectives and restrictions including Responsible Investment commitments

Requirements for the role (-%Requirements for the role)

• Significant experience in sourcing, underwriting and managing infrastructure investments with third party fund managers;
• Significant experience of evaluating fund managers is a must, experience in co-investments a positive.
• Experience of making infrastructure investment recommendations, portfolio management and decision-making experience a positive
• Strong technical knowledge of Infrastructure investment strategies and relevant fund manager universes.
• Capability to deliver and operate within an institutional investment process, applying sound principles and developing improvements where appropriate;
• Highly effective communication, influencing and relationship management skills including personal credibility in delivering strategic information to peers, senior decision makers in LPPI and to relevant committees to facilitate high level decision making;
• The ability to build positive and productive working relationships with a variety of internal and external parties, including investors, advisers and clients;
• Excellent level of numerical, analytical and report writing skills
• A proactive, self-motivated team player who has the ability to handle a workload with multiple deadlines ensuring expectations are managed throughout;
• Advanced people management skills with the ability to lead, mentor and motivate more junior team members.
• Promotes positive behaviour through own actions and attitude with the ability to deliver solutions within a team environment and be a flexible and supportive team player;
• An understanding of the breadth of the diversity agenda including embedding good practice and an understanding of LPPI’s commitment to combating discrimination and promoting equality of opportunity.
• Good conduct that is consistent with the LPPI values- aligned behaviours

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.