Aon are currently recruiting a Portfolio Manager to join our team in London. The Portfolio Manager will be primarily responsible for managing individual client portfolios and asset class funds in the context of the strategy agreed by the Investment Committee and the asset engine.
Headquartered in London, Aon Plc is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Aon is an equal opportunities employer. Aon's recruitment and selection policy ensures the best possible skill mix of colleagues and the highest quality candidates are appointed using objective job-related criteria.
The UK pensions landscape is evolving at a rapid pace. Economic challenges, legislative change, an ageing population and asset volatility pose a wide variety of risks and challenges to pension schemes. Trustees and scheme sponsors are faced with a range of decisions on difficult topics from managing risk to improving member engagement, setting an investment strategy to managing DC plans.
Aon Retirement Solutions’ market-leading capabilities and award-winning expertise make us the perfect partner to help clients through their pension challenges. We can provide integrated and comprehensive solutions across actuarial, plan administration, investment and insurance disciplines, enabling us to serve our clients' unique needs every step of the way.
About the Role
Your impact as a Portfolio Manager :
- Providing valued input into the decision making process across asset classes and liability hedging instruments, adding value for our clients against benchmarks.
- Becoming lead portfolio manager for selected single asset class growth portfolios, liaising closely with key stakeholders from specialist research teams (Manager Research, Asset Allocation and Risk) and the investment committees to ensure ideas are effectively captured in portfolios.
- Becoming lead portfolio manager for selection of clients. Ensure house views are reflected in portfolios in a consistent and timely manner. Ensure compliance with mandates and restrictions.
- Monitoring portfolios on an on-going basis and keeping closely up to date with the underlying managers.
- Negotiating arrangements with sub-advisory fund managers.
- Performing trade planning and trade instructions in the order management systems.
- Working with the operations team to ensure changes to portfolios are executed on a timely basis.
- Owning and managing the transition of client portfolios into DCS, including the minimisation of investment risks and transition costs and working with third party transition managers.
- Helping to drive new business by attending client site visits to explain the high-level structure as well as being a trusted expert on the mandate details, such as advising on the likely structure of client portfolios and potential transition costs. May attend new business pitches.
- Providing support to product specialist colleagues concerning portfolio performance, manager changes etc. to inform client communications.
- Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company.
Your knowledge and expertise:
- A degree in a related discipline and an investment qualification (full CFA preferred)
- Previous experience working in asset management, investment consultancy (or an allied industry) is essential.
- A good understanding of all major asset classes, and of different pooled and segregated investment structures.
- A good knowledge of controls and monitoring / verification techniques.
- Previous experience in a portfolio construction / management role (preferred).
- Knowledge and experience of fixed income (preferred).
- An understanding of pension scheme liabilities and the key drivers (preferred).
- Excellent numerical ability and analytical skills.
- Strong client management skills.
- Excellent communication skills, both verbal and written.
- Strong interpersonal skills with proven ability to build and maintain working relationships with both internal and external clients.
- Strong ability to present succinct findings and necessary actions from complex monitoring work.
- Ability to interpret and present complex information clearly.
- High attention to detail and accuracy.
- Ability to work to tight deadlines.
Salary and Benefits
This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare, childcare vouchers and additional holiday. We also offer tremendous potential with a growing worldwide organisation.
Our Colleague Experience
Every day, our colleagues make a difference, work with the best, own their potential, and value one another. Together, we share this one purpose: to empower economic and human possibility around the world. This unifying goal is at the heart of our identity, and it lives in everything we do. To learn more about our colleague experience, visit Aon Colleague Experience.
We’re happy to talk flexible working. If you need to flex your working pattern, Aon offers flexible and agile working policies and we’re happy to discuss options with you upon application.