We're one of the UK's leading investment management companies, with responsibility for over £44 billion of client assets. We've worked closely with clients and their trusted advisers for many years and gained a unique understanding of the specific needs of our clients.

Investec Wealth & Investment (IW&I) seeks to deliver exceptional levels of customer service and has been trusted to meet the needs of private investors for almost 200 years. But our eyes are focused on your future.

Right now we're a team of over 1400 dedicated professionals located across 14 sites in the UK. We're looking to strengthen our team and need you to come on board and make a difference.

Trainee Portfolio Manager

Location: London

What is the purpose of the role?

In this role you will join Investec Wealth and Investment as part of the portfolio management function. This will require critical analysis of macro and financial trends, and interpretation of research output to construct and manage portfolios on behalf of private clients, SIPPs, trusts, charities and corporates.

The key objective is to provide high quality, professional portfolio management services to a variety of stakeholders – both in terms of portfolio management and client servicing.

What are the main responsibilities?

General:

• Develop knowledge of, and comply with, all regulatory and organisational requirements/ procedures.
• Liaise with client relationship managers to ensure the business meets client objectives.
• Keep abreast of operational and administrative procedures.
• Provide general administrative support to the team.

Portfolio Management Duties:

• Construction of portfolios using a range of asset classes to meet investment objectives as directed by a competent Portfolio Manager.
• Build orders as directed by a competent Portfolio Manager.
• Encouraged to contribute ideas to the development of investment strategy on portfolios and team investment models as well as providing support with the production of material for weekly team investment meetings.
• Develop and build knowledge of portfolio construction theory.
• Monitoring of portfolio performance against objectives and benchmarks.
• Develop proficiency in tools such as Factset, Blackrock P360 and FE Analytics.
• Preparation of schemes to illustrate portfolios for potential new clients.
• Attend meetings with a variety of external asset managers.
• Liaison with the Investment and Research Office on investment ideas.
• Keep abreast of financial news and global investment themes.

Long Term:

• Complete appropriate professional examinations.
• Attend on-going professional training courses and events.

What skills and experience are we seeking?

• To always act with integrity and embrace the philosophy of treating our customers fairly.
• A strong interest in investment markets.
• Enthusiasm and motivation to learn.
• Competent at working to deadlines and managing time.
• Flexible attitude to work in response to changing workloads and deadlines within the team.
• Communication skills necessary to interact effectively with team members, clients and client relationship managers.
• Exceptional focus and attention to detail.
• Good numerical skills.
• IT literate with an ability to learn new systems.
• Working knowledge of Microsoft Office Word, Excel, and PowerPoint.

What qualifications are required?

• Hold the Investment Advice Diploma (level 4)/IMC.
• You will be expected to obtain the CFA/CWM within 3 years.
• You will be encouraged to complete the CFA Certificate in ESG Investing.
• Keep an up to date record for continued professional development (CPD).

As part of our collaborative and agile culture, our working week is 3 days in the office and 2 days remote.

Investec Wealth and Investment offers a range of benefits to make our people feel healthier, balanced and more fulfilled in their lives inside and outside of work.

Here is a selection of what we offer:

Wellbeing

Virtual GP, Peppy Health App (Fertility, Menopause & Early parenthood), optional private medical & dental insurance.

Remuneration

10% contributory pension scheme & discretionary bonus.

Life & Income Protection

Life Assurance, Critical Illness & Income protection.

Travel

Season Ticket Loan & Electric Vehicle scheme.

Embedded in our culture is a sense of belonging and inclusion. This creates an environment in which everyone is free to be themselves which helps to drive innovation, creativity and ultimately business performance. At Investec we want everyone to find it easy to be themselves, and to feel they belong. It's a responsibility we all share and is integral to our purpose and values as an organisation.

We want our people to feel empowered to be themselves in an environment that supports them, enabling them to perform in “out of the ordinary” ways. Our culture places belonging and inclusion at its centre and our work environment is integral to this. If you require any adjustments to support you through the recruitment process, as well as supportive and flexible working arrangements to help you succeed with us, please let our recruitment team know.

Research shows that some candidates can be reluctant to apply to a role unless they meet all the criteria. We pride ourselves on our entrepreneurial spirit here and welcome you to do the same – if the role excites you, please don't let our person specification hold you back. Get in touch!