Portfolio Executive (Analyst)
Location: London, England, United Kingdom
The role is very important to the success of the fund and pivotal in the on-going management of the Secure Income Fund. The Portfolio Executive will work closely with the Assistant Portfolio Manager and Portfolio Manager, will attend the Fund's Investment Committee, and will be a role that combines a contribution to the portfolio management process with coordination of cashflow movements for the Fund.
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas - the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.
Investment, Risk and Reinsurance
Our sophisticated approach to risk helps clients free up capital. We work in close concert with investors, reinsurers, and insurers to manage the equation between risk and return. Blending advanced analytics with deep institutional knowledge, we reveal new opportunities to maximize performance.
Our business is developing in exciting new ways and at the forefront of these is our effort to support more clients in specialist areas of their asset portfolio (eg, equity, liquid alternatives, private markets etc). Our large team of investment professionals, spanning capital markets, portfolio management and fund selection creates a unique platform from which to continue to grow our business in specialist areas. This is a key focus of Inv2020, our strategic plan.
Overview of the role:
The role is very important to the success of the fund and pivotal in the on-going management of the Secure Income Fund. The Portfolio Executive will work closely with the Assistant Portfolio Manager and Portfolio Manager, will attend the Fund's Investment Committee, and will be a role that combines a contribution to the portfolio management process with coordination of cashflow movements for the Fund. The Portfolio Executive is also expected to be an ambassador for the fund (both internally and externally).
The role is rich and diverse. As well as working closely with the Assistant Portfolio Manager, Portfolio Manager and Investment Committee of the Fund, the Portfolio Executive would be required to work directly and indirectly with a large number of different teams, including: implementation, operations, client onboarding, quant and systems, product development, manager research, ODD, PMG, SPS, legal and tax advisors, managers and client teams.
Specific responsibilities of the role:
Help manage and fully participate in formal Investment Committee portfolio management meetings for the fund, which focus on investment selection and setting the strategic direction of the Fund. The Portfolio Executive will lead the production of relevant material for, and take the minutes for, these meetings
Be an integral part of the Investment Executive, which is largely responsible for delivering and executing the decisions made at the Investment Committee
Manage and improve robust processes for the tracking of cash-flows and underlying asset positions of the fund, and working with the compliance and risk teams to ensure appropriate reporting of these positions
Work with the relevant internal teams (including onboarding, fiduciary and advisory Portfolio Management teams, and SPS) to ensure the Investment Committee and Investment Executive have a complete and up to date understanding of the client pipeline
On an ongoing basis, consider all portfolio management decisions and cashflow needs to assist in the development of recommendations for all cashflow movements and follow up to ensure their implementation
Responsible for managing and project managing the process of adding new investments to the portfolio, including adding investments to the relevant investment tracking systems
Assisting in working around the issues of potentially accepting 'in-specie' assets into the fund
Management of the fund
Assist with producing management information for PMG, SPS and the TWIM management team
Assist with the overall production of the regular reporting, including ensuring the quality of information received from the underlying managers is of a consistent quality
Liaising with colleagues who work in the fiduciary and advisory Portfolio Management teams to ensure that all information needs are being met
Representing the fund
Build robust relationships with managers/other service providers
Support investor servicing and marketing efforts by coordinating the provision of information, producing written material, and helping to improve investor and marketing materials for both internal and external clients as required.
Represent the SIF on underlying Investment Advisory Committees, etc
A working understanding of pension fund liabilities and their accounting, or a background in accountancy - not a requirement, but would be viewed positively
Knowledge and understanding of different illiquid asset classes would be desirable, but ability to demonstrate a passion for illiquid asset investment is a must
Excellent oral and written communication skills, as well as the ability to communicate complex data in graphical forms
Able to fit seamlessly into a team of people with diverse personalities and backgrounds all focussed on delivering work of exceptional quality
Willis Towers Watson is an equal opportunities employer and does not discriminate on any basis. We support flexible working and this role will be considered on a flexible basis