Stewardship Manager

ROLE TITLE: STEWARDSHIP MANAGER

SALARY AND BENEFITS – GRADE C £40,000 - £70,000

PENSION: LGPS DEFINED BENEFIT

First Class Stewardship

• Develop and execute an Annual Stewardship Plan, working with the Director of Responsible Investment & Engagement, CIO, fund managers, and partner funds
• Engage with investee companies on financially material issues to enhance internally-run portfolio management
• Oversee the voting function in partnership with our third-party stewardship provider, including development of region-specific voting policies
• Design and deliver against Stewardship Themes
• Engagement with policy-makers
• Oversee stewardship reporting & disclosure
• Working with Investment Directors, integrate stewardship into new investment products designed for partner funds 
• Stewardship of private markets: application of stewardship techniques to asset classes other than listed equities and corporate fixed income
• Ensure compliance with our Stewardship Code statement

Wider Remit

• Assist partner funds with evidence-led consultancy service 
• Industry participation including conference speaking, joining external advisory committees, etc
• Engage with key partner organisations including IIGCC, TPI, PRI, CA100+, LAPFF, etc
Contribute to a culture of high performing, collaborative, research-based investing across LGPS Central Limited

Experiences & Attributes

• Track record of engaging company boards and senior management on financially material issues
• Understanding of the shareholder voting process and its relevance for long-term investors 
• Excellent communication, including to senior personnel internally & externally
• Motivated by the prospect of taking the initiative to design and implement a leading stewardship programme
• Analytical skills; ability to read company materials and to provide analysis, not description, in the language of investment management
• Combines full grasp of “standard” ESG factors and ability to think creatively outside of the standard lists of ESG issues
• Specialism in corporate governance or in climate risk an advantage
• Experience of working as an equity analyst in fund management (or other relevant institution including broker research), and/ or working for an engagement specialist
• Ability to command the respect of fund managers
• Organised; project management experience an advantage
• Procurement and contract management experience an advantage

Qualifications:

• Degree-level education 
• IMC, CFA (any level), or other relevant investment qualification desirable 

Career trajectory:

• Formal training and progression to investment management qualifications
• Opportunities for vertical and horizontal career progression 
• Development of the stewardship function as the company grows, including direct reports and budget responsibility 

Reports to: 

Director of Responsible Investment & Engagement (which reports to the Chief Investment Officer)

Relationships Internal: 

Investment Directors, Senior Portfolio Managers, Portfolio Managers, Chief Investment Officer

Relationship External:

Partner funds, third-party stewardship provider, research providers, investee companies, policy makers, external fund managers, LGPS Central’s strategic partnerships including PRI, IIGCC, TPI, CA100+, LAPFF, etc

Values:

• Integrity
• Service 
• Supportive Workplace
• Togetherness
• Outward Focus 

Behaviours:

• Open, fair and transparent
• Honest and trustworthy
• Empowered in making right decisions
• Accountability for results and delivery
• Aspire towards partner fund expectations
• Fair treatment of staff
• Challenge status quo appropriately and work collaboratively
• New thinking and continuous improvement
• Centre of excellence

Closing Date:
09/05/2019

You may return to your current search results by clicking here.

Latest Job Listings