Title:  Assistant Fund Manager

Location: 

London, GB

Company:  CLFIS Limited
Description: 

Canada Life Asset Management manages over £41.9bn in fixed income, global equities, UK property and multi-asset solutions. Our investment options are designed to support our investors and their clients in meeting their long-term objectives.

 

Our solutions

 

Each of our offerings has been built for a purpose, whether it sits at the core of a portfolio to provide long-term growth or to offer access into a specific global market. Our 40-year plus history as asset managers means we have the expertise to provide high quality multi-asset and risk-profiled solutions as well as attractive equity, fixed income, alternative funds, and real estate finance.

 

Our heritage

 

Our parent company, Great-West Lifeco, is a financially strong and stable global organisation, with total assets under administration of £1,341bn. We also have more than 31 million customers worldwide. As the oldest Canadian life assurance company, Great-West Lifeco’s foundations trace back to 1847 – meaning we’ve been helping our customers plan for the future for more than 170 years.

 

Our team

 

Canada Life Asset Management has over 100 colleagues and includes more than 50 experienced investment professionals, with almost 20 years' average industry experience and ten years' average tenure at Canada Life Asset Management.

 

Job Summary

 

•    Support and manage fixed income assets (listed bonds, liquidity assets, private placements, and derivatives) and portfolios of the European & CRS divisions, reporting on performance to the Head of Fixed Income, CIO / MD and at Committee level. This includes performance against benchmarks (i.e. unit linked funds), ensuring appropriate quality (as measured by credit ratings) over time, and ensuring downgrades and defaults are minimised.
•    This role supports input to various areas, including pricing of insurance business, the day-to-day management of interest rate, liquidity, and inflation risk, as well as construction of appropriate portfolios such that customer promises are managed and met.
•    The role works closely with various business lines to ensure the required volume of fixed interest assets, at the appropriate yield, are sourced from public and private markets.

 

What You'll Do 

 

•    Manage and monitor fixed income (bond, liquidity, private placement & derivative) portfolios in accordance with policies, procedures and statutory requirements, to achieve the required return within risk limits, ensuring sufficient assets of appropriate quality are acquired to support divisional new business requirements
•    Support reviews such that there are appropriate processes, procedures, policies, standards and systems are in place and seek ways they can be improved
•    Manage specific projects when required by the Head of Fixed Income (eg derivatives implementation, ISDA agreements, Bloomberg AIM)
•    Contribute and manage discussions on the economy, markets, asset allocation, specific transactions and exposures
•    Supporting the embedding and monitoring of ESG activity across the CLAM business with responsibility for fixed interest
•    Report on the activities and performance of the portfolios to relevant internal and external stakeholders 
•    Ensure that the investment process across European divisions (CLL, ILA, CLE and Reinsurance) appropriately manages day to day market risks, e.g., interest rate, liquidity, and inflation risk

 

Who You Are

 

•    Sufficient experience to confer immediate recognition by the relevant regulatory authority
•    Good communicator and strong presentation skills with an ability to present at Board level

 

Qualifications 

 

•    Good first degree in a numerate subject (required), and/or sufficient market experience (required)
•    CFA or equivalent (highly desirable)
 

Benefits of working at Canada Life

 

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance.  We have a fantastic number of other benefits and support services as well as regular personal and professional development.

 

How we work at Canada Life

 

Our culture is unique and incredibly important to us.  We care about doing the right thing for our people, customers and community and helping others to build better futures.  Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others.  Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward. 

 

We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.

 

Diversity and inclusion

 

Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us.  We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus. 

 

“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.”  Nick Harding, Chief People Officer, Canada Life UK

 

We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.