Job Description

LGPS Central (LGPSC) Ltd is the FCA-regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing 45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.

LGPS Central's Partner Funds are:

Cheshire Pension Fund Derbyshire Pension Fund Leicestershire Pension Fund Nottinghamshire Pension Fund Shropshire Pension Fund Staffordshire Pension Fund West Midlands Pension Fund Worcestershire Pension Fund


LGPS Central is owned equally by all eight of its Partner Funds and is dedicated to the management of local government pension assets. LGPS Central manages assets across public and private markets both internally and through externally appointed investment managers.



The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.



LGPS Central offers a friendly and diverse, hybrid-working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.

Position:

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Are you passionate about public sector pensions and building trusted relationships that deliver real impact?

As we enter a new phase of pooling in the UK, we're strengthening our team to ensure we meet the requirements of pooling reform and continue delivering a best-in-class, client-centric service.



We're now recruiting two Client Directors to help us provide tailored advice in line with the evolving needs of our Partner Funds.



These are key roles at the centre of a 45bn pension pool (which will grow to at least 65bn by March 2026 in line with Government ambition), working directly with a diverse group of LGPS funds committed to delivering investment returns in line with their unique objectives.



If you're passionate about client service, understand the LGPS landscape, and want to play a part in shaping how we deliver the benefits of pooling for our valued Partner Funds, we'd love to hear from you!

This is more than a client-facing role--it's a unique opportunity to help shape how public sector pension investments are delivered, supporting long-term outcomes for members and employers across the LGPS.

What you'll be doing:

As our Partner Fund Client Director, you'll be right at the heart of delivering an exceptional experience to our clients. Here's a flavour of what you'll get involved in:

Developing and implementing our business plan to enable Central to become principal advisor to Partner Funds and enable Central to take on greater delegated implementation in line with government proposals and legislation. Designing the advisory service for Partner Funds Defining needs and assisting with procurement of systems, for example risk modelling and capital market assumptions Responsible for leading Central's relationship and full client investment service offering to approximately 4 Partner Funds Attending all Partner Fund investment related meetings including Pension Committee. Agreeing IMA and SLAs with Partner Funds and ensuring Central meets the requirements set out. Delivering full range of investment advice including strategic asset allocation advice. Agreeing implementation route, aligned with Central building blocks, with the Partner Funds Delivering reporting to Partner Funds.

Requirements:

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Key requirements

Institutional Investment Experience: Proven background in investment consulting or relationship management within pension funds, asset managers, or similar, with solid experience in both public and private markets and a strong understanding of LGPS preferred. Client & Stakeholder Engagement: Demonstrated success in building collaborative relationships with a wide range of stakeholders including clients, Pension Committees, actuaries, investment advisors, senior management, and service providers. Investment Strategy Delivery: Hands-on experience delivering a full suite of institutional investment services--from setting strategy and implementation to investment reporting and oversight. Governance & Regulation Expertise: Strong understanding of investment governance frameworks, asset owner reporting, and UK pension regulations, ideally including LGPS-specific elements. Analytical & Technical Proficiency: Skilled in asset liability modelling, reporting at both strategic and asset class level, and proficient in PowerPoint and Excel for data presentation and analysis. Communication & Problem Solving: Excellent at conveying complex investment concepts clearly to varied audiences and adept at anticipating challenges and delivering effective solutions. Collaborative & Organised Approach: Able to work cross-functionally in dynamic environments, managing multiple priorities and proactively planning and executing projects. Ethics & ESG Integration: Strong commitment to ethical standards with in-depth knowledge of ESG principles and their practical application in investment decision-making.

Qualifications:

Bachelor's Degree - Required CFA or Actuarial qualification- Preferred IMC - Preferred Has or can meet all the requirements of being an FCA approved person

Other information:

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What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

Competitive salary An enhanced and generous Pension Scheme 30 days' paid holiday plus bank holidays 2 days paid volunteering days An extra paid Company Day in addition to paid holidays Excellent Learning & Development Opportunities Welfare and Family-friendly policies Enhanced pay for new parents Access to our Employee Assistance Programme - 24-7 Health & Wellbeing Support Vitality Private Medical Insurance Hybrid Working Company Service Awards Cycle to Work Scheme Company Electric Vehicle Scheme Nominees of the Family Friendly Employer of the Year 2022 - Personnel Today Awards 2022 Winner of the Cultural Awareness Initiative of the Year - FT Advisors Diversity in Finance Awards 2023 * Winner of Diversity and Inclusion Award - LAPF In Investments Award 2023