Assistant Investment Manager

Job Title: Assistant Investment Manager

Department: RIM

Location: Newcastle

Contract Type: Permanent

The Role

Helps develop the investment business by assisting the Investment Management team in the care of client portfolios, providing excellent client service and maintaining a consistently high level of professional standards.

Outcomes of the Role

• Assists in the management of client portfolios (full client lifecycle processes) under supervision (e.g. places deals on behalf of clients within permissible thresholds; explains investment decisions to clients and actions investment instructions; prepares STAR reports; prepares suitability reviews).
• Assist the IM team in ensuring Suitability. Suitability requires: annual real-time engagement with the client; clear understanding of their investment aims, personal/financial circumstances, investment risk appetite and their knowledge and experience of investment products and services; awareness of any vulnerability.
• Supports development of relationships by proactively engaging with clients and intermediaries and pre-empts issues then takes initiative to resolve, applying a Rathbones tone of voice and client experience to build our brand.
• Contributes to the development of investment and technical knowledge in the Investment Management team by completing research, developing relationships with third parties (e.g. brokers, intermediaries, other organisations) and sharing knowledge and business updates with the team.
• Improves Investment team technology capability by upskilling others on our systems and considering being a Super User.
• Assists Investment Management team to develop high quality client proposals (e.g. completes company research, compiles literature, coordinates and participates in research meetings)
• Supports the management and coordination of the Annual Portfolio Review and Investment Admin data for the Investment team.
• Mitigates risk by complying with internal policies, procedures and regulatory framework including Maintaining Competence as defined in the T&C scheme and adhering to the Conduct Rules.

Knowledge, Skills and Experience

•  Effective communicator with clients and intermediaries via different platforms. 
• Detail orientated and organised with strong numerical competency.
• Strong collaborator, able to thrive in a team and work well autonomously.
• Knowledge and a keen interest in the investment industry and investment products, in particular ethical, sustainable and impact investments.
• Keeps up to date with industry developments (e.g. products, legislation and regulation).
• An understanding of portfolio theory and client requirements to make recommendations.
• Working knowledge of asset classes and the investment process.
• Strong IT literacy and ability to adapt to new systems
• Experience working in Financial Services, the Investment or Wealth Management industry.
• CISI – Level 4 Investment Advice Diploma (IAD) – Securities or equivalent.