Director, Investment Technology & Data

Director, Investment Technology & Data

Nest Invest

Canary Wharf, London (with hybrid working)

The Role

Nest Invest is on an ambitious journey to become one of the world’s largest asset owners. With c.£50 billion in assets under management today, we’re on track to more than double that figure by the end of the decade. This rapid growth brings exciting opportunities and increasing operational complexity. As our portfolio expands and we engage with a broader network of external managers, operational excellence becomes more critical than ever. We’re building a culture that embraces innovation, leverages technology, and harnesses the power of data to deliver exceptional outcomes for our members.

To develop this ongoing culture and capability, Nest Invest are currently looking to recruit an experienced Director of Investment Technology and Data. This pivotal role will shape and lead the delivery of our technology and data strategy, be responsible for Nest Invest’s technology and data architecture, and manage the Nest Invest technology and data function. Additionally, the role has responsibility for working with the Nest Corporation CTOO in relation to organisation-wide technology and data, ensuring this aligns with the Nest-wide view. Alongside responsibility for working with the Nest Corporation Data, Analytics & Customer Insight (‘DACI’) team on key overlap areas such as Data Governance Frameworks, Quality Assurance practices and Use Cases that involve scheme data.

This role will be integral to shaping the future for Nest Invest through continuous technology improvement, innovation, and effective management of technology and data resources, with the ideal candidate possessing both technical expertise and strategic vision, excited by the prospect of playing an impactful role across the Executive function.

The Person

We are seeking an accomplished technology and data executive who can showcase relevant investment sector expertise alongside highly developed business and people leadership skills. In addition, the successful candidate will have a genuine interest in joining a purpose led organisation with a tangible public benefit.

Executive ability is important, contributing to the broader business strategy and establishing the right technology and data culture and capabilities for the business.

You will have a keen interest and ability in inspiring, developing and leading high performing teams, both in house and third-party partners, along with nurturing and coaching the leadership talent of the future.

Proven ability to develop and drive adoption of technology and data capabilities for a fast evolving investment management business is important. Experience with Bloomberg, Aladdin and CEPRES an advantage.

Organisational Overview

Nest is an award-winning workplace pension scheme, the largest in the country.

Set up by the government to give every worker in the UK somewhere to save, our first-class responsible investment practice and governance are the backbone of what we do, supported by all the functions you’d expect to find in a thriving business. We’re committed to creating a workplace where you can be your authentic self and offer an inclusive and flexible working environment.

To apply or for an informal discussion, please contact John Rainsbury: [email protected]

Directorate/Department Overview

The Investment directorate (Nest Invest) is responsible for investing members’ contributions in order to grow their retirement pots over the long-term. The responsibilities of the team include:

• Asset allocation and portfolio risk management
• Manager selection and monitoring
• Responsible investment
• Investment communications
• Fund administration
• Investment technology and financial modelling
• Contributing to the development of the investment proposition

From December 2019, the Nest Investment team was seconded into Nest Invest Ltd (Nest Invest), the investment subsidiary of Nest Corporation.

Nest Invest is authorised and regulated by the Financial Conduct Authority (FCA). For the role holder, this means working in a regulated entity, and being required to adhere to certain rules and behaviours included in the FCA’s Code of Conduct (COCON), specifically the individual Conduct Rules defined by the FCA.

Flexible and agile working

Everyone's personal situation is different.

To make the most out of hybrid working, we've introduced different ways of working, which include (subject to role requirements):

• hybrid of office (Canary Wharf, London) and home working (there will be an expectation to attend the office, once - twice a week, or more, as required)
• reduce or vary working hours
• reduce or vary the days worked
• work compressed hours
• job share

Diversity, Equity and Inclusion

Everyone is welcome to apply for our roles and we particularly encourage applications from Black, Asian and minority ethnicity, LGBTQ+, and disabled candidates.

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of their age, belief, disability, gender identity, marital status, national origin, pregnancy or caring responsibilities, socio economic background, sex, sexual orientation, religion or race or any other legally protected status.

We also recognise the importance of diversity of thought and other forms of neurocognitive variation.

As a Level 2 Disability Confident organisation, we’re part of the guaranteed interview scheme. This means should you meet the minimum criteria for this role, you will automatically be put forward for an interview.

Please note that this advert may close early if we receive a sufficient number of satisfactory applications.