Assistant Asset Liability Modelling (ALM) Manager
Border to Coast Pensions Partnership
Competitive Salary + Benefits
Leeds
An opportunity to make a difference
At Border to Coast our purpose is to make a difference and we’re looking for a keen Assistant ALM Manager to join our award-winning team.
As a customer-owned and customer-focused organisation, integrity is one of our values, as is our collaborative and sustainable approach. Our focus is to secure the pensions of over a million people who have provided valuable service to their communities and society. We’re the largest UK asset manager outside London or Edinburgh, and we provide innovative investments that deliver sustainable returns over the long term.
As part of our 2030 Strategic Plan, our firm is evolving to deliver Total Fund Solutions, integrating both advisory services and investment strategy implementation. We are actively building this capability to provide comprehensive, customer-focused solutions that enhance investment outcomes.
The role – what you’ll be doing
As part of the Portfolio Risk team, you will support the launch and ongoing management of our asset liability and cashflow modelling capability.
You will work collaboratively with the Portfolio Solutions Group and Advisory function to support the delivery of asset allocation advice. You will leverage your technical expertise in asset liability modelling to perform analysis that reflects our Investment offerings and Partner Fund requirements.
Being part of the wider Portfolio Risk team, there will also be opportunities to develop your wider skillset over time by supporting across our broader investment offering, including the Advisory and Investment Management Services offerings as they grow.
About you - and the value you’ll bring to our team
If you are an investment professional and have relevant experience of asset-liability modelling within the pension industry, we want to hear from you!
With high levels of integrity and trustworthiness, you will have excellent relationship management skills and analytical ability.
A relevant degree-level qualification is required, and candidates who are either CFA, FIA/FFA or working towards the designation will be preferred.
Knowledge of Ortec Glass is desirable, but not a requirement as training would be provided.
As a customer-owned business, we are deeply committed to sustainability, collaboration, and integrity – values that shape everything we do and drive our long-term investment approach.
Why join Border to Coast?
At Border to Coast, you will receive competitive remuneration and have access to excellent benefits:
* Vitality Health Insurance for all employees
* Employee Assistance Programme
* A generous holiday allowance of 30 days a year, plus bank holidays
* Professional Development including the opportunity to gain fully funded qualifications (e.g. CFA)
* Critical Illness Cover
* Pension scheme
* Stunning Leeds city centre location only a short walk to the train station
* Cycle to work scheme
* Life Assurance of 6 times of salary
* Sustainable travel plans
* Range of discounts for Leeds gyms, shops and restaurants
* Hybrid working
* Onsite gym
There’s also more information about pay and reward, careers at Border to Coast and how we work on our website Careers - Border To Coast - Work With Us
We welcome applications from people of all experience levels and backgrounds and value diversity of thought. We are committed to creating an inclusive and engaging workplace, ensuring that colleagues maintain a work life balance. We encourage colleagues to progress, be themselves and be their best through both personal and professional development.
If you have a disability, or if you have a condition that you believe may affect your performance during our selection process, we would be happy to discuss making reasonable adjustments to our processes for you. Please contact our recruitment team at recruitment@bordertocoast.org.uk
We’re looking for people with the right values, behaviours, skills and experiences and if you meet some of the role’s criteria and are interested in finding out more about Border to Coast and the team, we’d love to hear from you.
About Us
Based in Leeds, Border to Coast is the largest LGPS (Local Government Pension Scheme) pool in the UK. It is owned by 11 Local Government Pension Schemes funds (‘Partner Funds’). The Partner Funds represent nearly 3,000 employers and over 1.1 million members.
The Partner Funds are Bedfordshire, Cumbria, Durham, East Riding, Lincolnshire, North Yorkshire, South Yorkshire, Surrey, Teesside, Tyne and Wear and Warwickshire.
The Partner Funds have c.£65.3bn in investments, of which Border to Coast is directly responsible for the management or oversight of £55.4bn (as of 31 March 2025).
Border to Coast Pensions Partnership Ltd is authorised and regulated by the Financial Conduct Authority. Registered in England Number: 10795539 and Registered Office: 5th Floor, Toronto Square, Toronto Street, Leeds, LS1 2HJ. Further details can be found at https://www.bordertocoast.org.uk.