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Portfolio director

London
Rathbones
Director
€80,000 a year
Posted: 11 March
Offer description

Being a senior member of the MPS team responsible for the management and governance of model portfolios (MPS) while acting as the technical investment specialist and primary investment-facing contact for advisers. This role ensures robust investment process, scalable distribution support, and exemplary client communication—driving model performance and adviser adoption, and retention.


What you’ll be responsible for

* Portfolio Management, Investment Strategy, Portfolio Construction and technical expertise
* Market and performance monitoring
* Business performance and growth
* Team contribution and leadership


Investment Strategy, Model Management & Technical Expertise

* Using systems, tools and knowledge to define and implement investment strategies based on model risk profiles
* Maintain investment process documents: AAC minutes, model change rationales, and regulatory evidence (suitability, PROD, Consumer Duty outcomes).
* Oversee risk management: tracking error, drawdown, volatility targets, and cost budgets (OCF + transaction costs); ensure platform parity of models.
* Ensure timely implementation across third party platforms (e.g., Aviva, Quilter, AJ Bell, etc.) and resolve exceptions with operations.
* Collaborate with PM & Risk Teams to provide holdings data to verify model riks ratings
* Collaborate with marketing to produce monthly factsheets, quarterly reports and TAA model changes notes


Client Engagement

* Provide portfolio updates to advisers: performance drivers, risk metrics, positioning, and suitability against client objectives
* Provide adviser training & develop training materials to support the proposition
* Originate and author content: thought leadership, market outlooks, and Consumer Duty evidence linking features > benefits > outcomes.
* Gather adviser/market feedback; feed insights to PMs, product, and risk to evolve the proposition (e.g., income range, ESG overlays, tax efficiency).


Market and Performance Monitoring

* Continuously monitor financial markets, economic trends and geopolitical events to ensure informed investment recommendations can be made.
* Track the performance of aligned portfolios and recommend / make adjustments as needed (such as rebalancing to maintain the desired asset allocation).
* Where properly communicated by investment managers, make appropriate adjustments to the management of a portfolio to reflect a client-directed bespoke requirement, where still deliverable within the client's current risk profile.
* Identify, assess and manage risks associated with investments.
* Possess a working knowledge of the Front Office Process Guides and Operating Model Summary and Investment Risk procedures.
* Use performance and health check data to assess portfolio risks and take action to manage accordingly.
* Mentor and support junior team members, sharing expertise and fostering development.
* Actively participate in internal forums and be prepared to contribute and or lead committees and business projects as required.
* Promote a collaborative culture and uphold the firm’s values and standards


About you

* Content creation: ability to produce clear, insightful investment communications.
* Significant experience of managing portfolios at scale and complexity.
* Demonstrated excellence in client service and proven contribution to business performance.
* Level 7 qualification CWM or CFA (CWM preferred)
* Experience in client administration and regulatory compliance
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