Nest Invest
Head of Long-Term Investment Strategy
London (Canary Wharf 2-3 days with hybrid working)
The role
Reporting to the Chief investment Officer, this newly created position as Head of Long-Term Investment Strategy will advise the CIO and asset allocation committee to make the right long term investment decisions. This includes ensuring the Investment Cases, Asset Class Dashboard and other market indicators which are central to Nest’s asset allocation decisions are maintained and enhanced. In addition, the Head of Long-Term Strategy will work with the CIO, Responsible Investment and Investment Risk teams to refine the benchmarks used in the investment portfolios and improve their alignment with Nest’s investment beliefs and requirements.
This includes:
- Asset class research to enhance the asset class dashboard and make recommendations for the asset allocation of Nest’s portfolios.
- Conducting research to develop and maintain Nest’s investment cases including the investment thesis, anti-thesis and burning questions and any metrics used to monitor them.
- Presenting research findings and recommendations for changes to the CIO and asset allocation committee as appropriate.
- Conducting research into alternative index construction approaches which improve alignment with Nest’s investment beliefs and improve future expected risk adjusted returns.
- Leading, coaching and developing a high performing Long-Term Investment Strategy team which improves the investment outcomes Nest delivers for its members.
- Being an ambassador for Nest Invest driving standards in investment management and raising Nest profile as a leading asset owner and partner in the pension and investment management industries.
The person
The successful candidate will be an experienced Investment Strategist with a long-term investment philosophy. In addition:
- A strong understanding of financial markets and the relationships between asset classes,
- A strong understanding of benchmark construction.
- Strong written and oral communication skills including an ability to communicate complex technical subjects to non-expert audiences.
- Excellent interpersonal skills with a proven ability to build a high performing team and work collaboratively with colleagues from other disciplines.
Organisational Overview
Nest is an award-winning workplace pension scheme, the largest in the country and growing at phenomenal rate, with about £500m of pension contributions added per month, the business has £43bn AUM and is projected to be £100bn by 2030.
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 Braidie Cole: [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 and to generate the best income in retirement for as many members as possible. 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, twice a week, or more, as required).
- reduce or vary working hours.
- reduce or vary the days worked (minimum of 4 days per week).
- work compressed hours.
Click here to see the benefits we offer at Nest.
Diversity, Equity and Inclusion
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.