Investment Analyst - Fixed Income

Licensed sponsor Wolverhampton Full-time Posted 2 hours ago

Join LGPS Central at a pivotal moment—where investment meets long term impact.

Based in Wolverhampton, the Investment Analyst (Fixed Income) is a core contributor within LGPS Central's Investment function, supporting the delivery of high-quality Fixed Income investment solutions for our Partner Funds. Working alongside experienced Portfolio Managers and the Investment Director (Fixed Income), you will help deliver well-governed, research-driven and responsible investment outcomes that support the long-term objectives of the Local Government Pension Scheme. ‘Fit for the Future’ is strengthening expectations around pooling, governance, transparency and the role of pools in implementing investment strategy.

As LGPS Central continues to expand its investment capabilities, Fixed Income remains a vital building block in Partner Fund portfolios, providing diversification, income generation and risk management across a broad range of market environments. This role offers broad exposure across Fixed Income markets, investment research, portfolio construction and manager oversight within a collaborative and FCA regulated environment. From day one, you will be involved in meaningful work that directly contributes to the investment outcomes delivered for over one million members across our Partner Funds.

What you'll be doing

Deliver high-quality research and analysis to support investment decisions across LGPS Central's Fixed Income strategies, including internally managed portfolios and externally delegated mandates.

Investment analysis and support

Support Portfolio Managers in the analysis, evaluation and monitoring of Fixed Income investments and market opportunities
Assist in the sourcing, assessment and recommendation of new investment ideas in line with agreed strategies and processes
Undertake quantitative, qualitative and market analysis and clearly document investment rationale
Support portfolio construction, implementation activity and ongoing portfolio monitoring
Assist with the implementation, oversight and maintenance of internally managed funds and external investment mandates

Performance, monitoring and reporting

Contribute to the production of regular portfolio, performance and risk reporting
Support quarterly and annual reporting for Partner Funds and internal governance forums
Assist in analysing investment performance, risk metrics and outcomes relative to objectives and benchmarks
Monitor Fixed Income market sectors and maintain accurate research, datasets and records to support decision making

Responsible investment and stewardship

Support the integration and maintenance of Responsible Investment considerations across Fixed Income investment activity
Consider ESG, sustainability and stewardship factors as part of investment analysis, due diligence and ongoing monitoring
Support the implementation of LGPS Central's Responsible Investment framework within Fixed Income portfolios and mandates
Work collaboratively with the Responsible Investment team to ensure alignment with firmwide policy and regulatory expectations

Risk, compliance and governance

Ensure adherence to LGPS Central's Risk and Compliance Framework throughout all stages of the investment process
Support transparent, auditable and well-documented investment processes
Assist with preparation of materials for Investment Committees and other governance forums
Identify and escalate risks, issues or breaches in a timely and appropriate manner
Support oversight of portfolios to ensure they operate within agreed mandates, prospectuses and company policies
Contribute to the manager monitoring, appointment and oversight framework where applicable

Team contribution and development

Take ownership of allocated projects, delivering to agreed timelines and quality standards
Build effective working relationships across investment teams and the wider organisation
Contribute to a culture of high-performing, collaborative, research-driven and responsible investing
Promote LGPS Central within the investment community and in dealings with Partner Funds
Support knowledge sharing and continuous improvement across the investment function

About us

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK.

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.

LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i10, Railway Drive in September 2026, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds

Requirements

Experience of investment or financial analysis, particularly within Fixed Income markets, preferably gained with an asset manager or other financial institution
Understanding of Fixed Income investment principles, portfolio construction and risk management
Demonstrated ability to analyse investments and clearly document rationale and outcomes
Strong analytical and numerical skills with high attention to detail
Proven interest in Fixed Income investing and financial markets
Well organised, proactive and able to manage multiple priorities
High standards of professional ethics, integrity and judgement
Strong interpersonal and communication skills with the ability to work effectively across teams and stakeholders
Awareness of responsible investment and stewardship concepts and their relevance to long-term investment outcomes

Qualifications

Bachelor's degree in Business Management, Finance or related field
IMC gained and working towards CFA qualification or similar, or relevant investment experience would be an advantage

What do we offer?

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:

Competitive salary
An enhanced and generous Pension Scheme
30 days' paid holiday plus bank holidays
2 days paid volunteering days
An extra paid Company Day in addition to paid holidays
Excellent Learning & Development Opportunities
Welfare and Family friendly policies
Enhanced pay for new parents
Access to our Employee Assistance Programme 247 Health & Wellbeing Support
Vitality Private Medical Insurance
Hybrid Working
Company Service Awards
Cycle to Work Scheme
Company Electric Vehicle Scheme
Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
Winner of Diversity and Inclusion Award LAPF In Investments Award 2023
Winner of LAPF Investment Innovation
Winner of Pool of the Year 2025