Moon Consulting Executive Search and Business News

Chief Investment Officer - Central Bristol

Written By Simon Quinn - 19th May 2017

Chief Investment Officer

Central Bristol, Total Reward Package IRO £145k

 


Brunel Pension Partnership (BPP Ltd), is a newly formed company which will undertake investment work for ten Administering Authorities of the Local Government Pension Scheme, namely those which operate the LGPS Funds of Avon, Buckinghamshire, Cornwall, Devon, Dorset, the Environment Agency, Gloucestershire, Oxfordshire, Somerset and Wiltshire. The collective assets of the pool are approximately £25billion. The business will be based in new offices close to Temple Meads, Bristol.

 

Moon Consulting has been appointed to establish an executive management team, and is now seeking to appoint a Chief Investment Officer (CIO) to implement, lead and develop a successful investment environment. The CIO will lead BPP Ltd's Investment Services, playing a critical role in the provision of BPP Ltd's services to its Clients. This role is a board-level position that requires an individual to construct and oversee a culture that delivers BPP Ltd's high business standards and meets its regulatory obligations.

 

The CIO will report to the Chief Executive Officer and be a member of the BPP Ltd Board of Directors. The CIO will have four direct reports within its Investment Directorate and oversee and manage, as a holder of Significant Influence Function and in conjunction with the remainder of the executive team, BPP's continuing obligations to its Clients, regulators and the market and must comply with the Statements of Principle and Code of Practice.

 

Duties specific to the CIO role, include (but are not limited to);

 

Leadership of the Investment Directorate within BPP Ltd, providing strategic direction and day-to-day management of investments, ensuring their effective integration with other areas of the business.

 

Leadership of key projects to evaluate and deliver new investment developments, specifically: Lead, during 2018 to 2020, the on-boarding of assets and the establishment of the initial externally managed portfolios; Evaluate opportunities for direct internal investment by BPP Ltd as part of the longer term strategic vision; and New investment arrangements and / or concepts, as and when they are required.

 

Provision of advice and guidance, leveraging experience from within the Investment Directorate, to the Board and the CEO on: Investment related matters, including strategic considerations and current perspectives; Possible and proposed changes to BPP Ltd's services; Performance progression; and Investment goals, trends and strategies.

 

Regular UK travel, mainly London, and occasional international travel, primarily to North American and European destinations.

 

We are interested in talking with applicants with significant relevant experience of the management or oversight of an investment programme, ideally within an FCA-regulated business. Experience should include the ability to understand new investment developments, based on an extensive existing knowledge of multiple asset classes as well as asset pooling regimes. You should have experience of due diligence, oversight and risk management as applied to investing. You should be able to become an FCA Approved Person and demonstrate fitness and propriety, and continue to meet such standards. In addition, you will possess strong leadership skills with the ability to build influential relationships at all levels, inside and outside the organisation.

 

To express formal interest, please send a CV and covering letter to recruit@moonconsulting.co.uk quoting reference BPP/CIO. The closing date for applications is Friday 9th June 2017. For initial confidential questions, please contact Simon Quinn or Sandy Hinks on 01275 371 200.


Brunel Pension Partnership has retained Search Firm Moon Consulting to establish an executive management team and therefore are unable to accept CV's from third party agencies. All CV's and expression of interest received will be forwarded directly to Moon Consulting for consideration.


NB: Moon Consulting is committed to promoting equal opportunities for all and does not discriminate against any applicant at any stage of the recruitment process.