2024 Investment Solutions Apprenticeship

Investment20/20 Apprentice Job Description

 

Schroders 2024 Investment Solutions Apprenticeship
Salary - £25,000 pa

 

 

 

 

Who we’re looking for

 

If you've just finished school or college, and gained A-levels or BTECs, and you're not sure that university is for you, then our 2-year Solutions Apprenticeship

provides you with a chance to take the first step in your career and earn while you learn. 

 

Although you may have never heard of Schroders before visiting our website, this apprenticeship programme could be for you seeing as the key purpose of the programme is to teach you about what, why and how we do what we do.

 

On this programme, you’ll be part of the Schroders Solutions team.

 

You will get hands-on experience with the department, find out how the Solutions teams operate within Schroders as well as working towards a professional qualification. This is a Level 3 apprenticeship on the Investment Operations Technician programme.

 

 

*Please note we do not accept graduates or individuals currently studying towards a degree

 

 

 

 

About Schroders

 

Schroders is a global investment manager which helps institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. 

 

Our purpose is to provide excellent investment performance to our clients through active management. By serving clients, we serve wider society. Channelling capital into sustainable and durable businesses accelerates positive change in the world. Funding the future is a privilege: we use it wisely and responsibly.

 

We employ over 5700 talented people worldwide operating in 37 different locations across Europe, the Americas, Asia, Africa and the Middle East, close to the markets in which we invest and close to our clients.

 

Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.

 

 

 

 

Investment20/20

You will join as an apprentice as part of the Investment20/20 programme, you will have opportunities to meet and network with trainees across the industry and participate in training, socials and insight events.   

 

 

 

The Team

 

You'll be part of our newly created Schroders Solutions division which has been established by bringing together the Portfolio Solutions team and the River & Mercantile Solutions and Derivative businesses in February 2022. 

Our Solutions teams work on creating new investment solutions using our own investment expertise and/or in partnership with other Investment desks within Schroders.  Our job is to build bespoke portfolios and work with our global clients to understand the investment challenges our clients face.  

We design and deliver innovative investment solutions for our clients. So we're after creative, curious people who are up for a challenge. You'll be happy working with complex problems, but we also need someone who is interested in investment processes and quantitative methods. Our job is to teach you what we do and how we do it.

Please note: this role sits within our Solutions business and not in our Investment business, however as part of this role, you will liaise and work with Investment teams on a regular basis and the role includes various Investment related tasks /activity.

 

 

 

What you’ll do

As an apprentice, you will spend 20% of your time working towards achieving your qualification the rest of your time will be spent working with your team and gaining the skills you need to build your expertise.

 

You will be placed in one of the following areas within our Solutions business:

 

 

Consulting

 

 

The Consulting team is responsible for delivering investment advice to over 100 clients, the vast majority of which are UK defined benefit and defined contribution pension schemes. Our role is very broad and involves technical investment modelling, presenting to and educating our clients about many aspects of investment, and ultimately helping to ensure our clients achieve the returns they need. 

 

 

 

Some of your day to day tasks could include:

 

 

• Modelling pension liability cash flows 
• Dealing with ad-hoc client queries
• Designing a long-term investment strategy to meet a client's investment goals, which will involve risk modelling and analysis
• Preparing written materials for clients, including advice and training
• Reporting to clients on how things are going in their investment strategy 

 

 

 

Portfolio Implementation

 

 

The team is responsible for building and monitoring multi-asset portfolios, providing exposure to our best ideas whilst meeting client specific objectives. The role is diverse and focuses on the practical approach to implementing our clients’ solutions, managing both risk and return.

 

 

Some of your day to day tasks could include:

 

 

• Planning, execution and reporting of portfolio transitions for advisory clients 
• Day to day management of portfolios on behalf of our Fiduciary clients and multi asset funds
• Model trades and execute on behalf of our Fiduciary clients and multi asset funds across a range of asset classes and markets. 
• Providing trade and exposure analysis to Portfolio Managers
• On-going risk and exposure monitoring across all portfolios and products
• Investment performance measurement and monitoring across all portfolios and products 

 

 

 

 

Derivatives

 

 

The Derivatives team is made of actuarial, pension and market specialists that have a wide knowledge of financial markets and of pension schemes. The aim of the team is to put together and manage innovative solutions that help pension schemes manage the risks in their liabilities and their assets or enhance their returns.

 

 

Some of your day to day tasks could include:

 

 

• Modelling pension liability cash flows to understand their risks
• Designing a liability matching portfolio of UK Gilts and derivatives
• Monitoring hedge portfolios versus their benchmarks
• Model trades and execute them in the market, either on execution platforms or with counterparty banks
• Dealing with ad-hoc client queries
• Reporting to clients on how their hedge portfolios are performing and explaining the performance

 

 

 

The knowledge, experience and qualifications you need 

 

 

 

• You must be 18 years old by 2 September to apply for the 2024 intake
• You must have gained A-levels (or equivalent) in any subjects – no minimum UCAS point required 
• At the start of your new apprenticeship, it is important that you are not currently enrolled in another funded apprenticeship or any other funded further education or higher education program.
• Please note that funding for a repeated qualification is not available
• Those undertaking a level 3 or higher apprenticeship must achieve a level 2 in both English and maths (i.e. a GSCE grade A* to C (or 9 to 4)) or equivalent 

 

 

 

 

 

The knowledge, experience and qualifications that will help

 

 

 

• A flexible approach and willing to get involved in variety of tasks and projects. 
• Attention to detail and accuracy  
• Numerate and enjoys problem solving 
• Any experience in providing excellent customer service in any industry will be helpful.

 

 

Ultimately, we can teach what you need to know about the job we just need you to bring your drive, passion and enthusiasm to make the most of the opportunity to start building your career.

 

 

 

 

What you’ll be like

 

 

 

• You’ll be an ambitious and enthusiastic self-starter who is eager to learn more about our industry and our business 
• A team player with a pro-active approach to getting things done, you’ll love a challenge and are keen to work in an exciting, fast paced environment.
• You’ll be flexible with a keen eye for detail and have a good level of IT skills 
• You will have a natural flair for developing relationships and an entrepreneurial approach to work

 

 

 

 

Recruitment process 

 

 

 

 

1.       Online application form and CV 

2.       Online assessments 

3.       Online video interview 

4.       Assessment centre 

 

 

 

Please note we recruit on a rolling basis so recommend you apply early.  

 

Please only apply for one school leaver role (either an apprenticeship or trainee role). As you go through the recruitment process, you may be considered for similar roles.  

 

 

 

We're looking for the best, whoever they are

 

Diversity is at the heart of our culture. We strive to ensure inclusion at every level, to ensure that our actions match our words, and that our culture of belonging defines how we do business. We are an equal opportunities employer. You're welcome here whatever your socio-economic background, race, sex, gender identity, sexual orientation, religious belief, age or disability.

 

If you think you may require disability-related adjustments at any stage of the recruitment process, please contact adjustments@employ-ability.org.uk our disability partner EmployAbility (employ-ability.org.uk) for a confidential discussion and advice.  

 

 

 

Start date:    2nd of September 2024