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ALM Risk Analyst
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
To support and build on the capability within the Strategic Advice and ALM function associated with all ALM related activity. More specifically this relates to areas of analysis, advice and support pertaining to the triennial valuation process, stochastic analytics and liability cash flow dynamics.
This role is intended to assist in the alignment of the asset strategy and portfolio construction with the overarching and long-term liability dynamics on the DB side, and to assist in the development of the Glidepath and life-style options associated with the DC side.
The role will also ensure the bridge between the Funding Strategy team and USSIM is maintained and developed, as well as working with the ISA and Risk (PAIR) functions to develop the front-line risk framework.
The role provides support and development to all ALM related activities, including valuation support, LDI and long term stochastic risk modelling in the context of portfolio construction and management.
Key responsibilities
Delivering Results
• Works with ISA and PAIR to embed stochastic ALM analytics into the front- and second-line risk frameworks across DB and DC.
• Supports the integration of the liabilities into the asset allocation process, as well as the liability hedging programmes into the portfolio construction process (DB).
• Supports the ongoing development of the DC Glidepath, life-style options and potential future post-retirement offering
• Supports the Head of Strategic Advice and ALM and Funding Strategy teams in the scheme triennial valuation process
• Supports the CEO and USSIM Asset Allocation Committee (“AAC”) in portfolio construction and the long-term strategic asset allocation decision process
• Remains abreast of investment market and pension related developments and actively incorporates knowledge in the development of strategic initiatives
• Supports the preparation of committee papers for the relevant boards, coordinating and liaising with Head of Strategic Advice and ALM on content and other requirements.
• Continue to improve the consistency of market data used for analytics originated by ISA
• Ensures the asset inventory and model compliance are up to date for internally developed ALM models
Managing Resources
• Maintains constant dialogue with the Senior ALM Specialist, Head of Strategic Advice and ALM and Funding Strategy Team
• Operates a quality assurance process to ensure consistency and accuracy across the team
• Remains abreast of wider initiatives, particularly among Funding Strategy, CEO and PAIR functions
• Ensures all process documents are up to date for the most efficient use of resources
Your experience
Essential
• A great attitude – proactive and enthusiastic
• Attention to detail
• Previous experience in investment risk and stochastic analysis
• Familiarity with UK defined benefit pension topics
• Ability to communicate effectively in both written papers and oral presentations
• Familiarity with quantitative methods (statistics, econometrics, etc.)
• Intellectual curiosity – willingness and ability to investigate and develop new ideas
• Proficient at prioritisation, project organisation, and management of multiple workstreams
Desirable
• Undergraduate qualification with economics, finance and statistic content and/or progress towards post-graduate investment/actuarial qualification (e.g. CFA, FIA)
• Good understanding of institutional asset classes (including LDI, equities, credit and private markets)
• Good understanding of macroeconomics, actuarial and investment theory
• IT and programming skills (e.g. Excel, VBA and Python)
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
| ISA – Investment Strategy & Advice | 19/05/2021 |
| London |
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Asset Manager
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
The successful candidate will work collaboratively with the PMG investment teams and management of PMG’s directly-held portfolio companies within its “Direct Equity” mandates (Private Equity and Infrastructure investments) to maximise returns and preserve value. This will include, as demand dictates, a range of ‘hands on’ asset management activities.
The successful candidate will also have day-to-day responsibility for coordinating PMG’s quarterly valuation process, working alongside other PMG stakeholders and our internal and external valuers. In this capacity, the successful candidate will also be expected to oversee PMG’s valuation models, ensuring they remain fit-for-purpose and are consistently executed and managed across PMG.
Key responsibilities
Own Function (AM) Responsibilities
• Collaborate with the PMG investment teams on pre-execution due diligence relevant to the asset management and/or future operational needs of the target investment
• Through the asset management planning process, work with the investment teams in developing and then challenging business strategy, operational focus and risk management through the definition of appropriate targets (financial and operational)
• Proactively influence, monitor and assess asset performance versus those targets
• Where required, serve as non-executive director of portfolio companies/SPVs within the direct equity mandates
• Contribute to the agenda and key discussion items at the relevant asset management committees and provide constructive challenge
• Initially the role will also support a project to centralise the PMG valuation models within the AM team and will work alongside dedicated project and/or consultant resource to successfully implement this initiative
Broader (PMG) Responsibilities
• Undertake coaching and mentoring of junior members of PMG staff
• Act as an internal and external ambassador for PMG including exhibiting and promoting the PMG Terms of Trade and USSIM cultural values
Your experience
Experience
• Extensive, demonstrable track record of asset management of privately-held companies within a Private Equity and/or Infrastructure setting
• Likely to have worked in a similar role in one or more of the following: GP, Pension Fund, Asset / Fund Manager
• Experience within a Financial Services’ consultancy / transaction services’ organisation would also be considered
Skills and Technical Competencies
• Fluency with industry-standard valuation practices, modelling and knowledge of key financial terms
• Highly numerate (Accountancy qualification is considered advantageous but not a necessity)
• Great attention to detail
• Strong verbal and written communication
• Excellent interpersonal skills and a team player
• Self-starter with ‘can do’ attitude, highly organised and ability to prioritise
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| Private Markets | 17/08/2021 |
| London |
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Business Analyst
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
To define the scope of projects in conjunction with business sponsors, analyse requirements and specify operational and technical change across USSIM. To take responsibility for providing business analysis across various projects and BAU initiatives, with involvement in activities throughout the full project lifecycle including definition, testing and implementation of processes, operating models and system changes.
The successful candidate will be involved in a variety of projects that are either strategic, regulatory or discretionary with a focus on supporting Private Markets Group (PMG) processes. They will report to the Head of Business Analysis within the USSIM Business Change team.
Key responsibilities
The BA is expected to provide the analysis that will define the scope, requirements and success criteria for a variety of initiatives in support of the private markets team (PMG). They will coordinate input from stakeholders, liaising with the technology change teams (IMS) where appropriate, to define, document and present solutions for review and agreement. The BA will act as a point of contact for business and technical colleagues through to solution delivery.
The individual will be expected to support Business Change Project Managers and USS PMO, with responsibility for tracking against agreed deliverables and timelines, capturing associated risks and issues, escalating to the Project Manager or Head of Business Analysis as appropriate. They may also be required to provide input to project reporting including Steering Committee representation.
The key tasks are expected to include:
• Define the scope of workstreams within the project, agreeing high level aims with stakeholders.
• Define detailed business and systems requirements in conjunction with users and developers.
• Prepare a range of documents and project artefacts as required to suit the task at hand.
• Document current state, proposed outcome and target operating models.
• Plan, run and support testing for new or changed processes and systems.
• Work towards strengthening and, where possible, standardising processes to support on-going credit asset management, cash flow planning and modelling. This may involve working with third party platform providers to optimise data feeds and process flows.
• Assist with implementation of processes to ensure that valuations models are properly validated and controlled. Work with PMG analysts and managers, operations colleagues, external asset service providers, financial partners and auditors to ensure that all valuations are robust, maintainable and standardised where possible.
• Gain familiarity with end user functionality and administration of deal systems.
• Enhance operational reporting and contribute to the development of KPI monitoring.
More generally:
• Assist with the design and analysis of solutions.
• Analysis and documentation of requirements.
• Formal documentation of design and solutions processes.
• Feasibility analysis.
• Impact assessment of changes.
• Develop effective relationships across the business.
• Assist with RFP / selection process for third party vendors where applicable.
• RAID log management.
• Liaising with developers to understand technical opportunities and constraints, identify practical solutions, both strategic and tactical where appropriate, and to help prioritise work into releases.
Your experience
The following skills are considered fundamental:
• Extensive prior business analysis experience (essential).
• Technical familiarity and experience writing systems documentation (essential).
• A strong background in financial services, with specific asset management and pensions sector experience (strongly preferred).
• Experience of either managing workstreams within large projects or project management of smaller projects (strongly preferred).
• Prior involvement with alternative assets (in particular private credit but also private equity and property) and private market investment processes and systems (preferred but not critical).
More specifically, the successful candidate should be able to demonstrate:
• Experience of mapping processes, both current and target
• Good relationship and stakeholder management skills, with an ability to engage with and gain the confidence of others as well as challenge where appropriate.
• Strong communication skills (written, pictorial, presentational and verbal) including the ability to adapt communications to different audiences.
• The ability to summarise key elements succinctly for articulation to senior management.
• Logical, structured thought processes and good problem-solving skills.
• A proactive and constructive approach to issue resolution.
• Exacting standards and close attention to detail.
• The ability to prioritise, including management of multiple workstreams.
• The ability to deliver high quality work under tight timelines.
• A strong compliance culture and high personal ethical standards.
• A flexible approach to work.
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
| Operations | 09/06/2021 |
| London |
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Business Analyst (PAIR)
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
To define the scope of projects in conjunction with business sponsors, analyse requirements and specify operational and technical change across USSIM. To take responsibility for providing business analysis across various projects and BAU initiatives, with involvement in activities throughout the full project lifecycle including process definition, system requirements, testing (functional and technical) and implementation.
The successful candidate will be involved in a variety of projects that are either strategic, regulatory or discretionary across the USSIM business areas but with special emphasis on Performance and Investment Risk (PAIR). They will report to the Head of Business Analysis within the USSIM Business Change team.
Key responsibilities
The BA is expected to provide the analysis that will define the scope, requirements and success criteria for a variety of initiatives, primarily in support of the Performance and Investment Risk teams. They will coordinate input from relevant business areas, liaising with the technology change teams (IMS) where appropriate, to define and document proposed solutions for presentation back to business stakeholders for review and sign-off. The BA will act as a point of contact for business and technical colleagues through to solution delivery. The initial focus is involvement in a project to review and implement changes to the investment risk operating model and systems.
The individual will be expected to support Business Change Project Managers and USS PMO, with responsibility for tracking against agreed deliverables and timelines, capturing associated risks and issues, escalating to the Project Manager or Head of Business Analysis as appropriate. They may also be required to provide input to project reporting including SteerCo representation.
The key tasks are expected to be:
• Define the scope of the project, agreeing high level aims with stakeholders.
• Define detailed business and systems requirements in conjunction with users and developers.
• Preparation of a range of documents and project artefacts, as required to suit the task at hand.
• Assess implementation options, influencing stakeholders to select the most appropriate solution. Highlight the implications of each solution not only in terms of project delivery but also business value and on-going support or effort levels.
• Document the current state, proposed outcome and target operating model.
• Planning, preparation, participation in and oversight of testing, transition and implementation.
More generally:
• Assisting with the design and analysis of solutions.
• Liaising with developers to understand technical opportunities and constraints, identify practical solutions, both strategic and tactical where appropriate, and to help prioritise work into releases.
• Analysis and documentation of requirements.
• Formal documentation of design and solutions processes.
• Feasibility analysis.
• Impact assessment of changes.
• RAID log management.
• Develop effective relationships across the business.
• Assist with RFP / selection process for third party vendors where applicable.
Your experience
• Extensive prior business analysis experience (essential).
• Close involvement with investment risk (essential) and performance (preferred) teams and systems.
• Technical familiarity and experience writing systems documentation (essential).
• Experience of either managing work-streams within large projects or project management of smaller projects (strongly preferred).
• A strong background in financial services, with specific asset management and pensions sector experience (highly desirable).
• Logical, structured thought processes and good problem-solving skills.
• Good relationship and stakeholder management skills, with an ability to engage with and gain the confidence of others as well as challenge where appropriate.
• Ability to take the initiative and problem solve. A proactive and constructive approach to issue resolution.
• Strong communication skills (written, pictorial, presentational and verbal) including the ability to adapt communications to different audiences.
• Experience of mapping processes, both current and target, with the ability to summarise key elements succinctly for articulation to senior management.
• Ability to deliver high quality work under tight timelines.
• Strong compliance culture and high personal ethical standards.
• Highly competent at prioritisation, process organisation, and management of multiple work-streams
• Experience of management information typical of that provided to ExCo is desirable.
• Flexible approach to work.
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| Operations | 28/09/2021 |
| London |
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Compensation and MI Analyst
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
Working closely with the Chief Human Resources Officer and the HRBP team to deliver the annual remuneration cycle and remuneration and benefits related activities and support the development and delivery of organisational people related measures, metrics and analytics (including reward) and related insights.
Key responsibilities
Remuneration & Benefits
• Support compensation cycle of activities including, for example, the annual compensation review, employee communications, benchmarking, diversity aligned pay review analysis and reporting.
• Management of all reward analytics and data.
• Develop the provision of total rewards reporting, analytics and insight, through the provision of high quality and accurate management information.
• Oversee the job level framework and develop ongoing policy for implementation
• Support the continuous improvement of rewards policies, processes, practices and communication
• Input into and preparation of reports for Committees and Boards.
• Provide support for ad hoc remuneration activities and projects (including the potential introduction of flexible benefits)
• Support the oversight, budgeting and communication of employee benefits.
Analytics and Insight
• Providing subject matter expertise (SME) on people and business data and analytics, with the ability to tell business relevant and compelling stories based on the data and insights whilst ensuring compliance with GDPR.
• In conjunction with the HR Systems and Service Officer, enhance people dashboards including regular KPIs/metrics as well as ad-hoc reporting including generating, reviewing and interpreting data.
• Support the enhancement of monthly people KPIs, including providing insight, commentary and outlook.
• Working closely with the third-party outsourced recruitment provider, develop insightful recruitment management information that provides relevant stakeholders with holistic data to support proactive resource and headcount planning and resourcing initiatives, such as diversity in recruitment.
• Keep abreast of best practice in people analytics, relevant regulatory and legislative changes (including those on data protection).
HR Functional
• Oversee tracking and reporting of HR projects and deliverables, inputting to Committee papers, and other key activities.
Your experience
• Demonstrated experience working in an information-rich environment
• Practical experience of working with HR systems, analytics tools and research methods
• Excellent analytical and conceptual skills to solve complex problems
• Strong knowledge and appreciation of reward techniques and principles including executive compensation market benchmarking and compensation modelling
• Advanced Excel knowledge including Power BI and VBA)
• Advanced PowerPoint and Word skills
• Strong communication, interpersonal and relationship management skills
• Action orientated highly collaborative with strong internal / external client centricity
Team player who is also able to work alone
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| HR | 22/07/2021 |
| London |
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IPM Analyst Associate
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
The IPM Team is a central team within USSIM responsible for the oversight (including execution) and governance of mandates, as well as the investment product development across the scheme. The IPM Team provides the “voice of the client” within USSIM and this new role will support the oversight of the scheme arrangements as well as the ongoing design, delivery and governance of the DC investment product.
The role will involve assisting with co-ordination across USSIM and USS to develop and govern the DB and DC investment products. This will include the steering of developments through the required executive and trustee approval process, as well as oversight of the investment management arrangements.
To keep abreast of market developments and help to ensure that the DC investment product is market leading, working with a virtual team across the organisation to help achieve its strategic investment initiatives.
As a new role, there will be the ability to shape how it develops, and some flexibility depending on scheme needs.
Key responsibilities
Managing Processes & Future Focus
• Working with the investment desks, Investment Product Management team and Investment Strategy & Advice team to understand developments and requirements across the USS business
• Work with the Head of Fiduciary Oversight to ensure mandates are implemented in the best interest of the Scheme and members
• Assist with the smooth running of the DC investment product, including oversight and monitoring.
• Support with the continued development of the DC investment product over time to become and maintain market leading status
• Understanding of the regulatory landscape within which USSIM and the scheme operates
Managing Resources
• Working with the rest of the IPM team to ensure that the investment product benefits from the input of the wider USSIM and USS teams
Managing Relationships
• Provide value by working closely with the Head of Investment Product Management, Head of DC Investment Product and Head of Manager Selection & Oversight
• To work with a virtual team across investment operations, compliance, front office, Performance and Investment Risk (PAIR), Responsible Investment, legal, and Investment Strategy & Advice teams within USSIM to help to create, monitor and develop investment products across the scheme
Your experience
• Self-starter in identifying new projects and opportunities;
• Competent at prioritisation, process organisation, and management of multiple workstreams
• Attention to detail; particularly when reviewing documents
• Ability to deliver high quality work under constrained timelines
• High level of structure and organisation and the ability to work across teams
• Ability to communicate effectively in both written papers and oral presentations
• Strong compliance culture and high personal ethical standards
• Enhance and further develop USS’ cultural objectives
• Strong stakeholder focus and ability to understand the relationships between the Business and Stakeholders
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| Investment Product Management | 12/10/2021 |
| London |
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Manager Selection Analyst / Associate
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
To help research, select and monitor asset managers, across listed equity and fixed income, for the DB and DC sections of the scheme.
Key responsibilities
Research:
• Contribute to the research of existing and potential external asset managers to help meet the scheme’s long-term investment objectives.
• Analyse and review existing mandates to ensure ongoing fitness for purpose and produce regular monitoring reports.
• Work with internal asset class desks to ensure appropriate diversification of alpha sources and to maximise the benefits of the external manager programme.
• Participate in early-stage research on new managers and strategy types that could play a role within the scheme’s investment strategy in future.
• Establish, deepen and strengthen relationships with external managers.
Due diligence:
• Support the mandate search process, producing initial long- and short-lists of potential managers, working with external consultants as necessary.
• Undertake qualitative and quantitative due diligence (DD) on prospective managers.
• Ensure that all DD reports and supporting materials are prepared and filed on a timely basis.
• Contribute to improvements in the DD process over time.
Implementation:
• Marshal managers through the DD process, working closely with other members of the Investment Product Management team, operational due diligence, performance & risk, and responsible investment teams as necessary.
• Work closely with the legal and operational teams on negotiating investment management agreements and side letters with managers.
• Contribute to the manager on-boarding and mandate implementation process.
Your experience
• Intellectual curiosity and a passion for investment
• Strong quantitative and qualitative analytical skills
• Highly numerate and computer literate
• Strong communication skills (both written and oral)
• Ability to prioritise effectively and to manage multiple projects
• Ability to deliver high quality work under time constraints
• Attention to detail
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| Investment Product Management | 25/10/2021 |
| London |
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Maternity Cover - Analyst/Associate - PMG
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
n/a
Key responsibilities
n/a
Your experience
n/a
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| Private Markets | 15/09/2021 |
| London |
|
Modelling Associate
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
The successful candidate will support more senior colleagues in helping to coordinate PMG’s quarterly valuation process, working alongside other PMG stakeholders and our internal and external valuers. In this capacity, the successful candidate will also be expected to provide technical expertise to other AM team members on PMG’s valuation models, ensuring they remain fit-for-purpose and are consistently executed and managed across PMG.
Key responsibilities
Own Function (AM) Responsibilities
• Initially the role will support a project to centralise the PMG valuation models within the AM team and will work alongside dedicated project and/or consultant resource to successfully implement this initiative
• Once the project is delivered, to provide support to the AM team on valuation models and ensure clean transfer of models from deal team where acquisition models are transformed into valuation models, support the valuation framework and oversee and coordinate the model attestation / model audit process with Op risk
• To help embed modelling knowledge and valuation best practice within the AM team
Broader (PMG) Responsibilities
• Coordinate PMG’s input to USS / USSIM valuation exercises
• Influence PMG activity through formal committees and working groups as well as regular discussions
Your experience
Experience
• Demonstrable track record of asset management of privately-held companies within a Private Equity and/or Infrastructure setting
• Likely to have worked in a similar role in one or more of the following: GP, Pension Fund, Asset / Fund Manager
• Experience within a Financial Services’ consultancy / transaction services’ organisation would also be considered
Skills and Technical Competencies
• Familiarity with industry-standard valuation practices, and knowledge of key financial terms
• Excellent financial/valuation modelling capabilities
• Highly numerate (Accountancy qualification is considered advantageous but not a necessity)
• Great attention to detail
• Strong verbal and written communication
• Excellent interpersonal skills and a team player
• Self-starter with ‘can do’ attitude, highly organised and ability to prioritise
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| Private Markets | 17/08/2021 |
| London |
|
Performance Analyst
The Universities Superannuation Scheme (USS) has circa 396,000 members, and over £60 billion in assets, we’re one of the largest private pension schemes in the UK and in the top 50 worldwide. Established in 1974, we’re entrusted by over 350 higher education sector employers to manage and administer the pension scheme and its investments through our two companies, Universities Superannuation Scheme Limited and USS Investment Management Limited.
Our purpose
Working with Higher Education employers to build a secure financial future for our members and their families.
The role
Production, quality-checking and distribution of performance reports that attributes the scheme performance to different drivers.
Key responsibilities
Delivering Results
1. Assist with day-to-day production of analysis and reports
2. Be part of driving process and report improvements
3. Assist with the development and maintenance of process documentation
4. Co-ordinating board packs
5. Contribute to projects where required
Managing Resources
6. Work with the system provider (Ortec) to help develop and test new reports and analysis and improve the operation of Ortec through feedback and KPI´s
7. Work with fund accountants and Investment Accounting (IA) to ensure data issues are resolved in a timely and accurate manner
8. Work with NT (RADAR) to ensure smooth production of DC performance
9. Automate and redesign processes to achieve efficient performance processes
Managing Relationships
10. Build relationships with IA, Operations, Finance and the wider organisation to enable the team to work more effectively
Your experience
• Experience of performance measurement in asset management or pension funds
• Numerical university degree preferred
• Comfortable working with and financial data and conducting analyses
• Experience of using standard performance systems. Preferably Ortec Pearl, NT RADAR and FactSet.
• Experience of attribution at asset management or pension funds
• Very good understanding of financial markets and instruments gained through courses or experience
USSIM is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We recognise the diverse lifestyles and priorities of our employees and have reflected this in in the company’s Flexible Working Framework, which, wherever possible, supports employees to find a balance that works for them whilst ensuring we always put our members’ interests first.
| PAIR | 25/10/2021 |
| London |