Assistant Investment Manager

Rathbones provides individual investment and wealth management services for private clients, charities, trustees and professional partners. We have been trusted for generations to manage and preserve our clients’ wealth.

Our tradition of investing and acting responsibly has been with us from the beginning and continues to lead us forward. Our ambition is to be recognised as the UK’s most responsible wealth manager.

We see it as our responsibility to invest for everyone’s tomorrow. That means doing the right thing for our clients and for others too. Keeping the future in mind when we make decisions today. Looking beyond the short term for the most sustainable outcome. This is how we build enduring value for our clients, make a wider contribution to society and create a lasting legacy. Thinking, acting and investing responsibly.

Job Title:  Assistant Investment Manager

Department: RIM

Location: Edinburgh

Contract Type: Permanent

Reporting to: Justin Armet

The Role

The successful candidate will be responsible for helping to develop the investment business by assisting the Investment Management team in the care of client portfolios, providing excellent client service, and maintaining a consistently high level of professional standards.

Outcomes of the Role

• Assists in the management of client portfolios (full client lifecycle processes) under supervision (e.g., places deals on behalf of clients within permissible thresholds; explains investment decisions to clients and actions investment instructions; prepares STAR reports; prepares suitability reviews).
• Assist the IM team in ensuring Suitability. Suitability requires annual real-time engagement with the client. Clear understanding of their investment aims, personal/financial circumstances, investment risk appetite and their knowledge and experience of investment products and services, awareness of any vulnerability.
• Supports development of relationships by proactively engaging with clients and intermediaries and pre-empts issues then takes initiative to resolve, applying a Rathbones tone of voice and client experience to build our brand.
• Contributes to the development of investment and technical knowledge in the Investment Management team by completing research, developing relationships with third parties (e.g. brokers, intermediaries, other organisations) and sharing knowledge and business updates with the team.
• Improves Investment team technology capability by upskilling others on our systems and considering being a Super User.
• Assists Investment Management team to develop high quality client proposals (e.g. completes company research, compiles literature, coordinates and participates in research meetings).
• Supports the management and coordination of the Annual Portfolio Review and Investment Admin data for the Investment team.
• Mitigates risk by complying with internal policies, procedures and regulatory framework including Maintaining Competence as defined in the T&C scheme and adhering to the Conduct Rules

Knowledge, Skills and Experience

• Effective communicator with clients and intermediaries via different platforms. 
• Detail orientated and organised with strong numerical competency.
• Strong collaborator, able to thrive in a team and work well autonomously.
• Knowledge and a keen interest in the investment industry and investment products, in particular ethical, sustainable and impact investments.
• Keeps up to date with industry developments (e.g. products, legislation and regulation).
• An understanding of portfolio theory and client requirements to make recommendations.
• Working knowledge of asset classes and the investment process.
• Strong IT literacy and ability to adapt to new systems
• Experience working in Financial Services, the Investment or Wealth Management industry.
• CISI Investment Advice Diploma Level 4

Life at Rathbones

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a diverse, equal, and inclusive workplace that motivates, develops and embraces the strengths of all our colleagues. Being part of Rathbones means you will join a team of passionate professionals in a successful culture that cares for its people. At Rathbones, we provide meaningful work, opportunities, and a voice to all.

We are committed to building a team that is made up of diverse skills, experiences and abilities and encourage applications from all backgrounds. We welcome individuals who share our values – those that are passionate about client service, operate with the highest levels of integrity and have a strong results focus.