At LCP we love what we do, and it shows. We help our clients make good decisions based on insightful analysis, industry expertise, and game-changing technology.
Due to continued growth we now have an exciting opportunity for a senior DC consultant to join our growing team in London with a focus on the role being ESG investment.
Who are we?
Our DC consulting department comprises of around 40 dedicated DC consultants. We advise over £20billion in DC assets, including some of the largest DC schemes in the UK.
Our strong position in the market is supported by our award-winning technology which helps clients improve governance, investment and communication in their DC schemes, with the ultimate aim of achieving better outcomes for their members.
Because we don't provide fiduciary management services or have links with a DC pension provider we are able to provide un-conflicted, independent advice.
What's the role?
In this role you will work closely with our Head of DC and the Head of Responsible Investment (RI) to lead in the development of LCP's DC RI proposition and help to advise DC clients on all elements of RI (which includes ESG (Environmental Social Governance) factors and stewardship).
You will be part of a team of around 10 responsible investment specialists that sit within the wider LCP practice of around 140 people.
In addition you will be expected to be part of pitching for new clients and to lead on existing DC client relationships.
It's anticipated that the successful candidate will spend at least half of their time advising DC clients with the remaining time split between RI and training and development.
What will your key responsibilities and duties be?
Developing LCP's view on RI and what is suitable for DC schemes
To assess new and existing ESG product offerings and their suitability for DC clients
Developing RI reporting for DC clients, including ESG and voting information to support the production of annual implementation statements
Supporting the ongoing development of LCP's climate strategy modelling
Leading investment manage research meetings, formulating views on managers and providers putting forward appropriate material to support views
Reviewing analysis of membership and modelling output to identify appropriate investment strategies for clients
Identifying suitable investment structures to implement strategies, considering individual client circumstances and preferences
Conducting investment manager selection and DC provider selection exercises, leading clients to reach decisions on managers and / or providers
Communicating clearly both internally and externally, including public speaking
Providing input into DC and RI "thought pieces" and "blue sky" sessions
Assessing investment management agreements and insurance policies including terms with providers
Agreeing the basis and overseeing transfers of assets between investment managers and providers
Maintaining up-to-date knowledge of new product developments and regulations that may affect client and investment managers
Attending conferences and networking effectively with clients and prospects, building stronger relationships and increasing contacts
Leading pitches for new DC consultancy work
Sharing ideas and presenting persuasive arguments to colleagues and clients where needed
Working within a team environment, including close collaboration with the investment team and providing leadership and guidance to junior team members
What qualifications, skills and qualities do you need for this role?
Qualified in a relevant professional qualification (FIA / CFA or equivalent)
A minimum of 7 years years experience in the DC UK pension fund investment industry
A good understanding of current and upcoming RI regulation and its impact on DC schemes
Excellent project management skills, including managing projects independently and knowing when it is appropriate to involve the partner or consultant the team
Excellent time management an delegation skills with the ability to juggle variable, sometimes high, workloads