Chief Investment Officer

We are seeking an exceptional leader with a proven track record in managing significant investment portfolios, ideally within the public sector or a comparable pension environment. You’ll need a strategic mindset, strong leadership capabilities, and the ability to deliver investment returns that balance risk and reward in line with WYPF’s long-term objectives.

West Yorkshire Pension Fund (WYPF) is one of the largest and most respected pension schemes within the Local Government Pension Scheme (LGPS), managing approximately £20 billion in invested assets. We’re part of the £60+ billion Northern Pool for pension investments, and unlike many other LGPS funds, a significant portion of our assets are managed in-house by our expert team. This is a rare opportunity to take on a senior leadership role at a forward-thinking and stable pension fund, highly regarded for its consistent investment performance and low administrative costs.

Operating on behalf of five West Yorkshire councils and hosted by Bradford Council, WYPF manages pensions for over 500,000 members across a range of employers, including local authorities, educational institutions, housing associations, and fire authorities. We’ve built a strong reputation as a national leader within the sector, known for our efficient administration, excellent returns, and proactive approach to investment management.

The role

As Chief Investment Officer, you will play a critical role in shaping and delivering WYPF’s investment strategy. You’ll oversee a skilled in-house investment team of around 30, working to maximise returns, manage risk, and deliver long-term value. Your role will be to ensure the investment portfolio meets the needs of our members and stakeholders, while also navigating the evolving regulatory and market landscape.

You’ll work closely with senior leadership across WYPF and Bradford Council, as well as with key governance bodies, including the Investment Advisory Panel and Local Pensions Board. A key aspect of the role will involve collaborating within the Northern Pool, ensuring WYPF’s interests are represented, and contributing to regional and national policy discussions, especially in relation to Environmental, Social, and Governance (ESG) factors.

What we’re looking for

• A relevant degree, CFA, CCAB, or equivalent qualification
• Extensive experience in senior-level investment management, preferably within a pension fund or institutional setting
• A demonstrable track record of delivering strong investment performance in line with strategic objectives
• Strong leadership and communication skills, with the ability to influence and engage across multiple stakeholder groups
• A deep understanding of regulatory, governance, and ESG issues affecting the pension sector
• Proven ability to manage and develop high-performing teams in a dynamic environment

What we offer

In return, you will join a highly respected organisation that offers both stability and the opportunity to make a significant impact. Alongside a competitive salary you will benefit from:

• Hybrid working arrangements
• Generous annual leave and Local Government Pension Scheme membership
• Access to a range of employee benefits, including discounted travel, Cycle to Work scheme, and more
• A supportive and inclusive working environment committed to diversity and equality

How to apply

To apply, please submit your CV and cover letter by email to investments@wypf.org.uk no later than 9.00 am on 6 January 2025.

Interviews to be held week commencing 27 January 2025.

For an informal discussion, please contact Euan Miller, Managing Director, on 01274 433947.

This is a unique chance to join a leading pension fund at a time of exciting opportunity. Join us and help shape the future of WYPF.

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