Associate - Investment Practices - Principles for Responsible Investment
Salary: £40,000 - £45,000
Location: London UK
Closing: 6:00pm, 30th Jan 2022 GMT
About the PRI
The PRI is the world’s leading proponent of responsible investment. It works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions. The PRI acts in the long-term interests of its signatories, of the financial markets and economies in which they operate and ultimately of the environment and society as a whole. The PRI is truly independent. It encourages investors to use responsible investment to enhance returns and better manage risks but does not operate for its own profit; it engages with global policymakers but is not associated with any government; it is supported by, but not part of, the United Nations.
Working at the PRI provides an opportunity to engage with highly motivated, culturally diverse professionals on a wide range of cutting edge issues, such as income inequality through the lens of sustainable finance. The PRI provides scope for development at all levels with opportunities for project leadership and management working alongside some of the most influential signatories and leaders across financial markets and economies. In combination with a supportive culture that encourages continuous learning and flexible working policies, PRI is a highly engaging place to work on truly transformative issues.
The PRI has a growing number of signatories who require support and guidance on implementing PRI principles. The IP team acts as an important source of those guidance and tools. This position will work with senior programme leads within that team – helping deliver a range of content, events, tools and guides that are broadly structured within asset classes. The team works on programmes related to listed equities, private markets, asset owners and fixed income. The successful individual will work alongside and in support of leads on private markets (real estate, infrastructure, private equity, hedge funds) and listed equities in the delivery of active and growing work programmes helping signatories integrated ESG into investment decision making and stewardship.
Depending on capability and experience, the successful candidate is likely to have specific responsibilities for the delivery and execution of the work program on hedge funds.
All IP programs are designed to help signatories improve their understanding of Principle I and II in specific asset classes or investment strategies. The successful candidate will want to be involved in a number of different programs running across a series of asset classes. Ideally they will have specific interest in or experience in hedge fund strategies. The successful candidate will be able to evidence an ability to manage programs and have the confidence to start to build relationships with signatories early in their time at PRI.
¦ Work with internal content teams & external parties to create content that helps investors and asset managers signatories meet the PRI Principles.
¦ Support the Director of Investor Practices and other senior members of the team in delivering against the team’s business plan and programmes.
¦ Build strong relationships with the appropriate members of the wider content and signatories relationships team.
¦ Help oversee and manage the various committees and working groups of asset owner and asset manager signatories Advisory Committee.
¦ Liaise with signatories on technical issues relating to the implementation of RI.
PRI expects roles at an ‘Associate Level’ within the organisation to demonstrate skills across the following core competencies
Incorporates the fullest range of information available into analysis and decision making?
Uses appropriate technical processes/systems to develop and evaluate options in an effective and time-efficient manner ?
Assimilates data to draws out relevant insights and findings from analyses?
Identifies opportunities and risks to feed into decision making ?
Presents analyses in an appropriate format providing clear and concise recommendations
Understands, and always works towards, the mission and the aims of the PRI?
Is curious about what is happening in other parts of the PRI?
Is Signatory centric – seeks to understand, listen and respond to Signatory needs?
Understands own teams’ objectives and seeks to internalise them in own activities ?
Understands who does what at the PRI and uses the knowledge to complete activities
Approachable, credible and willing whenever engaging with colleagues?
Actively and appropriately seeks input from others ?
Focuses on interacting with colleagues in a positive and open manner?
Listens to what colleagues are saying, considers from different perspectives and tailor’s responses accordingly
Writes succinctly and clearly tailoring level of detail to the requirements of the end user?
Communicates clearly and precisely and able to convey thinking comprehensively?
Provides regular, clear and concise communications to manager, colleagues or other relevant people to keep updated on activities?
Structures and prepares well-written, logical outputs with limited guidance and editing?
Demonstrates self-awareness actively seeks feedback from others and acts upon it?
Explores new ideas with an inquisitive mind ?
Questions the status quo and suggests new ideas ?
Seeks out opportunities to drive continuous improvements in ways of working?
Open-minded attitude which welcomes change and new ideas
Prioritises and organises time effectively, focussing on the key organisational priorities?
Develops ways of working and processes to execute and improve efficiency across the PRI?
Methodically tackles problems, working with colleagues where necessary?
Takes account of the needs of other colleagues and/or Signatories when considering how to execute a piece of work?
Promotes and utilises effective project management skills
Technical Competencies & Experience:
¦ Experience from a broad range of career backgrounds will be considered especially those where the candidate is able to evidence knowledge of how capital market functions and the role of investment managers, equally experience working in responsible investment, ESG, or other roles at an asset manager, asset owner, or consultant would be highly advantageous
¦ Experience working within the hedge fund strategies or at HF managers will be an advantage.
¦ Demonstrable excellent written, communication and verbal presentation skills internally and externally at all levels.
¦ Experience of talking confidently and clearly about RI & investment management
¦ A collaborative and consultative approach to working with others and the ability to foster an inclusive working environment
¦ Investor Practices programme will increasingly rely on working with internal or external experts therefore a track record in programme management skills would be an advantage.
¦ As this is a global role, international travel may be required.
¦ Language skills, other than English, are desirable