Associate Portfolio Manager

As an Associate Portfolio Manager, you will support the construction, monitoring, and adjustment of client portfolios within a collaborative PM team. You will operate under supervision to deliver investment outcomes aligned to client goals, risk tolerance, and market conditions. The role offers progression from Wealth Trainee with increasing responsibility for a smaller, less complex book. You will grow in a culture focused on prudent risk management, rigorous process, and client outcomes, contributing to Rathbones’ investment philosophy.

• Support defining and implementing client-specific investment strategies based on risk tolerance and horizons
• Assist in ensuring portfolios stay aligned with client objectives and market conditions under supervision
• Recommend asset selections and allocations within Rathbones strategy
• Conduct research and analysis to support client requirements and outcomes
• Develop knowledge of Rathbones proposition, market context, and regulatory framework
• Learn Front Office Process Guides, Operating Model Summary, and Investment Risk procedures
• Monitor market conditions and economic trends to inform recommendations
• Track portfolio performance and assist with rebalancing decisions
• Identify, assess, and escalate investment risks as needed
• Collaborate with PM teams and supporting IMs for client meetings and relations
• Contribute to strong, risk-adjusted investment performance aligned with Rathbones philosophy
• Mentor junior team members and participate in committees and projects
• Promote a collaborative culture and uphold firm values and standards

• Level 4 CISI Investment Advice Diploma (Securities and Financial Planning and Advice modules)
• Experience in financial services, portfolio, investments or client-facing roles
• Exposure to portfolio management, suitability reviews, and client reporting
• Familiarity with business development activities and relationship management
• Strong communication and interpersonal skills
• Understanding of Rathbones proposition, portfolio and investment process and research capabilities
• Awareness of quantitative methods, financial math, statistics and economics
• Early research and analytical skills
• Understanding of portfolio construction, valuation and pricing techniques
• Grounding in relevant IT systems
• Awareness of regulatory environment and compliance standards
• Client-centric and commercially aware
• Proactive, collaborative, and accountable
• Demonstrates integrity, attention to detail, and professionalism
• Seeks feedback and continuous improvement

• Strong communication
• Collaborative mindset
• Client-centricity
• Portfolio management exposure
• Suitability reviews
• Client reporting