Acre are working on a retained basis to further develop London CIV's commitment to responsible investing through the hire of a Head of Responsible Investment. In this newly created position, London CIV is seeking an experienced leader with in-depth experience of the responsible investment sector.
The remit for the position will be to work with the CIO and wider investment team to conceptualise and then deliver a range of products to clients that both meet investment requirements and fit within a broader responsible investment strategy. The Head of Responsible Investment will also be responsible for managing ESG risks, supporting LCIV client needs through appropriate product development and reporting, and oversight of stewardship needs. This key hire will be a highly visible member of the organisation, acting as leading resource and ambassador for London CIV in its commitments to responsible investing
About the Organisation:
London LGPS CIV is the collective Investment Vehicle for London Local Authorities (LLA) Pension Funds which delivers broader investment opportunities and enhanced cost efficiencies than LLAs can achieve individually and overall better risk adjusted performance. London CIV is unique in being the first fully authorised investment management company set up by local government, for local government in the UK. The vision of the group is to be a best in class asset pool that delivers value for Londoners. London CIV is committed to responsible investment. It recognises fully that its clients have a fiduciary duty to act in the best long-term interests of their members.
Key Responsibilities for the Role:
Maintain and implement a responsible investment policy for LCIV and its shareholders, overseeing the stewardship function, and the development of ESG resources as appropriate
Engage with investment colleagues to improve understanding and integration of ESG factors in investment decision-making and manager selection
Advise on best-practice in analysing and reporting of extra-financial factors and their impact, and appropriateness of benchmarks
Engage with London Local Authority (LLA) officers, members and investment advisors to understand their ESG, ethical and impact needs
Engage with investment managers and market participants to keep abreast of market, social and environmental developments that anticipate LLA needs
Represent LCIV and act as lead on relevant consultations with LLA's and external bodies such as the UNPRI, GRESB etc
Applicants for this position will have an entrepreneurial, 'can do' attitude and be highly regarded across the responsible investing space. They will also be capable of delivering high quality, innovative, thinking to build relationships with both existing investment managers and strategic partners to access additional technical expertise and identify potential new managers.
If you have the relevant experience and are keen to be part of an organization at the forefront of innovation in the ever-evolving field of Responsible Investment, please get in touch today.