Investment Analyst, Wellcome
Active Manager Selection
3 days a week in office
Global charitable foundation for science research
Open for applications
Global charitable foundation for science research
1001+ employees
Open for applications
3 days a week in office
1001+ employees
Company mission
Wellcome's mission is to support science to solve the urgent health challenges facing everyone.
Role
Who you are
- We are looking for people with a strong interest in long term investing
- People who will thrive in this role are those who are intellectually curious, pro-active, and who enjoy working as part of a team to provide healthy challenge and analyse qualitative and quantitative data to identify good investments
- The successful candidate will have high levels of integrity and strong relationship management skills
- You will have the opportunity to build your career as a globally-oriented, long term investor, with experience across a range of asset classes, but focusing in particular on active managers investing in liquid markets
- Experience of working in an investment management or financial services organization
- Ability to build strong relationships with counterparties and colleagues, while resolving any conflicts in a confident and constructive manner
- Strong basic IT skills, including proficiency in Excel as well as strong quantitative and qualitative analytical skills, including basic financial modelling
- Adaptability and flexibility to work across the Investment team, critical thinker, objective, inquisitive and great attention to detail
What the job involves
- You will be working within the Investment team reporting to one of the Principals in the team
- This role is part of the Active Manager Selection team within the Investment division. Wellcome’s Investment portfolio of over £37 billion is diversified across asset classes and geographies with an objective of generating returns to fund the charitable mission and at least preserve the endowment in real terms long-term
- The Active Manager Selection team looks to identify the strongest long only equity managers and hedge funds investing in a range of liquid markets around the world
- We seek to identify talented investors with well-defined, high quality processes to provide us with diversified sources of returns to enable us to meet our portfolio return target
- The Investment Analyst will undertake analytical, monitoring and relationship management work for the Active Manager Selection team, as well as wider work across the portfolio to directly inform decision making and assist the Investments team in the delivery of its investment objectives
- Provide qualitative and quantitative analytical skills to the portfolio management team, which is responsible for investing directly and indirectly across all investment asset classes, with a specific focus on active manager selection
- Assist in the monitoring and review of existing liquid market managers, and evaluation of new opportunities, research investment ideas to contribute to the wider portfolio
- Assist in the negotiation of legal terms in accordance with Wellcome’s requirements
- Utilise financial analysis and investment judgement to inform portfolio decisions
- Actively network and promote Wellcome in the investment market as well as liaise with third parties, including external managers, consultants and advisers
- Contribute to a diverse and inclusive culture across the organisation, collaborating across departments
Application process
- To apply please upload your current CV and complete our short application
- Interview dates: W/c 17 and w/c 24 March
Salary benchmarks
Our take
The Wellcome Trust was originally founded in 1936 to fund medical research and has since grown into the UK’s largest private scientific research fund, and one of the wealthiest charities in the world. Disbursing over £1 billion in funds a year, it has provided funding to numerous medical research projects in its focus areas of mental health, climate & health and infectious diseases. These include the Cancer Genome Project and the Ebola Emergency Initiative.
Wellcome's recent decision to divest itself of its shares in fossil fuels has also relieved it of a persistent source of controversy, as this was potentially hindering the credibility of its climate change research. Wellcome has since partnered with the World Economic Forum to collect data on how climate change is affecting health worldwide.
The company is also moving to adjust to a more global role. The majority of its funding has historically been allocated to UK firms, but as climate change and infectious diseases know no borders, neither does research into solutions to these problems. ln 2019 it established an office in Berlin to strengthen its scientific links in the EU and to allow it to more easily fund important research outside of the UK.
Steph
Company Specialist at Welcome to the Jungle
Insights
6% employee growth in 12 months
Company
Company benefits
- Holiday – 25 days’ holiday a year plus bank holidays (and we usually close between Christmas and New Year)
- Pension (defined contribution plan) – you contribute at least 3% and we pay in 15% of your salary
- Income protection – to maintain your income if you have a prolonged illness or disability
- Life assurance – four to six times your basic salary if you’re a member of our pension plan
- Interest-free travel season ticket loan
- Private medical insurance – we pay the cover, you pay the tax (and you can pay to add dependants)
- Gym and fitness classes – free membership to on-site gym and subsidised fitness classes and treatments
- Employee assistance programme – free, independent 24/7 help and advice for work-related issues as well as problems affecting your home life
- Mental health support – our network of mental health first aiders can be a first point of contact, or help while you're receiving professional help
- Health assessments (free and voluntary) – after you’ve been here for one year, then every two years after that
- Occupational health – annual eye tests and flu jabs, as well as job-related vaccinations
- Flexible working – we make every effort to support flexible working, including flexible working hours and remote working (we respect people's different working preferences and the need for a healthy work-life balance)
- Flexi-leave scheme – you can buy or sell up to five days of your holiday entitlement a year
- Staff social club – a range of sports teams and fun events throughout the year
- Volunteering – we give you up to four days' paid leave a year to contribute to our local community
- Give As You Earn – allows you to make tax-free donations to the charities you care about
- Cycle-to-work scheme – we offer at least 25% discount on bikes and cycling equipment and we have secure cycle storage, lockers and showers
- Subsidised restaurant and cafe
- Wellcome Collection discounts – 20% off food, drink and gifts from our cafe, restaurant and shop
- Discounts through Perkbox – shopping, restaurants, cinema tickets, phone insurance and gift cards
Company values
- We make it count
- We act boldly
- We stretch ourselves
- We pull together
Company HQ
London, UK
Articles
Leadership
Jeremy Farrar
(Director, not founder)Has been Director of the Wellcome Trust since 2013. Before that was Director of Oxford Clinical Research Unit, working on research and clinical trials for diseases in Vietnam.
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