Post Introduction

We Include. You Belong.

Our Belonging and Inclusion Strategy aims for everyone in the National Church Institutions (NCIs) to feel that they belong, and are valued for who they are and what they contribute. Together, our people contribute in different ways towards our common purpose, whichever NCI they work in and whatever their background.

The Church Commissioners for England is an innovative, leading UK asset owner, responsible for managing the Church of England’s £10bn+ endowment fund and with an exceptional position at the forefront of responsible investment.

The fund is exceptionally diverse with major allocations to traditional and non-traditional assets – equities, real estate, credit, and a wide range of alternatives, including private equity and venture, timber, absolute return funds and others. The fund also deploys innovative and value adding tactical asset allocation (TAA) strategies to manage risk and enhance returns.

The Investment Division is responsible for all aspects of managing, stewarding, and supporting the fund, mixing both internal and external asset management models. The internal management includes the TAA derivatives-based strategies, some equity strategies and most of the highly diverse real estate portfolio. As such, the Investment Team provides an exceptional learning environment with a flat structure and culture that provides excellent opportunities for exposure to all investments, operational and leadership teams.

The Church of England is for everyone and we want to reflect the diversity of the community the Church serves across the whole country. Therefore, while of course we welcome all applications from interested and suitably experienced people, we would particularly welcome applicants from UK Minoritised Ethnicities (UKME)/Global Majority Heritage (GMH) and other under-represented groups. 

Main Responsibilities

Investment Risk Oversight

• Lead modelling and monitoring across public/private asset classes and in-house derivative strategies.

Portfolio Risk Evaluation 

• Assess macroeconomic, geopolitical, and market-specific threats, and present coherent risk summaries to senior teams.

Stress Testing & Simulations 

• Run Asset Liability simulations and design stress scenarios to explore adverse market impacts and liquidity conditions.
  

Policy & Compliance Checks  

• Review external derivative requests for compliance and control readiness.

Reporting & Communication

• Prepare committee level reports, recommend risk guardrails and ensure effective communication of portfolio exposures. 

Analytical Expertise

• Provide support on performance attribution and risk analytics inquiries, 

Data & Dashboard Development

• Collaborate with Investment teams to create new reports and optimise systems and workflows.

Cross-Team Collaboration

• Represent risk and performance in cross-functional projects, especially related to risk tool selection and implementation. 

Team Leadership 

• Mentor and manage an existing analyst, fostering professional development. 
  
  

Person Specification

ESSENTIAL

Knowledge/Experience

• Strong academic background in technical fields (e.g. maths, engineering, sciences)

• Solid grasp of risk techniques: factor modelling, stress testing, prediction

• Deep derivatives product knowledge, including pricing and risk

• Hands-on experience with leading risk solutions (e.g. Bloomberg MARS, Aladdin, MSCI Barra, FactSet, etc.)

• Proven ability to prepare high-level reports for committees and trustees. 

Skills/Abilities

• High integrity: reliable, honest, and trustworthy
• Passion for financial markets, portfolio construction, and scenario analysis
• Sharp attention to detail, excellent organisational skills
• Adaptive multitasker, meets deadlines under pressure
• Strong communicator across diverse teams and senior stakeholders
• Committed to continuous development and learning
• Effective relationship builder, capable of mentoring junior colleagues

DESIRABLE

• In-depth understanding of public/private asset classes and endowment investing
• Coding and analytical tool proficiency (Python, SQL, Power BI)
• Experience with Asset Liability models and insights into spending policies
  
  

Qualifications/Training

• Professional qualification such as FRM/CFA qualification desirable but not essential.