Implementation Consultant recruitment

Towers Watson is a leading global professional services company that helps organisations improve performance through effective people, financial and risk management. With 14,000 associates around the world, we offer solutions in the areas of employee benefit programs, talent and reward programs, and risk and capital management.

The Investment line of business at Towers Watson consists of c.700 professionals and is responsible for advising on over $2 trillion of institutional capital globally, with occupational pension schemes, insurance companies, endowments, family offices and sovereign wealth funds all being represented in our client base.

Within the UK, which is the largest of our Investment teams with c.300 professionals, we offer a range of services to our clients, ranging from traditional investment consulting to fiduciary management of their assets (not via funds of funds). 

Services:

As part of our investment consulting and fiduciary management offering we are responsible for a wide range of activities for clients that can include the following:

• Setting asset allocation and re-balancing towards that asset mix on a regular basis

• Putting in place complex liability hedging arrangements, working with asset managers to transact on our instructions

• Investment manager selection/monitoring/de-selection

• Transition exercises: supervision of all transactions required to implement the desired asset allocation. Typically these transactions will be associated with changes in investment manager line-up or implementation of overlay strategies

• Cash flow management

We have a number of teams already in place that manage these processes, including an Implementation Team of over 20 people.

The Role:

To work in a consultant level role with our Implementation Team, which is responsible for the efficient implementation of client investment structures, which may include the use of the third-party transition managers.

The core of the implementation role focuses on transition project management and advising on transitions, which can involve monitoring relatively simple unit level transactions in pooled vehicles through to complex multiple investment manager and asset class transitions. 

The responsibility of the consultant will be to monitor and manage all of the parties involved in individual transitions, as well as ensuring the client team and client are updated about project progress on a regular basis. The wider implementation role includes working for our Delegated Investment Service (DIS) and Fiduciary clients, to ensure that their requirement of enhanced levels of communication and implementation timing are accommodated. 

More specifically, the role would entail the following:

The team is responsible for a number of activities outside of the scope of transition project management; hence there is the flexibility for an investment consultant within the team to be involved in areas such as transition manager research and consulting, together with focussing on project management skills within the wider investment business.

The Requirements: