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Who we're looking for

If you've just finished school or college, and gained A-levels or BTECs, and you're not sure that university is for you, then our 2-year Solutions Apprenticeship provides you with a chance to take the first step in your career and earn while you learn.

Although you may have never heard of Schroders before visiting our website, this apprenticeship programme could be for you seeing as the key purpose of the programme is to teach you about what, why and how we do what we do.

On this programme, you'll be part of the Schroders Solutions team.

You will get hands-on experience with the department, find out how the Solutions teams operate within Schroders as well as working towards a professional qualification.

The salary for this role ranges from £24k-25k.

About Schroders

Schroders is a global investment manager which helps institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

Our purpose is to provide excellent investment performance to our clients through active management. By serving clients, we serve wider society. Channelling capital into sustainable and durable businesses accelerates positive change in the world. Funding the future is a privilege: we use it wisely and responsibly.

We employ over 5700 talented people worldwide operating in 37 different locations across Europe, the Americas, Asia, Africa and the Middle East, close to the markets in which we invest and close to our clients.

Schroders has developed under stable ownership for over 200 years and long-term thinking governs our approach to investing, building client relationships and growing our business.

The Base

We moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre. We offer flexible working appropriate for a client solutions focussed role.

Investment20/20

You will join as an apprentice as part of the Investment20/20 programme, you will have opportunities to meet and network with trainees across the industry and participate in training, socials and insight events.

The Team

You'll be part of our newly created Schroders Solutions division which has been established by bringing together the Portfolio Solutions team and the River & Mercantile Solutions and Derivative businesses in February 2022.

Our Solutions teams work on creating new investment solutions using our own investment expertise and/or in partnership with other Investment desks within Schroders. Our job is to build bespoke portfolios and work with our global clients to understand the investment challenges our clients face.

We design and deliver innovative investment solutions for our clients. So we're after creative, curious people who are up for a challenge. You'll be happy working with complex problems, but we also need someone who is interested in investment processes and quantitative methods. Our job is to teach you what we do and how we do it.

Please note: this role sits within our Solutions business and not in our Investment business, however as part of this role, you will liaise and work with Investment teams on a regular basis and the role includes various Investment related tasks/activity.

What you'll do

As an apprentice, you will spend 20% of your time working towards achieving your qualification the rest of your time will be spent working with your team and gaining the skills you need to build your expertise.

You will be placed in one of the following areas within our Solutions business:

Consulting
The Consulting team is responsible for delivering investment advice to over 100 clients, the vast majority of which are UK defined benefit and defined contribution pension schemes. Our role is very broad and involves technical investment modelling, presenting to and educating our clients about many aspects of investment, and ultimately helping to ensure our clients achieve the returns they need.

Portfolio Implementation
The team is responsible for building and monitoring multi-asset portfolios, providing exposure to our best ideas whilst meeting client specific objectives. The role is diverse and focuses on the practical approach to implementing our clients' solutions, managing both risk and return.

Some of your day to day tasks could include:

• Planning, execution and reporting of portfolio transitions for advisory clients
• Day to day management of portfolios on behalf of our Fiduciary clients and multi asset funds
• Model trades and execute on behalf of our Fiduciary clients and multi asset funds across a range of asset classes and markets.
• Providing trade and exposure analysis to Portfolio Managers
• On-going risk and exposure monitoring across all portfolios and products
• Investment performance measurement and monitoring across all portfolios and products

Derivatives
The Derivatives team is made of actuarial, pension and market specialists that have a wide knowledge of financial markets and of pension schemes. The aim of the team is to put together and manage innovative solutions that help pension schemes manage the risks in their liabilities and their assets or enhance their returns.

Some of your day to day tasks could include:

• Modelling pension liability cash flows to understand their risks
• Designing a liability matching portfolio of UK Gilts and derivatives
• Monitoring hedge portfolios versus their benchmarks
• Model trades and execute them in the market, either on execution platforms or with counterparty banks
• Dealing with ad-hoc client queries
• Reporting to clients on how their hedge portfolios are performing and explaining the performance

The knowledge, experience and qualifications you need

• You must be 18 years old by 4 September to apply for the 2023 intake
• You must have gained A-levels (or equivalent) in any subjects – no minimum UCAS point required

The knowledge, experience and qualifications that will help

• A flexible approach and willing to get involved in variety of tasks and projects.
• Attention to detail and accuracy
• Numerate and enjoys problem solving
• Maths A Level (or equivalent) predicted/achieved at grade C or above
• Any experience in providing excellent customer service in any industry will be helpful.

Ultimately, we can teach what you need to know about the job we just need you to bring your drive, passion and enthusiasm to make the most of the opportunity to start building your career.

What you'll be like

• You'll be an ambitious and enthusiastic self-starter who is eager to learn more about our industry and our business
• A team player with a pro-active approach to getting things done, you'll love a challenge and are keen to work in an exciting, fast paced environment.
• You'll be flexible with a keen eye for detail and have a good level of IT skills
• You will have a natural flair for developing relationships and an entrepreneurial approach to work

Recruitment process
1. Online application form and CV
2. Online assessments
3. Online video interview
4. Assessment centre

Please note we recruit on a rolling basis so recommend you apply early.

We're looking for the best, whoever they are

Diversity is at the heart of our culture. We strive to ensure inclusion at every level, to ensure that our actions match our words, and that our culture of belonging defines how we do business. We are an equal opportunities employer. You're welcome here whatever your socio-economic background, race, sex, gender identity, sexual orientation, religious belief, age or disability.

If you think you may require disability-related adjustments at any stage of the recruitment process, please contact [email protected] our disability partner EmployAbility (employ-ability.org.uk) for a confidential discussion and advice.

Start date: Monday 4 September 2023