Portfolio Manager

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At Rathbones, our purpose is to help more people invest their money well, so they can live well.

We are one of the UK’s leading providers of wealth management, investment management, financial planning and asset management services. We work with individuals and families, charities, trustees, financial advisers and other professional partners to help them make confident decisions about money and investments.

Our advisers take the time to understand each client’s goals, values and circumstances. Together, we create a personalised approach designed to manage, preserve and grow their wealth over the long term.

Our services include discretionary investment management, financial planning, fund and asset management, tax planning, trust and company management, and specialist responsible investment services through Rathbone Greenbank Investments. We also work with financial advisers to help them deliver positive outcomes for their clients.

With roots dating back to 1742, Rathbones has been trusted for generations. Today, we manage £120.7 billion of client assets*, supported by more than 700 investment professionals across 21 offices in the UK and Channel Islands.

Rathbones Group Plc is a FTSE 250-listed company.

* Figures as at 30 June 2026.

Location: Bristol

Contract: Permanent

Reporting to: Senior Portfolio Director

Working as part of a dedicated Portfolio Management team to construct, manage and monitor investment portfolios for a wide and varied client base (individuals, institutions and funds) to achieve financial goals whilst balancing risk and return. Collaborate and work in partnership with the investment management teams to ensure desired client outcomes are met. Portfolio Manager marks progression from the Associate role, with increased autonomy, strategic input, and commercial awareness and impact.

• Using systems, tools and knowledge to define and implement investment strategies based onclients’ risk tolerance, financial goals and investment horizons.
• Ensure investment portfolios aligned with client objectives and market conditions.
• Within Rathbones portfolio management strategy, select specific asset and determine the optimalasset allocation to build the portfolio.
• Thorough understanding of Rathbones investment process, conduct additional research and analysis to support client requirements and outcomes.
• Maintain strong understanding of Rathbones proposition, commercial awareness of the widermarket and clear knowledge of the regulatory framework.
• Build a working knowledge of the Front Office Process Guides and Operating Model Summary and Investment Risk procedures.

• Continuously monitor financial markets, economic trends and geopolitical events to ensureinformed investment recommendations can be made.
• Track the performance of aligned portfolios and recommend / make adjustments as needed (suchas rebalancing to maintain the desired asset allocation).
• Where properly communicated by investment managers, make appropriate adjustments to the management of a portfolio to reflect a client-directed bespoke requirement, where still deliverable within the client's current risk profile.

• Identify, assess and manage risks associated with investments.
• Possess a working knowledge of the Front Office Process Guides and Operating Model Summary and Investment Risk procedures.
• Use performance and health check data to assess portfolio risks and take action to manage accordingly.

• Partnering effectively with IMs where PM input required in support of client meetings and client relations.
• Ability to clearly explain investment…