Senior Asset Allocation Analyst

At Rathbones, we help people invest their money well, so they can live well. That means more than financial returns - it's about helping people feel confident in their decisions and supported in their future. We don't just manage money, we guide people through life's big moments, helping them stay on track and focus on what matters most.

We're proud to be one of the UK's leading wealth managers, with over £109bn
* in assets under management and 20+ offices across the UK and Channel Islands. We're a FTSE 250 company with national reach and a local feel - and we're growing.

* As of June 2025

To help provide timely, relevant economic and "top-down" investment analysis to Rathbones' Asset Allocation Committee and Investment Managers.

• Analyse and interpret economic and market data to support Rathbones' central investment process.
• Build and develop robust quantitative frameworks to improve the depth of Rathbones' analysis.
• Support investment managers by responding to their queries and presenting at firm-wide or division-level research meetings.
• Produce internal research notes and external pieces of thought leadership. Communicate them effectively.
• Proactively identify research areas to improve the investment process.
• Support the delivery of the overall investment process by working with the wider research team (including equities, fixed income, collectives and risk modelling specialists).

If you meet some of these criteria and are excited about the role, we encourage you to apply

• Strong practical understanding of macroeconomic literature, theory and data is required and experience applying econometric/quantitative techniques in a professional setting, a strong plus.
• A high-level understanding of valuation methods and techniques for equities in particular a plus.
• Knowledge of long-term asset return forecasting and/or portfolio optimisation is an advantage, but not essential.
• Coding experience (especially Python) is an advantage, but not essential.
• Ability to explain complex concepts in plain English and in an engaging style, including to less technical audiences. Strong ability to present information visually. Experience using Datastream a plus, not a necessity.
• Proactive and accountable. Independently able to identify research areas relevant to business needs or improvements to existing frameworks.
• Knowledge of regulatory environment in which we operate.
• Understanding of the products and services Rathbones provides.
• Significant experience working in an investment-related role in Financial Services on either the sell- or buy-side. (working in an economics or investment strategy team is not required)
  A bachelors (minimum 2.1) or masters (minimum Merit grade) degree in Economics, Political Economy, Economic History, or a related

We want everyone at Rathbones to fulfil their potential, in an environment where you are proud to work and feel like you belong.

• A company pension - 9% non-contributory or 10% if you contribute 5%
• Private medical insurance - Individual on joining, family after 1 year's service
• Life assurance - 8 x salary
• Income protection - 75 % salary
• Company share scheme
• Discretionary bonus
• Flexible holidays - purchase up to 5 additional days
• Green Car Scheme
• Family friendly policies - enhanced family leave for parents & carers
• Study support - study days and funding for courses and qualifications
• Season travel ticket loans
• Volunteering days
• Gym discounts
• Other voluntary benefits you can choose to suit you

Our employees can choose to take part in various social groups and communities to support their wellbeing, growth, development and sense of community. These include:

• Sports & Social Committees
  , such as cricket, football, netball, running, yoga, quiz nights, charity bake sales and much more.
• Inclusion Networks that help us drive change within the organisation such as Gender Balance, Multicultural, Abilities Count, Pride, Social Mobility, Generations, Menopause Matters@Rathbones' and Armed Forces.
• The Next Gen IM Network
  , which brings together a community of trainees from across the UK, who are all at the early stages of their careers and offers development opportunities, exposure across the business as well as peer support and connection.

We aim to become an employer of choice for the wealth management sector, to achieve this we are working hard to build a…