Portfolio Manager; Cazenove

About Cazenove Capital

At Cazenove Capital we look after private individuals, families and charities. We are the wealth management business of the FTSE-listed global investment manager Schroders. We help our clients around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.

We are based at Charlotte Square in the centre of Edinburgh.

We are one of the largest UK-based wealth management firm, based in Edinburgh headquartered in London but with offices around the country. We help private clients, families, charities and some institutions meet their long term goals by offering our expertise in investment, wealth planning, lending and family office services. We draw on the resources of the Schroders group, as well as having our own in house investment team.

We're open to flexible working, so we can all balance our personal and professional commitments.

This is a Portfolio Manager role with a strong DFM / IFA focus. You will take increasing day-to-day ownership of a set of existing intermediary relationships and associated discretionary portfolios, providing excellent service and robust investment oversight. Over time, you will help grow the intermediary book in partnership with business development colleagues, while operating within agreed governance and risk frameworks.

• Intermediary partners (IFAs) introduce clients and remain the primary relationship owner with the end-client.
• We act as the discretionary investment manager, responsible for portfolio construction, implementation, and ongoing management within agreed objectives and suitability.
• Business development colleagues will support "door opening" and introductions; the Portfolio Manager plays a key role in winning confidence, articulating the investment approach, and then running and retaining mandates through high-quality ongoing service.

• Take day-to-day responsibility for discretionary portfolios linked to intermediary (IFA) relationships, with appropriate senior oversight during transition.
• Build and maintain strong relationships with IFAs through responsiveness, professionalism, and confidence in external meetings.
• Attend meetings with IFAs and end-clients, clearly explaining portfolio strategy, positioning, performance, and key risks.
• Implement portfolio actions (rebalancing, transitions, cash management and mandate changes) in line with client objectives, suitability, mandate guidelines, and internal governance.
• Maintain strong market awareness and demonstrate an interest in investment decision-making, including (where relevant) portfolios with exposure to direct securities as well as funds.
• Work closely with internal stakeholders (research, trading, operations, risk and compliance) to ensure efficient implementation and strong control standards.
• Support investment governance and reporting, including portfolio commentary and materials for internal forums as required.
• Partner with business development colleagues to support new opportunities: help convert introductions into funded mandates and support retention through excellent service and communication.
• Identify and elevate portfolio, operational, or relationship risks; ensure timely remediation and accurate documentation.
• Adhere to all relevant policies, procedures, and regulatory requirements.

• Experience in portfolio management / investment management, with meaningful exposure to DFM and IFA servicing.
• Strong understanding of the service model and expectations when operating via intermediaries (pace, responsiveness, relationship management, suitability).
• Confident…