Newton Investment Management Limited (Newton) is an active investment management firm, using thematic ideas about the long-term investment landscape to create and manage strategies that help secure its clients' futures. We are a purposeful investment firm and our purpose at Newton is - and has been since our founding in 1978 - to improve people's lives through active, thematic and engaged investment which delivers attractive outcomes for clients, and helps foster a healthy and vibrant world for all. Newton thinks on a global basis, with its investment team working collaboratively across asset classes/regions. The firm offers investment solutions, designed to meet the real-world challenges the clients face, and the team manages them responsibly in the broadest sense - through embedding environmental, social and governance (ESG) considerations in investment decisions, voting actively and engaging with investee companies on issues that affect clients. Newton's clients are based around the world, and include pension funds, corporations and charities and, via Newton's parent company BNY Mellon, individuals.
In February 2021, Newton announced [in partnership with BNY Mellon Investment Management and Mellon Investments Corporation (Mellon)] that it is enhancing its investment capabilities by bringing in the equity and multi-asset divisions of Mellon. In doing so, it is creating a firm ideally equipped to ensure that clients benefit from one wholly integrated global research capability which powers a range of strategies to deliver attractive outcomes to clients and address the challenges of today and tomorrow. The integration is expected to be completed by Q3 2021.
With offices in London and New York, Newton has $62.9bn assets under management as of December 31, 2020. Newton prides itself on being an employer of choice, with a flexible working environment and a commitment to diversity and equal opportunity among its employees.
Synopsis of Role:
Reporting to Newton's head of RFPs, this role involves working closely with Newton's business development/sales, consultant and client relations and partnered distribution teams in winning new business globally and retaining existing clients through responding to RFPs/RFIs, client and consultant DDQs, periodic investment/company updates and ad hoc queries - all within tight deadlines. It also involves updating investment strategy narratives (qualitative information) on consultant databases. The role involves extensive liaison with different departments to ensure all information used is accurate and up to date and that it meets the compliance requirements. It involves working closely with the other RFP team members; three based in London, United Kingdom, and one (manager) based in New York. Additionally, it also involves close interaction with the data team based in London.
Formulate first through final draft responses to tenders/due diligence questionnaires/updates, etc., ensuring a match with the requirements of the prospect/client.
Tailor the response documents to the strategy being presented, client/consultant/prospect geography and client/consultant/prospect type.
Research and gather required information, then develop and write sections as appropriate.
Ensure that all documentation is compliant and has been passed through the appropriate channels to ensure it has been signed off by all relevant parties.
Project manage/coordinate the entire process around the RFP, i.e. making sure the input from different teams/people is received on time, factoring in time for all the quality reviews, and submitting the documents by the deadline - following the team's procedures at every stage. Ensure clear communication throughout the process.
Contribute actively to the team's process for keeping the database of RFP content up to date.
Respond to ad hoc/RFP requests from global BNY Mellon offices (UK, Asia, Europe and US) and review (as needed) their RFP documents pertaining to Newton.
Support the data team in writing/updating the narrative description of Newton's strategies on consultant databases.
Work with the rest of the RFP team and the offshore support team based in Pune (India) in updating standard (generic) RFPs for some focus strategies every quarter/as needed.
B.A. or equivalent; a foundation course in investment management (such as the CFA Institute Investment Foundations® Program) desired but not essential.
5-7 years of work experience preferred
Prior experience of writing RFPs in an asset management environment.
Broad knowledge of our industry, our various audiences and their requirements, and our regulatory backdrop.
Excellent attention to detail and strong writing skills.
Highly organized and efficient approach; able to work effectively under pressure, and to prioritize and meet deadlines.
Team player with strong communication skills.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.