Job Description
Employer: DWS Group
Title: Equity Portfolio Manager/Engineer – ETFs/Index Investing
Location: London
Team / division overview
The Passive Portfolio Management Team at DWS manages the full range of X-trackers across Equity and Fixed Income Exchange Traded Funds, as well as Segregated mandates, covering a wide range or index providers and array of benchmark types from multiple ESG flavours to Thematics. DWS has a global and integrated investment platform with a strong footprint globally. With presence on the ground in 17 locations, we cover the most important financial markets in the world. Our investment platform employs approximately 900 investment professionals (excluding product specialists), covering both the most important financial markets and regions, and the most important asset classes. You will play a key role as Portfolio Engineer within the team.
Role Details
- Carrying out daily management of the index equity portfolios via portfolio construction and trade implementation
- Supporting the management of client flows efficiently
- Managing investment and risk exposures, while determining optimal hedging strategies where applicable
- Determining optimal portfolio strategy to minimize tracking error to index, to ensure trading accuracy across corporate actions and cash flows
- Working on projects geared towards creating efficiency and bringing scale/automation for the overall development of platform
- Working closely with trading desks to determine optimal execution strategies
- Contributing to new and existing product development processes
- Overseeing the Net Asset Value, Portfolio Composition File reconciliations and performance attribution analysis
We are looking for
- Strong financial product knowledge across either Equities, Fixed Income or Commodities with exposure to Index, Synthetic, Delta-one or Derivative instruments
- Sound experience from either a Portfolio Management, Trading, Index Research background, with knowledge around portfolio construction, performance & attribution, and related ETF servicing
- Knowledge of index methodologies from key providers including FTSE, S&P, MSCI etc
- Strong quantitative/analytical skills including such as Python, VBA and Excel are highly beneficial
- An understanding of rebalance trading strategies
- Proficiency in all Microsoft Office Applications and capability using Bloomberg, Reuters, Factset, Aladdin and optimisation systems like Barra BPM, Bloomberg Portfolio Management
- Experience with option strategies and structured products would be highly beneficial
- Educated to Bachelor’s degree level or equivalent qualification/relevant work experience
What we’ll offer you
At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves and it’s important to us that you enjoy coming to work – feeling healthy, happy and rewarded. At DWS, you’ll have access to a range of benefits which you can choose from to create a personalised plan unique to your lifestyle. Whether you’re interested in healthcare, company perks, or are thinking about your retirement plan, there’s something for everyone.
Some of our core benefits
- 30 days’ holiday + bank holidays, with the option to purchase additional days
- A non-contributory pension scheme, up to 10%
- Physical and Mental Health Well-Being benefits including (but not limited to) Private Medical Cover, a complimentary GP service and the support of Mental Health First Aiders
- Family friendly benefits including generous parental leave packages (supporting all variations of family set-ups), to healthcare plans and travel insurance
- The opportunity to support our CSR strategy which is focused on combatting climate change and achieving greater social justice. You can make donations to our partner organisations or take part in corporate volunteering opportunities in your local communities by providing on hand support.
Hybrid Working model
DWS’ Hybrid Working model in the UK is designed to find the right balance between in-person collaboration and engagement in the office, which is core to our working culture, and working from home. Employees who wish to sign-up to our Hybrid Working model are required to work in the office two days a week, and given the flexibility to work from home for the remaining three.
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