Assistant Portfolio Manager

Our client is a growing International Asset Manager with a significant market present in Australia. The Assistant Portfolio Manager will join a team of Investment professionals that form the core function of the business and drives its ultimate success. 

Job Purpose:

• Assist with management of the assets of all ETFs.
• Ensure all ETFs perform in line with their investment objectives and remain within mandates.
• Prepare daily reconciliations between front office systems and the official valuations.
• Identifying and executing trades necessary for funds to meet their investment objectives, including index changes, cash flows, corporate actions, and currency hedging.
• Monitoring of capital markets activities.
• Assist with regular fund reporting requirements, including preparation of reports for management, external data vendors, regulators, and service providers.
• Developing front office tools.
• Respond to ad hoc request for fund information from sales and clients.
• Collaborate and coordinate efforts with portfolio administration, compliance, and other business functions.

Key Accountabilities and Scope:

• An understanding of the investment process for ETFs from the point of purchase of the ETF to the allocation and management of the assets on an ongoing basis. 
• Daily monitoring of fund exposures relative to the underlying index.
• Daily monitoring and analysis of tracking error including identifying and resolving any problems.
• Daily sign-off of fund valuations and production of fund composition files.
• Liaise with market makers in relation to capital markets activities.
• Provide input into product development from the initial concept stage, through to design, index selection and implementation.
• Monitor service providers to ensure activities are carried out in accordance with SLAs,
• Liaise with legal and compliance regularly to ensure all activities are carried-out within the regulatory framework.

Skills and Qualifications Required:

• Educated to degree level or equivalent, e.g. CFA.
• 3 to 5 years of previous experience in asset management, index/portfolio trading desk an advantage.
• Excellent technical knowledge of financial products, strong analytical and numerical skills to calculate and interpret portfolio management and risk measurements.
• Advanced Microsoft Excel knowledge including advanced skills in VBA programming. Proficiency in other programming languages desirable.
• Strong risk management mindset.
• Seek innovative solutions to problems as they arise, implementing new processes and system developments.