Managing portfolio management of ETFs focusing on physical equity index portfolios and/or synthetic swap-based portfolios
Monitoring exposures, tracking and risk of physical equity and/or synthetic ETFs
Monitoring Fund performance, NAV reconciliation and attribution
Preparing rebalances calculations and providing index change analysis
Trading underlying physical equity, swaps, execute orders and liaise with brokers
Ensuring appropriate trade execution and settlements with Authorized Participants
Building bespoke tools for portfolio management, including daily analysis, risk monitoring, order execution. Improving existing solutions with aims to increase reliability and scalability in response to demands of the growing platform
Providing ad hoc support to Sales and answer specific client queries with regards to Portfolio Management. Assisting Sales with RFPs and providing fund specific data and commentary where required
Who we're looking for:
Previous experience required in managing physical equity index portfolios and/or synthetic swap-based portfolios
Advanced Excel user (VBA preferred) and knowledge of Bloomberg
Educated to degree level, Further qualifications (IMC,CFA,CAIA)
An understanding of how indices work and are calculated
An understanding of how ETFs are traded across the primary/secondary market
An understanding of ETF's and the various replication models by which they carry out their investment objective from synthetic to physical replication
An understanding of UCITS regulations and guidance notes with respect to the management of the assets of ETF funds
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
Generous pension contribution
Life assurance
Healthcare Plan (permanent employees only)
At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holiday
Competitive family leave
Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
There are many discounts we offer - both for our own products and at a range of high street stores and online
We're creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.
It doesn't matter if you don't meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Benefits
Health insuranceFlexible scheduleEquity / stock optionsPerformance bonus
Additional Information
We're looking to hire an ETF Portfolio Manager to join L&G Asset Management.
In this pivotal role you'll be responsible for day to day investment management duties of the ETFs, ensuring all ETFs perform in line with their investment objectives. You'll maintain compliance with UCITS and regulatory standards and drive the development of portfolio management and operational processes.
You'll also play a key role in analysing and monitoring risk, tracking and exposures of physical equity index funds and/or synthetic funds, and liaising with ETF Capital Markets, Sales, and Distribution teams where required.
Legalandgeneral · London, UK