Associate Manager, Exposure Management UK

AustralianSuper Pty; Greater London; On-site; GBP 65,000 - 85,000; Full time

Job summary

A leading pension fund in the United Kingdom seeks an Associate Manager for Exposure Management. The role focuses on managing portfolio exposures, analyzing asset and liquidity profiles, and collaborating with various teams for optimal implementation. Ideal candidates will have a relevant degree, strong investment knowledge, and proficiency in quantitative skills, particularly in Python and Excel. This position offers a dynamic work environment committed to inclusivity and diversity.

Benefits

Generous leave

Pension contributions

Health insurance

Blended working environment

Qualifications

• Strong understanding of investment principles, financial markets, and instruments.
• Experience with futures, currency, and derivatives.
• Quantitative skills and modelling strength; Python is an advantage.

Responsibilities

• Model and analyse asset and liquidity profiles to prepare trading recommendations.
• Monitor overlay portfolios versus mandate objectives and recommend actions.
• Manage exposures and risks from transitions and funding activities.

Skills

Strong understanding of investment principles

Excellent communication

Quantitative and modelling strength

Collaboration skills

Attention to detail

Education

Relevant degree/qualifications in Finance, Mathematics, Economics or related field

CFA (or similar) accreditation

Tools

BRS Aladdin

Python

Excel/macros

Job description

Associate Manager, Exposure Management UK

LONDON, LONDON, United Kingdom

Associate Manager Exposure Management Liquidity & Implementation

Play a key role in managing exposures and capital allocation across global portfolios-join our Exposure Management team in Kings Cross, London!

AustralianSuper is the largest pension fund in Australia and the 16th largest in the world by total assets. With over £180bn in assets under management, we are a fast growing fund with a world class investment team. We invest across global financial markets, real assets, private credit, and private equity to deliver sustainable, long term performance for our members.

At AustralianSuper, we truly care about our colleagues. We know work and life are intertwined. That's why we support the diverse needs of everyone and have policies that enable us all to thrive and be truly flexible. We ensure diversity is celebrated for the opportunity it provides us all to learn and grow and deliver better outcomes for members.

Your new role

Reporting to the Senior Manager, Exposure Management, you'll help ensure the Fund's portfolios remain aligned to defined targets through accurate, efficient implementation. Day to day, you will:

• Model and analyse asset and liquidity profiles and prepare trading recommendations to actively rebalance positions.
• Monitor, review and analyse overlay portfolios versus mandate objectives and recommend rebalancing & capital allocation actions.
• Manage exposures and risks arising from transitions and manager funding activities.
• Create trade instructions aligned to mandates.
• Collaborate broadly with Asset Allocation, Asset Class and Cash teams, Dealing, Operations and external managers to optimise implementation efficiency.
• Contribute to tax awareness across Investments by understanding instrument tax treatment and impacts of capital movements.
• Undertake projects and memos on rebalancing strategies, new instruments and self guided research.
• Review and analyse index portfolios.

This role is a regulated position under FCA/SMCR, and is based on site at London King's Cross Estate, one of the core assets of the Fund's global portfolio.

What you'll need:

• Relevant degree/qualifications in Finance, Mathematics, Economics or related field.
• Strong understanding of investment principles, financial markets and instruments-particularly futures, currency and derivatives.
• Excellent communication, stakeholder collaboration and organisation skills; proactive, with outstanding attention to detail.
• Quantitative and modelling strength; Python an advantage. Advanced Excel/macros.
• Willingness to ask questions and speak up; learning focus and contribution to team initiatives.
• Experience with BRS Aladdin is a bonus!
• Good understanding of portfolio construction and capital management principles.
• CFA (or similar) accreditation would be highly desired.

Life at AustralianSuper

Our London and New York offices are home to nearly 300 talented colleagues, with plans to grow significantly. We offer great benefits, including generous leave, pension contributions, health insurance, and a blended working environment. We are committed to inclusivity and diversity, ensuring everyone can thrive.

What's Next

Apply now if you share our values of Energy, Integrity, Generosity of Spirit, and Excellent Outcomes. Join us in a challenging, growing, and rapidly evolving team to deliver outstanding results.

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