Director, Currency Portfolio Manager

BNY Mellon; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading global financial services company is seeking a Currency Portfolio Manager to implement currency strategies and manage assets in London. In this role, you will contribute to investment decisions and projects while ensuring alignment with client's financial goals. A strong background in Economics or Finance, with excellent quantitative and coding skills, is required. Join a company recognized for its innovation and commitment to a diverse workforce.

Benefits

Highly competitive compensation

Generous paid leaves

Wellbeing programs

Qualifications

• Economics, Finance, Maths, or Engineering background ideally.
• Good quantitative skills; solid coding skills are preferable.

Responsibilities

• Implement currency strategies across flagship funds and PnL generation.
• Contribute to macro debate and currency allocations.
• Enhance currency framework and FX models.

Skills

Quantitative skills

Coding skills

Knowledge of options structures

Education

Bachelor’s degree or equivalent

Advanced/graduate degree preferred

Job description

Overview

Director, Currency Portfolio Manager

At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.

Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.

About Newton

Newton is a global investment management firm owned by BNY, with offices in London, New York, Boston, San Francisco and Tokyo. It provides investment services to institutional clients, including US and global pension funds, sovereign wealth funds, central banks, endowments, foundations, insurance companies, registered mutual funds, other pooled investment vehicles and other institutions, and, via BNY, to individuals. Newton uses an active, multidimensional and engaged approach in striving to deliver attractive outcomes to those clients.

Newton focuses on four key areas:

• Active Equities – Conviction-based, including global equity, small-cap, regional and thematic capabilities
• Income – Equity, fixed income and multi-asset
• Absolute Return– Fixed-income and multi-asset
• Multi-Asset Solutions – Systematic, outcome-orientated, relative balanced, bespoke and building blocks

Role and location

We’re seeking a future team member for the role of Currency Portfolio Manager to join our Fixed Income team. This role is located in London.

Role impact

In this role, you’ll make an impact in the following ways:

• Implementing currency strategies across all flagship funds and PnL generation.
• Suggesting and contributing to macro debate and more specific to currency allocations with other senior investors of the team contributing to return objectives of clients and teams desired risk exposures.
• Enhance currency framework and add to existing FX models. Develop efficient structures to implement currency views, including options.
• Managing assets independently within investment policy guidelines to achieve investment objectives.
• Implementing investment strategies consistent with client financial goals and risk tolerance and in accordance with the investment policies/philosophies and procedures and applicable regulations.
• Working with research, strategy team members and other members of the portfolio teams.
• Meeting with clients and new business prospects to communicate investment strategy, discuss market performance, and current market conditions.
• Serving on the asset allocation committee.
• Supporting investment discussions at Newton and BNY.
• Making informed decisions on changes that impact the portfolio.
• Independently implementing investment strategies for more complex funds/strategies consistent with client financial goals and risk tolerance and in accordance with the investment policies/philosophies and procedures and applicable regulations.
• Evaluating the performance of investments and making timely changes to a portfolio to meet investment objectives or allocation guidelines.

Qualifications

• Economics/Finance/Maths/Engineering background ideally.
• Good quantitative skills; solid coding skills are preferable.
• Knowledge of options structures and strategies.
• Bachelor’s degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.

Culture and awards

At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom. BNY LinkedIn.

Awards

• America’s Most Innovative Companies, Fortune, 2025
• World’s Most Admired Companies, Fortune 2025
• “Most Just Companies”, Just Capital and CNBC, 2025

Benefits and equal opportunity

Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.