Equity Portfolio Manager/Engineer – ETFs/Index Investing

DWS Group; Greater London; Hybrid; GBP 70,000 - 90,000; Full time

Benefits offered by this job

30 days’ holiday

Non-contributory pension scheme, up to 10%

Private Medical Cover

Family friendly benefits

Job summary

DWS Group is seeking an Equity Portfolio Manager/Engineer to join their team in London. This role involves managing index equity portfolios and working closely with trading desks to define optimal execution strategies. Candidates should have strong financial product knowledge, experience in portfolio management or trading, and proficiency with analytical tools like Python and Excel. DWS promotes a diverse and inclusive workplace with comprehensive benefits, including a hybrid working model and well-being initiatives.

Qualifications

• Strong financial product knowledge across Equities, Fixed Income or Commodities.
• Experience in Portfolio Management or Trading with knowledge around portfolio construction.
• Strong quantitative and analytical skills including Python, VBA, and Excel.

Responsibilities

• Daily management of index equity portfolios via portfolio construction and trade implementation.
• Support management of client flows efficiently.
• Manage investment and risk exposures while determining optimal hedging strategies.

Skills

Financial product knowledge across Equities, Fixed Income or Commodities

Experience in Portfolio Management or Trading

Knowledge of index methodologies

Quantitative/analytical skills including Python, VBA, Excel

Understanding of rebalance trading strategies

Proficiency in Microsoft Office Applications

Capable with Bloomberg, Reuters, Factset

Education

Bachelor’s degree or equivalent

Job description

Title: Equity Portfolio Manager/Engineer – ETFs/Index Investing

Location: London

About DWS

Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.

Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.

We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.

As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.

This is your chance to invest in your future.

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.

As an Equity Portfolio Manager you will (be):

• 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
• 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 sand 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.

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.

Some business groups may need you to spend more time in the office, but this will be discussed and made clear as part of your application and interview process. We will continue to review and evolve our working environments and methods to ensure that we are working in the best way possible for our people.

If you require any adjustments or changes to be made to the interview process for any reason including, or related to a disability or long-term health condition, then please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview, or providing assistance when at the DWS office. This will not affect your application and your recruitment team will discuss options with you.

Our commitment to equal employment opportunity

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. DWS is an equal opportunities employer and we welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations. We are committed to providing a working environment free from harassment, discrimination and retaliation.