Portfolio Manager/Engineer – Equity/ ETFs/Index Investing

Deutsche Bank; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

A leading global firm seeks an Equity Portfolio Manager/Engineer specializing in ETFs and Index Investing. The role involves managing equity portfolios, executing trades, and developing risk strategies. Candidates should possess strong financial product knowledge, with opportunities for career development in a diverse and inclusive environment.

Benefits

30 days’ holiday

Pension schemes

Health benefits

Family-friendly policies

CSR activities

Qualifications

• Strong knowledge in Equities, Fixed Income, or Commodities required.
• Experience in Portfolio Management or Trading with insights into ETFs desirable.
• Understanding of index methodologies from FTSE, S&P, MSCI is critical.

Responsibilities

• Manage daily index equity portfolios including construction and trade execution.
• Develop hedging strategies and optimize portfolio strategies to minimize tracking error.
• Collaborate with trading desks for execution and contribute to product development.

Skills

Financial product knowledge

Portfolio construction

Risk management strategies

Performance attribution

Education

Bachelor’s degree or equivalent experience

Tools

Python

VBA

Excel

Bloomberg

Reuters

Factset

Aladdin

Job description

Employer: DWS Group

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

Location: London

Job Code: #LI-MF1 #LI-03

About DWS:

Today, markets face a new set of pressures but also numerous opportunities for innovation, responsible investing, and change.

Join DWS, a leading global firm, to shape the future of investing, support communities and the environment, and develop your career with industry thought leaders.

Our role is to find investment solutions that secure our clients’ financial futures, providing support and a platform for skill development and impact.

Team / Division Overview:

The Passive Portfolio Management Team manages X-trackers ETFs and mandates across Equity and Fixed Income, with a global presence in 17 locations and approximately 900 professionals.

Role Details:

As an Equity Portfolio Manager, you will:

1. Manage daily index equity portfolios, including construction and trade execution.
2. Support client flows efficiently.
3. Manage investment and risk exposures, and develop hedging strategies.
4. Optimize portfolio strategies to minimize tracking error and ensure accurate trading during corporate actions and cash flows.
5. Participate in projects to improve efficiency and automation.
6. Collaborate with trading desks for optimal execution.
7. Contribute to product development.
8. Oversee NAV, portfolio reconciliation, and performance analysis.

Candidate Requirements:

1. Strong financial product knowledge in Equities, Fixed Income, or Commodities, with exposure to ETFs or derivatives.
2. Experience in Portfolio Management, Trading, or Index Research, with skills in portfolio construction, performance attribution, and ETF servicing.
3. Knowledge of index methodologies from providers like FTSE, S&P, MSCI.
4. Proficiency in Python, VBA, Excel, and familiarity with Bloomberg, Reuters, Factset, Aladdin, and optimization systems.
5. Understanding of rebalance trading strategies.
6. Bachelor’s degree or equivalent experience.

What We Offer:

At DWS, we value diversity and inclusion, offering benefits such as 30 days’ holiday, pension schemes, health benefits, family-friendly policies, CSR activities, and flexible hybrid working arrangements.

We support adjustments for applicants with disabilities or health conditions during the interview process.