Portfolio Manager (KIP for ETF)

uSMART Securities Limited; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

uSMART Securities Limited is seeking a Portfolio Manager (KIP for ETF) in Hong Kong to lead day-to-day ETF and public fund investment activities, including decision-making, portfolio construction, trade execution and rebalancing.

The role involves acting or being nominated as Key Investment Personnel (KIP), coordinating with Compliance and other functions, and working to enhance the Type 9 license for public funds and ETFs, with English and Chinese communication.

Qualifications

• Bachelor's degree or above in Finance, Economics, Accounting, Mathematics, Statistics or another relevant discipline.
• At least five years of hands-on investment management experience directly managing publicly offered ETFs or comparable exchange-traded funds.
• A demonstrable track record in ETF portfolio management, including portfolio construction, index replication, rebalancing and risk management.
• Strong knowledge of daily ETF operations, including PCF, creations and redemptions, index rebalancing, tracking error, valuation and reconciliation.
• Good knowledge of SFC requirements relating to Type 9 regulated activity, public funds and ETFs.
• Current approval as Type 9 Responsible Officer, or relevant qualifications and experience to be approved as a Type 9 Responsible Officer and public fund KIP, is preferred.
• Prior involvement in a Type 9 license enhance, public fund authorization application or ETF launch is preferred.
• Strong investment judgement, risk awareness, communication and cross-functional collaboration skills.
• Good written and spoken English and Chinese.

Responsibilities

• Assist the company in enhancing or varying the scope of its existing Type 9 license to manage SFC-authorised public funds and ETFs
• Assist in preparing licensing submissions, business plans, policies, procedures and supporting materials, and respond to enquiries from the SFC
• Act or be nominated as Key Investment Personnel (KIP) for the company's public fund and ETF business
• Manage the day-to-day investment activities of ETFs and public funds, including investment decisions, portfolio construction, trade execution and rebalancing
• Monitor fund performance, index tracking, tracking error, liquidity, investment restrictions and other key risks
• Oversee daily ETF operations, including creations and redemptions, PCF, corporate actions, valuation, position and cash reconciliation
• Work with Compliance, Risk, Operations, Product, Information Technology and external service providers to establish and enhance the public fund management platform

Education

Bachelor's degree in Finance, Economics, Accounting, Mathematics, Statistics or another relevant discipline

Job description

Portfolio Manager (KIP for ETF) responsible for managing the day-to-day investment activities of ETFs and public funds, including investment decisions, portfolio construction, trade execution and rebalancing. The role involves acting or being nominated as Key Investment Personnel (KIP) for the company's public fund and ETF business, assisting in enhancing or varying the scope of the company's existing Type 9 license to manage SFC-authorised public funds and ETFs.

Job Responsibilities

Assist the company in enhancing or varying the scope of its existing Type 9 license to manage SFC-authorised public funds and ETFs

Assist in preparing licensing submissions, business plans, policies, procedures and supporting materials, and respond to enquiries from the SFC

Act or be nominated as Key Investment Personnel (KIP) for the company's public fund and ETF business

Manage the day-to-day investment activities of ETFs and public funds, including investment decisions, portfolio construction, trade execution and rebalancing

Monitor fund performance, index tracking, tracking error, liquidity, investment restrictions and other key risks

Oversee daily ETF operations, including creations and redemptions, PCF, corporate actions, valuation, position and cash reconciliation

Work with Compliance, Risk, Operations, Product, Information Technology and external service providers to establish and enhance the public fund management platform

Job Requirements:

Bachelor's degree or above in Finance, Economics, Accounting, Mathematics, Statistics or another relevant discipline

At least five years of hands-on investment management experience directly managing publicly offered ETFs or comparable exchange-traded funds

A demonstrable track record in ETF portfolio management, including portfolio construction, index replication, rebalancing and risk management

Strong knowledge of daily ETF operations, including PCF, creations and redemptions, index rebalancing, tracking error, valuation and reconciliation

Good knowledge of SFC requirements relating to Type 9 regulated activity, public funds and ETFs

Current approval as Type 9 Responsible Officer, or relevant qualifications and experience to be approved as a Type 9 Responsible Officer and public fund KIP, is preferred

Prior involvement in a Type 9 license enhance, public fund authorization application or ETF launch is preferred

Strong investment judgement, risk awareness, communication and cross-functional collaboration skills

Good written and spoken English and Chinese

uSMART Securities is a new generation of Internet brokers in Hong Kong that provides investors with simple, professional and low-cost global investment services through technological innovation and artificial intelligence technology.

uSMART Securities (CE no. BJA907) is licensed under The Securities and Futures Ordinance (Chapter 571), and allowed to carry on Type 1, Type 2,Type 4，Type 5, Type 6,and Type 9 regulated activities. We are committed to complying with Financial Services Compliance to safeguard investor asset and to provide excellent service.

uSMART Securities is a new generation of Internet brokers in Hong Kong that provides investors with simple, professional and low-cost global investment services through technological innovation and artificial intelligence technology.

uSMART Securities (CE no. BJA907) is licensed under The Securities and Futures Ordinance (Chapter 571), and allowed to carry on Type 1, Type 2,Type 4，Type 5, Type 6,and Type 9 regulated activities. We are committed to complying with Financial Services Compliance to safeguard investor asset and to provide excellent service.