Portfolio Analyst at Davy

Davy; Dublin; Hybrid; EUR 80,000 - 110,000; Full time

Benefits offered by this job

Health and Wellbeing

Hybrid working model

Performance bonus

Job summary

Davy in Ireland seeks a Portfolio Manager to oversee discretionary client portfolios, performing rigorous portfolio analysis, and communicating drivers of performance to stakeholders.

The role collaborates with senior teams to ensure funds align with strategic goals, while adhering to risk and compliance frameworks and contributing to process improvements within the Portfolio Management Group.

Qualifications

• Degree in business, mathematics, finance, accounting or engineering.
• Excellent analytical and quantitative abilities.
• Strong communication and presentation skills.

Responsibilities

• Manage discretionary client portfolios with guidance from the Investment Committee.
• Perform portfolio analysis focusing on asset allocation, performance and risk drift.
• Monitor and report performance and risk against internal/external benchmarks.
• Collaborate with Investment Strategy and Selection teams to ensure core portfolios meet goals.

Job description

About us

At Davy, it’s the unique talents of all our people that have been the foundations of our success for 100 years. As we continue to grow, so do you. Because you are not just part of our team – you are a key player in shaping our future. At Davy, you are the difference. Established in 1926, the Davy Group sits at the heart of wealth and capital in Ireland, providing a broad range of services to high-net-worth individuals, self-directed investors, small-to-medium enterprises, credit unions, corporations, and domestic & international institutional investors. Our culture is shaped around three values, which are at the heart of everything we do: client success, one Davy, and building a proud legacy. Sharing the same goals, we work together to deliver exceptional outcomes for our clients. As part of a team of over 900, you will be encouraged to learn and to grow, both professionally and personally.

About the role

• Be responsible for the management of discretionary client portfolios in conjunction with agreed client mandate and Investment Committee guidance.
• Conduct significant client portfolio analysis with a strong focus on asset allocation, performance and risk drift.
• Work with the senior members on monitoring and reporting of performance and risk of funds and portfolios managed by Davy to internal and external benchmarks;
• Analyse and effectively communicate the drivers of this performance to the different stakeholders including client advisors.
• Support the Investment Committee’s evaluations and decisions with adhoc investment analysis related to the current or prospective products.
• Act as a point of contact between the team and Client Advisers on all investment issues.
• Work closely with the Investment Strategy & Investment Selection teams to ensure that core portfolios deliver on their goals.
• Work closely with senior members of the Portfolio Management Group on various projects.
• Work with IS to drive efficiencies in processes.
• Comply with the Risk and Compliance frameworks, policies and procedures associated with the role.

The position set out above is defined in the Fitness & Probity Standards issued by the Central Bank of Ireland as a “Controlled Function (CF)”. In compliance with the Fitness and Probity Standards applicable to your position, any offer of employment is conditional upon you demonstrating that you meet the Fitness & Probity Standards.

Requirements

• Relevant 3rd level Degree or Masters in business/mathematics/finance/accountancy or engineering;
• 3-5 years of relevant experience;
• Experience of quantitative research, performance measurement, performance attribution and ex-ante/ex-post risk will be preferred;
• APA Savings and Investments qualification or equivalent is desirable; Working towards Chartered Financial Analyst (CFA) designation or equivalent professional qualification;
• Excellent information technology capability, including a high level of proficiency in Microsoft Office products (particularly Excel, Outlook, Word, PowerPoint);
• Working knowledge of scripted/programming languages (eg, Python and SQL) essential;
• Excellent analytical, problem-solving and quantitative skills;
• Demonstrable interest and understanding of financial markets and main asset classes;
• Strong communication and presentation skills; verbal and written;
• High level of accuracy with strong attention to detail.

Benefits

• Health and Wellbeing: psychological safety, emotional wellbeing and support are a priority at Davy. We offer an Employee Assistance Programme (EAP) and mental health first aid. Our Sports & Social teams promote physical wellbeing and social connection.
• Reward and Recognition: a competitive remuneration package to include salary, bonus, pension and a host of additional benefits to protect you and your family when it matters most.
• Growth and Development: a comprehensive range of professional and personal development opportunities supported by a culture that encourages learning.
• Positive Workplace: inclusive, diverse, offering everyone a sense of belonging and flexible hybrid working model.

Values and Culture

Exceptional client outcomes delivered by a world class team, underpinned by our core Davy values – One Team, Client Success, and Proud Legacy.

Important Information

Davy is an equal opportunities employer, committed to fostering an inclusive and diverse workplace.

We value diversity in both background and experience, and even if you don’t meet all of the requirements outlined in the job description, we still encourage you to apply.

We review all applications received.

If you require any reasonable accommodations, please let us know, and we will do our best to make the necessary arrangements.

The position set out above is defined in the Fitness & Probity Standards issued by the Central Bank of Ireland (“Fitness & Probity Standards”) as a “Controlled Function (CF)”, namely CF3, CF4 and CF10. The role is also subject to the Minimum Competency Code.

In compliance with the Fitness and Probity Standards, any offer of employment is conditional upon you demonstrating that you meet the Standards.

Appointment to this role is subject to the candidate's eligibility to work in Ireland.

Where agency assistance is required, our Recruitment Team will engage directly with suppliers.

Davy Group is a member of the Bank of Ireland Group.