Key Asset Management Role in Sydney
We are seeking a highly skilled Assistant Portfolio Manager to join our team at an International Asset Manager with a significant presence in Australia.
Job Purpose:
* Support the management of assets for all Exchange-Traded Funds (ETFs).
* E nsure ETFs perform in line with their investment objectives and remain within mandated parameters.
* Prepare daily reconciliations between front office systems and official valuations.
* Identify and execute trades necessary for funds to meet their investment objectives, including index changes, cash flows, corporate actions, and currency hedging.
* Monitor capital markets activities.
* Assist with regular fund reporting requirements, including preparation of reports for management, external data vendors, regulators, and service providers.
* Develop front office tools.
* Respond to ad hoc requests for fund information from sales and clients.
* Collaborate and coordinate efforts with portfolio administration, compliance, and other business functions.
Key Accountabilities and Scope:
* Understand the investment process for ETFs from purchase to ongoing asset allocation and management.
* Daily monitoring of fund exposures relative to the underlying index.
* Daily monitoring and analysis of tracking error, identifying and resolving issues.
* Daily sign-off of fund valuations and production of fund composition files.
* Liaise with market makers regarding capital markets activities.
* Provide input into product development from concept to design, index selection, and implementation.
* Monitor service providers to ensure activities align with SLAs.
* Liaise with legal and compliance to ensure activities comply with regulatory frameworks.
Skills and Qualifications Required:
* Educated to degree level or equivalent, e.g. CFA.
* 3-5 years of experience in asset management, index/portfolio trading desk advantageous.
* Excellent technical knowledge of financial products, strong analytical and numerical skills for portfolio management and risk measurements.
* Advanced Microsoft Excel knowledge, including VBA programming expertise. Proficiency in other programming languages desirable.
* Strong risk management mindset.
* Innovative problem-solving skills, implementing new processes and system developments.