At a Glance
- Tasks: Manage ETF portfolios, ensuring they meet investment objectives and compliance standards.
- Company: Join a leading asset management firm with a focus on innovation and sustainability.
- Benefits: Enjoy competitive salary, performance bonuses, healthcare, and generous holiday options.
- Other info: Be part of a dynamic team with opportunities for career growth and development.
- Why this job: Make a real impact in the finance world while working with cutting-edge investment strategies.
- Qualifications: Experience in managing equity index portfolios and advanced Excel skills required.
The predicted salary is between 60000 - 80000 £ per year.
We’re looking to hire an ETF Portfolio Manager to join L&G Asset Management. In this pivotal role you will be responsible for day‑to‑day investment management duties of the ETFs, ensuring all ETFs perform in line with their investment objectives. You’ll maintain compliance with UCITS and regulatory standards and drive the development of portfolio management and operational processes. You’ll also play a key role in analysing and monitoring risk, tracking and exposures of physical equity index funds and/or synthetic funds, and liaising with ETF Capital Markets, Sales, and Distribution teams where required.
What you’ll be doing:
- Managing portfolio management of ETFs focusing on physical equity index portfolios and/or synthetic swap‑based portfolios
- Monitoring exposures, tracking and risk of physical equity and/or synthetic ETFs
- Monitoring Fund performance, NAV reconciliation and attribution
- Preparing rebalances calculations and providing index change analysis
- Trading underlying physical equity, swaps, execute orders and liaise with brokers
- Ensuring appropriate trade execution and settlements with Authorized Participants
- Building bespoke tools for portfolio management, including daily analysis, risk monitoring, order execution and improving existing solutions with aims to increase reliability and scalability in response to demands of the growing platform
- Providing ad hoc support to Sales and answer specific client queries with regards to Portfolio Management. Assisting Sales with RFPs and providing fund specific data and commentary where required
Who we’re looking for:
- Previous experience required in managing physical equity index portfolios and/or synthetic swap‑based portfolios
- Advanced Excel user (VBA preferred) and knowledge of Bloomberg
- Educated to degree level, Further qualifications (IMC,CFA,CAIA)
- An understanding of how indices work and are calculated
- An understanding of how ETFs are traded across the primary/secondary market
- An understanding of ETF’s and the various replication models by which they carry out their investment objective from synthetic to physical replication
- An understanding of UCITS regulations and guidance notes with respect to the management of the assets of ETF funds
Benefits:
- The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes
- Life assurance
- Healthcare Plan (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice (permanent employees only)
- There are many discounts we offer – both for our own products and at a range of high street stores and online
- We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
ETF Portfolio Manager employer: LegalAndGeneral
At L&G Asset Management, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. As an ETF Portfolio Manager in our London office, you'll benefit from competitive remuneration, comprehensive healthcare plans, and generous holiday allowances, alongside opportunities for professional growth through performance-related bonuses and valuable share schemes. Our commitment to sustainability and creating net-zero carbon workplaces by 2030 further enhances the rewarding experience of working with us, making it an ideal environment for those seeking meaningful employment.
StudySmarter Expert Advice🤫
We think this is how you could land ETF Portfolio Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like LegalAndGeneral. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace ETF Portfolio Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to LegalAndGeneral.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on LegalAndGeneral's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at LegalAndGeneral
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with LegalAndGeneral.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at LegalAndGeneral will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former LegalAndGeneral employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
