DWS Group (DWS) is one of the world's leading asset managers with Euro 833bn of assets under management (as of 30 September 2022). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be recognised by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
The Passive Portfolio Management Team at DWS manages the full range of X-trackers across Equity and Fixed Income Exchange Traded Funds, as well as Segregated mandates, covering a wide range or index providers and array of benchmark types from multiple ESG flavours to Thematics. DWS has a global and integrated investment platform with a strong footprint globally. With presence on the ground in 17 locations, we cover the most important financial markets in the world. Our investment platform employs approximately 900 investment professionals (excluding product specialists), covering both the most important financial markets and regions, and the most important asset classes. You will play a key role as Portfolio Engineer within the team.
What we'll offer you
A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That's why we are committed to providing an environment with your development and wellbeing at its centre.
You can expect:
Competitive salary and non-contributory pension
30 days' holiday plus bank holidays, with the option to purchase additional days
Life Assurance and Private Healthcare for you and your family
A range of flexible benefits including Retail Discounts, a Bike4Work scheme and Gym benefits
The opportunity to support a wide-ranging CSR programme + 2 days' volunteering leave per year
Your key Responsibilities
Carrying out daily management of the index equity portfolios via portfolio construction and trade implementation
Supporting the management of client flows efficiently
Managing investment and risk exposures, while determining optimal hedging strategies where applicable
Determining optimal portfolio strategy to minimize tracking error to index, to ensure trading accuracy across corporate actions and cash flows
Working closely with trading desks to determine optimal execution strategies
Contributing to new and existing product development processes along with senior team members
Overseeing the Net Asset Value, Portfolio Composition File reconciliations and performance attribution analysis
Your skills and experience
Strong financial product knowledge across either Equities, Fixed Income or Commodities with exposure to Index, Synthetic, Delta-one or Derivative instruments
Sound experience from either a Portfolio Management, Trading, Index Research background, with knowledge around portfolio construction, performance & attribution, and related ETF servicing
Knowledge of index methodologies from key providers including FTSE, S&P, MSCI etc
Strong quantitative/analytical skills including such as Python, VBA and Excel are highly beneficial
An understanding of rebalance trading strategies
Proficiency in all Microsoft Office Applications and capability using Bloomberg, Reuters, Factset, Aladdin and optimisation systems like Barra BPM, Bloomberg Portfolio Management
Educated to Bachelor's degree level or equivalent qualification/relevant work experience
How we'll support you
Training and development to help you excel in your career
Flexible working to assist you balance your personal priorities
Our values define the working environment we strive to create - diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click here to find out more about our diversity and inclusion policy and initiatives.