We are seeking a Portfolio Manager to join our EMEA LDI PM team. The team are responsible for managing derivative and LDI portfolios and providing market input for the LDI team. This role is designed to be primarily EUR focused.
You will work alongside our experienced portfolio managers and in close collaboration with our global team of sovereign and corporate analysts.
How you’ll spend your time…
- Manage assigned portfolios consistent with the investment process, client objectives and regulatory requirements
- Manage and understand investment risk, in line with client and regulatory requirements and ensure that effective risk management and controls are in place
- Construct and monitor portfolios based upon investment policy and investment process
- Use Aladdin for risk management and assist in its development
- Executing OTC derivative transactions with investment banks, trading as applicable in a manner that is in the client’s best interest and consistent with ‘best execution’
- Achieve target investment performance with risk efficiency
- Understand and monitor performance and risk attribution in relation to the implemented investment policy
- Monitor restrictions and triggers in portfolios
- Risk management of pooled fund and segregated mandates – responsible for relevant daily/weekly/monthly oversight and controls
- Developing and expressing market views, analysing opportunities for clients, selecting trading opportunities for delegated mandates
- Reviewing relative value opportunities in particular in Europe between varying government bonds and swaps
- Analysis of current products/mandates and development of new products
- Analysing liabilities and determining appropriate hedge instruments
- Checking/preparing written client communication/commentary/reports
- Verbal presentations to clients and consultants
- Engagement with regulatory developments and changes in particular WTP
- Review of control processes and implement enhancements
- Maintaining relationships with investment banks’ trading desks and other key partners
- Contributing to the development of talent within the PM team and wider business
This role will be based in London
Key Capabilities
To be successful in this role you will have…
Portfolio management experience in Liability Driven Investment or closely related area
Motivation to learn and a desire to succeed.
Strong analytical skills and attention to detail
Highly numerate with problem solving skills
Able to multi-task in a fast-paced world with competing priorities
Good communicator and team player
Experience in a relevant role such as institutional portfolio management, investment consultancy etc.
Desired Capabilities
If you also had this, it would be great…
In-depth knowledge of defined benefit pensions schemes strategy and regulation – primarily UK, Netherlands & Germany
Dutch and/or German speaker
CFA Charterholder
Coding skills e.g. Python & VBA
Experience of Aladdin
A degree in Finance, Maths, Science or Engineering.
About Columbia Threadneedle Investments
Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.
We're intentionally built to help you succeed. Our reach is expansive with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements.
Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base.
We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.
Full-Time/Part-Time
Full time
Worker Sub Type
Permanent
Job Family Group
Investment Management
