ETF Portfolio Manager at LegalAndGeneral

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

10 Sep, 26

Salary

0.0

Posted On

12 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

ETF Portfolio Management, Physical Equity Index Portfolios, Synthetic Swap-Based Portfolios, Advanced Excel, VBA, Bloomberg, UCITS Regulations, Risk Monitoring, NAV Reconciliation, Trade Execution, Index Calculation, Rebalance Calculations, Portfolio Analysis, Order Execution, Client Query Resolution, RFP Support

Industry

Financial Services

Description

Company Description Legal & General (L&G) is a leading UK financial services group and major global investor. We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. Our global asset management business provides our clients and partners with complex, responsible investment solutions, working internationally across public and private markets. Who we are We are one of Europe’s largest asset managers and a major global investor across public and private markets. Asset Management is a critical driver of our Group strategy. The business aims to work synergistically with our Institutional Retirement and Retail divisions to benefit our clients and customers, and deliver enhanced shareholder returns. Our investment philosophy and processes are focused on creating value over the long term. We believe that incorporating financially material sustainability criteria, when relevant to our clients, can create value and drive positive change. Job Description We’re looking to hire an ETF Portfolio Manager to join L&G Asset Management. In this pivotal role you’ll 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. 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 Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes Generous pension contribution 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 Additional Information At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. Permanent/Regular or Fixed Term Contract/Temporary: Permanent (UK and ROW) / Regular (US) L&G Business Unit: Legal & General Investment Management L&G sub Business Unit: LGIM Primary Location: London, One Coleman Street Job Family: Index Funds

Responsibilities

Responsible for the day-to-day investment management of ETFs, ensuring performance aligns with investment objectives and regulatory standards. This includes monitoring risk, executing trades for physical and synthetic portfolios, and developing portfolio management tools.