ETF/Index Portfolio Engineer (Xtrackers)

About the role

DWS Group is hiring a Portfolio Engineer for its Passive Portfolio Management team, which manages the full range of X-trackers across Equity and Fixed Income ETFs, as well as Segregated mandates, covering many index providers and ESG and thematic benchmarks. The role sits within the team overseeing the X-trackers portfolio.

Key responsibilities

• Manage daily the index equity portfolios through portfolio construction and trade implementation
• Support efficient management of client flows
• Manage investment and risk exposures and determine optimal hedging strategies where applicable
• Determine the optimal portfolio strategy to minimise tracking error to the index, ensuring accurate trading across corporate actions and cash flows
• Work on projects aimed at efficiency, scale and automation of the platform
• Work closely with trading desks on execution strategies
• Contribute to new and existing product development
• Oversee NAV, portfolio composition file reconciliations and performance attribution analysis

Required profile

• Strong financial product knowledge across equities, fixed income or commodities, with exposure to index, synthetic, delta-one or derivative instruments
• Experience in portfolio management, trading or index research, with knowledge of portfolio construction, performance and attribution and ETF servicing
• Bachelor's degree or equivalent qualification or relevant work experience
• Understanding of rebalance trading strategies
• Ability to use AI tools to improve productivity and workflows, with critical judgment on data and AI outputs

Required skills

• Knowledge of index methodologies from providers such as FTSE, S&P and MSCI
• Python, VBA and Excel are highly beneficial
• Proficiency in Microsoft Office applications
• Use of Bloomberg, Reuters, Factset, Aladdin and optimisation systems such as Barra BPM and Bloomberg Portfolio Management

What we offer

• A personalised benefits plan covering healthcare, company perks and retirement planning
• A hybrid working model, with the office-to-home split discussed during the application and interview process