Portfolio Manager, Derivatives

Employer
AIA Singapore Private Limited
Location
Singapore, Singapore
Salary
Competitive
Posted
Feb 25, 2021
Closes
Mar 11, 2021
Ref
10397061
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Bring your career aspirations to life with AIA!
In a complex environment of regulatory evolutions, changing markets regimes and regular innovation in insurance products, the usage of Derivatives is expected to grow significantly across AIA Group in the near term.

The Derivatives Centre of Excellence is a recently established centralized Group function hosted by AIA Investment Management Pte Ltd in Singapore, with the objective of enhancing the risk and capital adjusted returns for AIA's stakeholders and policy holders through an efficient and risk-managed usage of Derivatives.

This vision is fulfilled through the definition of the Derivatives infrastructure strategic roadmap, the provision of expert advice to all Business Units and Group entities, and more recently the direct and active management of Derivatives overlay portfolios.

The incumbent will be responsible for managing derivatives portfolios outsourced by BUs to AIA IM and advise all Group Business and BUs on the design and management of their Derivatives Strategies, with the primary objective of optimizing the risk-return profile of such strategies under constraints, blending a proper perspective on markets and an effective and disciplined risk management approach.

Job Description
  • Manage totally or successfully (i.e. vs mandate benchmark and/or key risk metrics) linear and non-linear derivatives portfolios, across asset classes, following a rigorous investment process based on a deep understanding of macro and markets environments and a disciplined risk management approach. Strategies run can be asset or liability driven.
  • Manage efficiently cash and securities collateral requirements ancillary to managed derivatives portfolios.
  • Provide expert advice to AIA BUs and Group functions to design and optimize their derivatives strategies, leveraging on a deep understanding of relative economic value, liquidity, and geographical nuances of different instruments. Help stakeholders to define, model and quantify the objectives of such derivative strategies and suggest and similarly quantify alternatives for decision makers on such trades.
  • Support the development of the Derivatives and collateral infrastructure, in particular analytics and portfolio management tools and governance structure.
  • Performs other responsibilities and duties periodically assigned by supervisor in order to meet operational and/or other requirements

Job Requirements
  • Minimum Bachelor's in finance or in a quantitative field (Mathematics, Engineering, computational finance...). Masters preferred but non-essential.
  • CFA/FRM, CFMAS (Modules 3, 5, 6, 6A) preferred but nonessential.
  • Minimum of 7 years' experience of managing linear and non-linear Derivatives portfolios (cross-asset preferred), either in a bank or an asset management company, is required.
  • Experience in collateral management and optimization, and funding markets (repo, securities lending) a plus.
  • Experience of working with LDI strategies a plus.
  • Experience in systematic/quant driven strategies a plus.
  • ALM/Actuarial sciences knowledge a plus but non-essential.
  • Good interpersonal skills: credible communicator, with good verbal and written communication skills. Team player and able to communicate in a diverse culture environment.
  • Intellectually curious, details oriented, analytical thinker, proactive and delivery focused. Trustworthy and reliable.

Build a career with us as we help our customers and the community live healthier, longer, better lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.

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