Operation Specialist (Assistant Portfolio Manager - Passive)

About DWS

DWS, publicly listed asset management division of Deutsche Bank, is one of the world's leading investment management organizations with over €900 billion of assets under management. DWS provides flexible products and solutions to a wide range of investment opportunities across all asset classes – from pooled funds to highly customized portfolios for a wide range of investors and offers individuals and institutions traditional and alternative investments across all major asset classes.  DWS’s Passive Asset Management division has assets under management of over € 250 billion globally across a range of products – Exchange Traded Funds (ETFs), Exchange Traded Commodities (ETCs), Systematic Funds, Institutional Mandates, Certificates and Warrants. DWS Passive products are distributed under Xtrackers brand.

Role Description:

The Portfolio Analyst supports the Portfolio Manager in monitoring portfolio performance, signing off NAV and producing other analysis.  By applying excellent financial and analytical skills they work with complex databases and quantitative tools to assess, reconcile and attribute portfolio performance.  The Portfolio Analyst ensures Portfolio performance is transparent to key stakeholders and monitors adherence to the appropriate governance guidelines, including any regulatory/legal restrictions that may impact the portfolio.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy:

• Best in class leave policy.
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your Key Responsibilities:

• Work closely with the European and US Passive Portfolio Management team.
• Responsible for stakeholder expectations.
• Monitor index changes and corporate actions and portfolio cash flow analysis.
• Calculate Net Asset Value (NAV) and Portfolio Composition File (PCF) reconciliations.
• Analyze performance and production of performance attribution on a regular basis.
• Control risk exposure
• Interactions with external third parties (Index providers, Valuation agent, Custodian...) and internal department (Middle Office, Risk, Compliance...)

Your Skills and Experience:

• Post-graduate or international equivalent experience, a CFA qualification would be an advantage.
• Prior relevant work experience of up to 4 years.
• Good knowledge/ previous work experience in Equity / Fixed income assistant portfolio management role.
• Basic knowledge of Equity / Fixed instruments and derivatives.
• Proficient in Microsoft Office, Bloomberg, and Reuters.
• Engineering/mathematical or banking /financial/economic literacy.
• Experience of Visual Basic for Applications (VBA).

Personal Characteristics:

• Highly motivated and self-sufficient, with a strong willingness to learn and take on new challenges.
• Superior communication skills (written and verbal) with strict attention to detail.
• High level of comfort in dealing with different levels of management.
• Diligent, efficient and able to manage multiple conflicting deliverables including working under pressure.
• Comfortable in a technical environment and with the general mathematical concepts of finance.

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs