Join to apply for the Portfolio Manager role at Betashares .
Betashares aims to become the leading customer-focused financial services brand in Australia. To advance this objective, we continually look to enhance our Managed Funds and investment portfolio options.
This role will play a pivotal part in driving the growth and management of our multi-asset investment strategy.
The Portfolio Manager Multi Asset Funds – Superannuation position supports the Head of Multi Asset Investments – Superannuation and CIO by providing input into the investment strategy, investment selection, and Strategic and Tactical Asset Allocation process.
Using capital markets research, you will identify tactical asset allocation trades with the aim of generating outperformance over agreed timeframes. This includes managing the risk to ensure exposure, tracking error and liquidity is consistent with stated limits. You will also be responsible for the review and identification of investment managers and strategies.
Role Responsibilities
* Responsible for the performance of all investment options against stated investment objectives.
* Conduct financial market and economic research to generate capital market assumptions as input for formulating Strategic and Tactical Asset Allocation.
* Develop and maintain research process to implement tactical asset allocation decisions.
* Formulate the investment strategy for each investment option.
* Identify investment ideas and set appropriate position sizes for the Tactical Asset Allocation to outperform Strategic Asset Allocation benchmarks over agreed timeframes.
* Conduct portfolio investment risk analysis, including aggregated sector, factor and geographic exposures, stress testing and scenario analysis.
* Monitor portfolios on ongoing basis, ensuring compliance with stated mandates and risk limits.
* Manage the trade execution of approved holdings, adhering to internal compliance policies and best execution practices.
* Manage liquidity to ensure all redemption and applications are funded or invested.
* Propose external investment managers for addition or deletion.
* Ensure due diligence for external manager approval is appropriately conducted.
* Prepare investment performance reporting against performance benchmarks, peers, rating groups, and regulatory requirements.
* Provide regular and ad hoc investment commentary and presentations to internal investment committees or board.
* Attend and present at investment committee meetings by request.
* Conduct due diligence of external managers giving consideration to investment styles, investment processes, correlation of returns, fee budgets and active risk/return budgets.
* Ensure all manager annual reviews are conducted, including regular site visits and that ongoing monitoring is in place to mitigate unanticipated negative performance.
* Work closely with the internal stakeholders to ensure the investment options are appropriately reflected in sales collateral.
* Support sales and marketing efforts including investment commentary, sales pitches, training and conference/webinar presentations on the investment process and performance.
* Manage relationships and conduct reviews with the Ratings Houses with the objective of achieving recommended or above ratings.
* Develop a culture of teamwork and collaboration.
Skills & Experience
* Highly analytical with strong numerical calculation and reasoning skills.
* Strong presentation and written skills.
* Expert financial math, MS Excel and financial modelling skills.
* Advanced Bloomberg.
* Deep financial markets knowledge of various asset classes and their relationships.
* Strong knowledge of in trading listed stock and derivative markets.
* Flexible thinking – strong adaptive decision making.
* Expert knowledge of the regulatory performance reporting framework and obligations.
* A track record and experience in managing an active asset allocation and multi-asset class portfolios (preferably having an Australian research house ratings issued over your fund).
* Experience in formulation and implementation of investment strategies across risk profiles and for retirement.
* Experience with Strategic and Tactical Asset Allocation processes.
* Experience in researching and selecting active managers, include factor style identification and management.
Why Join Us?
* Career Development – Access tailored training and support for professional qualifications.
* Wellbeing Support – Benefit from EAP programs for your physical, mental and financial health.
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