Assistant Portfolio Manager

Job description

Role Title: Assistant Portfolio Manager

Business: Asset Management

New or Existing Role? Existing

Grade: GCB6

Role Purpose

· Support the Fund Managers with designated equity funds (as appropriate) including monitoring investment performance and supporting investment decisions. Achieving target performance in respect of all supported managed index funds

· The role would suit an individual who is looking to make a first step towards a practitioner role within Index & Systematic Equity Fund Management, but currently lacks the required knowledge/skills

· A strong Excel/VBA background to support the Passive Equity investment team, providing investment support on HSBC ETF/Index/Enhanced/Smart Beta/Factor Beta trading, structuring and risk management platforms (tactical & strategic. The individual would not have had extensive practical investment knowledge, but demonstrate the ability to learn and develop quickly in the role.

Key Accountabilities

Impact on Business

· Analysis of index changes & corporate actions identifying opportunities for added value to the investment process

· Assisting fund managers in preparing trading lists according to agreed trading strategies and market characteristics

· Working with support areas to provide a high level of service to clients and fund managers

· Assisting in conducting ad-hoc research, and preparing material for investment reports, as required

· Assisting in participating in research and product development activities, including assisting in the development of quantitative investment products

· Helping to maintain the integrity and increase the efficiency of equity Decision Support Tools (as appropriate)

· Working with the team to manage transition mandates

Customers / Stakeholders

· Support the global equity research team and the global investment teams with external and internal channels

· Leadership & Teamwork

· Be an excellent team player and work alongside Fund Managers in a support role

· Operational Effectiveness & Control

· Be able to work independently and to take initiative

· Be able to work under pressure and meet deadlines

· Support Fund Managers and the head of the team to develop and maintain a research, analytics and risk framework for the team

Observation of Internal Controls

· Maintain and observe HSBC internal control standards, implement and observe Group Compliance Policy, including the timely implementation of recommendations made by internal/external auditors and external regulators. Foster a compliance culture and implement Group Policy by managing compliance risk in liaison with the Head of Group Compliance, Regional Compliance Officer, Area Compliance or Local Compliance Officer, ensuring adequate compliance resources are in place and training is provided, and optimizing relations with regulators

Desired profile

Qualifications :

Knowledge & Experience / Qualifications

·  Graduate intern looking for the next step
·  Good working knowledge within research, trade execution or application of quantitative techniques as a support role
·  Good knowledge and understanding of indexation/Passive on a theatrical basis

· Experience of working effectively within a team

·  A good understanding of Equities, as appropriate

· Good understanding of indices, securities trading

· Excel VBA programming experience, Strong Database SQL skills (desirable), use and understanding of MATLAB

For more information about the relevant additional checks for this role please contact the hiring manager.

We are an equal opportunity employer and are committed to creating a diverse environment.