Index Fund Manager

  • negotiable
  • Dublin, Leinster, Ireland
  • Permanent, Full time
  • Lincoln Recruitment Specialists
  • 21 Nov 17 2017-11-21

Index Fund Manager

Our Client is investment management company within assets of over €65bn. They are now looking to hire an Index Fund Manager to add to their growing Indexation Business.

The Job holder will:

  • Manage an assigned set of index funds within tracking error limits.
  • Raise and instruct orders to match subscription & redemptions on each fund.
  • Analyse index rebalances and expected market impact.  Propose trading strategies to minimise costs.
  • Identify and analyse corporate activity likely to give rise to opportunities to add value.  This involves monitoring media and broker commentary and identifying situations where the index treatment is sub-optimal thereby offering potential to add value for clients.
  • Present to clients on the operations of the Index area, undertaking client site visits to explain the procedures in place for managing the index process

Key responsibilities include:

  • Complying with company rules, guidelines and risk controls in all areas of activity.
  • Manage Investing Funds within tracking error limits while taking advantage of Intelligent Tracking opportunities.
  • Manage in specie transfers of assets into / out of funds.
  • Generate added value for clients by managing index changes, reducing transaction costs and taking optimal decisions on corporate actions within risk budgets.
  • Research & implementation of new products.
  • Implement Modelling and Reporting for Indexed Funds on the firms Order Management System.

The Person:

The successful candidate should be able to demonstrate the following attributes:

  • Ideally proven experience working as an Index Fund Manager or, at a very minimum, proven experience working within Fund Management.
  • A relevant third level qualification, MSc in Investment and Treasury/CFA or an equivalent suitable qualification.
  • Exhibit a high level of numeracy and have good IT capabilities, especially MS Excel. An understanding of market systems such as CRIMS, Factset, Bloomberg and Barra would also be an advantage.
  • Self-motivated and demonstrate an enthusiasm for markets and the investment business.

If you would like to know more please contact me directly on mcostello(@)lincoln.ie or 01 6610444.