Job Purpose:
- The Assistant Portfolio Manager will primarily be responsible for the day-today management and support of VanEck Vectors Equity ETFs
- The ability to manage a wide range of portfolios in a high volume, time sensitive environment is critical
Your Responsibilities:
- Support the assigned portfolios and perform daily portfolio management tasks to meet or exceed performance standards consistent with fund’s investment objectives while adhering to client-specified or regulatory restrictions and constraints
- Execute rebalance trades and cash trades based on ETF inflows and outflows
- Manage and approve ETF orders
- Develop trading baskets to facilitate daily order trades
- Construct and manage trading calendar
- Create and research projections for rebalances/corporate action changes in the underlying benchmark indices
- Support the on-boarding process for new funds and portfolio restructurings
- Coordinate internally with capital markets and product management
- Establish and maintain a range of market contacts, including brokers and market makers, while developing objective evaluation tools to measure execution and portfolio performance
- Provide index research and participate in product development to seek and identify new ideas for broadening ETF product line
- Assist in enhancing portfolio management systems/models/processes
- Evaluate new markets to support product launches and addressing portfolio management issues
- Be able to provide Asian and European hour trading coverage at a minimum two days per week
Skills and Qualifications:
- Minimum of 3 years of ETF portfolio management desk experience required
- 5-8 years of experience in the investment industry with a strong understanding of asset management, ETFs market, equity markets, and trading
- Bachelor’s Degree required, MBA a plus
- CFA designation (or progress towards CFA designation) is preferred but not required
- Strong quantitative analytical skills, including knowledge of optimization and risk models
- Understanding of index provider methodologies and index changes
- Excellent analytical and problem solving skills coupled with a strong attention to detail
- Ability to make quick decisions, establish priorities and concentrate on detailed information under time sensitive conditions
- Strong cross-functional collaboration skills required as this position will work across multiple teams within the firm
- Detail oriented and well organized
- Self-starter who takes ownership, is motivated, and enthusiastic
- Team player who possess positive attitude towards work
- Strong verbal and written communication skills
- High proficiency in Excel & Bloomberg, SQL & VBA programming.
In order to be considered for this position, send resume to careers@vaneck.com with the subject line “ETF Portfolio Manager”.