Associate FI Portfolio Manager

PowerShares by Invesco is a leading provider of exchange-traded funds (ETFs) globally. Invesco is a global asset management firm with more than $917.5B* in assets under management. We provide our retail and institutional clients a diverse and comprehensive range of investment capabilities to help people get more out of life. Invesco is publicly traded on the New York Stock Exchange (IVZ) and has about 7,000 employees in over 20 countries.
(*As of September 30, 2017)

Job Summary:
The Associate Portfolio Manager will primarily be responsible assisting with the day-to-day management of the PowerShares listed ETFs and supporting a wide range of fixed income portfolios. The ability to cover a wide range of portfolios in a high volume, time sensitive environment is critical. The Associate Portfolio Manager will work under the direction of the ETF portfolio management team and will leverage the full team to execute on assigned portfolios. General knowledge of ETFs, currency hedging, equities, fixed income securities, trading strategies, broker relationships and portfolio management functions are required. The ability to work in a group environment with daily interactions with portfolio managers and operational staff is expected. The candidate must have a thorough understanding of portfolio modeling, trading, hedging, the financial markets and index-based management. Additional responsibilities will include attribution analysis, best execution analysis, committee attendance, research and fund performance reviews, conducting and preparing monthly fund reports and various presentations. The position, located in Downers Grove, Illinois, will serve as a single contributor with no immediate direct reports.

Key Responsibilities:

Portfolio Management & Trading: understanding the underlying investment strategies and executing on orders daily.
Broker interaction: extensive use of broker network to source bonds; communicate with market makers and facilitate in-kind ETF orders.
Global ETF infrastructure and process flow: gain a thorough understanding for primary contacts, and requirements for Equity, Fixed-Income and ETF portfolios managed in various structures (Europe, Canada, U.S.)
Maintain a close liaison with other fund managers, acting as primary project manager ensuring that there is a constant dialogue on market, regional and…
regulatory developments, risk and performance reporting, while providing ideas for efficient exposure management and the enhancement of the execution process.
Analyze corporate actions and coordinate portfolio manager decisions with all applicable parties.
Set up daily in-kind ETF basket and portfolio management trading files, in accordance with Portfolio Management goals.
Establish and maintain a range of market contacts, including brokers and market makers, while developing objective evaluation tools to measure execution and portfolio performance.
Work with investment teams and fellow traders to develop portfolio management skills, and investment ideas for improved performance.
To undertake relevant associated performance reporting and administration tasks for the Portfolio Management team.

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Qualifications

Work Experience / Knowledge:

3+ years of work experience in trading and fixed income securities is required.
Knowledge of Aladdin is required.

Skills:

Candidate will require strong analytical skills to analyze market data and effectively interact with a variety of groups both internally and externally.
In-depth knowledge of the global fixed income markets, prior trading experience, and the ability to provide market color are required.
Ability to make quick decisions, establish priorities and concentrate on detailed information under time sensitive conditions.
High proficiency in Excel/VBA, Bloomberg, Charles River considered a plus.

Formal Education: (minimum requirement to perform job duties)

Knowledge of the principles and procedures of investment analysis, statistics, and economics as would be acquired through completion of a Master’s degree in Business, Finance or related field is preferred, but not required.

License/Registration/Certification: (minimum requirement to perform job duties)

CFA designation (or progress towards CFA designation) is preferred, but not required.

FLSA (US Only): Exempt

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.

Invesco’s culture of inclusivity and its commitment to diversity in the workplace are demonstrated through our people practices. We are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, creed, color, religion, sex, gender, gender identity, sexual orientation, marital status, national origin, citizenship status, disability, age, or veteran status. Our equal opportunity employment efforts comply with all applicable U.S. state and federal laws governing non-discrimination in employment.

Job -Investment Management

Primary LocationNorth America-United States-Illinois-Downers Grove-3500 Lacey Road

Schedule Full-time