Liquidity / Money Markets: (Assistant) Portfolio Manager recruitment
The Cash Desk sits centrally to Ashmore’s Investment Team, with a crucial role in managing Liquidity Funds and the group’s liquidity, and also managing daily cash positions and cash flows of all Ashmore managed portfolios, while performing repo activity and credit analysis.
We are looking for someone with:
- experience in dealing or trading money market products with a large, recognisable UK institution.
- credit analysis of UK companies is a highly sought after skills, coupled with the MM exposure.
- someone with some experience from a recognisable fund manager would be ideal.
The incumbent will work on some of, or potentially all of the following aspects:
• Liquidity Fund Management:
The Portfolio Manager will trade all deposits, repos and securities as endorsed by the Liquidity Investment committee (LIC).
• Cash Management:
A variety of money market instruments and techniques will be employed by the Cash Desk
to ensure that:
i) Sufficient cash is available to meet funds’ current and future outflows,
ii) All projected overdrafts are identified and covered, and
iii) Any surplus cash will be safely invested to generate the maximum income, subject to mandate restrictions.
• Liquidity Management:
The Portfolio Manager will actively manage liquidity using money market instruments to ensure funds are available on a daily basis and to meet large outflows.
• Repo:
Responsibility for trading and administration on all repo activity, ensuring:
i) The repo market is accessed to provide liquidity where appropriate when either liquidity is required or when opportunities are presented in the market; and
ii) Liaison with repo counterparties regarding positions in view of changes to liquidity requirements, holdings, re-rates and re-pricing.
Ashmore is an established asset manager, and a FTSE100 company, but which is experiencing exciting growth year-on-year. This role is highly respected by our investment teams and central to the firm’s success.