Portfolio Analyst GA (junior) recruitment
At AEGON Asset Management (AAM), we take an active approach to managing investments. We have a clear investment philosophy, helping both retail and institutional clients maximize available investment opportunities and realize their financial objectives. By developing - and successfully deploying - integrated investment strategies, we enable our clients to manage risk and navigate a constantly changing business environment.
Our ambition is to be the investment provider of choice by earning the trust and confidence of our clients. We aim to sustain that position by ensuring client value through the delivery of a wide range of quality investment products, by achieving solid long-term investment performance and providing superior client relationship management. In doing so, we uphold the highest standards of integrity and transparency. Aegon has won several Morningstar awards in the past, notably in the field of fixed income and balanced funds. Another specialization where Aegon ranks among the top houses in the world is managing liability driven (derivative) portfolios. The Derivatives book for hedging the risks for the General Account of Aegon NL (GA) is for example the largest and most complex book in the Netherlands.
As part of the AEGON Group, AEGON Asset Management has businesses in over twenty countries in Europe, the Americas and Asia. We manage more than EUR 180 billion on behalf of individual investors, financial institutions, pension funds and insurance companies around the world. The AEGON Asset Management businesses employ over 1,300 staff worldwide.
Role
Together with the GA Relationship and Portfolio Management team (GA RPM), he/she has the primary client interface with internal clients. This encompasses to agree with the client on the required service delivery that optimally serves the interests. Partly this service can be fulfilled directly within GA RPM but in most cases the requests imply that GA RPM fulfils a coordinating role between specific departments like Derivatives, Investments or Reporting and the client. As a result the role is both broad in the variety of issues and deep in terms of the complexity of the subjects.
Key Responsibilities
- Assisting the team in being the primary client interface with internal clients in order to order to achieve agreement on the required service delivery that optimally serves the interest of the organization;
- Write memos on ALM or strategic asset allocation modelling projects which are based on own or jointly build models or on models provided by internal or external specialists;
- Coordination of implementation of change requests in delivered services, like account opening/closing, registration of mandates and mandate changes or asset transfers;
- (Helping to) Manage assigned projects from time-to-time in order to realize project deliverables within the specified timeframe;
- Maintains general understanding of all asset classes that the General Account is invested or may invest in, together with the team coordinate initiatives with specialists within AAM to generate ALM / TAA trading ideas and advises on appropriate composition and structure of the AEGON NL General Account Portfolio;
- Knowledgeable about derivative usage (both hedging and trading) and Portfolio risk Management within the General Account.
In addition to the duties and responsibilities listed, the job holder may be required to perform other duties assigned by his/her manager from time to time so long as such duties are within the scope and ability of the job holder.
Profile
- BSc or MSc Degree in Econom(etr)ics or a BSc degree combined with sufficient post graduate background (CFA, FBA, CIP);
- At least 3 years working experience of which 2 years relevant experience in the Fixed Income and Derivatives area either on the front- or the back office;
- Being able to write clear memos on investment topics that pay sufficient attention to operational feasibility;
- Since the role encompasses both back and front office related issues a broad background and interest is highly preferred;
- Preferably previous experience in the field of investment modelling and in particular ALM and strategic asset allocation modelling.
For more information, please contact Hermione Tomson, HR Business Partner Asset Management, htomson@aegon.nl, +31 (0)70-344 7843