Seed Capital Analyst recruitment
Overview of role
Reporting into the head of structured solutions/portfolio management, the successful candidate will be expected to:
• Work with Investment Risk and Group Treasury to identify acceptable hedges to group investments
• Work with Structurers/Quants to determine optimal hedge positions on a line by line and portfolio basis
Identify hedges to new seed investments and present hedge proposals to Head of Structured
• Solutions and be accountable for hedge performance
• Execute and document OTC and exchange traded hedges within group reporting framework
• Execute and provide detailed market commentary/analysis on position performance
• Instrument coverage will include but not limited to: IRS, RPI Swaps, TRS, Futures contracts, Exchange traded options, OTC contracts
• Conduct auctions and execute trades, component by component, with a number of investment bank providers – under pressure but with precision
• Draft and review legal confirmations, operational and risk procedures, in collaboration with internal professionals
• Responsible for the drafting of presentations and termsheets in line with the requirements of the team
• Work flexibly across the portfolio management team to assist across all the portfolio management mandates including the structured funds and LDI clients
Essential Experience Required:
• Experience of Bond Markets and associated trades
• Demonstrable mathematical ability
• Strong interpersonal skills – especially in negotiation and presenting complex structures concisely
• Commercially hungry, but with keen risk awareness
• Knowledge of the asset management industry – understanding of client’s interests / requirements
• Must have experience of managing hedged portfolios (either from a Bank or Asset Manager) and identifying appropriate market hedges within an instrument constrained environment
• Must have experience of executing range of derivative based and cash strategies
• Broad based experience of other derivative or structured products
• Exposure to multiple underlying asset classes
• Desire to build a career within the fund management industry
• Practical experience of running a derivatives book and management of option Greeks