Equity ETF Portfolio Manager

3 weeks ago


Los Angeles, United States The TCW Group Full time

Position Summary

TCW is seeking an ETF Portfolio Manager (PM) and Associate Capital Markets Specialist to join the newly established ETF team. The ETF Portfolio Manager will be a key member of the ETF group of TCW and have the entrepreneurial opportunity to grow the business with the resources of an established firm. This position will back-up the primary index PM, participate in equity and fixed income ETF trade execution and support, support other ETF capital markets activities. This position will be based in TCW's Los Angeles office and will report to the Head of ETF Capital Markets and ETF Equity PM.

Essential Duties

Manage ETF portfolios to meet performance standards consistent with the funds' investment objectives, while adhering to regulatory and compliance rules.Implement index rebalance and reconstitutions, considering trading costs, tax implications, market impact and other considerations.Experience generating and coordinating equity CIBs.Establish and implement trading and tax management strategies and lead corporate action election decisions.Ensure portfolio, market and operational risks are prudently managed and that investment and operational processes have integrity by engaging in sound risk management practices. Stay knowledgeable of all regulatory frameworks under which assigned portfolios operate.Attribute fund performance and understand sources of portfolio risk relative to the benchmark.Proactively contribute to overall systems/investment process enhancements.Influence and impact the development of the next generation ETF platform, working with internal partners and outside vendors. Evaluate new markets to support product launches around portfolio management issues.Articulate complex investment topics to a variety of audiences using strong verbal and written communication skills.Build relationships and work together with different parts of the firm to get new initiatives executed and deliver superior client experience.Create a positive environment through personal example and fostering optimal work environment for the team.Use OMS/EMS to implement a broad range of global equity trades and trading strategies including high touch, algorithmic trade programs and block trades.Liaise with portfolio managers, executing brokers, and custodians.Manage all trade operations and trade settlement processes.Understand accounting principles of 1940 act funds and manage daily reconciliation processConduct TCA, Best Execution, and all other trading due diligence.Experience with Westminster-Cowen soft dollar system and managing soft dollar bills.Required Qualifications

4-8 years of overall experience in the investment industry; thorough understanding of asset management, index funds, domestic and international equity markets, fixed income, ETF capital markets and investment operations and trading5 years minimum of ETF portfolio management experience is required. Knowledge of ETF and fixed income capital markets a plusBA/BS Degree required.Experience with execution trading.Experienced manager with proven track record of delivering consistent investment performance in-line or above target objectives.Strong understanding of index provider methodologies and index changesKnowledgeable of various domestic and international equity markets, investment vehicles (including derivatives) and currency hedging strategiesProfessional Skills Qualifications

Passionate about scaling processes and understanding the nuances of ETFs and global marketsExcellent analytical and problem-solving skills coupled with a strong attention to detail. Strong quantitative analytical skills, including knowledge of optimization and risk models.Ability to multi-task and prioritize assignments, while producing a high-quality work in a fast-paced environment. Curious and self-motivatedExcellent verbal and written communication, teamwork, and relationship-building skillsDesired Qualifications

SQL/Python a plusGraduate degree and CFA designation a plus

Estimated Compensation:

Base Salary:

For CA based position, the base salary range is $185k to $200k This is an anticipated range only.

Other Compensation : Eligible to be considered for an annual discretionary bonus

Benefits : Eligible for TCW's comprehensive benefits package. See more information here. #J-18808-Ljbffr


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