Newton, Currency Portfolio Manager

4 weeks ago


London, UK, United Kingdom BNY Full time
Job Description

Newton is a global investment management firm owned by BNY, with offices in London, New York, Boston, San Francisco and Tokyo. It provides investment services to institutional clients, including US and global pension funds, sovereign wealth funds, central banks, endowments, foundations, insurance companies, registered mutual funds, other pooled investment vehicles and other institutions, and, via BNY, to individuals. Newton uses an active, multidimensional and engaged approach in striving to deliver attractive outcomes to those clients.

Newton focuses on four key areas:

  • Active Equities - Conviction-based, including global equity, small-cap, regional and thematic capabilities

Income - Equity, fixed income and multi-asset
Absolute Return - Fixed-income and multi-asset
Multi-Asset Solutions - Systematic, outcome-orientated, relative balanced, bespoke and building blocks
We're seeking a future team member for the role of Currency Portfolio Manager to join our Fixed Income team. This role is located in London - HYBRID.

Responsible for the currency strategies implemented across all flagship funds and PnL generation. Suggests and contributes to macro debate and more specific to currency allocations with other senior investors of the team contributing to return objectives of clients and teams desired risk exposures.

Enhance currency framework and add to existing FX models. Comes up with efficient structures to implement currency views, including options.

Manages assets independently within investment policy guidelines to achieve investment objectives. Implements investment strategies consistent with client financial goals and risk tolerance and in accordance with the investment policies/philosophies and procedures and applicable regulations. Works with research, strategy team members and other members of the portfolio teams.

Will meet with clients and new business prospects to communicate investment strategy, discuss market performance, and current market conditions.

Serve on the asset allocation committee.

Help with any ad-hoc tasks related to client and internal demands.

Supports investment discussion at Newton and BNY.

Key Responsibilities

Make informed decisions on changes that impact the portfolio.

Independently implement investment strategies for more complex funds/strategies consistent with client financial goals and risk tolerance and in accordance with the investment policies/philosophies and procedures and applicable regulations.

Evaluate the performance of investments and make timey changes to a portfolio to meet investment objectives or allocation guidelines.

Meet with clients and new business prospects to communicate investment strategy, discuss performance, and review current market conditions.

To be successful in this role, we're seeking the following:

  • Economics/Finance/Maths/Engineering background ideally.

Good quants skill and coding preferable.
Knowledge of options structures and strategies.
Bachelor's degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

At BNY, our culture speaks for itself. Here's a few of our awards:

• America's Most Innovative Companies, Fortune, 2024

• World's Most Admired Companies, Fortune 2024

• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024 • Best Places to Work for Disability Inclusion, Disability: IN - 100% score, 2023-2024

• "Most Just Companies", Just Capital and CNBC, 2024

• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024

• Bloomberg's Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

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