State Street

Portfolio Manager, State Street Investment Management, Assistant Vice President

Sydney, Australia Full time

Who we are looking for

This role will initially support the Systematic Equity Beta (SEB) portfolio management team in day‑to‑day investment activities. Training will be provided across all aspects of index fund management with expectation upon reaching the required level of competence, the job holder will assume responsibility for managing equity portfolios across the spectrum of index capabilities, including rebalancing, risk monitoring, and exposure management.

Why this role is important to us

State Street Investment Management is a global leader in institutional asset management, entrusted with more than $3 trillion in assets. For more than three decades, investors worldwide have benefited from our disciplined, precise investment process and powerful global platform offering access to every major asset class, capitalization range and style across the indexing and active spectrums. State Street IM is the investment management arm of State Street Corporation, one of the world’s leading providers of financial services to institutions.

What you will be responsible for

  • Management of passive equity portfolios, including daily portfolio monitoring, cash management, investing/divesting cash flows, trade construction & execution

  • Analysis of index changes and corporate actions decisions, helping to formulate and execute the most appropriate implementation strategy

  • Performance attribution analysis and explaining tracking results

  • Attain/maintain good understanding of equity markets around the world and index vendor methodologies

  • Provide high level service for client facing teams, including helping to respond to client needs, prepare materials for presentations, and draft investment reports.

What we value

These skills will help you succeed in this role

  • Excellent numeracy skills are required, in particular the ability to analyse and evaluate numerical data and present findings

  • Absolute attention to detail and high degree of accuracy when working under pressure

  • Ability to demonstrate initiative

  • A flexible approach to work, with ability to be both proactive and responsive

  • Application of creative thinking to problems and systems/process enhancements

  • Ability to prioritise own workload and respond to immediate deadlines

  • Excellent communication skills, both written and verbal, with the potential to develop presentation skills

  • A good team player who interacts with different members of the team, providing support where necessary

  • Fundamentally curious and passionate about equity investment

Education & Preferred Qualifications

  • Ideally a graduate with a finance / economics related degree with good understanding of the investment industry

  • Previous experience within financial services industry will be advantageous

  • Existing experience at State Street, with demonstrable knowledge of State Street systems will be viewed highly.

Additional requirements

  • Either currently studying for or planning to take CFA exams (preferable)

  • Computer literate, especially for Microsoft Office applications

  • Demonstrable knowledge of different investment instruments (not necessarily equities)

  • Demonstrable knowledge of how investment performance is calculated

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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