Senior Enhanced Index Portfolio Manager

5w1 month ago

Aviva

London, GB · Full-time · £140,000 – £200,000

About this role

We are seeking a highly experienced Enhanced Index Portfolio Manager to join our Portfolio Implementation & Investment Engineering team. With deep expertise in managing passively constructed equity beta solutions, you will play a leading role in shaping the evolution of our Enhanced Index strategies. The Enhanced Equity business has grown to £65bn under management and is expected to double in the coming years.

You will lead enhancements to investment processes, including refining models, strengthening portfolio construction, and overseeing liquidity, cash equitisation, rebalancing, corporate actions, guideline compliance, and risk monitoring. Drive index methodology and event analysis, translating changes like additions, deletions, IPOs, and sector reclassifications into proactive portfolio positioning. Ensure efficient implementation across mandates.

Working closely with Investment Engineering and Trading, design and industrialise scalable tools that improve risk management, liquidity assessment, portfolio construction, execution quality, and operational efficiency. Combine deep knowledge of passive equity investing with quantitative and engineering capabilities in a collaborative team environment. Provide thought leadership and hands-on portfolio management execution.

Contribute to innovation across the wider investment platform by challenging established approaches and embedding best-practice principles. Support business growth through next-generation automation. This senior practitioner role offers opportunities to drive process innovation and align portfolio outcomes with investment intent.

Requirements

Proven track record managing passive and enhanced-index equity portfolios across regional and global markets
Using advanced portfolio-optimisation tools and an engineering mindset to deliver low-risk equity beta solutions
Deep understanding of equity instruments, trading mechanics, market microstructure, benchmark construction, index methodologies
End to end investment processes applied to managing large portfolios (>GBP 100bn)
Confidence to challenge established processes constructively and propose evidence-based improvements
Ability to translate complex technical ideas into clear concepts for non-specialist stakeholders
Naturally inquisitive and innovative with a passion for solving complex portfolio-construction, implementation and trading challenges

Responsibilities

Lead enhancements to investment processes, refining models and strengthening portfolio construction
Oversee liquidity and cash equitisation, rebalancing, corporate actions, guideline compliance
Conduct ongoing risk and performance monitoring
Drive index methodology and event analysis, translating changes into proactive portfolio positioning
Design and industrialise scalable tools with Investment Engineering and Trading
Improve risk management, liquidity assessment, portfolio construction, execution quality, and operational efficiency
Provide thought leadership and hands-on portfolio management execution
Contribute to innovation across the wider investment platform

Benefits

Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in
Eligibility for annual performance bonus
Family friendly parental and carer’s leave
Generous holiday entitlement plus bank holidays with the option to buy/sell up to 5 additional days
Up to 40% discount for Aviva products
Aviva-funded Private Medical Benefit
Brilliant flexible benefits including electric