Hedging Portfolio Manager

6w1 month ago

Aviva

London, GB · Full-time · £120,000 – £180,000

About this role

Aviva Investors is looking for a Hedging Portfolio Manager to support the growth of our Private Markets business by managing currency, interest rate, and inflation risk. This newly created role is pivotal in delivering effective hedging strategies for our expanding portfolio, including the Multi-Sector Private Debt LTAF and other Private Markets flows.

Working closely with investment teams, design and implement FX, interest rate, and inflation hedging strategies for private assets such as Private Debt and Infrastructure. Utilise instruments like FX Forwards, Cross Currency Swaps, IRS, and Inflation Swaps. Build and monitor hedging programmes while managing market risk across portfolios in line with internal and client frameworks.

Stay ahead of market developments to assess their impact on Private Markets investments. Prepare regular reports for senior stakeholders and drive process improvements to enhance the efficiency and effectiveness of hedging strategies. Collaborate effectively across teams in an inclusive environment that welcomes applications from all backgrounds.

This is a great job for someone who has experience in implementing structured hedging programmes, ideally within Private Markets or alternative investments. Most people are smart working, spending around 50% of their time in offices, combining flexibility with colleague interaction. We consider all forms of flexible working, including part time and job shares.

Requirements

Technical and practical knowledge of financial markets and risks, with experience in the structuring and execution of derivatives across a broad range of asset classes
Experience in asset management / hedging, preferably within illiquid markets and/or private credit portfolios
Degree in quantitative subject such as Finance, Economics, Engineering, or a related field; professional qualifications (e.g., CFA) preferred
Excellent analytical and problem-solving skills, with attention to detail, organisational ability and capacity to work under pressure
Ability to collaborate effectively across teams and communicate complex concepts clearly, with a commitment to continuous improvement and innovation

Responsibilities

Support the growth of Private Markets business by managing currency, interest rate, and inflation risk
Design and implement FX, interest rate, and inflation hedging strategies for private assets such as Private Debt and Infrastructure
Utilise instruments like FX Forwards, Cross Currency Swaps, IRS, and Inflation Swaps
Build and monitor hedging programmes
Manage market risk across portfolios in line with internal and client frameworks
Stay ahead of market developments to assess their impact on Private Markets investments
Prepare regular reports for senior stakeholders
Drive process improvements to enhance the efficiency and effectiveness of hedging strategies

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 to help you get expert support when you need it
Brilliant flexible benefits including electric cars
Aviva Matching Share Plan and Save As You Earn scheme