Hedging Portfolio Manager

1w1 week ago

Aviva Investors

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. Use instruments like FX Forwards, Cross Currency Swaps, IRS, and Inflation Swaps to 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. Collaborate effectively across teams in a smart working environment, spending around 50% of time in offices every week.

Drive process improvements to enhance the efficiency and effectiveness of hedging strategies. Join an inclusive team that welcomes applications from all backgrounds and experiences, considering flexible working including part time and job shares. Commitment to continuous improvement and innovation.

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

Manage currency, interest rate, and inflation risk for Private Markets portfolios
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
Assess impact of market developments on Private Markets investments
Prepare regular reports for senior stakeholders
Drive process improvements to enhance 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