Portfolio Manager, Derivatives (AIA Investment Management)

About the Opportunity

FIND YOUR 'BETTER' AT AIA. We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make.

If you believe in better, we’d love to hear from you.

About The Role

Join us as Portfolio Manager, Derivatives at AIA Investment Management!

In a complex environment of regulatory evolutions, changing markets regimes and regular innovation in insurance products, the usage of Derivatives has grown significantly across AIA Group over the past 5 years and is expected to continue to increase in size and sophistication in the coming years.

The Derivatives Centre of Excellence's mission is to enhance the risk and capital adjusted returns for AIA’s shareholders and policyholders through an efficient and risk-managed usage of Derivatives, under set constraints.

We are looking for a Portfolio Manager, Derivatives to be responsible for:

• Supporting Senior Portfolio Managers in designing and managing new generations of index-linked and protected investment products, contributing significantly to idea generation and a reduction of the time-to-market of these products.
• Managing cross-asset derivatives portfolios outsourced by AIA Insurance Business Units to AIA IM, blending a proper perspective on financial and derivatives markets and an effective and disciplined risk management approach.
• Managing proactively collateral requirements (anticipating the needs, managing collateral pools, executing collateral transformation trades).
• Designing, modelling, structuring and advising on derivatives-based strategies and solutions for Group functions and AIA BUs.
• Developing front-office derivatives analytics and quantitative tools.

Responsibilities

• Derivatives & Collateral Portfolio Management: Manage directly or assist the lead portfolio manager on linear and non-linear derivatives portfolios, across asset classes, in line with portfolio mandates benchmarks and key risk metrics, following a rigorous investment process based on a deep understanding of macro and markets environments, and a disciplined risk management approach.
• Derivatives Analytics Infrastructure: Support the development of the Derivatives and collateral infrastructure, in particular derivatives analytics, portfolio management tools and systematic investment strategies analytics.
• Derivatives Solutions: Provide expert advice to AIA BUs and Group functions to design and optimize their derivatives strategies, leveraging on a deep understanding of relative economic value, liquidity, and geographical nuances between different derivatives instruments.

Requirements

• Minimum of 5 years’ experience of structuring and managing linear and non-linear Derivatives portfolios (cross-asset preferred).
• Excellent technical expertise in all aspects of derivatives (eg. markets and models), ideally combined with an experience in developing Derivatives analytics with Blackrock Aladdin, Numerix and Python.
• Experience in collateral management and optimization, funding markets (repo, securities lending) and Fixed Income portfolio management would be considered favorably.
• Knowledge in investment-linked insurance products, ALM and LDI strategies, and actuarial sciences knowledge a plus but non-essential.
• Good interpersonal skills, good team player; intellectually curious, details oriented, analytical thinker, proactive and delivery focused.
• Financial Engineering background preferred. CFMAS module 3 preferred but nonessential.

About Company

For over a century, AIA has served the ever-changing needs of our customers across Asia-Pacific. Our Purpose to help millions of people live Healthier, Longer, Better Lives is at the heart of everything we do.

AIA is committed to building a vibrant, diverse, and inclusive workforce for all employees to thrive in. Join us if you believe in creating a better tomorrow!