Portfolio Engineer
Deutsche Bank
- Location
- London, 45 Cannon Street
- Work model
- On-Site
- Level
- Mid
- Posted
- Sep 18, 2026
Skills
About this role
Job Description
Employer: DWS Group Title: Equity Portfolio Manager/Engineer – ETFs/Index Investing Location: London About DWS: Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change. Join us at DWS, and you can be part of an industry-leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment. We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’. As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career. This is your chance to invest in your future. Team / division overview The Passive Portfolio Management Team at DWS manages the full range of X-trackers across Equity and Fixed Income Exchange Traded Funds, as well as Segregated mandates, covering a wide range or index providers and array of benchmark types from multiple ESG flavours to Thematics. DWS has a global and integrated investment platform with a strong footprint globally. With presence on the ground in 17 locations, we cover the most important financial markets in the world. Our investment platform employs approximately 900 investment professionals (excluding product specialists), covering both the most important financial markets and regions, and the most important asset classes. You will play a key role as Portfolio Engineer within the team.
Role
Details: As an Equity Portfolio Manager you will (be): Carrying out daily management of the index equity portfolios via portfolio construction and trade implementation Supporting the management of client flows efficiently Managing investment and risk exposures, while determining optimal hedging strategies where applicable Determining optimal portfolio strategy to minimize tracking error to index, to ensure trading accuracy across corporate actions and cash flows Working on projects geared towards creating efficiency and bringing scale/automation for the overall development of platform Working closely with trading desks to determine optimal execution strategies Contributing to new and existing product development processes Overseeing the Net Asset Value, Portfolio Composition File reconciliations and performance attribution analysis We are looking for: Strong financial product knowledge across either Equities, Fixed Income or Commodities with exposure to Index, Synthetic, Delta-one or Derivative instruments Sound experience from either a Portfolio Management, Trading, Index Research background, with knowledge around portfolio construction, performance & attribution, and related ETF servicing Knowledge of index methodologies from key providers including FTSE, S&P, MSCI etc Strong quantitative/analytical skills including such as Python, VBA and Excel are highly beneficial An understanding of rebalance trading strategies Proficiency in all Microsoft Office Applications and capability using Bloomberg, Reuters, Factset, Aladdin and optimisation systems like Barra BPM, Bloomberg Portfolio Management Educated to Bachelor’s degree level or equivalent qualification/relevant work experience What we’ll offer you: At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves