# ETF/Index Portfolio Engineer (Xtrackers)

**Company**: DWS Group
**Location**: Luxembourg
**Work arrangement**: hybrid
**Experience**: mid
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/Luxembourg-2-Blvd-K-Adenauer/Portfolio-Engineer--AVP_R0446523-2?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_1002a26e-e48

## Description

We are seeking an ETF/Index Portfolio Engineer to join our Passive Portfolio Management Team at DWS. As a Portfolio Engineer, you will be responsible for carrying out daily management of index equity portfolios via portfolio construction and trade implementation.

Responsibilities:

- Carry out daily management of index equity portfolios via portfolio construction and trade implementation

- Support management of client flows efficiently

- Manage investment and risk exposures, determining optimal hedging strategies where applicable

- Determine optimal portfolio strategy to minimize tracking error to index, ensuring trading accuracy across corporate actions and cash flows

- Work on projects to create efficiency and bring scale/automation to the platform

- Collaborate with trading desks to determine optimal execution strategies

- Contribute to new and existing product development processes

- Oversee Net Asset Value, Portfolio Composition File reconciliations, and performance attribution analysis

Requirements:

- Strong financial product knowledge across Equities, Fixed Income, or Commodities with exposure to Index, Synthetic, Delta-one, or Derivative instruments

- Sound experience in Portfolio Management, Trading, or Index Research, with knowledge of portfolio construction, performance, and attribution, and related ETF servicing

- Knowledge of index methodologies from key providers, including FTSE, S&P, MSCI, etc.

- Strong quantitative/analytical skills, including proficiency in Python, VBA, and Excel

- Understanding of rebalance trading strategies

- Proficiency in Microsoft Office Applications and capability using Bloomberg, Reuters, Factset, Aladdin, and optimization systems like Barra BPM, Bloomberg Portfolio Management

- Educated to Bachelor's degree level or equivalent qualification/relevant work experience

- Proven ability to leverage AI tools to enhance productivity, optimize workflows, and solve business problems while applying critical judgment

What we offer:

- Access to a range of benefits, including healthcare, company perks, and retirement plans

- Hybrid working model, allowing for flexibility between in-person collaboration and remote work

## Skills

### Required
- Python
- VBA
- Excel
- Bloomberg
- Reuters
- Factset
- Aladdin
- Barra BPM

### Nice to have
- knowledge of index methodologies
- rebalance trading strategies
- AI tools

---

Source: [Apply at db.wd3.myworkdayjobs.com](https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/Luxembourg-2-Blvd-K-Adenauer/Portfolio-Engineer--AVP_R0446523-2?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)