Job Description

Eastspring is a global asset manager with Asia at its core. We create a culture in which diversity is celebrated and inclusion assured, for our colleagues, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and in exchange, we support our people's career ambitions. We pledge to make Eastspring a place where you can Connect, Grow and Succeed.

KEY ACCOUNTABILITIES

Role Purpose

• The Senior Manager, RMO Research & Structured Products supports the design, implementation, and ongoing management of systematic risk management and derivative-based strategies within the Multi-Asset Portfolio Solutions (MAPS) platform.
• The role focuses on systematic overlays, derivative strategies, and risk research applied across multi-asset portfolios, ensuring alignment with strategic and tactical asset allocation objectives, portfolio risk frameworks, and governance standards.
• This is a specialist investment role, requiring deep expertise in equity derivatives and structured instruments, strong quantitative judgment, and the ability to translate complex analysis into practical portfolio insights for multi-asset portfolio managers.

1. Risk Management Overlay

• Support the design, implementation, and ongoing management of systematic risk management and derivative-based strategies within the Multi-Asset Portfolio Solutions (MAPS) team.
• Manage and monitor multiple portfolios of systematic overlay strategies across asset classes, including: risk mitigation overlays, volatility and drawdown management strategies, and return-enhancing derivative strategies.
• Ensure systematic strategies remain aligned with portfolio objectives, constraints, and risk budgets.
• Research new signals and enhancements; monitor performance and robustness of existing hedging and alpha-generating strategies across market regimes.
• Support portfolio construction and the integration of overlays into diversified multi-asset funds

2. Derivatives Pricing & Structured Product Expertise

• Act as a subject matter expert in equity derivative pricing, covering vanilla and commonly used structured instruments.
• Provide technical guidance to multi-asset portfolio managers and portfolio-solutions teams on derivative behaviour, payoffs, and risks.
• Maintain and enhance derivative pricing frameworks, including: key assumptions, calibration approaches, and scenario & stress analysis.
• Demonstrate the ability to disaggregate complex derivative strategies and model their behaviour under different market outcomes, including tail and stress scenarios.

3. MAPS Portfolio Implementation & Tactical Input

• Support the MAPS team in the design and implementation of derivative overlays used to manage risk and improve outcomes across SAA and TAA portfolios
• Work closely with multi-asset portfolio managers to: translate house views into implementable derivative strategies and propose tactical derivative trades consistent with medium-term asset-allocation views.
• Help manage and implement derivative hedges, including (but not limited to): equity derivatives and FX derivatives.
• Ensure derivative strategies are implemented efficiently, consistently, and in line with portfolio mandates.

4. Tools, Process Development & Market Awareness

• Drive the development of pricing and analytics tools to support new derivative strategies and structured solutions.
• Support the documentation of methodologies, assumptions, and processes to ensure repeatability and governance robustness.
• Monitor the retail multi-asset market and new product developments to identify relevant innovations and competitive positioning.
• Continuously identify opportunities to improve processes, automation, and analytical efficiency.
• Proactively suggest developments in derivative markets and pricing that could improve risk-adjusted returns across MAPS portfolios.

5. Governance, Risk Frameworks & Controls

• Ensure all derivative strategies operate within: internal investment and risk frameworks, valuation &model governance policies, and applicable regulatory & governance requirements.
• Adhere to established operating, risk, and compliance controls and standard operating procedures.
• Understand and manage downstream impacts of derivative usage, including liquidity, funding, operational, and valuation considerations.

6. Capability Building & Knowledge Sharing

• Contribute to building team capability through: knowledge sharing & mentoring, clear documentation, and support of sustainable, scalable processes.

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REQUIREMENTS

Experience

• 5–8 years of experience in financial services (buy- or sell-side) in a relevant role (e.g. Structuring, Trading). Exceptional candidates with 4–5 years of strong, directly relevant experience may be considered.
• Hands-on experience pricing derivatives, including equities, currencies, and/or commodities.
• Proven ability to explain complex derivative and systematic strategies clearly to non-quant investment stakeholders.

Technical & Domain Expertise

• Deep understanding of derivative pricing models and their nuances.
• Strong ability to analyse and model complex trading strategies across different market regimes.
• Knowledge of the economic and portfolio-level impact of derivative usage (risk, carry, convexity, correlation).
• Exposure to middle and back-office processes, including trade lifecycle, settlements, term sheets, index methodologies, and derivative operational issues.
• Strong attention to detail and disciplined adherence to controls.

Education

• MSc / PhD in a quantitative discipline (Finance, Mathematics, Physics, Computer Science) preferred.
• Exceptional candidates from other backgrounds considered with strong evidence of quantitative and market capability.

Technical Skills

• Proficiency in Excel, Power BI, and Python.
• R and SQL preferred.

Eastspring is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.