Associate Portfolio Manager, Equity Enhanced Indexing

Norges Bank Investment Management is seeking an ambitious team-player for the Equity Enhanced Indexing (EEI) department, part of the Market Strategies investment area.

EEI is a friendly and collaborative team, responsible for the management of the fund's global, diversified equity portfolios. We use a wide range of strategies to enhance the return and risk/reward in our portfolios. We mainly focus on quantitative approaches based on relative value and systematic strategies, rather than fundamental analysis of individual companies. Managing risk against a dynamic benchmark, and reduction of trade cost are also essential components. There will be a strong focus on results and feedback.

The position is based in Oslo, and will report to the Global Co-Heads of Equity Enhanced Indexing. Travel will be required.

Duties And Responsibilities

What you will do

Collaboration is crucial, as you will be working as part of our European team of 4-5 portfolio managers, and also be interacting with portfolio managers from other regional investment teams globally. Other close collaborators include traders, developers and analysts from across the organization, assisting with market execution, creation of tailored systems/data, and operational aspects such as corporate actions and tax matters.

Your tasks will include:

• Create excess return using a broad range of index enhancement strategies.
• Monitor both aggregate and stock-specific investment parameters over time.
• Combine market knowledge with both quantitative and qualitative portfolio construction techniques.
• Develop trade programs combining risk management, cost reduction and outperformance potential.
• Handle daily portfolio management tasks, including in-/outflows, transitions, index changes, corporate action elections and equity capital market events.
• Analyse market opportunities and contribute to the department-wide research agenda.
• Refine investment strategies using a wide range of techniques for data analysis.
• Contribute to the team dialogue, investment discussions, feedback and meetings.
  
  
  

Qualifications (heading)

What You Need

• A strong interest in capital markets and investments.
• Outstanding analytical- and decision-making skills.
• Comprehensive educational background in finance and data analytics.
• Proficiency with databases (preferably Snowflake) and programming (preferably Python).
• Outstanding communication and teamworking skills.
  
  
  

Who You Are

• You have up to 3 years of relevant working experience, combining finance and tech.
• You can combine high-level efficiency with thoughtful attention to detail.
• You are intellectually curious, and creative in data analysis, artificial intelligence, automation and visualization.
• You have a strong track record of excellence, both individually and in teams, with a high level of integrity. You have an appreciation for giving and receiving constructive feedback.
  
  
  

What We Offer

Norges Bank Investment Management offers a rewarding, international fast-paced working environment, and the opportunity to play a role in safeguarding and building financial wealth for future generations as part of one of the world’s largest funds. Norges Bank Investment Management has a performance culture that values the contribution of every individual and focuses on professional growth.

Our Values

We're driven by a culture of continuous learning. We take action while constantly seeking better ways to achieve our goals. Learning is embedded in everything we do. We embrace growth opportunities and strongly encourage lifelong learning. We emphasize digital proficiency, with a particular focus on AI. Our people are expected to be comfortable adopting and leveraging AI tools. We prioritize wellbeing, supporting both ourselves and our colleagues. And lastly, but not least we believe in creating a safe working environment, where we have fun together!

We aim to increase the share of women to exceed or match the industry average across all functions. Norges Bank Investment Management is committed to ensuring Equal Opportunities for all employees.

Are you interested?

We would love to hear from you! You can apply through the link in this ad, that will take you to the application form in our recruitment system. Applications will be reviewed consecutively throughout the application period.

Do you have questions about the role or the team? Please contact Hiring Manager, Karl-Ove Vindenes.

Please note:

Application close at 23:59 CET

Employment with Norges Bank is conditional on an approved security check in accordance with Norges Bank’s policies. This process may include criminal background and credit checks, verification of employment history, and academic record verification. Completion and approval of these checks are required before an employment offer is finalized.

Contacts

Torgeir Malm, Global Co-Head of Equity Enhanced Indexing, +47 484 01 623, [email protected]

Karl-Ove Vindenes, Lead Portfolio Manager, +47 909 44 471, [email protected]

Kristin Miai Birkeland, Global Talent Acquisition Partner , +47 934 32 930, [email protected]

Location

Bankplassen 2

0151 Oslo

Key information:

Employer: Norges Bank Investment Management

Reference number: 4963411390

Percentage of full-time: 100%

Permanent

Application deadline: 19/05/2025