Portfolio Manager

13. januar 2021
26. januar 2021
Daniel Balthasar, dab@nbim.no

About the fund

Norges Bank Investment Management manages Government Pension Fund Global with assets worth more than 11,000 billion kroner, or about 1.2 Trillion dollars. The fund is invested in international equity and fixed-income markets and real estate. As manager of one of the world's largest funds we have developed a highly skilled investment organisation with a global outlook. We are more than 525 people from 37 countries based in Oslo, London, New York, Singapore and Shanghai.

Portfolio Manager – Industrials – Capital Goods    

Norges Bank Investment Management is seeking an outstanding individual for a portfolio manager role in the Sector Strategies team. The team is part of our Equity Strategies area. Sector Strategies is responsible for a broad range of industry focused risk mandates within the fund’s large equity portfolio.

Our sector portfolio managers run their portfolios with a large degree of autonomy within their investment mandates, basing their investment decisions on their own fundamental research and in-depth knowledge of companies and the markets in which they operate. The portfolio managers also help to fulfil the fund’s ownership role.

Reporting to the Global Co Head of Sector Strategies. The position will be in Oslo, and travel will be required.

The role

As one of our portfolio managers you will manage a sizeable global, long only, equity portfolio focused on global capital goods companies against a broad benchmark. You will build an in-depth knowledge through industry and company-specific research in the sector, and will make an impact through generating excess return for the fund on a sustained basis. You will also contribute to the fund’s ownership responsibilities by assessment of relevant company and sector issues.

You will work with talented colleagues on the Sector Strategies team and broadly across the fund, and benefit from their global industry knowledge and market experience.

The role offers a unique opportunity to build a long-term career within fundamentally based investment management. The fund’s stability of capital, best in class corporate access and our ability to tailor the investment focus to match portfolio manager experience, will together with your own skills and efforts provide a strong basis for investment outperformance.

Required experience

  • Minimum of 5 years of relevant investment experience, with some focus in the Industrials sector. Investment experience in the capital goods sector is preferred.
  • Long term thinking crucial and background from private equity could be an advantage
  • Bachelor or Master’s degree with strong academic records

Individual requirements: We are looking for individuals with the following characteristics

  • Critical and curious mindset with the ability to generate well-founded and differentiated investment ideas
  • An ability to implement research-derived views effectively in own portfolio and over time create excess return
  • A demonstrated passion for investing and willingness to take risk
  • Strong financial modelling skills
  • Excellent communications skills enabling high quality interaction with companies at senior management and board level
  • High level of integrity and a collaborative spirit

What we offer

As one of the world’s largest funds we offer a rewarding international fast-paced working environment. We have a performance culture that values contribution from every individual and focus on professional growth. You get an opportunity to play a role in safeguarding and building financial wealth for the future generations of Norway.

Our core values of excellence, innovation, integrity and team spirit underpin our culture and how we operate across our offices. We have a flat organisational hierarchy, and we are committed to ensuring diversity and equal opportunities for all employees. We aim to increase the share of women to exceed or match the industry average across all functions. English is our corporate working language.

Benefits include

  • Competitive base salary and variable pay offered
  • Comprehensive insurance plan
  • Home and consumer loan
  • Inhouse gym
  • Access to holiday facilities in Norway and aboard

Contact details: Questions regarding the position may be directed to Daniel Balthasar, Co Global Head Sector Strategies at dab@nbim.no.

Please note due to GDPR applications not made via the recruitment portal will be disregarded. Please do not email your CV. https://www.nbim.no/en/organisation/career/

Opening dates for applications 12th January 2020
Deadline for application is 26th January 2020
This is direct recruitment via nbim.no. We are not looking to work with agencies on this piece of recruitment. 

Vennligst referer til DN.no i din søknad.