(Junior) Portfolio Manager – External Strategy Management (ESM)

Do you want to take your investment career to the next level at a global asset manager? Do you want to help reshaping the financial sector of tomorrow with your investment skills? Are you cooperative and prepared to roll up your sleeves? Are you thorough and detailed in your work, and not looking to cut corners? Then we are looking for you!


36-40 uur
Jaren ervaring
2 - 5

Dit wordt je functie

Job description
APG manages over €500 billion in pension assets for pension funds. APG provides the pension for one in five

families in the Netherlands. APG plays a leading role in the pension sector, and focuses strongly on the transition towards sustainable investing.

You will be working within the External Strategy Management team (ESM). In February 2020, the ESM team
started as a separate team within APG asset management with the objective to ensure an independent assessment of external managers at strategy level. All external manager selectors for liquid asset classes and Alternative Alpha (a.o. hedge funds) have been centralized within ESM. The current team is composed of 30 investment professionals.

APG is looking for a portfolio manager for its ESM/Fixed Income sub-team. This team is responsible for the management of liquid fixed income strategies, using external managers for both DM and EM strategies, encompassing both IG and HY instruments as well as derivatives. The total assets are approximately $ 23 bln as per ultimo 2023. In your role you will learn all about the diverse aspects of investing in fixed income funds across the credit spectrum. You will get a chance to work at a leading responsible investment manager and alongside experienced professionals in this area.  

Primary Responsibilities

  • Support the team in the day-to-day operations such as
    • Index modification
    • allocation process, incl. amendments of legal documents
    • report writing and performance validation
    • reconciliation
    • manager monitoring
  • You will perform desk research & in-depth analysis of external fixed income managers focusing on
    • Product, People, Process, Performance, Price, Planet
    • Participation in Operational Due Diligence meetings
  • Work with other teams in the organization among others: Risk, Responsible Investing, Legal, Operations and  Research.
  • Contribute to the aspirations of the team and APG on digitalization and be a global leader in responsible investing.


Dit breng je mee

Job requirements
The Portfolio Manager we are looking for is a team player that can also work independently. The ideal candidate should be able to communicate clearly, has a digital mindset and strong analytical skills in combination with a critical but hands-on mentality. Furthermore we ask for:

  • Degree in econometrics, economics, or an equivalent qualification with mathematical skills and interests (e.g, financial modelling). CFA or equivalent charter holder or willingness to pursue;
  • At least 5 years of relevant work experience in the fields of asset management;
  • Excellent communication skills in English, both verbally as well as and in written form;
  • Working experience in fixed income investing;
  • Attention to detail and financial modelling skills.

Hier ga je aan de slag

What APG has to offer
We offer you a competitive monthly salary based on 40-hours and attractive terms of employment with a
focus on flexibility.

  • A guaranteed year-end bonus of 8.33%
  • A target driven bonus scheme
  • Ample attention to your vitality and personal development
  • Ability to grow your professional network, internally as well as externally
  • Hybrid working: at home and in our Amsterdam office
  • And of course a well-organized pension.

For pension provider APG, pensions are about people, life and how we live together. Through careful asset
management, pension administration, communication and advice, APG wants to help building a decent
future in which we share our well-being and prosperity honestly and sustainably. For present and future
generations. For today, tomorrow and beyond.

APG is committed to serving 4.7 million people in the Netherlands. That explains the importance we attach
to reflecting Dutch society. To that end, APG strives for an inclusive work environment in which everyone
can be themselves and their unique qualities are embraced.
Choosing APG means choosing a job in which you contribute to a bright future. Don’t delay, apply today!

Door de ogen van onze Vermogensbeheer collega's

De groei die ik nu al bij mezelf zie, zie ik in de toekomst alleen nog maar toenemen.

Lieke van der Horst


Elke klant heeft een eigen ritme en beleggingsideeën

Anna Szymkiewicz

Business manager fiduciair management

Het geeft voldoening dat het geld naar Nederlandse gezinnen gaat

Milo Volniansky

Quant trader

Ik zie Vermogensbeheer bij APG als een kennisbibliotheek met hoogopgeleide collega's.

Julian Steenman

Quant trainee

Meer informatie

More information? 

Manager Philipp Schreyer can tell you all about this great job, feel free to contact him at If you have any other question, please contact our recruiter.

A Pre Employment Screening is part of the procedure. 

Ik help je graag verder

Roy Tholen

Corporate recruiter

Solliciteren? Dat gaat zo.

Laat jezelf aan ons zien

Online sollicitatie

Ons team bekijkt je sollicitatie


Kijken of er een match is (evt. na een case of test)


Welkom, nieuwe collega!

Aan de slag