Job Details

High Yield Portfolio Manager, European Credit

London, Greater London, United Kingdom, Permanent

Posted: 12days ago


The High Yield Portfolio Manager will be part of the European Credit team with focused on sourcing, analysing and investing in high-yield bonds. The individual will be responsible for building, scaling and monitoring a portfolio of European high-yield investments. The successful candidate will also contribute toward the broader team's strategies and activities. The European Credit group focuses on sub-investment grade credit solutions in Europe across the capital structure (including leveraged loans, high-yield bonds, convertible bonds and structured products). The group invests in both public and private credit, with a mandate to invest geographically across Europe in any sector with the flexibility to fund in multiple European currencies.

Role-Specific Accountabilities

Reporting to the Managing Director of European Credit, the High Yield Portfolio Manager will be responsible for:

Investment Strategy:

* Contributing to the ongoing build out of European Credit's overall strategy with a focus on developing and scaling the high-yield bond portfolio

* Will be a self-starter with the ability to lead the development of the high-yield strategy

Deal Execution:

* Source, analyse and invest in European high-yield bonds

* Apply global best practices to deals (e.g. due diligence, deal management and counterparty management (e.g. tactics/negotiation))

* Manage the investment approval process and drive investments to completion

Investment/Business Judgment

* Apply investment judgment to deals, help teams develop and evaluate investments

* On an ongoing basis monitor the high-yield bond portfolio and respond to changes in market conditions

* Have input developing the systems and tools to support the monitoring and ongoing analysis of the high-yield bond portfolio to drive investment decisions

Communication and Relationship Building

* Experience managing global relationships and originating new business

* Interact with sales and trading desks around primary and secondary flow of high-yield bonds

* Coordinate high-yield bond trading with European Credit's trader

* Interact with our North American high-yield bond team

* Coordinate with the broader European Credit team on sectors, credits and opportunities within the broader loan and bond credit space

Leadership and Drive

* Able to drive results while working constructively with colleagues

* Proven ability to take initiative and deliver successful outcomes

* Leadership and coaching experience, with an emphasis on team development

Job Details

London, Greater London, United Kingdom