Portfolio manager high yield credit - ldi fixed income

In this role, you will manage High Yield within the LDI framework, aligning with clients’ asset allocation and reinvestment targets. You will contribute to the CLO/ABS oversight and coordinate with other LDI Credit PMs to optimize risk‑adjusted returns. You will leverage credit analysis, portfolio construction and quantitative tools to support decisions that fit Solvency II and ESG requirements. You will collaborate with traders, risk, research and ESG teams while developing fixed‑income analytics in Python and supporting client communications. Benefits Identify and screen new High‑Yield issuers and generate investment ideas across primary and secondary markets Monitor existing High‑Yield positions, tracking fundamentals, market developments and early warning indicators Ensure integration of constraints within High‑Yield and structured credit portfolio construction Analyze CLO/ABS deal structures, collateral quality and manager behavior using dedicated tools Coordinate buy/sell decisions with other LDI PMs to optimize risk/return and maintain LDI alignment Implement multiple constraints (duration, benchmarks, liquidity, cash flow, reinvestment yield, accounting standards) in portfolio decisions Ensure decisions comply with Solvency II and ESG requirements Liaise with trading, operations and risk control to ensure smooth execution Contribute to enhancement of fixed‑income tools using Python‑based analytics (e.g., delta contribution, constraint‑based allocations) Support client presentations, RFPs and reporting materials Responsabilità Minimum 5 years of experience in High‑Yield credit portfolio management Strong capability to analyze complex balance sheets and issuer credit metrics Knowledge of structured credit markets; CLO/ABS experience is a plus Understanding of credit derivatives (CDS, index tranches) and their use in LDI Ability to design hedging strategies for spread, downgrade/default and liquidity risks Experience with derivative‑based relative‑value strategies (curve/basis/cross‑currency) Python programming skills to develop fixed‑income tools Solid knowledge of Solvency II, capital charges and ESG frameworks Advanced Bloomberg and portfolio risk analytics Familiarity with IFRS and local GAAP Proficiency in English; strong communication and teamwork Ability to perform under pressure and manage multiple priorities #J-18808-Ljbffr