Senior Portfolio Manager

About the Opportunity

This job is with Allianz Commercial, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Join us. Let's care for tomorrow.

Responsibilities

• Take lead in managing US high yield investment process that is within the Global High Yield framework
• Take primary responsibility for taking active US HY risk, including screening and analysing new ideas, recommending investment decisions on US HY securities to portfolios where appropriate
• To be a named portfolio manager for suitable accounts and implement investment decisions in these portfolios and authorize orders
• Monitor portfolios' positioning, weights and risk analytics compared to benchmarks and targets. Recommend efficient risk management to other team members where appropriate
• Take initiative to collaborate and work closely with senior investors in other sectors and locations to assure that risk is balanced appropriately
• Interact with credit research team and related market participants to closely follow the US HY market
• Work with product specialists to support commercial activities such as creating internal investment-related materials, marketing presentations, reports for clients, and responding to client requests
• Collaborate with distribution functions as a contact for North American clients and prospects
• Occasional travels to other office premises

About You

Minimum 10 years' experience as a Portfolio Manager in High Yield Credit or relevant roles such as credit analyst, US HY experience essential

Proven track record of managing active High Yield Credit products

Proven experience or strong understanding of high yield covenants and liability management (LME) transactions

University degree or equivalent qualification ideally combining qualitative and quantitative skills

Excellent analytical and verbal communication skills

Critical thinking and creative problem-solving skills

Ability to seize the initiative and to logically solve tasks & problems

CFA, MBA, ACA, CPA, LLB (or equivalent) preferable

Fluency in English, other European language preferred

Proficiency in Microsoft Office, including Microsoft CoPilot

Benefits

• We empower our employees by ensuring flexible work arrangements that maintain a balance between performance, productivity, career development, and personal priorities (e.g., hybrid model/flexible working hours)
• Securing your future: Access to company pension/savings plans
• Shared success: Company share purchasing plan
• Support for what matters: Mental health and wellbeing programs
• Investments in your career: Career opportunities within the entire Allianz Group
• Investments in your skills: Comprehensive learning and development offerings, including certifications and professional qualifications ... and so much more!

About Company

Allianz Global Investors is a leading global active asset manager. We invest for the long term and want to create value for clients every step of the way. We do this by being active - in how we partner with clients and anticipate their needs, and build solutions based on capabilities across public and private markets. Our focus on enhancing our clients' assets leads naturally to a commitment to sustainability for positive change. Our goal is to enhance the investment experience for clients, whatever their location or goals.

Putting our clients' needs first, behaving in a transparent way, and treating people fairly means acting with integrity. We encourage a collegial culture that supports individual responsibility. We invest in the development of our employees to maximize the power of innovation.

We at Allianz believe in a diverse and inclusive workforce, we are committed to the principles of Equal Employment Opportunity and to helping applicants with any disabilities. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love, or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, or sexual orientation. Great to have you on board.

Eligibility

If you feel inspired to promote the active asset management experience, this is the place for you. Join our diverse, international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position! If you need support to navigate our websites or at any stage during your application, please send an email with your request to recruiting@allianzgi.com

To Recruitment Agencies

Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters.

When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place.

Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors.

Finally, please do not contact hiring managers directly.