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- Tasks: Lead the US high yield investment process and manage portfolios effectively.
- Company: Allianz Global Investors is a top global active asset manager focused on sustainability and client value.
- Benefits: Enjoy flexible work arrangements, pension plans, mental health support, and career development opportunities.
- Why this job: Join a diverse, inclusive team that values innovation and personal growth in a dynamic environment.
- Qualifications: 10+ years in High Yield Credit management, strong analytical skills, and relevant qualifications preferred.
- Other info: We welcome applicants from all backgrounds and encourage you to bring your whole self to work.
The predicted salary is between 48000 - 84000 £ per year.
This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.
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At Allianz Global Investors we foster a culture of professionalism, fulfilment, and an inclusive working environment. Do you want to be part of a leading active asset management company? Then join us now!
We are seeking a Senior PM / PM to join our Global High Yield team which is an integral part of Allianz Global Investors\’ Fixed Income platform.
The ideal candidate will have proven experience in managing US high yield credit, with a strong track record in overseeing active institutional and mutual fund assets, as well as demonstrated commercial capabilities, including client relationship management.
What you will do
• 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
What you bring
• 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
What we offer
• 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 Allianz Global Investors
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.
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
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.
80082 | Asset & Investment Management | Professional | n.a. | Allianz Global Investors | Full-Time | Permanent
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Senior Portfolio Manager employer: Allianz
Contact Detail:
Allianz Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Portfolio Manager
✨Tip Number 1
Network with professionals in the asset management industry, especially those who have experience in high yield credit. Attend relevant conferences or webinars to connect with potential colleagues and learn about the latest trends in the market.
✨Tip Number 2
Stay updated on the US high yield market by following key financial news outlets and subscribing to industry reports. This knowledge will not only help you in interviews but also demonstrate your commitment to staying informed.
✨Tip Number 3
Prepare to discuss your previous portfolio management experiences in detail, particularly focusing on your decision-making process and outcomes. Be ready to share specific examples of how you've managed risk and achieved results in high yield investments.
✨Tip Number 4
Familiarise yourself with Allianz Global Investors' values and culture. Understanding their commitment to sustainability and client-centric approach will allow you to align your responses during interviews and show that you're a good fit for their team.
We think you need these skills to ace Senior Portfolio Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in managing US high yield credit and showcases your track record with active institutional and mutual fund assets. Use specific examples to demonstrate your commercial capabilities and client relationship management skills.
Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for asset management and your understanding of the role. Mention how your 10+ years of experience aligns with the responsibilities outlined in the job description, particularly your ability to manage high yield investment processes.
Highlight Relevant Qualifications: In your application, emphasise any relevant qualifications such as CFA, MBA, or equivalent certifications. This will help demonstrate your commitment to professional development and your analytical skills, which are crucial for this role.
Showcase Soft Skills: Don't forget to mention your critical thinking, problem-solving abilities, and communication skills. These soft skills are essential for collaborating with senior investors and interacting with clients, so make sure they shine through in your application.
How to prepare for a job interview at Allianz
✨Showcase Your Experience
Make sure to highlight your extensive experience in managing US high yield credit. Prepare specific examples of your past successes, particularly in overseeing active institutional and mutual fund assets, as this will demonstrate your capability to handle the responsibilities of the role.
✨Understand the Investment Process
Familiarise yourself with the US high yield investment process within the Global High Yield framework. Be ready to discuss how you would approach screening and analysing new ideas, as well as making investment decisions on US HY securities.
✨Demonstrate Analytical Skills
Since the role requires excellent analytical skills, prepare to discuss your methods for monitoring portfolio positioning, weights, and risk analytics. You might be asked to provide insights on how you would recommend efficient risk management strategies.
✨Engage with Team Collaboration
Emphasise your ability to collaborate with senior investors and other teams. Be prepared to share examples of how you've worked closely with credit research teams or product specialists to support commercial activities and client interactions.