Structured Credit Portfolio Manager Department: Finance Employment Type: Full Time Location: Manchester Reporting To: Sam Hale Description A as Structured Credit Portfolio Manager you will hold your own investment mandate for the Bank's £4bn+ treasury investment portfolio, sourcing, evaluating and executing investments across structured credit and other high-quality liquid assets, including CLOs, RMBS, ABS, SSA, covered bonds and gilts. The role carries responsibility for portfolio construction and investment appraisal, assessing the risk and return of each opportunity, and for building out the portfolio in line with the Bank's risk appetite and regulatory standards, including the UK Securitisation Rules. As well as manage the FX and interest rate risk arising from the investment book, executing derivatives to keep the portfolio appropriately hedged. Key Responsibilities Investment Execution Source, evaluate and execute investments across structured credit and other treasury assets, with a focus on CLOs, RMBS and ABS. Negotiate allocations in primary issuance and identify and execute secondary-market opportunities. Achieve and demonstrate best execution, with a clear view of liquidity and execution strategy for each trade. Build relationships with sell-side trading desks, securitisation issuers and CLO managers to source opportunities for the Bank. Conduct manager and deal due diligence, including fundamental credit analysis of collateral, structural protections and CLO managers, assess the risk and return of each opportunity, and prepare trade rationales. Ensure all investments comply with eligibility, capital and liquidity requirements. Portfolio Management Hold personal investment mandate for day-to-day management of the Bank's expanding £4bn+ portfolio. Monitor positions, P
Structured Credit Portfolio Manager employer: Chetwood Bank
Chetwood Bank is an exceptional employer located in the vibrant city of London, offering a dynamic work culture that fosters innovation and collaboration. Employees benefit from comprehensive growth opportunities, including professional development and training, while enjoying a hybrid work model that promotes work-life balance. With a commitment to compliance and excellence, Chetwood Bank provides a rewarding environment for those looking to make a meaningful impact in the financial sector.
