Portfolio Manager (Buy and Maintain Credit) in London

We design and run custom fixed income solutions for clients, ranging from government bond baskets through to complex Buy & Maintain credit funds. We’re looking for a Fund Manager who wants to build on their fixed income experience and help our growing desk in managing portfolios that deliver what we promise to our clients, taking early and increasing responsibility for looking after our clients’ assets.

We want someone who is curious and questioning. Who has the desire and ability to help us improve our solution designs and our credit selection and process, so we can give each client even better outcomes. You’ll be busy, hands-on portfolio constructing and managing – a can-do attitude. Helping to create and manage the best portfolios for them. Sharing ideas and insights across our team.

About Us: Schroders is a global investment manager which provides active asset management, wealth management and investment solutions. We aim to provide excellent investment performance to clients through active management. We serve a diverse client base that includes pension schemes, insurance companies, sovereign wealth funds, endowments, foundations, high net worth individuals, family offices, as well as end clients through partnerships with distributors, financial advisers, and online platforms. Established in 1804, we have around 5,500 people across 36 global locations. Schroders' success can be attributed to its diversified business model, spanning different asset classes, client types and geographies.

The base: We moved into our new HQ in the City of London in 2018. We are close to our clients, in the heart of the UK’s financial centre. We offer flexible working where appropriate for a portfolio management role, balancing collaboration, client delivery and the requirements of running portfolios effectively.

The team: The Advanced Bond Beta team designs and manages high-quality fixed income portfolios for clients, ranging from government bond baskets through to more complex Buy & Maintain credit funds and bespoke fixed income solutions. We use a wide range of fixed income instruments and work closely with colleagues across portfolio management, trading, risk, operations, client teams and wider solutions. We are focused on careful portfolio construction, robust day-to-day controls and accurate implementation of client objectives. We are always looking for ways to standardise and automate our day-to-day work, so we can give extra care and attention to the things that make a difference. We value clear communication, strong risk awareness and practical improvements that help us deliver for clients.

You will support the team in:

• Be part of core portfolio management team responsible for running a wide range of portfolios.
• Help design and implement solutions, ranging from simple to complex, from derivative light to derivative heavy portfolios.
• Play an active part of our Buy & Maintain credit selection process, interacting with our team and wider into the credit analysts.
• Communicate credit and trading decisions to others in the team.
• Improve our clients’ experiences and how we report information to them.
• Work out ways to improve our processes and systems.

The knowledge, experience and qualifications you need:

• Good understanding of investment management processes and risks.
• Good understanding of fixed-income products.
• Strong interest and some experience in credit portfolio management.
• A keen interest in capital markets.
• An interest in making our processes more efficient.

The knowledge, experience and qualifications that will help:

• Sound experience in managing credit portfolios, and in particular Sterling credit, and old illiquid names.
• Experience in selecting credits for Buy & Maintain mandates.
• Interest in regulatory constrained mandates.
• Design and use of optimisation techniques.
• ESG within credit selection.
• An interest in programming.

What you’ll be like:

• Self-motivated and enthusiastic.
• Flexible, intellectually curious and a strong desire to learn.
• Prepared to unpick a problem, from start to end, learn about why it matters, own and deliver the solution.
• Able to look at things from different angles.
• Able to work under pressure, on several priorities at once, and with tight deadlines.
• Great at working with other people and understanding what they need to do their job.
• Keen to improve what we do for our clients and how we do it.

We Recognise Potential, Whoever You Are: Our purpose is to deliver excellent investment performance to clients through active management. We believe diverse perspectives and an inclusive culture help us make better decisions and achieve better outcomes for our clients. That's why inclusion is a strategic priority for us, and we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic. We will consider flexible working arrangements for all roles and provide reasonable accommodations to support applicants and employees, including those with neurodiversity, disability, or physical and mental health needs.