Portfolio Manager
Schroders, New York, NY, United States
Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognized as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes.
We are seeking a Credit Portfolio Manager to join Schroders’ U.S. Fixed Income team in New York. The successful candidate will bring investment experience across global and/or U.S. credit markets and play an active role in contributing to both U.S. and global corporate bond strategies.
This individual will operate within a team-based investment framework, supporting the Senior Investment Grade (IG) Credit Portfolio Manager while contributing to portfolio construction and investment decision-making. The role offers exposure across the credit spectrum, including Investment Grade, High Yield, and Emerging Market Debt, and is well-suited to candidates with portfolio management experience who are comfortable operating withing a collaborative, team-based PM structure. In addition, the role will support select hybrid and cross-sector strategies, contributing to portfolio management across a broader set of mandates. Over time, there is opportunity to take on increased responsibility as part of the broader team structure. This role could be suited for those with credit PM experience or strong hybrid PM/ credit analysts looking to transition into a full portfolio management role.
The primary objective is to support the consistent outperformance of relevant credit benchmarks through disciplined portfolio construction, security selection, and risk management.
Responsibilities
Contribute to the outperformance of credit strategies relative to respective benchmarks
Support portfolio construction across U.S. Fixed Income strategies, with a focus on the U.S. IG market and flexibility to incorporate HY and EMD exposures
Assume day-to-day responsibility for aspects of corporate credit portfolio management, including positioning, monitoring, and performance attribution
Partner closely with the Senior PM to implement investment strategies and relative value decisions
Conduct in-depth market and credit analysis to identify investment opportunities across sectors and regions
Develop and enhance frameworks to support team-based investment decision-making and idea generation
Drive to relative value positioning across sectors, curves, and markets, incorporating both fundamental and technical perspectives
Oversee and refine portfolio risk exposures, including liquidity, positioning, and evolving market dynamics
Work closely with credit analysts, traders, and risk teams to facilitate trade execution, portfolio rebalancing, and cash flow/hedging activities
Collaborate with the global credit platform and centralized sustainability function to integrate ESG considerations into investment decisions
Contribute to cross-sector and cross-market strategy discussions within the broader Fixed Income platform
Assist in the development and design of new flagship product strategies
Basic Qualifications
Awareness of market technicals, investor flows, and cross-market dynamics, alongside fundamental credit analysis
5+ years of investment experience within credit markets, including portfolio management
Experience in global and/or U.S. credit markets; exposure to IG, HY, and/or EMD preferred
Strong understanding of portfolio construction, fixed income instruments, and risk management frameworks
Proven ability to contribute investment ideas and support portfolio performance
Candidates with a credit analyst background and demonstrated experience contributing to portfolio construction and investment decision-making are encouraged to apply
Strong analytical, quantitative, and problem-solving skills
High level of intellectual curiosity, with a disciplined and research-driven investment approach
CFA designation preferred or equivalent educational background
A thorough understanding of portfolio management, including fixed income instruments and the portfolio construction process
Strong project management and problem-solving skills
Personable, collegial and team-oriented
Ability to communicate investment views clearly and concisely across PMs, analysts, and broader stakeholders
Excellent verbal and written skills for presentations and writing thought leadership articles
Preferred Qualifications
Strong analytical and financial modelling. SQL and programming experience (Python, ATP, ATX and R) is a plus
Experience with Aladdin and/or familiarity with data-driven or evolving investment tools and workflows is a plus
Ability to incorporate sustainability considerations into credit analysis and investment decisions, consistent with the broader Schroders credit platform
ADA Schroder Investment Management North America Inc. complies with the Americans with Disabilities Act of 1990.
Compensation Schroders offers a base salary in a range of $175,000 to $250,000 for this position.
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
We Recognize Potential, Whoever You Are Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why 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.
About Us We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
#J-18808-Ljbffr
We are seeking a Credit Portfolio Manager to join Schroders’ U.S. Fixed Income team in New York. The successful candidate will bring investment experience across global and/or U.S. credit markets and play an active role in contributing to both U.S. and global corporate bond strategies.
This individual will operate within a team-based investment framework, supporting the Senior Investment Grade (IG) Credit Portfolio Manager while contributing to portfolio construction and investment decision-making. The role offers exposure across the credit spectrum, including Investment Grade, High Yield, and Emerging Market Debt, and is well-suited to candidates with portfolio management experience who are comfortable operating withing a collaborative, team-based PM structure. In addition, the role will support select hybrid and cross-sector strategies, contributing to portfolio management across a broader set of mandates. Over time, there is opportunity to take on increased responsibility as part of the broader team structure. This role could be suited for those with credit PM experience or strong hybrid PM/ credit analysts looking to transition into a full portfolio management role.
The primary objective is to support the consistent outperformance of relevant credit benchmarks through disciplined portfolio construction, security selection, and risk management.
Responsibilities
Contribute to the outperformance of credit strategies relative to respective benchmarks
Support portfolio construction across U.S. Fixed Income strategies, with a focus on the U.S. IG market and flexibility to incorporate HY and EMD exposures
Assume day-to-day responsibility for aspects of corporate credit portfolio management, including positioning, monitoring, and performance attribution
Partner closely with the Senior PM to implement investment strategies and relative value decisions
Conduct in-depth market and credit analysis to identify investment opportunities across sectors and regions
Develop and enhance frameworks to support team-based investment decision-making and idea generation
Drive to relative value positioning across sectors, curves, and markets, incorporating both fundamental and technical perspectives
Oversee and refine portfolio risk exposures, including liquidity, positioning, and evolving market dynamics
Work closely with credit analysts, traders, and risk teams to facilitate trade execution, portfolio rebalancing, and cash flow/hedging activities
Collaborate with the global credit platform and centralized sustainability function to integrate ESG considerations into investment decisions
Contribute to cross-sector and cross-market strategy discussions within the broader Fixed Income platform
Assist in the development and design of new flagship product strategies
Basic Qualifications
Awareness of market technicals, investor flows, and cross-market dynamics, alongside fundamental credit analysis
5+ years of investment experience within credit markets, including portfolio management
Experience in global and/or U.S. credit markets; exposure to IG, HY, and/or EMD preferred
Strong understanding of portfolio construction, fixed income instruments, and risk management frameworks
Proven ability to contribute investment ideas and support portfolio performance
Candidates with a credit analyst background and demonstrated experience contributing to portfolio construction and investment decision-making are encouraged to apply
Strong analytical, quantitative, and problem-solving skills
High level of intellectual curiosity, with a disciplined and research-driven investment approach
CFA designation preferred or equivalent educational background
A thorough understanding of portfolio management, including fixed income instruments and the portfolio construction process
Strong project management and problem-solving skills
Personable, collegial and team-oriented
Ability to communicate investment views clearly and concisely across PMs, analysts, and broader stakeholders
Excellent verbal and written skills for presentations and writing thought leadership articles
Preferred Qualifications
Strong analytical and financial modelling. SQL and programming experience (Python, ATP, ATX and R) is a plus
Experience with Aladdin and/or familiarity with data-driven or evolving investment tools and workflows is a plus
Ability to incorporate sustainability considerations into credit analysis and investment decisions, consistent with the broader Schroders credit platform
ADA Schroder Investment Management North America Inc. complies with the Americans with Disabilities Act of 1990.
Compensation Schroders offers a base salary in a range of $175,000 to $250,000 for this position.
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
We Recognize Potential, Whoever You Are Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why 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.
About Us We're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
#J-18808-Ljbffr