Overview
As a senior Portfolio Manager in the Securitized Products team in London, you will manage EUR, GBP and AUD-denominated securitized assets across RMBS, ABS and CMBS for global clients. You’ll collaborate with US and London research teams, and act as a key market contact for dealers and issuers. You’ll generate relative-value ideas, oversee risk budgeting and capital structure positioning, and ensure regulatory compliance. This role offers exposure to European and Australian markets and a path to leadership and mentorship within a global platform.
Pay / Benefits
- Private medical insurance
- Annual leave 25–28 days
- Retirement savings plan with company and employee contributions
- Life assurance & income protection
- Disability and long-term coverage
Responsibilities
- Actively manage portfolios of EUR, GBP and AUD securitized assets across RMBS, ABS and CMBS
- Oversee sub-sector sleeve allocation, security selection, position sizing, and trade execution within risk budgets and client guidelines
- Generate and articulate relative-value ideas across sectors, currencies, and capital structures
- Source opportunities via buy-side/sell-side networks and direct relationships; negotiate favorable terms as anchor investor
- Ensure compliance with UK/EU securitisation regulation, STS eligibility, and client capital constraints
- Collaborate with Securitized Products research for collateral surveillance and event-driven review
- Contribute to weekly desk head meetings and relative-value forums shaping investment strategy
- Represent Securitized Products to clients and prospects in reviews, RFPs, and market commentary
- Maintain high ethical standards and mutual respect within the team; mentor junior professionals in London
Key requirements
- BA/BS degree required; MBA, MS and/or CFA preferred
- Significant investment experience in securitized products with portfolio management or risk-taking track record
- Deep expertise in European securitized markets (UK, NL, IE, ES, IT) with preferred AUD-denominated exposure
- Strong knowledge of UK/EU securitisation regulation, Solvency II/UK treatment, and cross-jurisdiction accounting and rating considerations
- Established relationships with dealers, issuers, originators, servicers and arrangers in Europe and Australia
- Ability to interpret legal docs (offering Circulars, servicing agreements, intercreditor arrangements)
- Excellent written and verbal communication; capable of presenting to committees, clients, and consultants
- Highly organized, detail-oriented, able to manage multiple priorities across time zones
- Experience mentoring investment professionals in a senior role
- Excellent written and verbal communication
- Strong organizational and time-management abilities
- Collaborative and team-oriented mindset
- Portfolio management of securitized products (RMBS/ABS/CMBS)
- Cross-market relative-value analysis
- Regulatory and compliance navigation (Securitisation, STS)
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