Senior High Yield Credit Portfolio Strategist

3 days ago


London, Greater London, United Kingdom Laz Partners Full time
Job Overview

We are seeking an experienced Senior High Yield Credit Portfolio Strategist to join our team at Laz Partners. As a key member of our fixed income/credit teams, you will play a crucial role in managing global high-yield portfolios and driving strong alpha generation across the fund range.

About the Role

The ideal candidate will have at least 5 years of direct risk-taking experience as a PM or Co-PM in HY credit, with strong attribution to performance. You will be responsible for analyzing credit fundamentals, identifying opportunities across sectors and capital structures, and implementing risk management strategies to minimize drawdowns.

Key Responsibilities
  • Co-manage global HY portfolios with a focus on consistent outperformance relative to benchmarks
  • Analyze credit fundamentals to identify opportunities across sectors and capital structures
  • Take calculated risk positions across HY, including CCC-rated credits, to drive strong alpha generation across the fund range
  • Implement risk management strategies to minimize drawdowns
  • Collaborate closely with Credit Research & Trading teams across the firm in London and globally
  • Contribute to the development of long-term strategies for expanding and optimizing the HY portfolio range
Requirements & Qualifications:
  • At least 5 years of direct risk-taking experience as a PM or Co-PM in HY credit, with strong attribution to performance
  • Familiarity with US HY markets, including sector trends & capital structures (ideally from running portfolios with at least 25%-30% exposure to US HY Credit)
  • Proven experience managing Global High Yield Credit portfolios, while working closely with credit analysts & trading teams
  • Proven ability to manage portfolios trading across the HY spectrum (including experience and confidence trading CCC/B names)
  • Strong understanding of credit fundamentals and advanced risk management frameworks
  • Experience managing through periods of market stress (ideally multiple credit cycles) is considered a plus
  • Strong communication & presentational skills


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