Senior High Yield Credit Portfolio Strategist
3 days ago
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 RoleThe 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
- 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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