Senior Portfolio Manager, Mortgage Derivatives

2 days ago

Chicago, IL, United States Voya Financial Full-time

Together we fight for everyone’s opportunity for a better financial future. We will do this together — with customers, partners and colleagues. We will fight for others, not against: We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future. We know that reaching this future depends on our actions today. Like our Purpose Statement, Voya believes in being bold and committed to action. We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work. Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision. Are you ready to join a company with a strong purpose and a winning culture?

Job Purpose

The Voya Investment Management (Voya IM) Mortgage Derivatives Team manages approximately $6 billion across a number of portfolios. Its flagship, the Voya Mortgage Investment Fund, is one of the largest and most well‑recognised hedge funds in the mortgage space, run by a deep, tenured team with more than three decades of track record. The team also manages proprietary and external client capital across insurance, real money, and other institutional mandates. Rooted in mortgage derivatives and pre‑payment‑sensitive assets, the team's investment toolkit spans liquid agency MBS, CMO structuring and arbitrage, credit risk transfers, mortgage servicing rights, and non‑agency MBS. The team operates as a levered, total‑return strategy serving a diverse client base. As a Senior Portfolio Manager, you will be a key contributor to the overall performance of the team and help drive superior results, with an initial focus on liquid agency MBS. The successful candidate brings substantial investment experience and a demonstrated track record, buy‑side or sell‑side. Level, title, and compensation are shaped around the candidate's experience and track record. Pay is weighted toward incentive and tied to the investment results. Please Note: This will be an office centric role and will be based in our Atlanta, GA office.



Key Responsibilities
  • Take initiative as an individual risk‑taker to generate, size, and execute investment strategies within securitized products in the context of levered, total‑return portfolios, with an initial focus on liquid agency MBS.
  • Collaborate with the team to integrate individual views into portfolio‑level positioning, contributing to and benefiting from the team's collective expertise and analytical infrastructure.
  • Bring new ideas, perspectives, tools, and markets to the team; the strongest candidates challenge our thinking, look at problems through a novel lens, and are unafraid to be contrarian.
  • Present to clients and senior management, articulate the investment strategy of the portfolios, build and maintain client relationships, and help grow the business.
Qualifications
  • Bachelor's degree with material investment experience and a demonstrated track record, either buy‑side or sell‑side; advanced degree, MBA, and/or CFA a plus.
  • Working knowledge of structured mortgages, mortgage prepayments, OAS modelling, and related markets such as rates, credit, or derivatives; deeper expertise in any subset of securitized products is welcome.
  • Excellent intellectual capacity with strong skills in generating ideas and conducting research; confidence to make judgments regarding structure, risk, and valuation; a proactive, can‑do attitude undaunted by ambiguity and focused on adding value beyond a strict job definition.
  • Excellent organisational and communication ability; strong written and oral presentation capabilities; exemplary interpersonal and client‑facing skills.
  • Values consistent with Voya's, including strong ethics and integrity, accountability, teamwork, and passion for the client.
Additional Information

This position may require both domestic and international travel.

Compensation Pay Disclosure

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long‑term incentives) based on the role to reward the achievement of annual performance objectiv