ABS Portfolio Manager

1 month ago


New York, United States Analytic Recruiting Full time

A quantitatively driven hedge fund specializing in fixed income products is seeking an experienced ABS Portfolio Manager with an exceptional investment track record and 10+ years in a trading or portfolio management position. This person will lead the ABS strategy rooted in a deeply quantitative process, rigorous due diligence, and unique perspective.

Salary: Up to 300k base + bonus

Location: New York, NY (4-5 days/week)

Responsibilities:

  • Produce high-quality risk-adjusted returns trading and investing in all ABS public and private opportunities including, but not limited to: Auto, Unsecured Consumer, Student Loans, Aircraft, Solar, Equipment, Digital Infrastructure, Whole Business, and other esoteric ABS across securities and loans.
  • Identify, filter, analyze, and execute transactions in the ABS market
  • Summarize detailed analysis and considerations for thematic trades and large structured transactions.
  • Refine and evolve processes for generating alpha through cusip selection, relative value, and capitalizing on market dislocations
  • Develop and maintain frameworks for portfolio construction
  • Build and maintain strong relationships with issuers, originators, and sell-side sales, trading & research teams
  • Collaborate with the broader Structured Products investment, research, and quantitative teams
  • Guide technology and modeling teams to develop and improve models and tools spanning risk management, workflow efficiency for securities and transactions, and macro/micro factor scenario modeling

Requirements:

  • The ideal candidate has great academic credentials, including a Bachelors (Masters preferred) in Economics, Mathematics, Statistics or related
  • 15+ years of experience in ABS, and 10+ years of experience in a trading or portfolio management function
  • A well-articulated investment process and demonstrated track record of outperformance
  • A firm understanding of the variety of structured products asset classes
  • Experience managing teams, training and retaining talent, and coordinating with various functions
  • Passion for markets and investing in ABS
  • Growth mindset towards business development
  • Enjoys being an individual contributor within a highly collaborative team and embrace the benefits of overlapping lines of idea generation
  • Excellent verbal and written communication and interpersonal skills
  • Experienced user of third-party platforms such as Bloomberg and Intex

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