The Global Fixed Income, Currency and Commodities team (GFICC) at J.P. Morgan Asset Management is one of the world’s deepest and best-resourced fixed income managers, with expertise across all major fixed income sectors, including niche markets. Every investment decision in our fixed income solutions is underpinned by the proprietary research of a globally integrated team of sector specialists. Our shared research language, combining fundamental, quantitative valuation and technical inputs, facilitates the comparison of ideas across sectors and geographies. Global Fixed Income, Currency and Commodities manages a broad range of strategies, through funds and/or separate accounts, including broad market, long duration, stable value, intermediate high yield, emerging market debt, short and ultra-short duration, global bonds, structured products, mortgages and tax-aware strategies.  J.P. Morgan Asset Management’s Customized Bond Portfolio (CBP) team manages more than $160 billion of assets across the strategies mentioned above. 

As a High Yield Portfolio Manager within the Global Fixed Income, Currency & Commodities (GFICC) team, you will be responsible for designing, constructing, and implementing separately managed high yield credit portfolios.  You will work closely with a team of deeply experienced fundamental credit research analysts and traders.  You will be responsible for providing analysis of portfolio positioning, sector allocations, key risk metrics, and determining account & portfolio suitability of securities for participation in investment recommendations. You will develop and optimize portfolios to outperform client defined benchmarks utilizing relative value, macro, and microeconomic analysis. 

Job Responsibilities

Perform high yield credit investing with an emphasis on risk/return analysis, individual security selection, and limiting downside risk  Construct and continually monitor diversified portfolios designed to outperform client defined benchmarks and/or meet specific client objectives Provide analysis of portfolio positioning, sector allocations and key risk metrics Study market commentary, research opinions, and economic forecasts to assist in determining strategic and tactical portfolio level strategy Actively participate and represent the platform’s philosophy, process & strategy styles at client, consultant and internal meetings Participate in the design, development and implementation of new business processes, technologies and workflows using your industry and asset class-specific knowledge

 

Required qualifications, capabilities and skills 

Minimum 7+ years of credit portfolio management experience, specifically within levered/extended credit   Idea generation and implementation in risk budgeting, analysis, portfolio sector allocations and trading skills are all important to success in this position Strong aptitude to identify and minimize investment/business risk Ability to promote and explain investment decisions and processes in front of prospective clients, consultants and internal stakeholders Strong aptitude in desktop technology/productivity tools such as Excel.  VBA, Python or other coding Bachelor’s degree in Business, Finance, Economics or related field 

 

Preferred qualifications, capabilities and skills

CFA designation and/or a postgraduate degree preferred Experience with portfolio management tools such as Bloomberg, Investortools/Perform Strong preference for individuals with prior fundamental credit research experience