Portfolio Manager - Credit Investment Group

2d2 days ago

UBS

London, GB · Full-time · £120,000 – £180,000

About this role

The Credit Investments Group manages over $57 billion in non-investment grade credit assets across bank loan, high yield bond and structured product portfolios. CIG is one of the largest leveraged credit managers in the US and Western Europe with teams in New York, London and Zurich.

Investment decisions rest on bottom-up credit selection that has delivered favorable risk-adjusted returns with lower relative volatility than the benchmark for the last 25 years. The process emphasizes rigorous analysis of individual credits within leveraged finance markets.

You will join a full-service group of dedicated career credit professionals who collaborate across portfolio management, research and trading functions. The London team operates within UBS Asset Management’s Investments division and maintains close coordination with New York and Zurich colleagues.

UBS supports career returners and offers flexible working options where possible. The firm uses artificial intelligence to improve efficiency and places collaboration at the center of its inclusive culture.

Requirements

Extensive experience in credit investing focused on leveraged loans, high yield bonds and CLOs
Strong analytical and quantitative skills with proficiency in credit modelling and financial statement review
In-depth understanding of loan documentation, covenants and leveraged finance market practices
Demonstrated ability to manage complex portfolios and make investment decisions under pressure
Excellent communication and presentation skills with experience engaging institutional investors
Familiarity with regulatory frameworks and compliance requirements in asset management
Degree in finance, economics or related field; CFA or equivalent preferred
Decisive and commercially astute with high ethical standards and fiduciary responsibility

Responsibilities

Manage leveraged loan, high yield bond and structured product portfolios including CLOs
Conduct bottom-up credit selection and ongoing monitoring of non-investment grade assets
Build and maintain credit models and perform scenario analysis on individual issuers
Review loan documentation, covenants and market practices in leveraged finance
Make investment decisions under pressure while maintaining fiduciary standards
Present portfolio strategy and performance to institutional investors
Ensure compliance with relevant regulatory frameworks and internal policies