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 Bachelor's (Master's 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