Fixed Income Portfolio Manager, Bank Loans

Wellington Management • Boston, MA

30d • Onsite

About The Position

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. THE POSITION Wellington (WMC) currently manages $524 billion in fixed income assets on behalf of our clients worldwide. The Leveraged Credit team manages approximately $37 billion in assets across its book of business, spanning high yield bonds (Global and US), bank loans (including CLO collateral management), and convertibles. Within our Leveraged Credit team, we are seeking an experienced Fixed Income Portfolio Manager (Bank Loans) in our Boston office to take on portfolio management responsibilities for our $5 billion bank loan book of business, including dedicated bank loan client portfolios, CLO collateral pools, a 40 Act mutual fund, and bank loan allocations within our multi-sector FI approaches. The ideal candidate will have experience managing institutional bank loan portfolios with a conservative, bottom-up style. The portfolio manager will also work within our broader Leveraged Credit team to help drive the expansion of our Leveraged Credit platform, as a thought partner to the rest of the Leveraged Credit team and as an externally focused, commercial presence interacting with clients across institutional and retail channels to drive sales. The portfolio manager will work with and be supported by other members of the Fixed Income team including credit research analysts, risk managers, traders, product managers, and our CLO management team.

Requirements

• Strong credit and quantitative portfolio management skills.
• At least 10 years of demonstrated track record in an investment role successfully analyzing and investing in bank loans and prior experience managing CLOs.
• Ability to make investment decisions supported by rigorous analysis and communicated with conviction
• Established track record in bank loans and experience managing sizeable portfolios
• Ability to dynamically assess and analyze volatile or distressed credits; risk management experience is a plus
• Proven interpersonal skills and experience in a collaborative, team-based, results-oriented environment
• Humility and a strong desire to learn from and with other investors
• Strong presentation skills - ability to communicate investment decisions and strategy to clients and colleagues
• Strong quantitative skills and willingness to embrace technology
• Ability and willingness to travel
• Commercial and growth mindset
• Undergraduate degree with a strong academic record

Nice To Haves

• MBA/CFA preferred

Benefits

• At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles.
• Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits.
• The base salary range for this position is: USD 100,000 - 225,000
• This range takes into account the wide range of factors that are considered when making compensation decisions, including but not limited to skill sets; role; skills and experience; certifications; and education.
• This range is an estimate, and further details on salary and total compensation aspects will be shared with candidates during the recruitment process.
• Base salary is only one component of Wellington’s total compensation approach.
• Other rewards may include a discretionary Corporate Bonus and/ or Incentives, if eligible.
• In addition, we offer a comprehensive and high value benefit package to meet the unique needs of our employees and their families , and we are committed to fostering a flexible work environment that enables employees to thrive personally and professionally.
• Examples of our benefits include retirement plan, health and wellbeing, dental, vision, and pharmacy coverage, health savings account, flexible spending accounts and commuter program, employee assistance program, life and disability insurance, adoption assistance, back-up childcare, tuition/CFA reimbursement and paid time off (leave of absence, paid holidays, volunteer, sick and vacation time).

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees