Managing Director, Portfolio Management, Private Debt & Equity (New York or St. Louis)

Reinsurance Group of America, Incorporated•Chesterfield, MO

1d•Hybrid

About The Position

Reporting to the Senior Managing Director, Head of Private Debt & Equity (PD&E), the Managing Director - Management of PD&E, manages and directs all aspects of portfolio management and portfolio risk management for the group’s direct debt and equity investments as well as private equity fund investments. This includes identifying, monitoring, and escalating emerging risks through portfolio surveillance, diversification analysis, watch list management, internal ratings, valuations, non-accruals, development and implementation of allowances and impairment methodology and calculation, internal and external client reporting, and all routine and high-touch portfolio company related activities. This role provides independent, second-line portfolio oversight across PD&E strategies, including direct lending, equity co-investments, and private equity fund investments. Leads quarter-end portfolio monitoring activities -- valuations, internal ratings, non-accruals, and allowance/impairment assessments and prepares reporting for senior management and the Board.

Requirements

Bachelor’s Degree in Arts/Sciences (BA/BS) in economics or finance or equivalent experience
12+ years experience in private credit, direct lending, or private markets portfolio oversight
10+ years management or leadership role
Strong credit analysis, underwriting knowledge, and familiarity with private asset valuations

Nice To Haves

Master’s Degree (MA/MS/MBA)
CFA or progressing towards a CFA
Experience working with private equity firms/sponsors and sponsor-backed credits, including managing communications and information flow
Working knowledge of AI-enabled workflow tools and process automation, with ability to partner with data/technology teams to identify and implement use cases (AI expertise not required)
Experience managing multi‑strategy portfolios
Experience with private credit and private equity portfolio management and workflow software
Experience providing oversight of underperforming positions and remediation planning
Prior experience managing in investment management for insurance client assets
Advanced knowledge and understanding of asset/liability management in an insurance context
Demonstrated track record of superior risk-adjusted investment performance in credit

Responsibilities

Direct all portfolio management activities relating to independent oversight of PD&E portfolios, assessing exposures, performance, concentrations, and adherence to underwriting standards.
Lead development of portfolio management reporting for internal and external clients, including quarterly materials for senior management, executive leadership, and the Board of Directors.
Direct client communications and manage the team to ensure reporting requirements are met, including timely responses to ad hoc reporting requests.
Partner with investment teams and corporate functions to support portfolio construction, performance analysis, and risk governance.
Lead and develop the PD&E portfolio management team.
Provide portfolio analytics to support pacing, allocation, concentration limits, and strategic planning.
Develop and implement processes and procedures to monitor the ongoing credit quality of the PD&E portfolio.
Collaborate with Finance and Operations on liquidity management, valuation inputs, and NAV workflows.
Partner with investment teams to monitor performance, identify trends, and escalate emerging risks.
Develop and evaluate response strategies and recommend actions that prioritize capital preservation.
Oversee and coordinate portfolio actions for amendments, waivers, workouts, and restructurings, including sponsor engagement and documentation follow-up in partnership with investment and legal teams.
Directly and proactively manage and escalate issues as they arise, coordinating with investment teams and corporate functions to drive timely resolution.
Manage and implement internal and external audit policies and procedures relating to PD&E investments.
Manage internal and external audit relationships.
Lead and manage assigned direct reports.
Perform management duties, including hiring training and development, evaluating performance, and coaching.
Foster a positive and engaged work environment.
Mentor associates and provide guidance on professional development.
Manage the creation and maintenance of all software systems to track information related to RGA’s Private Debt and Equity portfolio.