Portfolio Manager, Private Credit

Transamerica•Philadelphia, PA

1d•Hybrid

About The Position

Manage and support the selection, onboarding, and ongoing oversight of third-party asset managers, with a primarily focus on Direct Lending and other Private Credit strategies. Lead and/or support key investment activities such as portfolio construction, risk monitoring, and day-to-day portfolio management to ensure alignment with objectives, risk parameters, and performance expectations.

Requirements

Bachelor’s degree in Finance, Economics, Accounting, or a related field
Eight years of progressive experience investing in Private Credit asset classes
Experience conducting investment and operational due diligence on asset managers and identifying best practices across a range of strategies and instruments
Demonstrated ability to due diligence new investment opportunities by leveraging deep knowledge of private markets, asset managers, asset classes, and investment frameworks within life insurance organizations.
Knowledge of insurance investment concepts, regulatory frameworks, and risk-based capital requirements
Advanced Excel skills for sourcing, managing, and analyzing data for ad hoc requests, formal projects, and reporting
Proficiency in PowerPoint, including preparation of executive-ready presentations
Strong written and verbal communication

Nice To Haves

Experience managing a large General Account portfolios
Experience using agentic AI to improve or expand investment capabilities
Experience using and creating Microsoft Power BI dashboards

Responsibilities

Manage the selection, diligence, onboarding, and ongoing oversight of third-party asset managers.
Assist with due diligence of individual investment opportunities and new investment strategies, including underwriting, documentation review, and committee presentations.
Support the development and implementation of investment and risk management strategies, portfolio optimizations, and portfolio construction.
Monitor mandates, managers, deployment, guidelines, compliance, risk, and performance for the Private Credit portfolio.
Maintain market intelligence on Private Credit asset classes, trends, and relative value.
Lead reporting and portfolio management tools, evaluate and onboard new technologies.
Partner with internal and external stakeholders to lead strategic initiatives focused on delivering superior investment results and maximizing value creation.

Benefits

Competitive Pay
Bonus for Eligible Employees
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs