Portfolio Manager, Structured and Real Estate (Hybrid Philly)

Transamerica•Philadelphia, PA

3d•Hybrid

About The Position

This high-visibility role will support the selection, onboarding, and oversight of third-party asset managers, with a focus on structured assets and real estate, including RMBS, CMBS, CLOs, Public ABS, Private ABF, residential and commercial real estate whole loans, and other related strategies. In addition, the role will support and/or lead various functions, including the due diligence of individual assets and investment strategies, portfolio construction, quantitative asset modeling, and day-to-day portfolio management.

Requirements

6-8 years of progressive experience in vesting in public and private structured assets and real estate debt
Experience underwriting and/or diligencing complex private structured credit transactions
Experience working with complex transaction structures, reviewing documentation, and evaluating collateral
Excellent modeling and analytical skills, including modeling cashflow waterfalls, collateral pools, and individual assets
Familiarity with insurance investment concepts, insurance regulatory frameworks, and risk-based capital
Advanced Excel skills and prior experience working with Intex and/or Trepp with a focus on modeling
Bachelor's Degree in a quantitative discipline

Nice To Haves

Experience managing a large general account portfolio
Experience using agentic AI to improve or expand investment capabilities

Responsibilities

Support the selection, diligence, onboarding, and ongoing oversight of third-party asset managers
Support and/or lead the due diligence of individual investment opportunities and new investment strategies, including underwriting, documentation review, and committee presentations
Support and/or lead the day-to-day management of the structured asset and real estate portfolio
Support and/or lead the development and implementation of investment and risk management strategies, portfolio optimizations, and portfolio construction
Monitor market developments, conduct in-depth sector and collateral research, and formulate investment views to support the management of the portfolio
Lead the development of quantitative modeling frameworks, portfolio management tools, and the onboarding and integration of 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
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
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