Portfolio Manager

Schroders•New York, NY

14h•$175,000 - $250,000

About The Position

We are seeking a Credit Portfolio Manager to join Schroders’ U.S. Fixed Income team in New York. The successful candidate will bring investment experience across global and/or U.S. credit markets and play an active role in contributing to both U.S. and global corporate bond strategies. This individual will operate within a team-based investment framework, supporting the Senior Investment Grade (IG) Credit Portfolio Manager while contributing to portfolio construction and investment decision-making. The role offers exposure across the credit spectrum, including Investment Grade, High Yield, and Emerging Market Debt, and is well-suited to candidates with portfolio management experience who are comfortable operating withing a collaborative, team-based PM structure. In addition, the role will support select hybrid and cross-sector strategies, contributing to portfolio management across a broader set of mandates. Over time, there is opportunity to take on increased responsibility as part of the broader team structure. This role could be suited for those with credit PM experience or strong hybrid PM/ credit analysts looking to transition into a full portfolio management role. The primary objective is to support the consistent outperformance of relevant credit benchmarks through disciplined portfolio construction, security selection, and risk management.

Requirements

Awareness of market technicals, investor flows, and cross-market dynamics, alongside fundamental credit analysis
5+ years of investment experience within credit markets, including portfolio management
Experience in global and/or U.S. credit markets; exposure to IG, HY, and/or EMD preferred
Strong understanding of portfolio construction, fixed income instruments, and risk management frameworks
Proven ability to contribute investment ideas and support portfolio performance
Candidates with a credit analyst background and demonstrated experience contributing to portfolio construction and investment decision-making are encouraged to apply
Strong analytical, quantitative, and problem-solving skills
High level of intellectual curiosity, with a disciplined and research-driven investment approach
CFA designation preferred or equivalent educational background
A thorough understanding of portfolio management, including fixed income instruments and the portfolio construction process
Strong project management and problem-solving skills
Personable, collegial and team-oriented
Ability to communicate investment views clearly and concisely across PMs, analysts, and broader stakeholders
Excellent verbal and written skills for presentations and writing thought leadership articles

Nice To Haves

Strong analytical and financial modelling. SQL and programming experience (Python, ATP, ATX and R) is a plus
Experience with Aladdin and/or familiarity with data-driven or evolving investment tools and workflows is a plus
Ability to incorporate sustainability considerations into credit analysis and investment decisions, consistent with the broader Schroders credit platform

Responsibilities

Contribute to the outperformance of credit strategies relative to respective benchmarks
Support portfolio construction across U.S. Fixed Income strategies, with a focus on the U.S. IG market and flexibility to incorporate HY and EMD exposures
Assume day-to-day responsibility for aspects of corporate credit portfolio management, including positioning, monitoring, and performance attribution
Partner closely with the Senior PM to implement investment strategies and relative value decisions
Conduct in-depth market and credit analysis to identify investment opportunities across sectors and regions
Develop and enhance frameworks to support team-based investment decision-making and idea generation
Drive to relative value positioning across sectors, curves, and markets, incorporating both fundamental and technical perspectives
Oversee and refine portfolio risk exposures, including liquidity, positioning, and evolving market dynamics
Work closely with credit analysts, traders, and risk teams to facilitate trade execution, portfolio rebalancing, and cash flow/hedging activities
Collaborate with the global credit platform and centralized sustainability function to integrate ESG considerations into investment decisions
Contribute to cross-sector and cross-market strategy discussions within the broader Fixed Income platform
Assist in the development and design of new flagship product strategies