Svp, Portfolio Manager, Global Convertible Bonds 15127

The Fixed Income (FI) Department

The Fixed Income department is responsible for managing the fixed income assets of the GIC portfolio and multi-asset strategies. Its universe is global and spans multiple sectors, including global interest rates, currencies, credit, emerging markets, securitized products, convertible bonds, equities and commodities. FI is currently structured into 4 broad functions:

• Portfolio Management (Macro and Credit)
• Systematic Investment Group
• Research and Strategy (Macro and Credit)
• Portfolio Solutions Group

We are seeking an experienced Global Convertible Bond Portfolio Manager, with an emphasis on the US market, to join the growing fixed income team. The individual will provide convertible bond expertise, co-managing portfolios with a convertibles mandate. The successful candidate will have strong institutional experience and a demonstrated track record of uncovering and researching investment ideas, constructing portfolios, and managing risk.

It will be important for the successful candidate to have a thorough understanding of the institutional asset management business and be able to articulate his/her investment philosophy, approach, and process. He/she will work collaboratively with existing Portfolio Managers on portfolio strategy and risk management, as well as monitoring and analyzing convertible exposures in client portfolios. He/she will also partner closely with other members of the Fixed Income and other teams, including research analysts and traders.

Key Responsibilities

• Collaboration & communication: Work in conjunction with internal portfolio managers and research analysts across asset classes as well as meeting with external resources (company management teams, sell-side research analysts, peer network) for market insights, investment idea generation and risk assessments. As this is a global team and function, some evening meetings should be expected.
• Market monitoring: Conduct ongoing evaluation of the global convertible and related markets (equity, credit, rates) and company developments, whether fundamental or technical, and distill information and insights into relevant investment recommendations. Ability to articulate investment recommendations in a clear and concise manner is a must.
• Alpha generation: Generate robust and sustainable returns primarily through investing in convertible securities. Familiarity with synthetic structures as well as idiosyncratic and portfolio hedging strategies a plus.
• Platform Enhancements: Assist in the development and deployment of our portfolio information platform.
• Active risk management through publishing convertible issue analytical reports: This includes preparing research reports across portfolio exposures which collectively covers the investment thesis, company fundamentals, a financial model with stress-testing and a thorough review of the convertible structure itself, including analysis of key features and profile.
• Staff development: Assist with developing, training and mentoring junior investment professionals and support staff.

Requirements

• A master’s degree and/or CFA is preferred.
• An ability to effectively communicate and show strong presentation (both written and verbal) as well as interpersonal skills.
• A minimum of 15 years of investment management experience, with at least 5 years spent directly in a portfolio management function, preferably within the global convertible bond market and with an emphasis on the US-region.
• An Ability to generate and articulate investment recommendations and provide fundamental research support for team portfolio managers.
• A demonstrated track record as a risk-taker that exhibits clear investment skill.
• Strong convertible market knowledge/skillset and ability to make investment decisions that are supported by rigorous analysis.
• Be highly motivated and display an ability to work well within a team.
• A high level of initiative and team orientation, with humility and a keen ability to thrive in a highly collaborative, global environment.

Our compensation philosophy reflects several principles. We strive to provide a competitive compensation package to attract and retain talent globally. We pay for performance, and reward sustainable results.

Total pay for this position comprises base pay and bonus. The anticipated base salary range for this role is between $210,000 and $295,000.

Bonuses, which may form a meaningful proportion of the total pay package, are determined based on company and individual performance.
Our PRIME Values
GIC is a values driven organization. GIC’s PRIME Values act as our compass, enabling us to fulfil our fundamental purpose and objectives. It is the foundational bedrock which governs our behaviors, our decision making, and our focus. It informs both our long-term strategy as a firm, and the way we relate to our Client, business partners and employees. PRIME stands for Prudence, Respect, Integrity, Merit and Excellence.