ABS Portfolio Manager

A quantitatively driven hedge fund specializing in fixed income products is seeking an experienced ABS Portfolio Manager with an exceptional investment track record and 10 years in a trading or portfolio management position. This person will lead the ABS strategy rooted in a deeply quantitative process, rigorous due diligence, and unique perspective.

Salary: Up to 300k base bonus

Location: New York, NY (4-5 days/week)

Responsibilities:

• Produce high-quality risk-adjusted returns trading and investing in all ABS public and private opportunities including, but not limited to: Auto, Unsecured Consumer, Student Loans, Aircraft, Solar, Equipment, Digital Infrastructure, Whole Business, and other esoteric ABS across securities and loans.
• Identify, filter, analyze, and execute transactions in the ABS market
• Summarize detailed analysis and considerations for thematic trades and large structured transactions.
• Refine and evolve processes for generating alpha through cusip selection, relative value, and capitalizing on market dislocations
• Develop and maintain frameworks for portfolio construction
• Build and maintain strong relationships with issuers, originators, and sell-side sales, trading & research teams
• Collaborate with the broader Structured Products investment, research, and quantitative teams
• Guide technology and modeling teams to develop and improve models and tools spanning risk management, workflow efficiency for securities and transactions, and macro/micro factor scenario modeling

Requirements:

• The ideal candidate has great academic credentials, including a Bachelor’s (Master’s preferred) in Economics, Mathematics, Statistics or related
• 15 years of experience in ABS, and 10 years of experience in a trading or portfolio management function
• A well-articulated investment process and demonstrated track record of outperformance
• A firm understanding of the variety of structured products asset classes
• Experience managing teams, training and retaining talent, and coordinating with various functions
• Passion for markets and investing in ABS
• Growth mindset towards business development
• Enjoys being an individual contributor within a highly collaborative team and embrace the benefits of overlapping lines of idea generation
• Excellent verbal and written communication and interpersonal skills
• Experienced user of third-party platforms such as Bloomberg and Intex