Senior Investment Manager, Private Credit - Private Markets, Asset Management

Phoenix Group; City Of London; Hybrid; GBP 135,000 - 165,000; Full time

Job summary

A leading asset management firm in London seeks a Senior Investment Manager to join their Private Credit team. This role involves sourcing and executing private credit investments while mentoring junior staff. The ideal candidate will have extensive experience in private credit and a strong investment track record. The position offers a hybrid work model with a competitive salary ranging from £135,000 to £165,000 plus excellent benefits.

Benefits

Asset Management bonus

Private medical insurance

Electric vehicle scheme

38 days holiday

Income protection

Qualifications

• Proven experience within an asset manager, an asset owner, or an investment bank.
• Extensive experience in private credit and/or private placements.
• Demonstrable investment track record.

Responsibilities

• Source, assess and execute new private credit investment opportunities.
• Undertake credit analysis on new investment opportunities.
• Review and negotiate legal documentation to mitigate credit risks.

Skills

Strong analytical skills

Excellent negotiation skills

Problem-solving ability

Stakeholder management

Collaborative working

Education

Bachelor or Master of Science

Job description

Senior Investment Manager, Private Credit - Private Markets, Asset Management

London, England, United Kingdom (Hybrid)

Job Description

We have an incredible opportunity to join us here at Phoenix Group as a Senior Investment Manager to join the Private Credit team within Private Markets and Asset Management.

Job Type: Permanent
Location and flexible working: This role is based in our London office, with some flexibility to work between the office and home. We recognise the benefits of flexible working and will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary and benefits: £135,000 - £165,000 (subject to experience) + Asset Management bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.

About Us

We want to be the best place that any of our 6,600 colleagues have ever worked. We're Phoenix Group, we're a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.

The Role

The Senior Investment Manager is to work as part of the Private Credit team within Private Markets. This role, reporting to the Head of Private Credit, has three areas of focus:

• Being a leader within the Private Markets team and the Asset Management business unit for originating, structuring & executing private debt investments across Corporates (including infrastructure), Financials, Fund Finance, Housing associations
• Being able to service the Shareholder requirements and support the Policyholder assets as a Subject Matter Expert (SME), primarily for high grade but also for high yield opportunities
• Guiding and mentoring more junior members of the Private Markets team

The successful candidate will be a key contributor to a team with wide ranging responsibilities across Private Markets contributing directly to achieving Phoenix's key strategic objectives. The individual is to be recognised internally and externally as a Subject Matter Expert, and a leader on direct debt investments with far reaching impact across Asset Management.

Key Responsibilities

• Source, assess and execute new private credit investment opportunities through a variety of channels including banks, brokers, advisors, sponsors and borrowers
• Undertake credit analysis on new investment opportunities
• Generate additional yield on the group's investment assets by using relative value analysis to identify investment opportunities that deliver material illiquidity premium
• Review and negotiate legal documentation, supported by internal and external counsels, to mitigate credit risks and enhance downside protections
• Be a prime contact for existing and future investee companies
• Contribute to and lead strategic projects to further expand the opportunity set of Private Markets
• Represent Phoenix Asset Management externally and be an SME in key internal forums
• Be a role model and a mentor for more junior team members

What We're Looking For

Experience

Essential (minimum criteria)

• Proven experience within an asset manager, an asset owner, an investment bank or an advisor
• Extensive experience in private credit and/or private placements, investment origination, credit underwriting and negotiation of legal terms
• Proven ability to manage deal execution from inception through to closing and monitoring
• Demonstrable investment track record
• Stakeholder management and collaborative working, including with senior management

Experience of managing loan workouts

Knowledge and experience of Solvency II regulation

Leadership and team management skills

Qualifications

• Bachelor or Master of Science
• Actuarial or other financial professional qualifications beneficial but not required (e.g. CFA, CQF)

Personal Attributes and Skills

• Strong analytical skills, problem-solving ability and research capabilities
• Excellent negotiation and presentation skills
• Ability to collaborate and communicate effectively with senior internal and external stakeholders, with strong influential capability
• Highly collaborative, proactive and flexible contributor in a dynamic and agile team
• Ability to utilise influence to drive projects and outcomes
• Comfortable working within a fast-paced environment

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.