Junior Portfolio Manager

BNP Paribas Asset Management; New York (NY); On-site; USD 90,000 - 145,000; Full time

Job summary

BNP Paribas Asset Management in New York is seeking a portfolio management professional to oversee US structured finance funds, including hedge funds and long-only mandates, providing support and taking leadership on simpler sleeves while contributing to new fund development.

You will collaborate with analysts, operations, risk and compliance to implement investment objectives, prepare monthly risk and performance reports, and participate in client engagements.

Qualifications

• Bachelor's degree in finance, economics, mathematics, accounting, engineering or a related field.
• About 2–4 years of experience in Structured Finance or Fixed Income, High Yield.
• Proficiency in Fixed Income modelling and data analysis.
• Excellent verbal and written skills.
• Ability to work independently and as part of a team.

Responsibilities

• Oversee long-only portfolios or sleeves with analysts and stakeholders (operations, risk, compliance).
• Prepare monthly risk and performance reports for the funds.
• Create marketing materials reflecting up-to-date performance and economic data.
• Conduct market research and manager due-diligences.
• Manage daily operations for the funds (trade booking) and review monthly valuation reports.
• Lead operational and structuring projects, negotiating financing and derivatives contracts.
• Participate in development of new funds, including pitches, portfolio modeling and client engagement.

Skills

Excel

PowerPoint

Education

Bachelor's degree in finance

Job description

Job Purpose

To assist in managing our current portfolios of US structured finance funds (including hedge funds and long-only mandates), providing portfolio management support on some funds while taking a leadership role on more straightforward ones, and contributing to the development of new funds for our platform.

Key Accountabilities

• Portfolio Management: Oversee long-only portfolios or sleeves in collaboration with analysts and all relevant stakeholders (operations, risk, compliance, etc.). Implement investment objectives defined in conjunction with clients and deploy capital by weighing analysts' recommendations, market timing, and risk/return considerations.
• Monitoring & Reporting : Assist in the management and monitoring of portfolios of US structured finance instruments. Prepare comprehensive reports for the funds, specifically in the areas of risk and performance, by generating and updating reports on a monthly basis.
• Marketing: Create marketing materials that reflect up-to-date performance and relevant economic data to support the platform's marketing efforts.
• Research: Conduct market research, attend conferences, perform manager due-diligences and analyze specific assets and asset classes held by the fund, in an effort to better understand them and provide timely/relevant information.
• Supervise Operations: Manage daily operations for the funds (such as trade booking), oversee the middle office, and review monthly valuation reports prepared by the administrator.
• Lead operational / structuring projects: Drive operational improvements & structuring projects (negotiation of financing and derivatives contracts), maintaining fund positions in systems and supervising fund expenses.
• Launch New Funds: Participate in the development of new products for our US platform. This includes designing pitches and presentations, modeling portfolios, engaging with clients to understand their needs, and evolving into the portfolio manager role for newly launched products.

Role Requirements

Education/Qualifications

• Bachelor's degree in finance, Economics, Mathematics, Accounting, Engineering or a related field.

Experience

• About 2 to 4 years ideally in Structured Finance or Fixed Income, High Yield

Knowledge and Skills

• Excellent verbal and written skills
• Result oriented with a growth mentality
• Proficiency in Fixed Income financial modelling and data analysis
• Strong analytical and quantitative skills required
• Ability to work independently and as part of a team

Competencies

• Excel & Power Point

The pay range for this position is from $90000 to $145 000. Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.