Long/Short Credit Portfolio Manager

Selby Jennings; New York (NY); On-site; USD 350,000 - 550,000; Full time

Job summary

Selby Jennings is seeking a Senior Long/Short Credit Portfolio Manager to join its expanding credit business. The successful candidate will be PM-caliber with approximately 10+ years of experience generating alpha through discretionary investing across corporate credit markets.

The team seeks individuals who can originate, size, and manage long and short credit positions while maintaining a disciplined, repeatable investment process and delivering alpha across cycles.

Qualifications

• Approximately 10+ years of corporate credit investing experience.
• Proven ability to originate and size long/short credit positions.
• Strong track record of generating alpha through a repeatable process.

Responsibilities

• Generate and manage high-conviction long and short credit investments across global markets.
• Construct and oversee portfolios using IG/High Yield bonds, CDS, and hedging tools.
• Develop investment theses based on fundamental, relative value, and catalysts.
• Manage risk, sizing, and capital allocation for consistent risk-adjusted returns.
• Evaluate earnings, capital structure developments, M&A, and macro trends.
• Monitor market dynamics and collaborate with research, trading, and risk teams.

Skills

Credit portfolio management

Long/Short credit investing

Risk management

Investment process development

Discretionary investing

Communication of investment philosophy

Job description

A leading global investment platform is seeking a Senior Long/Short Credit Portfolio Manager to join its expanding credit business.

The successful candidate will be a PM-caliber investor with approximately 10+ years of experience generating alpha through discretionary investing across corporate credit markets. The team is interested in individuals with a demonstrated ability to originate, size, and manage long and short credit positions while maintaining a disciplined and repeatable investment process.

This role is best suited for a senior credit investor who has built a repeatable edge within corporate bonds and/or CDS markets and is looking to leverage that expertise within a highly resourced, institutional investment platform. The successful candidate will be capable of generating independent investment ideas, managing risk effectively, and delivering consistent alpha across market cycles.

A leading global investment platform is seeking a Senior Long/Short Credit Portfolio Manager to join its expanding credit business.

The successful candidate will be a PM-caliber investor with approximately 10+ years of experience generating alpha through discretionary investing across corporate credit markets. The team is interested in individuals with a demonstrated ability to originate, size, and manage long and short credit positions while maintaining a disciplined and repeatable investment process.

This role is best suited for a senior credit investor who has built a repeatable edge within corporate bonds and/or CDS markets and is looking to leverage that expertise within a highly resourced, institutional investment platform. The successful candidate will be capable of generating independent investment ideas, managing risk effectively, and delivering consistent alpha across market cycles.

Key Responsibilities

• Generate and manage high-conviction long and short credit investments across global corporate credit markets.
• Construct and oversee portfolios utilizing:
  • Investment Grade & High Yield Corporate Bonds
  • Single-Name CDS
  • Credit Indices and related hedging instruments
• Develop investment theses based on fundamental, relative value, technical, and catalyst-driven opportunities.
• Manage portfolio risk, sizing, and capital allocation with a focus on consistent risk-adjusted returns.
• Evaluate earnings, refinancing activity, capital structure developments, liability management transactions, M&A events, and macroeconomic trends.
• Monitor market technicals, liquidity dynamics, and positioning to identify dislocations and trading opportunities.
• Collaborate with internal research, trading, and risk teams to strengthen investment decision-making.

Candidate Profile

• Approximately 10+ years of experience in corporate credit investing.
• Proven track record as a:
  • Credit Portfolio Manager
  • Senior Long/Short Credit Investor
  • Relative Value Credit PM
  • Senior Credit Trader managing meaningful risk
• Deep expertise in:
  • Corporate Bonds
  • Credit Default Swaps (CDS)
• Strong understanding of portfolio construction, risk management, credit fundamentals, valuation, and market technicals.
• Demonstrated ability to generate differentiated investment ideas and monetize them through a repeatable process.
• Strong communication skills and the ability to articulate investment philosophy, portfolio construction, and historical performance.