Senior Director, Securitized Products Credit Research

LSTA; Newark (NJ); Hybrid; USD 150,000 - 200,000; Full time

Job summary

LSTA is looking for a Senior Director in Newark, NJ, to join the Securitized Products group. This role is centered on CLO credit strategies, requiring close collaboration with portfolio management teams to analyze and monitor investments.

The successful candidate will be responsible for evaluating CLO structures, conducting investment surveillance, and contributing to the overall investment strategy. This position offers a hybrid work environment, balancing on-site and remote work.

Qualifications

• Extensive knowledge of CLO credit strategies.
• Strong analytical skills for evaluating CLO collateral and structures.
• Ability to conduct market research and assess macroeconomic trends.

Responsibilities

• Analyze CLO investments and monitor portfolio positions.
• Conduct surveillance on existing investments and assign credit ratings.
• Evaluate relative value opportunities in the market.
• Collaborate with external participants for due diligence and execution.

Job description

Senior Director, Securitized Products Credit Research

Location:Newark, NJ/Hybrid

A research position within the Securitized Products group of PGIM Fixed Income focused on CLO credit strategies. The successful candidate will work closely with portfolio management teams to analyze CLO investments, monitor portfolio positions, and contribute to investment decision-making. Responsibilities include analyzing CLO collateral and structures, conducting surveillance on existing investments, assigning and maintaining internal credit ratings, and evaluating relative value opportunities. The role also involves assessing CLO collateral managers, integrating macroeconomic and sector trends, and contributing to investment strategy and portfolio positioning. The candidate will collaborate with internal teams and external market participants including investment banks, rating agencies, and trustees, to support due diligence, transaction execution, and ongoing market insight.