What are the responsibilities and job description for the Associate Portfolio Manager Convertible Arbitrage Strategy position at Confidential Company?
Firm Overview:
We are an $8.5 billion institutional asset manager based in Midtown, New York, with an office in London. We have a high-quality global reputation as a market leader and a 25 year record of strong performance focused on convertibles and credit securities. We operate with a strong, performance-driven, entrepreneurial culture.
Position Overview:
The Associate Portfolio Manager will work closely with the Portfolio Manager(s) on the convertible arbitrage hedge fund, supporting all aspects of portfolio construction, investment research, risk oversight, and trade execution. The role is designed for an investment professional who has experience in trading convertible arbitrage for 3-5 years with strong credit research skills. This position is intended as a medium-term development role towards full PM responsibilities.
Responsibilities:
- Assist with managing day-to-day operations of the convertible arbitrage portfolio, including portfolio construction, trade execution, and idea generation.
- Monitor portfolio exposures, risk concentrations, drawdowns, liquidity profiles, and factor sensitivities.
- Assist in evaluating hedging strategies and portfolio adjustments in response to market conditions.
- Review trade outcomes and contribute to ongoing performance attribution.
- Analyze portfolio performance and attribution at the security, sector, and portfolio level.
- Prepare internal portfolio analytics, risk summaries, and investment commentary for marketing purposes.
Requirements:
- 3-5 years of convertible arbitrage experience.
- Bachelor’s degree required in Finance, Economics, Mathematics, Engineering, or a related field.
- CFA designation or progress toward CFA strongly preferred.
- Strong understanding of credit markets, capital structures, and portfolio risk management.