What are the responsibilities and job description for the VP, Sr. Portfolio Manager - Private Asset-Backed Finance position at Western & Southern Financial Group?
JOB SUMMARY
The Vice President, Senior Portfolio Manager - Private Asset-Backed Finance (ABF) is responsible for developing, growing and managing a portfolio of Private ABF investments primarily for W&S insurance asset-liability management and surplus portfolios with the primary goals of income generation and capital preservation. The associate will partner with the public Securitized Fixed Income team with respect to both sector allocations and security selection.
Responsibilities:
Manages and prioritizes a pipeline of private ABF opportunities through a developed and approved business strategy.
Manages all transactional aspects of the end-to-end process of negotiating, structuring and closing asset-based finance transactions
Presents and reinforces the rationale for the investment to the Investment Committee
Leads and participates in pitching, evaluating, structuring, executing, managing and closing all aspects of ABF transactions.
Provides ABF execution expertise/guidance to other members of the investment team.
Drives issuer engagement and originates opportunities.
Develops and maintains relationships with external counterparties and internal partners.
Identifies, researches and analyzes potential new asset classes.
Drives effective monitoring and reporting of the private asset backed ABF portfolio.
Liaises with Legal, Accounting, Operations, Compliance and Risk departments on various transactions
Performs other duties as assigned.
Complies with all policies and standards.
Qualifications:
Finance or quantitative related field
Master's Degree
Finance or quantitative related field
Strong working experience with credit rating agencies and legal teams used in ABF financings and underwritings.
Experience across various ABF collateral types (commercial and consumer) - specifically structuring to achieve long-term capital efficiency for insurance clients.
Prior and successful experience generating collateral performance assumptions, evaluating credit risk and negotiating deal terms.
Works in an office setting and remains in a stationary position for long periods of time while working at a desk, on a computer or with other standard office equipment, or while in meetings.
Requires the ability to verbally communicate and exchange accurate information to customers and associates on a regular basis.
Requires visual acuity to read and interpret a variety of correspondence, procedures, reports and forms via paper and electronic documents, visual inspection involving small defects; small parts, and/or operation of machinery (including inspection); using measurement devices continuously. Visual acuity is required to determine accuracy, neatness, and thoroughness of work assigned.
Requires the ability to prepare written correspondence, reports and forms using prescribed formats and conforming to rules of punctuation, grammar, diction, and style on a regular basis.
Requires the ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions
Performs substantial movement of wrists, hands, and fingers for continuous computer work.
Extended hours required during peak workloads or special projects/events.
Benefits:
Health Insurance, 401K Plan, Pension PlanSalary : $104,285 - $171,530