PGIM Public and Private Fixed Income seeks an executive to manage investment risk, oversee the quant research group, and co-manage the portfolio analysis group. The role involves identifying and managing market and credit risks, enhancing risk management analytics, and engaging with clients.
Requirements
- Detailed public and private fixed income market knowledge and understanding of independent information channels that will aid the investment division in their efforts to structure portfolios, identify investment opportunities, and strategically allocate assets to generate strong risk adjusted returns.
- Experience as the senior investment risk officer at a fixed income asset management firm, hedge fund, or the fixed income division of a bank.
- Managed risk and/or quantitative research at a firm with multiple locations around the world and an international suite of products.
- Quant modeling background.
- Portfolio management experience and tech resource leadership.
- Ability to think both strategically and tactically, while proactively managing a diverse group of employees.
Responsibilities
- Manage a risk function that is capable of identifying, assessing and anticipating market and credit risk factors, as well as successfully managing the impact and effects of the evolving regulatory framework within the asset management industry.
- Oversee the ongoing development of the firm’s proprietary modeling capability, supervising all quantitative fixed income research staff.
- Oversee the development of overall risk management analytics, performance attribution capabilities and engage in the development of yield curve, credit, structured product and mortgage modeling.
- Work closely with the Technology Solutions Group to help implement and deliver portfolio risk and analytic tools to the desk.
- Jointly oversee a portfolio analysis group (PAG), which supports the investment process by evaluating portfolio positioning, providing portfolio construction and alignment insight, and analyzing performance drivers across a multitude of investment products and processes to deliver performance attribution.
Other
- Manage a team of 70+ people, requiring strong leadership, mentoring skills, and relationship-building.
- Engage with clients, sharing insights into PGIM’s risk function and capabilities.
- Meet with existing and potential institutional investors on a regular basis to describe PGIM Public and Private Fixed Income’s differentiated risk capabilities and approach.
- Ability to actively work with the desk heads/portfolio managers and create excellent working relations with these parties while maintaining intellectual independence.
- Experience partnering with regulatory affairs and a deep understanding of the impact regulatory changes may have on the business.
- Strong management experience, leading teams of senior and more junior professionals with a track record for developing and mentoring others.
- An entrepreneurial spirit with a hands-on management style able to build upon the existing quantitative research and risk management structure and capabilities.
- Comfortable communicating with clients as a thought leader in the global public and private fixed income investment field.
- An entrepreneurial spirit to bring vision to fruition, leveraging internal teams and identifying resources for implementing an investment risk platform and quant research function.
