Deutsche Bank
Employer:
DWS Group
Title:
Portfolio Manager - High Yield Fixed Income
Location:
New York
Job Code:
#LI-MB1 #LI-03
About DWS Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.
Join us at DWS, and you can be part of an industry‑leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.
We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.
As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.
This is your chance to invest in your future.
Team / Division Overview The Fixed Income Solutions Team is a key part of DWS Americas, overseeing approximately $80 B in actively managed fixed income assets. The team primarily covers multi‑sector investment strategies for insurance companies and arranges short‑duration solutions for institutional clients. The team is seeking a candidate to join the team based in New York.
Role Details As a High Yield Fixed Income Portfolio Manager, you will:
Be part of a team managing institutional high‑yield fixed income assets focusing on various strategies including ALM, total return, and maximizing book income.
Monitor the public bond market, assess relative value, and provide investment recommendations for specific securities that are aligned with the high‑yield strategy of the portfolios.
Monitor portfolios and maintain target duration and credit allocation. Ensure portfolios are within their guidelines.
Support the Senior Portfolio Manager and assist the team with market data as well as portfolio‑specific reports.
Contribute to monthly portfolio construction and attribution meetings.
Occasionally present market updates to clients, the overall fixed income platform or sales teams.
Qualifications
Strong background in trading and/or portfolio management of high‑yield fixed income markets.
Ability to multi‑task in a high‑pressure environment; demonstrate control & risk management during periods of volatility.
Strong interpersonal/relationship‑building skills.
An entrepreneurial and innovative approach and a heightened sensitivity to risk.
Strong analytical and data analysis capabilities and high level of attention to detail.
Expertise in Bloomberg, Tradeweb, Aladdin and Microsoft Office is preferred.
Education to degree level in a relevant financial discipline, or with relevant industry experience. CFA charter would be beneficial.
License(s) required
N/A
What we’ll offer you At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves. You’ll have access to a range of benefits to create a personalized plan unique to your lifestyle.
The salary range for this position in New York is $131,000 to $206,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.
We recognize that our benefit programs have a profound impact on our colleagues. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Hybrid Working Model Our hybrid working model is designed to find the right balance between in‑person collaboration and engagement in the office and working from home. Each business group varies on the split between time spent in the office and at home; this will be discussed as part of your application and interview process.
Accessibility for Interview Process If you require any adjustments or changes to the interview process for any reason including, or related to a disability or long‑term health condition, please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office.
Privacy Statement The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS’ Privacy Notice.
Equal Employment Opportunity Statement Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
#J-18808-Ljbffr
DWS Group
Title:
Portfolio Manager - High Yield Fixed Income
Location:
New York
Job Code:
#LI-MB1 #LI-03
About DWS Today, markets face a whole new set of pressures – but also a whole lot of opportunity too. Opportunity to innovate differently. Opportunity to invest responsibly. And opportunity to make change.
Join us at DWS, and you can be part of an industry‑leading firm with a global presence. You can lead ambitious opportunities and shape the future of investing. You can support our clients, local communities, and the environment.
We’re looking for creative thinkers and innovators to join us as the world continues to transform. As whole markets change, one thing remains clear; our people always work together to capture the opportunities of tomorrow. That’s why we are ‘Investors for a new now’.
As investors on behalf of our clients, it is our role to find investment solutions. Ensuring the best possible foundation for our clients’ financial future. And in return, we’ll give you the support and platform to develop new skills, make an impact and work alongside some of the industry’s greatest thought leaders. This is your chance to achieve your goals and lead an extraordinary career.
This is your chance to invest in your future.
Team / Division Overview The Fixed Income Solutions Team is a key part of DWS Americas, overseeing approximately $80 B in actively managed fixed income assets. The team primarily covers multi‑sector investment strategies for insurance companies and arranges short‑duration solutions for institutional clients. The team is seeking a candidate to join the team based in New York.
Role Details As a High Yield Fixed Income Portfolio Manager, you will:
Be part of a team managing institutional high‑yield fixed income assets focusing on various strategies including ALM, total return, and maximizing book income.
Monitor the public bond market, assess relative value, and provide investment recommendations for specific securities that are aligned with the high‑yield strategy of the portfolios.
Monitor portfolios and maintain target duration and credit allocation. Ensure portfolios are within their guidelines.
Support the Senior Portfolio Manager and assist the team with market data as well as portfolio‑specific reports.
Contribute to monthly portfolio construction and attribution meetings.
Occasionally present market updates to clients, the overall fixed income platform or sales teams.
Qualifications
Strong background in trading and/or portfolio management of high‑yield fixed income markets.
Ability to multi‑task in a high‑pressure environment; demonstrate control & risk management during periods of volatility.
Strong interpersonal/relationship‑building skills.
An entrepreneurial and innovative approach and a heightened sensitivity to risk.
Strong analytical and data analysis capabilities and high level of attention to detail.
Expertise in Bloomberg, Tradeweb, Aladdin and Microsoft Office is preferred.
Education to degree level in a relevant financial discipline, or with relevant industry experience. CFA charter would be beneficial.
License(s) required
N/A
What we’ll offer you At DWS we’re serious about diversity, equity and creating an inclusive culture where colleagues can be themselves. You’ll have access to a range of benefits to create a personalized plan unique to your lifestyle.
The salary range for this position in New York is $131,000 to $206,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications.
We recognize that our benefit programs have a profound impact on our colleagues. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Hybrid Working Model Our hybrid working model is designed to find the right balance between in‑person collaboration and engagement in the office and working from home. Each business group varies on the split between time spent in the office and at home; this will be discussed as part of your application and interview process.
Accessibility for Interview Process If you require any adjustments or changes to the interview process for any reason including, or related to a disability or long‑term health condition, please contact your recruiter and let them know what assistance you may need. Examples of adjustments include providing a change to the format of the interview or providing assistance when at the DWS office.
Privacy Statement The California Consumer Privacy Act outlines how companies can use personal information. Click here to view DWS’ Privacy Notice.
Equal Employment Opportunity Statement Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.
#J-18808-Ljbffr