Global HY Portfolio Manager

We are recruiting for a Global High Yield Portfolio Manager to join our Public Markets Fixed Income team. This is a great opportunity for someone with a strong quantitative and risk background who enjoys the challenge of portfolio construction, and translating complex analysis into clear, decision-relevant insights. Reporting into the Global High Yield leadership, you will help enable disciplined active risk-taking and strengthen portfolio resilience through scenario analysis and cross-strategy insight across Capital Opportunities and Global High Yield.

Our Fixed Income teams manage portfolios across global credit and rates, combining deep fundamental research with disciplined portfolio construction and risk management. Within this, the Capital Opportunities and Global High Yield strategies take an active approach to capturing credit risk premia and identifying relative value across sectors and instruments. You’ll work in a highly collaborative environment, partnering closely with portfolio managers, credit analysts and risk colleagues globally to ensure portfolio decisions are well-rationalised, resilient and aligned to client objectives.

Public Markets - From fixed income and equities to multi-asset solutions, our public markets teams build high-conviction portfolios based on deep research, active management, and robust portfolio construction. We take a long-term, global view – cutting through market noise to drive superior client returns while integrating sustainability at every step.

A bit about the role:

This role exists to strengthen portfolio construction, asset allocation and risk frameworks across Capital Opportunities and Global High Yield by bringing systematic, model-driven insight into investment decisions. You’ll enhance and develop quantitative tools that support corporate credit strategy and portfolio optimisation, identify drivers of outperformance across credit cycles and credit asset classes, and improve scenario and risk analysis to build more resilient portfolios. You’ll also develop bottom-up credit understanding and ensure quantitative conclusions are grounded in fundamentals by collaborating closely with credit research teams. In addition, you’ll contribute structured strategic views to investment discussions and help explain portfolio positioning by linking Matrix Pod outputs to Compass.

Skills and experience we’re looking for:

·        Strong fixed income and risk foundation, with a clear understanding of portfolio construction, asset allocation and key risk drivers in global credit / high yield.

·        Proven ability to enhance investment and risk processes, including building quantitative tools that enable disciplined, well-rationalised active risk-taking.

·        Highly technical and systematic approach, with advanced capability across Aladdin, SQL, Snowflake, Python, Excel and Power Apps (or equivalent toolsets).

·        Strong analytical depth and communication skills, able to translate complex modelling and scenario analysis into clear insights for portfolio decisions.

·        Collaborative, team-oriented contributor with a forward-looking mindset, actively engaging with analysts and forums to build conviction and support global connectivity across Fixed Income.

In this role you’ll be ‘Certified’ under the Financial Conduct Authority / Prudential Regulation Authority’s Senior Managers and Certification Regime (SMCR). This means that we’ll need to complete some regulatory background checks on you before you take up your role and we’ll need to ask you some questions on an annual basis to make sure you remain ‘fit and proper’ and competent to carry out your role. We’ll provide training on what holding a SMCR role means when you join us and annually thereafter.

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague:

·        Competitive salary (depending on skills, experience, and qualifications). 

·        Discretionary bonus opportunity - depending on individual performance and Aviva Investors’!

·        Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.

·        29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days!

·        Aviva-funded Private Medical Benefit to help you get expert support when you need it.

·        Make your money go further with up to 40% discount on Aviva products, and other retailer discounts.

·        Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme.

·        Brilliantly supportive policies including parental and carer’s leave.

·        Flexible benefits to suit you, including sustainability options such as cycle to work.

·        Make a difference, be part of our Aviva Communities and use your 3 annual volunteering days to help others.