Credit Investment Group Portfolio Manager

Your role

Do you want to use your expertise and portfolio management knowledge to help the Credit Investment Group identify new investment opportunities? Do you want to be a part of a growing business within a well-established asset management platform? We are looking for a Credit Investment Group Portfolio Manager to:
• design and implement investment strategies for leveraged loans and high yield bonds, ensuring optimal risk-adjusted returns within the fund’s mandate
• manage exposures across CLOs and loan accounts, considering liquidity, credit quality, and sector diversification
• conduct thorough credit analysis on potential investments, including reviewing financial statements, covenant structures, and market positioning
• assess issuer risk and make recommendations based on creditworthiness and expected performance
• execute buy and sell orders for leveraged loans and high yield bonds, maintaining appropriate documentation and ensuring compliance with internal and regulatory guidelines
• monitor portfolio risk metrics, including exposure concentrations, ratings migration, and default probabilities. Implement hedging strategies as needed, and proactively manage risks associated with CLO structures and underlying assets
• track portfolio performance, benchmark against relevant indices, and prepare detailed reports for internal stakeholders and external investors. Provide updates on market conditions, portfolio positioning, and anticipated changes
• ensure all portfolio activities comply with applicable regulations, fund documentation, and internal policies. Collaborate with compliance teams to maintain best practices and address regulatory changes
• support investor communications, including responding to queries, preparing presentations, and participating in due diligence meetings. Articulate fund strategy, performance, and outlook clearly and professionally
• work closely with analysts, traders, operations, and risk teams to ensure seamless management of the portfolio. Mentor junior team members and foster a culture of excellence and integrity

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We’re dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That’s why collaboration is at the heart of everything we do. Because together, we’re more than ourselves.
We’re committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Your team

The Credit Investments Group (“CIG”), a business unit within the Investments division of UBS Asset Management, is an industry leader in managing over $57 billion in non-investment grade credit assets across bank loan, high yield bond and structured product portfolios. CIG is one of the largest leveraged credit managers in the US and Western Europe, with an accomplished full-service group of dedicated career credit professionals located in New York, London and Zurich. The investment process is predicated on bottom-up credit selection, which has generated favorable risk-adjusted returns with lower relative volatility than the benchmark for the last 25 years.

Your expertise

• extensive experience in credit investing, with a focus on leveraged loans, high yield bonds, and structured products such as CLOs
• strong analytical and quantitative skills; proficiency in credit modelling, scenario analysis, and financial statement review
• in-depth understanding of loan documentation, covenants, and market practices in leveraged finance
• demonstrated ability to manage complex portfolios and make investment decisions under pressure
• excellent communication and presentation skills, with experience engaging institutional investors
• familiarity with relevant regulatory frameworks and compliance requirements
• degree in finance, economics, or a related field; professional qualifications (e.g. CFA) preferred
• decisive and commercially astute, with a strong sense of fiduciary responsibility
• collaborative approach and ability to work effectively within cross-functional teams
• high ethical standards and commitment to transparency
• adaptability to changing market conditions and regulatory environments

About us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.
We know that great work is never done alone. That’s why we place collaboration at the heart of everything we do. Because together, we’re more than ourselves. Want to find out more? Visit ubs.com/careers.

Your Career Comeback

We are open to applications from career returners. Find out more about our program on ubs.com/careercomeback.