Senior Investment Manager, Private Credit - Private Markets, Asset Management
- London
- £135,000-165,000 per year
- Permanent
- Full-time
Location and flexible working: This role is based in our London office, with some flexibility to work between the office and home. We recognise the benefits of flexible working and will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary and benefits: £135,000 - £165,000 (subject to experience) + Asset Management bonus, excellent pension scheme, private medical insurance, electric vehicle scheme, 38 days holiday incl. Bank Holidays plus 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.Who are we?We want to be the best place that any of our 6,600 colleagues have ever worked.We're Phoenix Group, we're a long-term savings and retirement business. We offer a range of products across our market-leading brands, Standard Life, SunLife, Phoenix Life and ReAssure. Around 1 in 5 people in the UK has a pension with us. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.The RoleThe Senior Investment Manager is to work as part of the Private Credit team within Private Markets. This role, reporting to the Head of Private Credit, has three areas of focus:Being a leader within the Private Markets team and the Asset Management business unit for originating, structuring & executing private debt investments across Corporates (including infrastructure), Financials, Fund Finance, Housing associationsBeing able to service the Shareholder requirements and support the Policyholder assets as a Subject Matter Expert (SME), primarily for high grade but also for high yield opportunitiesGuiding and mentoring more junior members of the Private Markets teamThe successful candidate will be a key contributor to a team with wide ranging responsibilities across Private Markets contributing directly to achieving Phoenix's key strategic objectives. The individual is to be recognised internally and externally as a Subject Matter Expert, and a leader on direct debt investments with far reaching impact across Asset Management. The Senior Investment Manager will report directly to the Head of Private Credit and be expected to collaborate across Private Markets and Asset Management to achieve team goals. This role provides an opportunity for a driven individual to deploy within an excellent environment their investment skills and to assume a leading role within the team.Key ResponsibilitiesSource, assess and execute new private credit investment opportunities through a variety of channels including banks, brokers, advisors, sponsors and borrowersUndertake credit analysis on new investment opportunitiesGenerate additional yield on the group's investment assets by using relative value analysis to identify investment opportunities that deliver material illiquidity premiumReview and negotiate legal documentation, supported by internal and external counsels, to mitigate credit risks and enhance downside protectionsBe a prime contact for existing and future investee companiesContribute to and lead strategic projects to further expand the opportunity set of Private Markets * Represent Phoenix Asset Management externally and be an SME in key internal forumsBe a role model and a mentor for more junior team membersWhat we're looking forExperienceEssential (minimum criteria)
- Proven experience within an asset manager, an asset owner, an investment bank or an advisor
- Extensive experience in private credit and/or private placements, investment origination, credit underwriting and negotiation of legal terms
- Proven ability to manage deal execution from inception through to closing and monitoring
- Demonstrable investment track record
- Stakeholder management and collaborative working, including with senior management
- Bachelor or Master of Science
- Actuarial or other financial professional qualifications beneficial but not required (e.g. CFA, CQF)
- Strong analytical skills, problem-solving ability and research capabilities
- Excellent negotiation and presentation skills
- Ability to collaborate and communicate effectively with senior internal and external stakeholders, with strong influential capability
- Highly collaborative, proactive and flexible contributor in a dynamic and agile team
- Ability to utilise influence to drive projects and outcomes
- Comfortable working within a fast-paced environment