About the Role
We are seeking a Junior Portfolio Manager to support the Fixed Income team in London, with a primary focus on corporate credit. The role will involve assisting in portfolio construction, credit analysis, and investment decision-making, working closely with senior portfolio managers and analysts.
Responsibilities
- Support the management of Fixed Income portfolios with a focus on European stock selection
- Conduct in-depth credit analysis, including financial modelling, issuer fundamentals, and relative value assessments
- Monitor portfolio positions, performance, and risk exposures (credit, market, and liquidity risk) in line with team frameworks
- Contribute to investment idea generation, trade recommendations, and portfolio allocation decisions
- Assist in evaluating primary and secondary market opportunities
- Collaborate with credit analysts, traders, and risk teams to support execution and portfolio optimisation
- Maintain and enhance analytical tools, models, and reporting processes
- Prepare investment materials and portfolio updates for internal stakeholders
- Support distribution in client facing meetings
Requirements
- Several years’ experience in an investment-related role (e.g. credit analysis, trading, or portfolio support)
- Degree in Finance, Economics, Mathematics, or a related discipline
- CFA Level I; progress towards full CFA designation preferred
- Strong analytical and quantitative skillset, with the ability to interpret complex financial data
- Demonstrated interest and experience in credit markets
- Proficient in financial modelling, credit analysis, and valuation techniques
- Strong IT and data skills
- Attention to detail with the ability to work in a fast-paced investment environment
- Effective communication and teamwork skills
Skills
- Financial modelling
- Credit analysis
- Valuation techniques
- IT skills
- Data skills
- Communication skills
- Teamwork skills
Location
- London
Work Type
- Flexible working arrangements
Experience Level
- Manager or Expert
Education Level
- Degree in Finance, Economics, Mathematics, or a related discipline
- CFA Level I
- CFA designation preferred
Benefits
- Valuable pension scheme of up to 18% (13% employer contributions and 5% employee contributions)
- Access to Share Save and Share Incentive Plan
- Financial wellbeing and support services
- 38 days annual leave (including bank holidays)
- Opportunity to purchase up to five extra days of leave
- Time Off When You Need It policy
- Market-leading Inspiring Families policy
- Comprehensive support and paid parental leave (maternity, adoption, surrogacy, paternity)
- Private Healthcare
- Critical Illness cover
- Life Assurance
- Additional family options for Health & Protection cover
About the Company
- At M&G, our purpose is to give everyone real confidence to put their money to work.
- With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.
- Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.
- Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.
Equal Opportunity
- We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.
- At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent.
- We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.
- M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions.
- If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.
- We are committed to providing an inclusive recruitment process.
- All candidates have the opportunity to request reasonable adjustments when applying.
- If you need any additional support at any stage, please contact us at: careers@mandg.com
