Bank J. Safra Sarasin Ltd is a leading sustainable private bank, offering all the advantages of the Swiss banking environment together with dynamic and personalised advisory services focusing on opportunities in international financial markets. The Bank provides a high level of services and expertise when acting as investment advisor and asset manager for private and institutional clients. Financial strength, excellent client services and outstanding quality are therefore key elements of its corporate philosophy.J. Safra Sarasin’s most valuable capital is its employees. They are essential to the success of the organisation, now and in the future. Their technical expertise, professional qualifications and social skills are highly valued by the Group’s clients, management and business partners. The success of J. Safra Sarasin depends on the enthusiasm and commitment of every one of its employees worldwide.DivisionTrading, Treasury & Asset ManagementFunction/PositionPortfolio Manager Global High YieldLocationBaselFunction/Position objectivesThe Portfolio Manager Global High Yield will be part of the Fixed Income Core & SystematicTeam. He/she will mainly be responsible to evaluate potential high yield bond investments for a broad range of sectors/regions and will assume significant responsibility for building out the global high yield credit platform. This will include primary and secondary research, developing investment ideas and recommendations, integration of ESG, and the whole range of portfolio management activities (portfolio construction, trade execution, position monitoring, risk management).Responsibilities
He/she will assume co-responsibility for the performance of a number of High Yield and Corporate Bond funds
He/she will cover the entire sustainable global high yield credit spectrum, including crossover, high yield and distressed names and also including financials, perps, CoCo’s. and assign internal bond ratings
He/she will work closely with analysts and portfolio managers across all asset management units, generate investment ideas and make suggestions for trades based on fundamentals and relative value
He/she will co-manage a number of funds and mandates, supporting the portfolio construction, trade execution, positioning monitoring, risk management and reporting
Part of the role is also to communicate credit opinions and investment recommendations as well as the portfolio strategy and positioning to internal units and external clients
Profiles
At least a university degree in a relevant field and/or education in business or finance; higher financial education (CFA/AZEK) would be advantageous
At least 5 years of work experience as a financial/credit analyst in an asset management environment; work experience as a fixed income portfolio manager is a strong plus
Good understanding of credit analysis (preferably in High Yield) and credit rating methodologies
Creativity, entrepreneurship, 'hands-on' mentality and a passion for financial markets
Proficient user of common office IT solutions (MS Office – Word, Excel, PowerPoint), as well as the Bloomberg financial application
Excellent writing skills in English and German and very good communication and presentation skills
