Fixed Income High Yield Portfolio Manager & Credit Analyst

About the role

Julius Baer is looking for an experienced portfolio manager and credit analyst to join its CIO Office Global Fixed Income team in Zurich. You will act as co-manager of the Global Quality High Yield fund and take primary responsibility for high yield issuer selection across the bank's discretionary mandate business. The role sits in the Global Quality High Yield desk, which covers liquid, quality high yield bond markets globally.

Key responsibilities

• Co-manage the Global Quality High Yield UCITS fund and implement investment strategies across funds and mandates, focusing on US and European high yield markets with a possible moderate allocation to emerging markets
• Drive risk-adjusted performance against benchmarks and peers, representing results internally and to clients
• Own high yield issuer selection for the bank's discretionary managed mandates
• Perform fundamental analysis: issuer and bond selection, financial modelling, scenario analysis and covenant analysis on complex credits and corporate actions
• Formulate regional and sectoral positioning, and rates, duration and credit overlay strategies
• Manage risk exposures, including credit risk, currency and rates hedging, and the use of credit default swaps (CDS/CDX)
• Sit on the fixed income credit selection sub-committee and give input to senior management
• Contribute to fund manager reports, strategy updates, investment proposals and prospective client meetings
• Work with the dealing desk on execution and build relationships with counterparties, issuers and analysts

Required profile

• University Master's degree; CFA designation is advantageous
• At least five years of experience as a fixed income high yield fund manager and/or credit analyst
• In-depth experience in credit, sector and economic analysis in global high yield markets
• Strong communication, presentation and client-interaction skills, with an established market network
• Excellent written and spoken English; additional languages are an advantage

Required skills

• Proficiency with Bloomberg (including Asset and Investment Manager systems) is a must
• Advanced MS Excel and MS PowerPoint
• Python or other programming languages are a plus