Junior Portfolio Manager (Fixed Income)

TL;DR

Junior Portfolio Manager (Fixed Income): Supporting the construction and management of corporate credit portfolios with an accent on European stock selection, credit analysis, financial modelling, and risk monitoring. Focus on generating investment ideas, evaluating primary and secondary market opportunities, and optimizing portfolio allocations with senior portfolio managers, analysts, traders, and risk teams.

Location: London, United Kingdom

Company

M&G is a long-established savings and investment company combining asset management and insurance expertise.

What you will do

• Support the management of fixed income portfolios with a focus on European stock selection.
• Conduct credit analysis covering financial modelling, issuer fundamentals, and relative value.
• Monitor portfolio performance, positions, and credit, market, and liquidity risks.
• Contribute to investment ideas, trade recommendations, portfolio allocation, and market opportunity analysis.
• Collaborate with analysts, traders, and risk teams to support execution and portfolio optimization.
• Maintain analytical tools and reporting, prepare investment materials, and support client-facing meetings.

Requirements

• Several years of experience in an investment-related role such as credit analysis, trading, or portfolio support.
• Degree in Finance, Economics, Mathematics, or a related discipline.
• CFA Level I; progress toward the full CFA designation is preferred.
• Strong analytical, quantitative, financial modelling, credit analysis, and valuation skills.
• Demonstrated interest and experience in credit markets, with strong IT and data skills.
• Attention to detail, effective communication, and the ability to work in a fast-paced investment environment.

Culture & Benefits

• Flexible working arrangements and workplace adjustments are available.
• UK pension scheme with contributions of up to 18%.
• Share Save, Share Incentive Plan, and financial wellbeing support.
• 38 days of annual leave including bank holidays, with the option to purchase up to five additional days.
• Paid parental leave, private healthcare, critical illness cover, and life assurance.
• Inclusive culture with employee-led networks and support for diverse communities.