Junior Credit Portfolio Manager - Liberty Mutual Investments at Liberty Mutual Insurance

Boston, Massachusetts, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Apr, 26

Salary

0.0

Posted On

03 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Credit Investing, High Yield Bonds, Leveraged Loans, CLOs, ETFs, Credit Derivatives, Portfolio Management, Analytical Skills, Excel, Bloomberg, Market Analysis, Trading Strategies, Communication Skills, Collaboration, Risk Management, AI Literacy

Industry

Insurance

Description

Description The Company Come build on our integrated platform with industry-leading talent, world-class partners, and freedom to innovate. Liberty Mutual Investments (LMI) is the investment firm for Liberty Mutual Group (Liberty). With deep expertise in fixed income, equity, and alternative strategies, LMI invests more than $100B of long-term capital globally, and has a team of nearly 300 investment, finance, and operations professionals located in Boston, MA, and New York, NY. LMI has a clear purpose: drive economic growth, build enduring businesses side-by-side with our partners, and generate superior risk-adjusted returns that secure Liberty’s promises. LMI offers the best of both worlds — the look and feel of a boutique investment firm with the reputation and financial strength of a global leader. As the investment firm of a mutual with long-term capital, LMI has a single client mandate. This gives us the freedom to focus on what we do best. Our portfolio spans a broad spectrum of public and private investments, and we are committed to expanding our capabilities and our toolkit in support of our mission. We invest across diverse asset classes, financial structures, and industries, including real estate, digital infrastructure, healthcare, renewable energy, and technology—with the aim of creating value and powering innovation. We pride ourselves on our extensive network of mutually beneficial partnerships, and we use our substantial influence, capital, and energy to drive towards a better future. Overview: We are seeking a highly motivated Vice President / Director to join our credit investment team as a Junior Portfolio Manager. This individual will work directly with the Portfolio Manager on oversight and execution across public credit strategies (High Yield Bonds, Broadly Syndicated Loans, ETFs, and CLOs). The Jr. PM will play a critical role in portfolio construction, monitoring, trading strategy, and market insights, while also supporting the communication of investment views across the firm. The ideal candidate combines strong analytical and market skills with the ability to collaborate across teams of analysts, traders, and risk professionals. Note: While familiarity with private credit and direct lending is valued, this role will be 100% focused on public credit portfolios. Responsibilities: Portfolio & Cash Management Manage cash balances and liquidity across multiple public credit portfolios. Support day-to-day monitoring of positions, exposures, and risk metrics. Assist in portfolio rebalancing, hedging, and asset allocation decisions (including CLO sleeves and ETFs). Collaborate closely with Risk and Performance & Attribution (P&A) teams on portfolio oversight. Analysis & Market Insights Create dashboards and portfolio analysis tools (with an initial focus on loan and bond exposures). Track and analyze market fundamentals, technicals, and public credit spread relationships. Publish a monthly market update for firmwide distribution. Stay current on macroeconomic and sector-specific themes; distill key “street” views. Apply an AI-driven lens to data analysis, portfolio monitoring, and research processes. Trading & Idea Generation Partner with traders and analysts to evaluate new issue opportunities and secondary trading ideas. Provide tactical trading recommendations across bonds, loans, ETFs, and limited derivatives (CDS/options). Contribute to broader trading strategy discussions, highlighting relative value and risk/reward. Collaborate with the CLO PM on allocation decisions and cross-portfolio positioning. Build and foster strong relationships with the street to source trade ideas and market intelligence. Communication & Presentations Prepare ad hoc presentations for the investment committee and senior management. Summarize market conditions, portfolio positioning, and performance attribution for internal stakeholders. Communicate regularly with Risk and P&A teams to ensure alignment and clarity. Help translate complex market/credit insights into concise messages for a non-specialist audience. Qualifications Experience & Skills 5–10+ years of experience in credit investing, trading, or strategy (sell-side or buy-side). Strong understanding of high yield bonds, leveraged loans, CLOs, and ETFs. Familiarity with credit derivatives (CDS) and hedging strategies; practical experience a plus, but not central. Experience working on or closely with a portfolio management team strongly preferred. Excellent analytical skills; able to interpret macro, micro, and technical market drivers. Advanced proficiency in Excel, Bloomberg, and portfolio analytics tools; ability to build dashboards. Strong writing and presentation skills — able to publish market updates and communicate clearly with internal stakeholders. Characteristics Commercial mindset: capable of generating actionable trade and portfolio ideas. Collaborative: works effectively with analysts, traders, risk, and the PM; able to integrate inputs across teams. Strategic + Tactical: comfortable balancing long-term views with short-term market opportunities. Proactive & Self-driven: identifies gaps and builds tools or processes without needing heavy oversight. Detail-oriented: precise in execution and portfolio monitoring, with an eye toward risk management. Street-facing: credible in developing and maintaining external relationships with dealers and counterparties. Innovative: open to applying AI and data-driven tools in portfolio and trading processes. Demonstrates strong AI literacy and uses AI-enabled tools to enhance speed, accuracy, and insight generation while maintaining sound judgment and compliance with governance standards About Us Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve. We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices California Los Angeles Incorporated Los Angeles Unincorporated

Responsibilities

The Junior Credit Portfolio Manager will manage cash balances and liquidity across public credit portfolios while supporting portfolio rebalancing and trading strategies. They will also create analysis tools and publish market updates to communicate insights across the firm.