UK remote
Investment Manager - Structured Credit and Mortgages
About this role
Join our Structured Credit & Mortgages team within Institutional Retirement – Investments, where you’ll play a key role in shaping our expanding portfolio of Structured Credit and Mortgage assets. You’ll work collaboratively across teams to identify opportunities, strengthen our investment framework and help deliver long‑term, sustainable value for our customers. We welcome people who bring balanced judgement, curiosity, and a proactive approach, and who value an inclusive environment where diverse perspectives improve decision‑making.
What you'll be doing: Supporting the expansion of Structured Credit investment opportunities to help optimise and diversify the Institutional Retirement portfolio Managing the structured credit portfolio including identifying key market risks and creating appropriate risk metrics and appetites Overseeing asset manager performance and ensuring portfolio activity aligns with agreed mandates and risk appetite Developing and enhancing the structured credit and mortgage investment framework to maximise risk‑adjusted returns Leading strategic transaction execution and engaging with internal and external stakeholders to ensure effective implementation and monitoring Collaborating with wider Investments teams and Asset Management colleagues to strengthen relationships and support high‑quality delivery Operating within mandates and risk limits while embedding Conduct Risk and Consumer Duty considerations into everyday activity Contributing to strategic initiatives that broaden Institutional Retirement’s presence across structured credit and securitised asset classes Who we're looking for: A degree in a quantitative, finance or management‑related subject (or equivalent experience), with CFA progress an advantage Experience investing in or executing transactions across Fund Finance, Consumer, Residential, Data Centres or SME asset classes Demonstrable knowledge of structuring, modelling, legal processes and rating agency considerations linked to structured credit Understanding of insurance balance sheet mechanics, portfolio construction and relative value assessment Buy‑side or sell‑side experience in relevant asset classes, ideally gained within an investment bank or asset manager Ability to build and use complex financial models to support underwriting and investment decisions Strong interpersonal and communication skills, with a collaborative, adaptable and solutions‑focused mindset Proficiency in Excel with working knowledge of C++ beneficial, and confidence operating in a dynamic environment while delivering high‑quality results on time Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you.