INVESTMENT DIRECTOR, PDCA
Who We’re Looking For
The Investment Director US- PDCA will work on the Private Debt & Credit Alternatives team, reporting to the Americas Senior Product Strategist. The investment director will primarily be a support for client communications and sales and be both internally facing (client group) and externally facing (clients, consultants, platforms).
The successful candidate will have the ability to communicate complex investment concepts simply, to deliver marketing presentations related to funds/strategies or educational sessions, to provide investor servicing updates, and to communicate basic fund and strategy characteristics. The position is hands on and requires materials creation (Data management, presentations, performance charts and comparisons). Research of peers and universe performance, ranking and competitor intelligence. Co-ordination of required information and its provision to a range of internal and external clients. This role supports interaction and servicing of existing clients including materials and communications formation and interaction and documentation for prospects and new clients (fundraising).
The Key Pre-requisites Required For The Role Include
- Strong project management, organization, process-orientation, meticulous quality control, keen eye for the details, perfectionism, ability to maintain and create schedules to ensure timely delivery, ability to multi-task
- Strong written and verbal communication skills
- Content creation skills with a high level of proficiency in data management including Excel, PowerPoint and Word
- Self-starter, highly motivated individual, independent worker but strong team player
- Ability to thrive in a high-paced environment characterized by near-term deadlines, overlapping priorities/workflows, and direct/immediate feedback loops
- Knowledge of fixed income (bonds) with 3-5 yrs experience required in credit (debt) such as credit-oriented in investment banking, fixed income/private debt asset management, debt capital markets role, private bank CPM/sales, and/or investment consulting
About Schroders Group
Schroders is a leading provider of active asset management, advisory and wealth management services and is widely recognised as a leader in sustainability. Few investment managers can match the combination of capabilities and global reach that Schroders offers. This breadth of services across public and private markets allows for distinctive solutions for the diverse needs of clients, who look to Schroders to provide superior long-term investment outcomes.
Schroders Capital
Schroders Capital is the private markets business of Schroders with $97bn of AUM. We work as a global network of specialised, entrepreneurial teams. We combine a global perspective with local market expertise to serve institutional and private wealth clients. Our offering spans the private markets universe and provides access to unique capabilities across private debt and credit alternatives, real estate equity, private equity, and infrastructure equity.
The firm has deep expertise in creating bespoke solutions for institutional clients and is committed to providing scalable capabilities across the spectrum of risk, return and sustainability and impact objectives.
Supported by the resources, experience, and institutional framework of one of the world’s leading asset managers, Schroders Capital is dedicated to helping investors achieve their goals and is at the forefront of product innovation to meet the evolving needs of investors. We see our role as being a driver of positive change drawing on deep skills to select, acquire, and improve the assets we own.
Position Overview
To support the growth of Schroders Capital’s PDCA business, the group is hiring an Investment Director to manage activities related to our clients (support and new capital acquisition) in the Americas region. This role will focus on support for the PDCA continuum from liquid alternatives to private credit, and from funds to separately managed institutional accounts. Fixed income/credit alternatives experience is required as this is a hit-the-ground-running job.
The position is based in New York.
The Investment Director will be responsible for supporting the PDCA business as by bringing technical expertise available to our clients and client group. This role is often described as CPM (client portfolio manager) or Investment Director. It is heavily focused on client product support. This role is for PDCA and focused on our investment strategies which span securitized products, asset-based finance, infrastructure debt, real estate debt and insurance linked securities (ILS). This is support for mandates, closed-end funds and liquid UCITs (full continuum). As well, there will be support for our growing private markets business in closed-end and semi-liquid funds.
This support will be done within a global team. The role will report to the Senior Product Strategist (Americas). The individual will be expected to possess some experience in a similar, or related, role, in a fixed-income or credit product and previous experience working with fixed income in a high-throughput environment, such as an investment bank, is a plus. Key skills include robust project management, attention to detail, strong communication and team work ability, with career development expected either into senior product strategist role, investment role or sales/client role.
Key responsibilities include client reporting (existing funds and mandates), marketing presentations (new closed-end and existing open-end fund and mandates), responding to internal (sales) and external (investor) queries, understanding investor reporting and sales pipeline data management. Educational material and internal and external education.
What You’ll Do - Assist and lead on support for the PDCA business with institutional investors, consultants, private banks and other identified client channels such as insurance. Including managing the completion/ quality of deliverables associated with all client engagement activities:
- Attend investment team meetings and consume research related to infrastructure, real estate, asset-based finance, securitised credit, risk transfer, fixed income, leverage loans, etc, keeping fully abreast of the team’s market outlook, positioning, strategy, and individual trade examples across both liquid and illiquid securitized product and asset-based finance instruments. Co-ordinate external research views (consultants, platforms, banks)
- Prepare, update or access strategy/fund presentations, fact sheets, sales aids and quarterly/monthly investment reports
- Prepare, understand, calculate and report portfolio characteristics, statistics, and other investment data for our investment strategies
- Create, write, update product language and data for fixed income/securitized and private debt products, specifically asset-based finance and securitized products, in databases and work with stakeholders to complete and customize RFPs, DDQs and RFIs as needed for the region including data room and consultant and client databases with relevant materials
- Conduct market research on competitors, target investors, market trends, ESG/sustainability topics
- Work alongside sales teams and work with product executives to prioritize ad-hoc analysis and daily product/client queries, attending client meetings
- Support due diligence processes, fund closings and product launches or campaigns. This will include working alongside several stakeholders including our investment team, sales partners, product structuring, fund operations and legal counsel
- Research, organize and attend relevant conferences to support core fundraising activities
- Provide basic internal and external education.
The Knowledge, Experience And Qualifications You Need - Education & work experience
- Bachelor’s degree required (CFA or advanced degree a plus)
- 3-5+ years of work experience in investment banking, fixed income capital markets, investor relations, investment management, rating agency or investment consulting
- Knowledge of fixed income (required) and private credit markets a plus
- Skillset & work ethic
- High attention to detail
- Highly proactive, organized, pursuing a structured approach to deliverables with time management skills
- Strong intra team communication skills, team-oriented approach
- Strong content creation skills (high level of proficiency in MS PowerPoint)
- Strong finance, math, data management, and quantitative skills (high level of proficiency in MS Excel. Experience with Macros and VBA a plus)
- Strong verbal, written and presentation communication skills
- Highest ethical standards, integrity and discipline
What You’ll Be Like
- A flexible, adaptable and collaborative team player with a positive and “can do” attitude and a sense of humor
- Creative and prepared to think outside the box; willing to take the initiative and to present solutions, a problem solver.
- Passionate about following the debt markets, including macroeconomic trends which impact these markets, and intellectually curious about structured products and asset-based finance investments.
- Thrives under pressure while maintaining a high level of personal and professional integrity; ability to climb a steep learning curve and incorporate constructive feedback as they develop their skillset
- Clear desire and ambition for success, comfortable making decisions and prepared to make the personal commitment to ensure success.
- Able to bridge cultural boundaries and generate confidence and loyalty with colleagues and clients;
- Highly collaborative team player.
Compensation
Schroders offers a base salary in a range of $135,000 to $150,000 for this position.
The referenced salary range is based on the Company's good faith belief at the time of posting. Actual compensation may vary based on factors such as geographic location, work experience, market conditions, education/training and skill level.
We Recognise Potential, Whoever You Are
Our purpose is to provide excellent investment performance to clients through active management. Our team has sayings, including “Perspective is everything” – we highly value diversity of background and diversity of thought, we are an incredibly strong team and an inclusive culture. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
