Aegon Asset Management (Aegon AM) is a leading global investor. Our 370 investment professionals manage and advise on assets of US $361 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas. We are an international business: Our 1,150 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment. Position Overview: We are currently searching for a Senior Structured Finance Portfolio Manager to join our team in Cedar Rapids, IA or Chicago, IL. This position is responsible for underwriting and actively managing asset-backed securities, primarily for performance measured and the private placement portfolios. The focus will be on structured finance transactions in the 4(a)2, asset-backed loan, and alternative structured fixed income markets.

Responsibilities:

  • Underwrite, structure and document new issue asset backed securities with an understanding and comfort of the entire investment process.
  • Analyze complex transactions with multiple variables, understanding legal documents which govern each transaction, converse with legal personnel regarding deal points and negotiate to satisfactory resolution.
  • Ability and flexibility to manage several transactions/projects at once, often with multiple parties and tight deadlines.
  • Present investment recommendations to various investment committee and working groups and execute trade ideas after receiving necessary feedback from client.
  • Provide ongoing monitoring of an existing asset-backed securities portfolio including identifying performance trends and taking prompt corrective action when necessary.
  • Update cash flow models to forecast performance of an asset-backed security on both an absolute and relative basis.
  • Conduct monthly review and analysis of servicer reports and other published information, detailed credit analysis of the financial condition of sellers and servicers of asset-backed securities, trend analysis with respect to performance triggers, and overall research of industry issues within certain assigned sectors. 
  • Conduct management and manager interview for due diligence and surveillance responsibilities.
  • Provide overall assessment of current and projected performance of securities by synthesizing the analysis of both the individual transaction structure as well as the health of the servicer and the industry. 
  • Assist the team with the monthly pricing of the portfolio as well as analysis of performance results versus benchmarks. 
  • Assist or lead efforts to improve portfolio analytical capabilities using industry-standard, proprietary or issuer designed software and analytical tools.
  • Reverse engineer existing asset-backed securities for modeling, underwriting and forecasting purposes.
  • Other duties may include liquidation value analysis and cash flow modeling on troubled credits.

Required Qualifications:

  • Minimum of 8-12 years of experience in an investment decision making role.
  • Academic degree.
  • Proficiency with Microsoft Excel and other Microsoft Office products.
  • Proficiency with scenario analysis and modeling on Intexcalc.
  • Familiarity with responsible investing concepts.
  • Demonstrated strong communications skills, both verbal and written.
  • Willingness to be involved in broader organizational initiatives.

Preferred Qualifications:

  • Proficiency with Bloomberg.
  • Prior utilization of Aladdin portfolio analytic tools.
  • Advance study such as CFA and/or advance degree such as a post-graduate degree or MBA.

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

 

The base salary for this position generally ranges between $180,000 - $220,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. 

 

Compensation Benefits:

  • Competitive Pay 

  • Bonus for Eligible Employees 

 

Benefits Package:

  • Pension Plan 

  • 401k Match

  • Employee Stock Purchase Plan

  • Tuition Reimbursement

  • Disability Insurance

  • Medical Insurance

  • Dental Insurance

  • Vision Insurance

  • Employee Discounts

  • Career Training & Development Opportunities

 

Health and Work/Life Balance Benefits:

  • Paid Time Off starting at 160 hours annually for employees in their first year of service

  • Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays)

  • Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars 

  • Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child

  • Adoption Assistance

  • Employee Assistance Program

  • College Coach Program

  • Back-Up Care Program

  • PTO for Volunteer Hours

  • Employee Matching Gifts Program

  • Employee Resource Groups

  • Inclusion and Diversity Programs

  • Employee Recognition Program

  • Referral Bonus Programs

Job and compensation levels depend upon an applicant’s qualifications including the extent of candidate’s relevant experience and other job-related factors and will be determined by hiring supervisors/managers and HR.

At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.

We are open to considering flexible working practices. Please talk to us about what this means for you.