Junior Portfolio Manager – Fixed Income

At M&G, our purpose is to give everyone real confidence to put their money to work. With a heritage dating back more than 175 years, we have a long history of innovation in savings and investments, combining asset management and insurance expertise to offer a wide range of solutions.

Our two distinct operating segments, Asset Management and Life, work together to provide access to balanced, long-term investment and savings solutions.

Through telling it like it is, owning it now and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent.

We will consider flexible working arrangements for any of our roles and offer workplace adjustments to ensure you have the support you need to succeed in your role.

The Role

We are seeking a Junior Portfolio Manager with strong analytical skills to support the Fixed Income team in London, with a primary focus on corporate credit. The role will involve assisting in portfolio construction, credit analysis, and investment decision-making, working closely with senior portfolio managers and analysts across the platform.

Key Responsibilities

• Support the management of Fixed Income portfolios with a focus on European stock selection
• Conduct in-depth credit analysis, including financial modelling, issuer fundamentals, and relative value assessments
• Monitor portfolio positions, performance, and risk exposures (credit, market, and liquidity risk) in line with team frameworks
• Contribute to investment idea generation, trade recommendations, and portfolio allocation decisions
• Assist in evaluating primary and secondary market opportunities
• Collaborate with credit analysts, traders, and risk teams to support execution and portfolio optimisation
• Maintain and enhance analytical tools, models, and reporting processes
• Prepare investment materials and portfolio updates for internal stakeholders
• Support distribution in client facing meetings

Key Skills, Knowledge & Experience

• Several years’ experience in an investment-related role (e.g. credit analysis, trading, or portfolio support)
• Degree in Finance, Economics, Mathematics, or a related discipline
• CFA Level I; progress towards full CFA designation preferred
• Strong analytical and quantitative skillset, with the ability to interpret complex financial data
• Demonstrated interest and experience in credit markets
• Proficient in financial modelling, credit analysis, and valuation techniques
• Strong IT and data skills 
• Attention to detail with the ability to work in a fast-paced investment environment
• Effective communication and teamwork skills
   

Recruiter: Hannah Curtis

Work Level: Manager or Expert

What we offer:

We’re dedicated to supporting your wellbeing and helping you thrive, both at work and beyond. Our benefits are designed to help you balance your professional and personal life, and financially plan for the future. Our UK benefits include:

• A valuable pension scheme of up to 18% (13% made up of employer contributions and 5% employee contributions).
• Access to our Share Save and Share Incentive Plan, alongside financial wellbeing and support services to help give you real confidence to put your money to work.
• Enjoy 38 days annual leave (including bank holidays), with the opportunity to purchase up to five extra days. Our Time Off When You Need It policy gives you the flexibility - to balance work and personal commitments.
• Our market-leading Inspiring Families policy includes comprehensive support and paid parental leave covering maternity, adoption, surrogacy, and paternity leave - because supporting families is an important part of our inclusive culture.
• Health & Protection cover includes Private Healthcare, Critical Illness cover and Life Assurance for you, with additional family options - for peace of mind.

To explore more about life at M&G and our full benefits offering, visit Life at M&G

At M&G we strive to have a diverse workforce and an inclusive culture, underpinned by our policies and employee-led networks that offer networking, support and development opportunities for the diverse communities our colleagues represent. We welcome applications from people of all backgrounds – across gender, ethnicity, age, disability, sexual orientation and more – including neurodivergent individuals, career returners and those with military service experience.

M&G is proud to be Level 3: Disability Confident Leader under the UK Government Disability Confident employer scheme, and we welcome applications from candidates with disabilities and long-term health conditions. If you would like to participate in the initiative, you will have the opportunity to indicate this on your application.

We are committed to providing an inclusive recruitment process. All candidates have the opportunity to request reasonable adjustments when applying. If you need any additional support at any stage, please contact us at: [email protected]