Head of Asset Management - Structured Credit / ABS
About the Firm
Our client is a leading $10+ billion AUM alternative investment manager focused on structured credit, asset-backed finance, and specialty finance investments. The firm invests across a diverse range of securitized and asset-backed opportunities, spanning consumer, commercial, residential, and specialty finance markets. With a long-term, value-oriented investment approach, the firm combines deep credit underwriting expertise with rigorous portfolio management and asset surveillance capabilities.
Position Overview
The firm is seeking an experienced Head of Asset Management to oversee portfolio surveillance, asset management, and performance monitoring across a broad portfolio of structured credit and asset-backed investments. This individual will serve as a key member of the investment team, responsible for identifying risks and opportunities, driving portfolio performance, and managing relationships with servicers, issuers, originators, and other transaction stakeholders.
The ideal candidate will possess 8-15 years of experience in portfolio surveillance, structured finance, asset management, or credit monitoring, gained at a leading bank, investment manager, hedge fund, or alternative asset manager. Candidates should have experience evaluating underlying collateral performance across multiple asset classes and a strong understanding of securitized products and structured credit markets.
Key Responsibilities
- Lead asset management and portfolio surveillance activities across a diversified portfolio of ABS, structured credit, and specialty finance investments.
- Monitor collateral performance across consumer loans, commercial assets, residential mortgage exposures, equipment finance, specialty finance, and other asset-backed sectors.
- Develop and enhance reporting frameworks, performance dashboards, and portfolio monitoring tools.
- Evaluate collateral trends, servicer performance, delinquency metrics, loss expectations, prepayment behavior, and cash flow dynamics.
- Identify emerging risks and recommend strategies to enhance portfolio performance and mitigate downside exposure.
- Partner closely with investment professionals on new investment opportunities, portfolio construction, and risk management initiatives.
- Interface directly with servicers, issuers, trustees, originators, and other external counterparties.
- Lead restructuring, amendment, workout, and remediation efforts when necessary.
- Present portfolio updates, performance analyses, and risk assessments to senior management and investment committees.
- Help build and develop the asset management function as the platform continues to grow.
Qualifications
- 8-15 years of experience within structured finance, ABS, asset management, portfolio surveillance, credit risk, or related functions.
- Experience working at a bank, hedge fund, asset manager, insurance platform, specialty finance company, or alternative investment firm.
- Strong knowledge of securitized products, including consumer ABS, commercial ABS, RMBS, specialty finance, and related credit assets.
- Proven ability to monitor large, complex portfolios and evaluate underlying collateral performance.
- Strong analytical and quantitative skill set with experience interpreting large datasets and portfolio performance metrics.
- Advanced Excel and financial analysis capabilities; structured finance cash flow modeling experience is a plus.
- Excellent communication skills and ability to interact with senior stakeholders both internally and externally.
- Bachelor's degree required; CFA or advanced degree preferred.
Ideal Background
Successful candidates may come from:
- ABS Surveillance teams at major investment banks
- Structured Finance Research groups
- Portfolio Management or Asset Management teams at credit funds
- Specialty Finance or Structured Credit investment platforms
- Credit Risk and Portfolio Monitoring teams overseeing securitized assets
This is an opportunity to take on a highly visible leadership role within a premier structured credit investment platform, with broad exposure across consumer, commercial, residential, and specialty finance strategies.
