Job Information
Kemper Assistant Portfolio Manager, Structured Finance in Chicago, Illinois
Location(s)
Chicago, Illinois
Details
Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs. By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises.
Position Summary:
Kemper has an immediate need for an Assistant Portfolio Manager, Structured Finance. Individual will report to the Sr. Portfolio Manager and will be responsible primarily for directing research and developing portfolio management strategies for the firm’s $1.3 billion portfolio of publicly traded CLO, CMBS, and ABS debt securities. The individual will supervise 1-2 analysts or interns and will contribute to evaluating private structured investments and other investments as needed as part of a the larger, highly-collaborative, team who oversees the company’s roughly $10 billion investment portfolio.
Position Responsibilities:
Analyze quantitative and qualitative attributes of existing and potential CLO, CMBS, and ABS debt investments.
Create and maintain detailed securitized security reviews including assessment of manager platform, underlying collateral portfolio, and deal documentation qualities.
Develop and maintain a repository of overall market metrics to frame relative value opportunities among structured finance securities and to enhance negotiations of new deals and secondary trading opportunities
Arrange and lead meetings with external parties such as underwriters, managers, and rating agencies to maintain knowledge of developments in structured finance and related markets
Diligence new asset-backed / asset-based finance securitization structures as the market or internal needs develop
Effectively communicate buy/sell/hold investment recommendations to Portfolio Managers and Investment Management Committee, both verbally and in writing
Maintain active dialogue with entire investment team to understand relative value among asset classes
Liaise with other internal groups such as accounting, audit, and compliance on valuation, modelling, and regulatory requests as they pertain to the structured investments portfolio
Develop and manage day-to-day responsibilities of 1-2 analysts or interns as it pertains to accomplishing any of the above responsibilities
Position Qualifications:
Bachelor’s Degree and progress towards a CFA charter
5+ years in CLO research or equivalent. CMBS and ABS analytical experience strong plus
Expertise with structured security analytical systems such as Intex, Bloomberg, or Rating Agency; Aladdin a plus
Must be self-motivated with a demonstrable record of professional development & intellectual curiosity including certifications, postgraduate work, and participation in industry organizations
Candidates should possess excellent analytical skills, decision making ability, and communication skills. Comfortable making investment recommendations to and fielding questions from an investment committee
The selected candidate will work a hybrid work schedule which will require weekly reporting to our Chicago, IL office
The range for this position is $127,00 to $211,700. When determining candidate offers, we consider experience, skills, education, certifications, and geographic location among other factors. This job is eligible for an annual discretionary bonus and Kemper benefits (Medical, Dental, Vision, PTO, 401k, etc.)
Kemper is proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, disability status or any other status protected by the laws or regulations in the locations where we operate. We are committed to supporting diversity and equality across our organization and we work diligently to maintain a workplace free from discrimination. Kemper is focused on expanding our Diversity, Equity and Inclusion efforts to align with our vision, mission, and guiding principles. Kemper does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Kemper and Kemper will not be obligated to pay a placement fee.
Kemper will never request personal information, such as your social security number or banking information, via text or email. If you receive such a message, delete it.
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Kemper at a Glance
The Kemper family of companies is one of the nation’s leading specialized insurers. With approximately $13 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Kemper Auto and Kemper Life brands. Kemper serves over 4.8 million policies, is represented by approximately 22,200 agents and brokers, and has approximately 7,500 associates dedicated to meeting the ever-changing needs of its customers. Learn more at Kemper.com .
*Alliance United Insurance Company is not rated.
We value diversity and strive to be an employer of choice. An Equal Opportunity Employer, M/F/D/V
Our employees enjoy great benefits:
• Qualify for your choice of health and dental plans within your first month.
• Save for your future with robust 401(k) match, Health Spending Accounts and various retirement plans.
• Learn and Grow with our Tuition Assistance Program, paid certifications and continuing education programs.
• Contribute to your community through United Way and volunteer programs.
• Balance your life with generous paid time off and business casual dress.
• Get employee discounts for shopping, dining and travel through Kemper Perks.