Senior Portfolio Manager – Private Debt

Senior Portfolio Manager – Private Debt
Location: Luxembourg
Reporting to: Head of Private Debt / CIO

Role Overview
Our client is a leading alternative investment manager with a strong presence in the private debt and private credit markets. Due to continued growth, they are seeking an experienced Senior Portfolio Manager – Private Debt to lead portfolio construction, credit underwriting, and active portfolio management, with a particular focus on advanced quantitative and Python-based financial modelling.

The role combines deep credit investment expertise with hands-on technical capability, supporting data-driven decision-making across origination, execution, and ongoing portfolio monitoring.

Key Responsibilities
Portfolio Management & Investment Strategy

Lead the construction, management, and optimisation of private debt portfolios across strategies such as direct lending, mezzanine, special situations, and structured credit.
Define and implement portfolio allocation, risk limits, and return targets in line with fund mandates and investor expectations.
Actively monitor portfolio performance, covenant compliance, credit quality, and liquidity profiles.
Lead investment committee presentations and contribute to strategic investment decisions.
Credit Analysis & Deal Execution

Oversee complex credit underwriting, financial analysis, and due diligence for new investments.
Structure transactions, negotiate key terms, and assess downside protection, security packages, and recovery scenarios.
Review legal documentation in collaboration with legal and compliance teams.
Python Modelling & Quantitative Analysis

Design, build, and maintain Python-based financial models for:

Cash flow modelling and scenario analysis
Credit risk and default modelling
Portfolio stress testing and sensitivity analysis
Performance attribution and risk analytics
Automate data extraction, reporting, and portfolio monitoring processes.
Collaborate with data, risk, and technology teams to enhance investment analytics infrastructure.
Risk Management & Governance

Ensure portfolios operate within approved risk frameworks and regulatory constraints.
Contribute to the development of internal risk methodologies and valuation models.
Support interactions with risk management, compliance, auditors, and regulators as required.
Leadership & Stakeholder Engagement

Mentor junior portfolio managers and analysts.
Act as a senior point of contact for investors, investment committees, and internal stakeholders.
Contribute to investor reporting, fundraising efforts, and due diligence processes.

Key Requirements
Experience & Education

Minimum 10–15 years of experience in private debt, private credit, leveraged finance, or structured credit.
Proven track record managing institutional private debt portfolios.
Master’s degree in Finance, Economics, Engineering, Mathematics, or a related field; CFA or similar qualification preferred.
Technical & Modelling Skills

Advanced Python proficiency (e.g. pandas, NumPy, SciPy, matplotlib, financial modelling libraries).
Strong experience building bespoke financial, cash flow, and risk models from scratch.
Solid understanding of quantitative credit analysis and portfolio optimisation techniques.
Familiarity with databases, APIs, and data visualisation tools is a strong advantage.
Investment & Market Expertise

Deep understanding of private debt instruments, capital structures, and credit documentation.
Strong judgement in complex and illiquid investment environments.
Experience across European private markets; Luxembourg fund structures knowledge is an advantage.
Personal Attributes

Strong leadership and decision-making skills.
Highly analytical with a hands-on, detail-oriented mindset.
Excellent communication skills, able to bridge investment, risk, and technical teams.
Fluency in English required; French or German is an asset.

What’s on Offer
Senior leadership role within a growing private debt platform.
High degree of investment autonomy and strategic influence.
Competitive remuneration package including performance-linked incentives.
Long-term career development within Luxembourg’s leading alternative investment ecosystem.

Tagged as: aifm, alternative funds, asset manager, german, investment manager, portfolio manager, private credit, private debt, python, transactions