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Senior Portfolio Manager | Sterling Bond Income | SAM UK | London

London
Posted 1 day ago
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Senior Portfolio Manager | Sterling Bond Income | SAM UK | London

Senior Portfolio Manager | Sterling Bond Income | SAM UK | London

Country: United Kingdom


IT STARTS HERE

Santander Asset Management (SAM) is a €280bn global asset manager operating across 10 countries and with more than 50 years of experience. SAM combines the best of complementary worlds, technology and expertise, to provide optimal solutions for clients. We deliver a simple, innovative and transparent service with a sole objective: offer our clients a comprehensive range of products with the right balance between risk and return.

As SAM UK, we are building a more commercially focussed, customer first, growth asset manager to serve the local market, providing solutions to meet UK customers and institutions.

Our behaviours underpin everything we do; we think clients, embrace change, act now, move together and speak up.


THE DIFFERENCE YOU MAKE

Santander Asset Management are looking for a Senior Portfolio Manager (Sterling Bond Fund), based out of London.

The Senior Portfolio Manager, Sterling Bond Fund will lead the management of an in-housed £1bn Sterling bond mandate, based in London with a UK and global remit. This is a senior role combining investment leadership with commercial responsibility.

You will hold lead portfolio management responsibility for the Sterling bond strategy, pairing strong portfolio construction and credit analysis capabilities with the seniority to help build the business, engaging directly with retail and institutional clients and acting as a senior face for our UK fixed income franchise.

You will work closely with, and leverage, our existing bond credit and macro teams in Madrid and globally, ensuring the UK strategy is fully integrated with the firm’s wider fixed income research and risk infrastructure.

You will be expected to bring local, direct fixed income expertise that can also be deployed across institutional mandates, including insurance.

Beyond day-to-day portfolio management, the role carries clear business-building expectations: growing the fund, supporting the launch of new products, and developing our UK fixed income offering across both retail and institutional channels.

We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas.

To succeed in this role, you will be responsible for:

  • Lead the investment management of the £1bn Sterling Bond Fund, with overall responsibility for portfolio performance, construction and risk management.
  • Develop and implement investment strategies through rigorous credit analysis, macroeconomic assessment and portfolio optimisation.
  • Collaborate with UK and global fixed income teams to leverage research, credit insights and risk management capabilities.
  • Represent the Sterling Bond strategy internally and externally, acting as a senior point of contact for retail, institutional and insurance clients.
  • Drive the growth of the Sterling Bond Fund by supporting business development initiatives, client engagement and the launch of new fixed income products.
  • Provide fixed income expertise across institutional mandates, contributing to broader investment solutions and strategic initiatives.
  • Ensure investment activities are conducted in accordance with regulatory requirements, internal governance standards and the firm's investment philosophy.
  • Contribute to the ongoing development of the UK fixed income franchise, supporting the firm's long-term growth strategy and strengthening its market presence.

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WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

  • Extensive experience managing Sterling fixed income portfolios, with a strong track record in portfolio construction, credit analysis and delivering investment performance.
  • In-depth knowledge of fixed income markets, including government and corporate bonds, interest rate risk, credit risk and macroeconomic drivers.
  • Strong analytical and investment decision-making skills, with the ability to assess complex market information and translate it into effective investment strategies.
  • Proven ability to build and maintain relationships with institutional and retail clients, acting as a credible representative of the investment strategy.
  • Experience working collaboratively within global investment teams and contributing to business growth through product development, client engagement and strategic initiatives.

Education

  • Whilst a degree is not essential for the role provided there is a strong professional track record in fixed income portfolios, it is considered advantageous for the role holder to have a master’s degree (or equivalent) in Engineering, Business Administration, Economics, Mathematics, or related disciplines.
  • Professional certifications such as CFA, CAIA, or equivalent will be considered highly desirable.

WE VALUE YOUR IMPACT

At Santander Asset Management, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return. Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you make for our clients, and the opportunities you have to grow and thrive — personally and professionally.

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How we’ll reward you

  • As well as a competitive salary, we offer a wide range of benefits that you can choose from and tailor to your needs.
  • Eligible for a competitive discretionary performance-related annual bonus
  • Hybrid ways of working providing flexibility to work from home 2 days per week (on average)
  • We put 8% of salary into your pension even if you don’t contribute yourself, and up to 12.5% if you do
  • 30 days’ holiday plus bank holidays
  • Company funded private medical insurance
  • Free access to a range of digital health services, including GP.
  • Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
  • Voluntary healthcare benefits for you and your family at discounted rates, including dental insurance.
  • And much more…

OUR COMMITMENT

At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation. We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates.

We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

Right to work in the UK

Every individual must have the right to work in the UK to commence employment with Santander either by way of nationality, visa or work permit. If you do require a working visa / permit this will not influence our decision on whether to progress your application. However, if you do not have a right to work, or an application for a working visa / permit is unsuccessful, Santander will not proceed with your application and will withdraw any conditional offer previously made.


WHAT TO DO NEXT

If this sounds like a role you are interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through email.

You can contact us at resourcing@santander.co.uk.


The Santander Effect

Our work touches 140 million lives every day. How? By always innovating, sharing our experiences, questioning how we do things and adapting to new challenges. As we keep reinventing ourselves for the digital age, you’ll find that with us, even your smallest action will have a massive impact. That’s the Santander Effect.

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Skills

Portfolio Construction
Credit Analysis
Fixed Income Management
Risk Management
Macroeconomic Assessment
Client Engagement
Business Development
Investment Strategy
Sterling Bond Management
Institutional Client Relations
Product Development
Regulatory Compliance

Location

London, England, United Kingdom

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