Voya Financial, Inc

Senior Portfolio Manager, Mortgage Derivatives

Voya Financial, Inc$175K — $225K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree with extensive investment experience; advanced degree, MBA, and/or CFA preferred.
  • Strong understanding of structured mortgages, mortgage prepayments, and related financial markets.
  • Excellent research and idea generation capabilities with a strong judgment on risk and valuation.
  • Strong communication and client relationship skills; persuasive in presentations.
  • Values aligned with Voya's focus on ethics, accountability, and teamwork.

Responsibilities

  • Generate and execute investment strategies in securitized products, focusing initially on liquid agency MBS.
  • Collaborate with team members to incorporate individual insights into overall portfolio strategies.
  • Contribute innovative ideas and challenge existing perspectives to enhance investment approaches.
  • Present investment strategies to clients and senior management, fostering client relationships and business growth.

Benefits

  • Health, dental, vision, and life insurance plans available.
  • 401(k) Savings plan with generous employer matching (up to 6%).
  • Employer-paid cash balance retirement plan (4%).
  • Tuition reimbursement of up to $5,250 per year.
  • 20 days paid time off, nine holidays, and a flexible Diversity Celebration Day.
  • 40 hours of paid volunteer time per year.
Full Job Description
Job Purpose

The Voya Investment Management (Voya IM) Mortgage Derivatives Team manages approximately $6 billion across a number of portfolios. Its flagship, the Voya Mortgage Investment Fund, is one of the largest and most well-recognized hedge funds in the mortgage space, run by a deep, tenured team with more than three decades of track record. The team also manages proprietary and external client capital across insurance, real money, and other institutional mandates. Rooted in mortgage derivatives and prepayment-sensitive assets, the team's investment toolkit spans liquid agency MBS, CMO structuring and arbitrage, credit risk transfers, mortgage servicing rights, and non-agency MBS. The team operates as a levered, total-return strategy serving a diverse client base.

As a Senior Portfolio Manager, you will be a key contributor to the overall performance of the team and help drive superior results, with an initial focus on liquid agency MBS. The successful candidate brings substantial investment experience and a demonstrated track record, buy-side or sell-side. Level, title, and compensation are shaped around the candidate's experience and track record. Pay is weighted toward incentive and tied to the investment results.

Please Note: This will be an office centric role and will be based in our Atlanta, GA office.

Key Responsibilities
  • Take initiative as an individual risk-taker to generate, size, and execute investment strategies within securitized products in the context of levered, total-return portfolios, with an initial focus on liquid agency MBS.
  • Collaborate with the team to integrate individual views into portfolio-level positioning, contributing to and benefiting from the team's collective expertise and analytical infrastructure.
  • Bring new ideas, perspectives, tools, and markets to the team; the strongest candidates challenge our thinking, look at problems through a novel lens, and are unafraid to be contrarian.
  • Present to clients and senior management, articulate the investment strategy of the portfolios, build and maintain client relationships, and help grow the business.


Qualifications
  • Bachelor's degree with material investment experience and a demonstrated track record, either buy-side or sell-side; advanced degree, MBA, and/or CFA a plus.
  • Working knowledge of structured mortgages, mortgage prepayments, OAS modeling, and related markets such as rates, credit, or derivatives; deeper expertise in any subset of securitized products is welcome.
  • Excellent intellectual capacity with strong skills in generating ideas and conducting research; confidence to make judgments regarding structure, risk, and valuation; a proactive, can-do attitude undaunted by ambiguity and focused on adding value beyond a strict job definition.
  • Excellent organizational and communication ability; strong written and oral presentation capabilities; exemplary interpersonal and client-facing skills.
  • Values consistent with Voya's, including strong ethics and integrity, accountability, teamwork, and passion for the client.


Additional Information

This position may require both domestic and international travel.

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Compensation Pay Disclosure:

Voya is committed to pay that's fair and equitable, which means comparable pay for comparable roles and responsibilities.

The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long-term incentives) based on the role to reward the achievement of annual performance objectives. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Voya Financial is willing to pay at the time of this posting.

Actual compensation offered may vary from the posted salary range based upon the candidate's geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$175,000 - $225,000 USD

Be Well. Stay Well.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That's why we offer an array of plans, programs, tools and resources with one goal in mind: To help you and your family be well and stay well.

What We Offer
  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan - with generous company matching contributions (up to 6%)
  • Voya Retirement Plan - employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off - including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time - 40 hours per calendar year


Learn more about Voya benefits (download PDF)

Critical Skills

At Voya, we have identified the following critical skills which are key to success in our culture:
  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.


Learn more aboutCritical Skills

About Voya Financial, Inc

Voya Financial, Inc. is an American financial, retirement, investment, and insurance company based in New York City. The company was formed in 1991 as ING U.S., Inc. and was renamed Voya Financial in 2014. Voya Financial operates in the United States and has more than 6,000 employees. The company provides retirement, investment, and insurance solutions to individuals and businesses.
Learn more about Voya Financial, Inc
Size
6,000 employees
Market Cap
$5.8 billion
Industry
Net Income
-$206 million
Founded
1991
5 Year Trend
-13.7%
Revenue
$7.7 billion
NASDAQ

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