ForgeApply
Try it free

ForgeApply · Job listing

Vice President, Portfolio Manager - Credit Evergreen

HarbourVest

Boston, US$175k – $200konsite

See all 51 open roles at HarbourVest

Tailor your resume for this HarbourVest job in about a minute.

ForgeApply tailors your resume and cover letter to this exact posting, then hands you a ready-to-submit application for HarbourVest's site. Free trial, no card required.

About this role

Job Description Summary For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that’s marked by low turnover and high energy, you’ll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

HarbourVest is seeking a Vice President, Portfolio Manager to join our Evergreen Solutions team on a permanent, full-time basis. Guided by a clear and ambitious mission, the Evergreen Solutions Team is enabling HarbourVest to become the leading multi-manager provider of private markets focused evergreen solutions for wealth and institutional investors globally.  Our team blends deep investment expertise with industry‑leading data, technology, and portfolio management capabilities to deliver seamless, scalable solutions for institutions and wealth partners. We collaborate across HarbourVest to build purpose‑built tools, streamline operations, and deliver transparent insights that support thoughtful allocation and long‑term portfolio construction

The Vice President, Portfolio Manager will be an integral part of our Credit Evergreen strategy which will initially consist of two funds (one for US Investors and one for Non-US Investors). They will execute our credit investment strategy, support allocation between credit opportunities, investment monitoring and liquidity management for all Credit Evergreen funds. The selected candidate will work as part of a small, dedicated Credit Evergreen team reporting into a Boston based Managing Director (MD). They will support the MD and a London based Principal in presenting recommendations on the aforementioned funds to our internal Evergreen Portfolio Management Committee (“EPMC”) made up of senior professionals at the firm. The EPMC body is responsible for the decision making on all Evergreen funds, but the committee looks to the senior credit focused professionals for guidance and recommendations.  In addition to these specific responsibilities, the individual selected will participate and, over time, potentially lead presentations marketing the fund to new clients in a variety of forms, such as roadshows with distributors and themed conference presentations.

The ideal candidate is someone who is: • Capable of working in a small team

• Willing to take measured risks and able to adapt as required

• Easily processes feedback from multiple sources

• Confident in presenting their fund and recommendations to an internal audience

• Capable of thinking and acting globally

• Consistently high standards in professional appearance

What you will do: Portfolio Construction • Support portfolio construction for open-ended credit evergreen funds

• Support senior team members in allocation and provide input to the EPMC as necessary to build diversified portfolios across private credit opportunities with clear target parameters, sizing, and risk budgeting

• Lead discussions around the development and implementation of investment capacity

• Attend strategy investment committee meetings to understand asset profiles for open-ended evergreen funds

Liquidity Management and Risk Management • Manage provision of liquidity analysis, subscriptions, redemptions, credit facility sizing/usage, hedging, and portfolio asset sales

• Develop and implement portfolio stress testing ensuring appropriate scenario analysis incorporating liquidity, spreads and defaults/recoveries

• Understand Credit pricing dynamics and valuation models including in secondary markets with the ability to explain outcomes to internal and external audiences

Fundraising & Client Service • Support fundraising meetings alongside Wealth and IR colleagues targeting existing clients, distribution partners, prospective distributions, and prospective investors. This includes SMA clients

• Working with marketing to provide structured market outlook analysis, ensuring consistency with investment strategies

• Support with client requests and fundraising inquiries. This includes reviewing answers for accuracy

Regulatory Requirements • Work with Legal, Regulatory and Compliance colleagues to ensure the Credit Evergreen portfolio management team fulfills all board and regulatory reporting for US and European regulators

Wealth Channel Business Development & Planning • Maintain a general awareness of new product roadmap and timelines.

• Aid with new product launches (seed asset review, credit facility strategy, liquidity and stress testing, tactical plan development, etc)

Team Building • Develop relationships with the broader Evergreen Fund Management, Evergreen Solutions and Wealth team, providing support to help us scale while providing leverage for the HarbourVest platform.

What you bring: • At least 6 years of private credit investing experience with a track record in designing and implementing targeted portfolio construction in credit portfolios that encompass sub asset classes with varying risk and return profiles

• Knowledge of evergreen products and regulations including those with monthly or quarterly redemptions

• Sufficient IT capability to interact with colleagues in the design, implementation and improvement of tools designed to improve portfolio management

• Top level communications skills with ability to deliver it across mediums

Education Preferred • Bachelor of Arts (B.A), Bachelor of Science (B.S), or equivalent experience required

• Masters in Busin

Salary insight

The midpoint of this range ($188k) is about 19% above the median disclosed salary for Boston roles listed on ForgeApply ($158k across 1,967 jobs).

Based on live postings with disclosed pay on ForgeApply; refreshed daily. Not an estimate of this employer's offer.

Tailor your resume for this HarbourVest role before you apply.

Tailor my resume for this job

Similar jobs

Free ATS checker · How to Tailor Your Resume to a Job Description (Step by Step)