Freelance Portfolio Risk Management Jobs in California

Oaktree is a leader among global investment managers specializing in alternative investments, with about $200 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 24 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

For additional information please visit our website at www.oaktreecapital.com

Responsibilities

Oaktree's Risk, Reporting & Analytics (RR&A) team is seeking a Vice President to lead and support portfolio construction, risk analysis, and quantitative insight for the firm's U.S. and European High Yield and Senior Loan strategies. The individual will play a central role in developing and interpreting fixed income attribution and risk models, enhancing portfolio analytics infrastructure, and partnering directly with investment teams to deliver actionable insights.

This role requires deep subject matter expertise in leveraged credit markets and a strong understanding of fixed income investment analytics, reporting, and data architecture. The successful candidate will help lead cross-functional efforts across investment, data, and technology teams, and will advocate for the value of quantitative investment strategies throughout the organization.

Key responsibilities include:

• Designing and interpreting fixed income attribution, portfolio construction, and risk models & analysis to support portfolio construction and performance analysis;
• Serving as the go-to resource for portfolio managers on risk, construction, and analytical questions; helping ensure seamless coordination across portfolio operations, data flows, and investment implementation processes;
• Translating complex quantitative models into clear insights for investment teams and senior leadership;
• Leading the build-out and maintenance of reporting infrastructure using SQL, Python, Power BI, and cloud-based tools;
• Working closely with portfolio managers across U.S. and European High Yield and Senior Loan strategies to enhance investment decision-making;
• Collaborating with Business Analysts and IT to improve data systems, pipelines, and automation capabilities;
• Supporting firmwide understanding of RR&A deliverables, data environments, and third-party data sources (e.g., FactSet, Bloomberg); and
• Ensuring analytical output is accurate, consistent, and aligned with Oaktree's investment philosophy.

Qualifications

• 8+ years of experience at an asset manager, investment bank, or other financial institution focused on fixed income or credit analytics;
• In-depth understanding of high yield bonds, leveraged loans, and the broader leveraged credit market;
• Experience with fixed income attribution and portfolio risk models; familiarity with tools like FactSet, Bloomberg, and proprietary analytics platforms;
• Strong technical proficiency, including advanced SQL and Python, and experience building reports in Power BI;
• Understanding of cloud data architectures and large-scale data workflows;
• Experience managing cross-functional projects and communicating with stakeholders across investment and technology teams;Personal Attributes
• Highly analytical and intellectually curious, with a passion for markets and data.
• Confident communicator able to influence across investment and technology teams.
• Detail-oriented with strong organizational and project management skills.
• Collaborative and team-oriented, with the ability to mentor junior team members.
• Demonstrated integrity, professionalism, and commitment to Oaktree's values.
• A solutions-oriented mindset and passion for improving investment processes through technology.

Education

Bachelor's degree required; advanced degree (MFE, MS, MBA) or CFA preferred.

Base Salary Range

$175,000-$200,000

In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, acomprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.