Portfolio Manager, Fixed Income

City Of Edmonton; Edmonton; Hybrid; CAD 105,000 - 133,000; Full time

Job summary

The City of Edmonton is seeking a Portfolio Manager, Fixed Income, to manage an internal bond portfolio and contribute to a broader $2.0 billion investment strategy. This role includes strategic planning, financial direction, and opportunity to enhance investment earnings across various city funds, suitable for experienced finance professionals.

Qualifications

• Minimum 7 years of experience in an investment operation.
• Possess a strong understanding of Canadian fixed income markets.

Responsibilities

• Manage and trade an internal bond portfolio valued at approximately $1.0 billion.
• Conduct research and analysis to identify investment opportunities.
• Collaborate with other Portfolio Managers to develop investment strategies.

Skills

Financial management

Capital markets

Securities analysis

Portfolio management

Analytical capabilities

Communication skills

Interpersonal skills

Education

University Degree in Commerce with a major in Finance

Chartered Financial Analyst (CFA) designation

Job description

Are you an accomplished finance professional seeking a pivotal role in managing significant investment portfolios? The City of Edmonton is looking for a dedicated Portfolio Manager, Fixed Income to oversee an internal bond portfolio valued at approximately $1.0 billion. This critical position contributes to the success of our broader $2.0 billion fixed income portfolios, forming a key function within the City of Edmonton's overall $3.5 billion investment program. Beyond day-to-day portfolio management, this dynamic role also encompasses engaging in strategic planning and special projects initiated by City Council or other City departments, offering a unique opportunity to provide high-level financial direction across the organization.

What will you do

• Manage and trade an internal bond portfolio, primarily focusing on one valued at approximately $1.0 billion
• Stay updated on daily economic and corporate news to inform investment decisions
• Conduct intensive research and analysis on numerous security issuers to identify investment opportunities
• Forecast interest rate and credit spread movements to optimize portfolio performance
• Collaborate with and support other Portfolio Managers within the Investment Management Section
• Propose investment strategies for internally managed fixed income portfolios and contribute to the City's overall investment program
• Contribute significantly to the investment earnings of various City funds
• Maintain the City of Edmonton's approved list of bond investments, ensuring institutions meet stringent standards
• Work collaboratively with other Investment Management Section members to foster a high-performing team
• Possess a strong understanding of Canadian fixed income markets and settlement conventions
  

Qualifications

• University Degree in Commerce with a major in Finance
• Chartered Financial Analyst (CFA) designation
• Minimum 7 years of experience acquired through working in an investment operation of a large municipality, corporation or investment management firm

Assets:

• MBA or Master’s degree

Skills required for success:

• Comprehensive understanding of financial management, capital markets, securities analysis, and portfolio management
• Proficiency in accounting principles, practices, and relevant computer systems for investment management
• Strong analytical capabilities to develop effective investment policies and strategies for the City
• Excellent communication and interpersonal skills for interacting with various internal and external stakeholders, coupled with a high degree of initiative and independence
• Alignment to our Cultural Commitments and Leadership Competencies (https://bit.ly/4brRrXm)
• Embracing a culture of equity, diversity, reconciliation and inclusion (https://bit.ly/3hd2d95)
• Applicants may be tested

Conditions of employment and work environment:

• Up to: 1 permanent full-time position
• Hours of work: 36.9 hours per week, Monday - Friday
• Salary: $105,668.31 - $132,083.94 (Annually). This role offers a competitive base salary, plus a market adjustment, along with a variable pay component linked to performance targets (Interested candidates are asked to provide their salary/compensation expectations)
• This position may be eligible for a hybrid work arrangement with the flexibility to work from both home and the worksite
• This position is eligible for the EDO program (Earned Day Off)
• Hire is dependent upon a Police Information Check satisfactory to the City of Edmonton

The City of Edmonton values applicants with a diverse range of skills, experiences and competencies, and encourages you to apply. We strive to provide reasonable access and accommodations throughout the recruitment process. To request an accommodation, please contact [e-mail]. Learn more about our benefitshttps://bit.ly/COEbenefits.

Talent sourced through this process may be considered for similar opportunities within the City of Edmonton.

Talent Acquisition Consultant: AS/SB

Edmonton rests in the heart of Treaty Six territory in Alberta and the homelands of the Metis Nation.

Classification Title: Portfolio Manager, Investment
Posting Date: Jul 11, 2025
Closing Date: August 1, 2025 11:59pm (MDT)
Number of Openings (up to): 1 - Permanent Full-time
Union: Management
Department: Financial and Corporate Services
Work Location(s): Chancery Hall, 4th Floor, 3 Sir Winston Churchill Square Edmonton T5J 2C3