Fixed Income Portfolio Manager

C2R Ventures; Boston (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

A Boston-based investment management firm is seeking an Associate Portfolio Manager to join their Emerging Debt team. This role involves collaborating with portfolio managers to align SMAs with flagship strategies, maintaining client agreements, and executing trades. Candidates should have over 5 years of experience with emerging debt securities, strong communication skills, and proficiency in Aladdin for compliance and portfolio monitoring. The position is pivotal as it supports trade decisions and strategy adherence while managing client portfolios.

Qualifications

• 5+ years of experience analyzing and modeling emerging debt securities and derivatives.
• Strong understanding of investment guidelines and regulatory requirements.
• Ability to manage multiple accounts with varying guidelines.

Responsibilities

• Collaborate with PMs to align SMAs with flagship strategies.
• Maintain understanding of client Investment Management Agreements.
• Execute and monitor portfolio trades for subscriptions/redemptions.

Skills

Aladdin proficiency

Analytical skills

Communication skills

Organizational skills

Decision-making under pressure

Education

Bachelor’s Degree

Tools

Aladdin

Job description

Our client, a Boston-based investment manager, with around 80bn in managed assets, is seeking an Associate Portfolio Manager to join their Emerging Debt team.

This role emphasizes the successful replication of flagship strategies across multiple SMAs while ensuring strict adherence to client-specific guidelines and constraints, and with particular emphasis on real-time trading decisions, comprehensive allocation documentation, and detailed attribution analysis.

The current team is comprised of three PMs, two sovereign analysts, and two corporate analysts, all located in Boston. The team manages about $10 billion across benchmarked (hard currency, local currency, and blended) and total return strategies.

Responsibilities include, but are not limited to:

• Keep the SMAs in line with the main funds, working collaboratively with the PMs, and ensuring each SMA follows account-specific guidelines. The individual will work alongside the portfolio managers, traders, and research analysts providing critical support in the monitoring of strategies, analytics, portfolio characteristics, and supporting the portfolio management, trade allocation, and trading process. The individual will also be responsible for maintaining reports for key portfolio exposures and communicating these exposures to SMA clients. Over time, the Associate PM’s role will grow toward becoming more involved in the investment process.
• Maintain thorough understanding of client Investment Management Agreements (IMAs), investment guidelines, and operational requirements. For new clients, work with the client to align IMAs to flagship wherever possible.
• Monitor and execute portfolio trades related to subscriptions/redemptions
• Maintain constant real-time monitoring of flagship strategy trading activity to identify participation opportunities. Make split-second decisions on trade participation based on comprehensive analysis of account guidelines, constraints, and portfolio needs, using Aladdin as pre-trade compliance where applicable.
• Work proactively with flagship portfolio manager to quickly bundle SMA trades with flagship strategy execution when participating, ensuring no delay to flagship implementation
• Where restrictions from participating exist, quickly determine if alternatives/substitutes might be permitted
• 5+ years of experience analyzing and modeling emerging debt securities and derivatives (credit, rates, fx).
• Bachelor’s Degree required
• Strong understanding of investment guidelines, regulatory requirements, and operational constraints
• Demonstrated ability to use Aladdin is required, including portfolio monitoring, trading, compliance, performance attribution, and client reporting.
• Demonstrated track record of managing multiple accounts with varying guidelines
• Ability to make quick, well-documented decisions under time pressure
• Demonstrated ability to work well under pressure and have strong organizational and communication skills to manage the portfolio process and workflow effectively
• Strong math skills are required, and a candidate should quickly grow to have intuitive understanding of basic allocation problems and procedures