Associate Portfolio Manager, L&G - Asset Management, America

L&G – Asset Management, America; Chicago (IL); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Health insurance

Job summary

L&G Asset Management, America is seeking an Associate Portfolio Manager, Emerging Markets to support the EM portfolio management team in implementing and monitoring client portfolios in line with investment objectives and risk controls. The role involves trade support, cash management and reporting under the guidance of senior portfolio managers.

You will collaborate with analysts, traders and compliance, contributing to investment opportunities, index tracking and performance attribution while

Qualifications

• Bachelor's degree in Finance, Economics or a quantitative field required.
• CFA or Master’s degree preferred.
• 5+ years of buyside experience in investment management or sell side experience on trading desk, preferably within emerging markets fixed income.
• Knowledge of fixed income concepts including duration, spread risk, yield curve positioning, and performance attribution.
• Working knowledge of emerging market debt markets and global macroeconomic developments.
• Background in Latam corporate credit space is preferred.
• Advanced AI, Bloomberg and strong Excel skills required.
• Strong analytical, quantitative, and problem-solving abilities.
• Ability to work effectively in a fast-paced environment while managing multiple competing priorities.
• Strong written and verbal communication skills.
• Demonstrated attention to detail and commitment to accuracy

Responsibilities

• Support portfolio construction and implementation activities across Emerging Markets mandates and client portfolios.
• Monitor portfolio exposures, position weights, duration, spread risk, sector allocations, and other risk metrics relative to benchmarks and portfolio guidelines.
• Construct and submit trade orders under the direction of portfolio managers.
• Monitor portfolio holdings and trade activity for compliance with client investment guidelines and internal policies.
• Manage portfolio cash balances, contributions, withdrawals, corporate actions, and benchmark changes.
• Analyze portfolio positioning and performance to support investment decision-making.
• Support portfolio reporting activities, including performance analysis, attribution, risk metrics, portfolio changes, and client-facing materials.
• Collaborate with Research Analysts and Portfolio Managers to evaluate investment opportunities and implement approved investment decisions.
• Coordinate with Trading, Compliance, Legal, Operations, and other internal stakeholders to facilitate portfolio management activities.
• Maintain accurate portfolio records and ensure timely completion of portfolio management processes and controls.
• Adhere to all applicable regulatory, compliance, risk management, and ESG-related requirements.

Skills

Analytical skills

Strong communication skills

Advanced AI

Detail-oriented

Multitasking under pressure

Education

Bachelor's degree in Finance, Economics or quantitative field

CFA or Master’s degree preferred

Tools

Excel

Bloomberg Terminal

Job description

Company Description

L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet.

L&G's Asset Management business is a major investor across public and private markets worldwide, with $1.533 trillion in AUM.* Our clients include individual savers, pension scheme members and global institutions, who invest alongside L&G’s own balance sheet.

Our ambition is to be a leading global investor, innovating to solve complex challenges for our clients using the power of L&G. This is rooted in our investment philosophy and processes, which are focused on creating value over the long term.

We believe that incorporating financially material sustainability criteria, when relevant to our clients, can generate value and drive positive change.

Job Description

The Associate Portfolio Manager, Emerging Markets works closely with the Emerging Markets portfolio management team to support the management of client portfolios in accordance with investment objectives, portfolio guidelines, and LGIMA investment strategy views. The role is responsible for portfolio implementation, monitoring, trading support, cash management, risk oversight, and portfolio reporting activities across Emerging Markets strategies. Working under the direction of senior portfolio managers, the Associate Portfolio Manager helps ensure efficient portfolio execution and adherence to client, regulatory, and risk requirements.

Scope / Influence

Supports portfolio implementation and monitoring activities across Emerging Markets strategies. Influences portfolio outcomes through portfolio analytics, trade implementation, cash management, risk monitoring, and operational coordination. Works closely with Portfolio Managers, Research Analysts, Trading, Operations, Compliance, and other internal business partners to facilitate efficient portfolio management and execution. Operates without independent investment authority and escalates investment recommendations and portfolio decisions to senior portfolio managers

Responsibilities

Regular Duties

• Support portfolio construction and implementation activities across Emerging Markets mandates and client portfolios.
• Monitor portfolio exposures, position weights, duration, spread risk, sector allocations, and other risk metrics relative to benchmarks and portfolio guidelines.
• Construct and submit trade orders under the direction of portfolio managers.
• Monitor portfolio holdings and trade activity for compliance with client investment guidelines and internal policies.
• Manage portfolio cash balances, contributions, withdrawals, corporate actions, and benchmark changes.
• Analyze portfolio positioning and performance to support investment decision-making.
• Support portfolio reporting activities, including performance analysis, attribution, risk metrics, portfolio changes, and client-facing materials.
• Collaborate with Research Analysts and Portfolio Managers to evaluate investment opportunities and implement approved investment decisions.
• Coordinate with Trading, Compliance, Legal, Operations, and other internal stakeholders to facilitate portfolio management activities.
• Maintain accurate portfolio records and ensure timely completion of portfolio management processes and controls.
• Adhere to all applicable regulatory, compliance, risk management, and ESG-related requirements.

Ad Hoc / Project-Based Work

• Assist with portfolio transitions, client onboarding activities, and funding events.
• Support preparation of investment presentations, marketing materials, and client meeting content.
• Contribute to investment team projects and strategic initiatives.
• Conduct portfolio and risk-related analyses to support research and portfolio management efforts.
• Recommend and assist in implementing process improvements, automation opportunities, and operational efficiencies across the investment platform.
• Participate in investment committee preparation and strategy-related projects as assigned.

Qualifications

• Bachelor's degree in Finance, Economics or a quantitative field required.
• CFA or Master’s degree in relevant field is preferred.
• 5+ years of buyside experience in investment management or sell side experience on trading desk, preferably within emerging markets fixed income
• Knowledge of fixed income concepts including duration, spread risk, yield curve positioning, and performance attribution.
• Working knowledge of emerging market debt markets and global macroeconomic developments.
• Background in Latam corporate credit space is preferred.
• Advanced AI, Bloomberg and strong Excel skills required.
• Strong analytical, quantitative, and problem-solving abilities.
• Ability to work effectively in a fast-paced environment while managing multiple competing priorities.
• Strong written and verbal communication skills.
• Demonstrated attention to detail and commitment to accuracy

Additional Information

The starting salary offer will vary based on multiple factors, including but not limited to the applicant’s education, job-related experience, skills, and abilities, geographic location, and market factors. This position is also eligible to participate in the company’s annual discretionary bonus plan. Full time employees may be eligible for health insurance with an optional HSA, short term disability, long term disability, dental insurance, vision care, life insurance, Healthcare, Dependent and Limited Care Flexible Spending Accounts, 401K, vacation, sick time, an employee assistance program, and commuter and transit programs. Additional voluntary programs include: supplemental health benefits including accidental injury, critical illness and hospital indemnity insurance and pet insurance.

EOE Statement

As an EOE employer, L&G Asset Management, America will extend equal opportunity to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, ancestry, national origin, age, disability, medical condition, genetic information, marital status, pregnancy, military status, and/or any other characteristic protected under applicable federal, state or local laws governing non-discrimination in employment. (2025)