Associate Portfolio Manager – North America, Fixed Income

Norges Bank Investment Management; New York (NY); Hybrid; USD 140,000 - 165,000; Full time

Job summary

An established industry player is seeking an Associate Portfolio Manager to join their North America Fixed Income team. This role offers a unique opportunity to engage in market analysis and research while developing quantitative strategies that drive excess returns. You will work closely with experienced portfolio managers and traders, contributing to a culture of excellence and collaboration. With a competitive salary and a commitment to professional growth, this position is perfect for someone passionate about financial markets and eager to make a significant impact in a dynamic environment.

Benefits

Comprehensive healthcare

Generous vacation

Long-term savings plans

Parental leave

Flexible hybrid work

Qualifications

• 2-4 years of experience in finance, particularly in quantitative analysis.
• University degree in finance, economics, or mathematics; CFA or master's preferred.

Responsibilities

• Conduct market analysis to support macro and relative value strategies.
• Develop models and maintain infrastructure related to government securities.

Skills

Quantitative Analysis

Financial Market Analysis

Python

Excel/VBA

SQL/Snowflake

Education

University degree in Finance

CFA charter

Master's degree in Economics or Mathematics

Tools

Excel

Python

SQL

Snowflake

Job description

Join to apply for the Associate Portfolio Manager – North America, Fixed Income role at Norges Bank Investment Management.

Norges Bank Investment Management is seeking an outstanding individual to join our successful North America Fixed Income team, part of the Market Strategies Investment Area. The role involves monitoring global fixed income markets, focusing on the United States and Canada, with the goal of generating excess returns through macro fundamental and relative value strategies. This position offers an excellent opportunity for growth into a risk-taking role within an established team of three portfolio managers and three traders, fostering a culture of excellence, passion, support, and enjoyment.

You will report to the Head of Fixed Income North America and work from our New York office. Candidates must have valid U.S. work authorization; visa sponsorship is not available.

Duties and Responsibilities

What you will do

• Conduct market analysis and research to support macro and relative value strategies, ideally utilizing quantitative and tech skills.
• Assist Senior PMs with tasks such as PnL monitoring, strategy attribution, and preparing presentations.
• Develop and maintain infrastructure including models, signal generation, scenario analysis, and credit analysis related to government securities.
• Generate trade ideas by proposing themes and opportunities across various markets including rates, FX, derivatives, and credit.

Qualifications

What You Need

• 2-4 years of experience in finance; experience with quantitative analysis or managing fixed income portfolios is a plus.
• University degree in finance, economics, or mathematics; CFA charter or master's degree is advantageous.
• Proficiency in technology (Python, Excel/VBA, SQL/Snowflake) and strong quantitative skills.

Who You Are

• Passionate about financial markets and macroeconomics.
• Capable of managing risk with rigorous analysis.
• A team player with a positive attitude and strong work ethic.
• Fluent in English, both written and spoken.

What We Offer

We provide a dynamic, international working environment with opportunities to contribute to safeguarding and growing financial wealth for future generations. Our culture emphasizes continuous learning, digital proficiency (including AI), wellbeing, diversity, and a fun, trust-based environment.

Benefits include comprehensive healthcare, generous vacation, long-term savings plans, parental leave, flexible hybrid work, competitive salary ($140,000–$165,000), and more.

Interested?

Apply via the link in this ad. Applications are reviewed on a rolling basis. Employment is contingent upon security checks in accordance with Norges Bank policies.

Contacts

Joseph Berbari, Head of North America, Fixed Income: [e-mail]

Kristin Miai Birkeland, Talent Acquisition: [phone]

Location

5th Ave, New York, NY 10017