Impactful Private Credit Portfolio Manager

Texas Municipal Retirement System; Austin (TX); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Competitive pay based on experience

Participation in TMRS pension plan with 2:1 organization match

Medical, dental, and vision insurance at no cost to employees

Generous leave and 12 paid holidays

Modern office in centrally located Austin

Job summary

The Texas Municipal Retirement System in Austin, TX, is hiring a Portfolio Manager to oversee fixed income investments and private credit portfolios within a $44 billion Trust Fund. This role will involve sourcing opportunities, conducting due diligence, and developing investment recommendations. Strong analytical skills and a collaborative mindset are essential to effectively contribute to the investment department.

The successful candidate will have at least a Bachelor’s degree in a relevant field and two years of experience in finance or credit analysis. Excellent communication skills and a commitment to public service are crucial.

Qualifications

• Two or more years of experience in manager selection, fixed income, or credit analysis.
• Ability to travel.
• Certification (CFA, CAIA) preferred.

Responsibilities

• Source and evaluate investment opportunities for private credit.
• Lead due diligence and present recommendations.
• Monitor and analyze portfolio performance.

Skills

Investment analysis

Due diligence

Negotiation

Financial reporting

Effective communication

Education

Bachelor’s degree in finance, economics, accounting, or related field

Job description

The Texas Municipal Retirement System in Austin, TX, is hiring a Portfolio Manager to oversee fixed income investments and private credit portfolios within a $44 billion Trust Fund. This role will involve sourcing opportunities, conducting due diligence, and developing investment recommendations. Strong analytical skills and a collaborative mindset are essential to effectively contribute to the investment department.

The successful candidate will have at least a Bachelor’s degree in a relevant field and two years of experience in finance or credit analysis. Excellent communication skills and a commitment to public service are crucial.