Portfolio Manager - Institutional Investments

Financeroles; Bloomington (IN); On-site; USD 148,000 - 204,000; Full time

Benefits offered by this job

Short-Term Incentive plan

Benefits package

Job summary

COUNTRY Financial is seeking an experienced Portfolio Manager to join our Institutional Investments team and oversee multiple portfolios with over $20 billion in assets. The role involves sourcing, underwriting, structuring, negotiating and monitoring private placements and commercial mortgage investments, with collaboration across investments, actuarial, risk, accounting and legal functions.

The ideal candidate has extensive private placement or CTL experience in an insurance, pension or

Qualifications

• 10+ years of relevant experience or an equivalent combination of experience, education and training.
• CFA designation or progress toward completion.

Responsibilities

• Research and analyze investment ideas, develop portfolio management strategies and monitor portfolio results.
• Provide investment recommendations and monitoring aligned with investment policies and risk controls.
• Collaborate with colleagues across investments, actuarial, risk, accounting and legal to support income, liquidity and asset-liability objectives.
• Specialize in Fixed Income or Mortgage/Real Estate investments and manage related underwriting and monitoring tasks.

Skills

Portfolio management

Credit analysis

Financial modeling

Communication skills

Education

CFA designation in progress

Job description

Experience more with a career at COUNTRY Financial!

About the role

COUNTRY Financial is seeking an experienced Portfolio Manager to join our Institutional Investments team and help manage over $20 billion across insurance company and pension portfolios. As part of a highly collaborative investment organization with broad exposure to public and private markets, this role will have meaningful responsibility for sourcing, underwriting, structuring, negotiating, and monitoring private placement debt or commercial mortgage investments. The Portfolio Manager will develop investment and relative-value recommendations, manage credit and portfolio risks, and partner with colleagues across investments, actuarial, risk, accounting, and legal to support income, liquidity, capital, and asset-liability management objectives. The ideal candidate will bring significant experience managing private placement or commercial mortgage investments for an insurance company, pension plan, asset manager, or other institutional investor, along with the independent judgment and communication skills needed to influence investment decisions and contribute to a disciplined, team-oriented investment process.

Responsible for research and analysis of investment ideas, development of portfolio management strategies, and monitoring of portfolio results. The specific focus of the job may range from investment analysis of specific securities, industries and industry sectors to management of investment portfolios within appropriate investment policies.

Manages an assigned segment of investments within a variety of insurance company and pension portfolios, specializing in one of the following:

• Fixed Income Investments: Sources, underwrites, negotiates, and manages private placement and Credit Tenant Loan (CTL) investments. Conducts comprehensive credit, structural, and relative-value analysis across a broad range of privately placed debt opportunities. Monitors market conditions, issuer fundamentals, credit quality, collateral performance, and portfolio exposures to identify investment opportunities and emerging risks.
• Mortgage/Real Estate Investments: Underwrites and negotiates terms and pricing of commercial mortgage investments in a competitive environment, along with monitoring the existing portfolio. Manages workout situations and the real estate owned portfolio to achieve the best possible outcomes for insurance company clients.

How does this role make an impact?

• Works in a collaborative team environment that combines security selection, valuation analysis, security trading, portfolio management, performance monitoring, and ongoing evaluation of investment strategies to implement the appropriate investment policies of the organization.
• Evaluates new investment technologies, strategies and vehicles for application in investment portfolios.
• Provides market insights and contributes to economic outlook for corporate planning purposes.
• Collaborates extensively with other employees across the organization on activities such as risk management, income and yield maintenance, asset liability matching, liquidity management, cash flow modeling, or other institutional asset management activities.

Do you have what we're looking for?

• Typically requires 10+ years of relevant experience or a combination of related experience, education and training.
• Chartered Financial Analyst (CFA) designation or progress towards completion.

Base Pay Range:

$148,400-$204,050

The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.

Incentive Pay:

In addition to base salary, this position is eligible for a Short-Term Incentive plan.

Why work with us?

Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We're a big company, yet small enough you can make an impact and won't get lost in the shuffle. you'll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

you'll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.

COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.