Senior Fund Manager

Datamanagementgroup; Arlington (VA); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Competitive compensation package

Retirement benefits

Education benefits

Job summary

Datamanagementgroup in Arlington, Virginia, is seeking a Senior Fund Manager to lead the management of proprietary fixed-income funds. Responsibilities include overseeing investment management, performing due diligence on funds and asset managers, and developing effective investment strategies. The candidate should have extensive investment experience, preferably with a CFA Certification, and strong communication skills. The position offers a competitive compensation package and opportunities for professional development within a respected asset management firm.

Qualifications

• Extensive investment experience (7-10 years) emphasizing fixed-income portfolio analysis.
• Strong written and oral communication skills.
• Ability to work effectively in a team environment across department lines.

Responsibilities

• Manage sub-advised proprietary fixed-income/stable funds and investment oversight.
• Perform due diligence on funds/portfolios/asset managers.
• Research and present reports on funds and portfolios.

Skills

Investment experience

Communication skills

Teamwork

Analytical skills

Attention to detail

Education

CFA Certification or equivalent experience

Job description

The Senior Fund Manager will take a lead role in the management of sub‑advised proprietary fixed income funds and/or in the investment management oversight of certain fixed income funds/portfolios and external asset managers. You will work with the VP of Fixed Income and other senior investment personnel, in developing and implementing fixed income and stable value fund/portfolio strategies and stable value investment products. In addition to other responsibilities assigned, the Senior Fund Manager will also be integral in planning, managing projects and liaising with other groups and departments of the Corporation and with external parties.

Note: This role is not a portfolio manager position.

Candidate Qualifications

• Extensive investment experience (7-10 years) with emphasis on fixed‑income portfolio analysis; investment and economic trends; broad knowledge of fixed income securities/stable value investments; attention to detail; and communication of investment‑related information.
• CFA Certification is strongly preferred (or equivalent experience).
• Investment management experience with manager‑of‑managers, subadvisory relationships, or manager evaluation is strongly preferred.
• Knowledge of the investment industry, investments and its applications.
• Ability to work effectively in a team environment across department lines.
• Ability to work effectively and professionally in a very fast‑paced environment with often competing priorities.
• Strong written and oral communication skills.
• Ability to provide effective presentations to internal and external groups, including boards.

Essential Functions

• Management of sub‑advised proprietary fixed‑income/stable funds and/or investment management oversight of fixed‑income funds/portfolios and external fixed‑income managers.
• Perform due diligence (both qualitative and quantitative analysis) on funds/portfolios/asset managers.
• Manage the due diligence process of existing funds/portfolios/asset managers, including relationships with asset managers.
• Manage the investment guideline process (including negotiations, implementation and adherence) for funds/portfolios/asset managers.
• Support other Fund Managers through a team approach to provide continuity of daily management of other fixed‑income funds/portfolios.
• Stay updated and provide input on financial markets, the economy, fixed‑income securities, the mutual/commingled fund and stable‑value industries.
• Manage the implementation process of new funds, hiring and termination process for asset managers.
• Develop relationships with and perform due diligence on backup and prospective asset managers.
• Research, review, write, and as needed, present routine and ad hoc reports of certain funds, portfolios and asset managers for different reporting needs, including internal groups/departments, committee meetings, board reports, fund prospectus, regulatory filings, clients and consultants.
• Work with the MVP, Fixed Income and other senior investment personnel in developing and implementing fixed‑income/stable value fund/portfolio strategies.
• Conduct research to support and determine optimal portfolio structure, asset managers and asset allocation.
• Develop, establish and implement appropriate investment policies, guidelines and procedures.
• Implement changes needed including working with asset managers, issuers, other external parties and different groups within the Corporation.
• Oversee the following additional activities:
• Analyze stable‑value investment contractual terms/guidelines, work with in‑house counsel on contracts and assist MVP, Fixed Income in the negotiations of contract terms/guidelines with stable‑value issuers.
• Assist in developing and maintaining relationships with current and prospective issuers, other stable‑value managers, and consultants.
• Take a lead role in special investment related studies and projects.
• Manage relationships with outside vendors.
• Work closely with the MVP, Fixed Income in developing analysts in the Fixed Income Group.

Competitive compensation package (Salary, Bonus, Retirement, Education).

You will be working at a successful Asset Management firm that has top decile funds, has been in business for over 40 years and has over $50B in AUM.