Senior Portfolio Manager — Fixed Income & Absolute Return

Texas Comptroller of Public Accounts; Austin (TX); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Flexible work schedule

Insurance benefits

Retirement plans

Job summary

Texas Comptroller of Public Accounts (TTSTC External Investments) seeks a portfolio management professional to lead complex investment analysis and due diligence across fixed income and hedge funds. You will coordinate with the CIO and external managers to optimize portfolio construction and risk management.

The role requires extensive experience in institutional asset management, strong analytical acumen, and ability to present to the Investment Committee; a CFA/CAIA is preferred.

Qualifications

• Graduation from an accredited four-year college or university with major coursework in finance, accounting, mathematics, business administration, or a related field.
• At least seven (7) years of full-time experience in institutional asset management, consulting, banking or other financial services analytical work (credit research, valuations, derivatives analysis, etc.).
• Familiarity with allocating capital to external investment managers across public fixed income and/or hedge funds, with proficiency in portfolio modeling and risk assessment.
• A team-oriented attitude and approach.

Responsibilities

• Support the CIO and the Head of Public Fixed Income by routinely monitoring existing strategies and conducting due diligence on prospective investment opportunities that could be recommended to assist with portfolio-level implementation.
• Demonstrate an ongoing awareness of industry specific and macroeconomic business cycles and trends, while contributing to or leading bespoke research projects that support investment management decisions.
• Source, screen, evaluate and perform qualitative and quantitative analysis of the asset managers, strategies, and funds used for construction of complex investment portfolios.
• Prepare comprehensive memos and present recommendations to the Investment Committee on specific strategies or co-investments aligned with the CIO's objectives.
• Regularly communicate with investment managers (in-person meetings or via calls), and foster relationships in a manner that upholds the Trust Company's brand and reputation.
• Maintain and update documentation held in internal systems and databases for supporting investment recommendations, providing ad hoc written and oral analysis as requested.
• Participate in internal team meetings and coordinate ongoing discussions with external consultants regarding markets and the development of strategic investment plans.
• Recommend and assist with negotiation of investment management terms and conditions related to investment managers in assigned portfolio.

Skills

Asset management

Portfolio modeling

Risk assessment

Teamwork

Education

Bachelor's degree

MBA

Job description

Texas Comptroller of Public Accounts (TTSTC External Investments) seeks a portfolio management professional to lead complex investment analysis and due diligence across fixed income and hedge funds. You will coordinate with the CIO and external managers to optimize portfolio construction and risk management.

The role requires extensive experience in institutional asset management, strong analytical acumen, and ability to present to the Investment Committee; a CFA/CAIA is preferred.