Senior Investment Manager
2 weeks ago
The Senior Fund Manager will play a pivotal role in the management of sub-advised proprietary fixed income funds and/or investment management oversight of certain fixed income funds/portfolios and external asset managers.
Key Responsibilities- 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 the 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 the 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 back-up 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
- 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 the changes needed including working with asset managers, issuers, other external parties and different groups within the Corporation
- 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 relationship, 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 communication skills both written and oral
- Ability to provide effective presentations to both internal and external groups including Boards
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