Fixed Income Portfolio Manager

Description
We are seeking an experienced Fixed Income Portfolio Manager to lead the design, implementation, and oversight of taxable and municipal fixed income strategies across our centralized investment platform.

This role is responsible for discretionary portfolio management, SMA sleeve design, structured note program oversight, and integration of income solutions within multi-asset and unified managed account (UMA) frameworks.

This is a strategy ownership role, not a pure trading position. The ideal candidate will have experience defining mandates, managing discretionary portfolios, and overseeing execution to ensure institutional grade implementation across custodians and platforms.

Responsibilities
Portfolio Management & Strategy
  • Manage discretionary taxable and municipal bond portfolios across income and total return mandates
  • Construct duration, credit, and sector positioning strategies aligned with macro and tactical views
  • Implement yield curve positioning, laddering, barbell structures, and tax-aware frameworks
  • Support liability-aware and cash flow–oriented portfolio construction
SMA Design & Platform Integration
  • Design and manage fixed income SMA sleeves for UMA and model portfolio implementation
  • Develop scalable sleeve strategies (taxable, municipal, short duration, core, credit, etc.)
  • Oversee customization frameworks including state-specific municipal exposure and client restrictions
  • Monitor performance, risk, and mandate adherence
Structured Note Oversight
  • Oversee the firm’s structured note platform and approved product framework
  • Evaluate structured note structures including buffered notes, income notes, autocallables, dual-directional notes, and market-linked CDs
  • Analyze payoff structures, embedded derivatives, issuer credit risk, liquidity, and tax treatment
  • Define concentration guardrails and suitability parameters
  • Integrate structured notes appropriately within income and multi-asset portfolios
  • Partner with trading desks and structured note platforms to oversee pricing and execution
  • Support advisor education and compliance alignment
Municipal & Credit Expertise
  • Build and manage national and state-specific municipal portfolios
  • Evaluate general obligation vs. revenue bond exposure
  • Conduct municipal and corporate credit surveillance
  • Optimize tax-equivalent yield and after-tax outcomes
Execution & Risk Oversight
  • Oversee bond and structured note execution across trading platforms
  • Manage dealer relationships and ensure competitive pricing
  • Monitor duration, credit quality, sector exposure, and liquidity risk
  • Conduct stress testing across rate and spread scenarios
  • Maintain structured note exposure and concentration reporting
Strategic Contribution
  • Integrate fixed income capabilities into OCIO and multi-asset frameworks
  • Support advisor case consultations and portfolio construction discussions
  • Contribute to capital markets commentary and investment committee dialogue
  • Help expand proprietary income and structured product capabilities

Qualifications
  • 7–15+ years of fixed income portfolio management experience
  • Direct experience managing both taxable and municipal bond portfolios
  • Experience designing and managing SMA fixed income strategies
  • Structured note evaluation and implementation experience
  • Experience managing with discretion, not solely executing trades
  • Background within an asset manager, RIA platform, OCIO environment, bank, or insurance platform
Technical Competencies
  • Duration and yield curve positioning
  • Credit analysis and spread evaluation
  • Municipal credit underwriting
  • Structured note payoff and derivative analysis
  • Tax-aware portfolio construction
  • SMA sleeve implementation
Preferred Tools & Credentials
  • Bloomberg, Yield Book, BondEdge, or comparable analytics platforms
  • Structured note platforms such as HALO or SIMON
  • Experience with OMS/trading systems and UMA sleeve accounting
Licenses
  • Series 7 and 66; OR Series 65; OR a qualifying designation to be registered as an IAR
  • CFA preferred
  • Municipal licenses (52/53) a plus
Location / Schedule
  • This position will be remote
  • Working hours are 9am-5pm Monday-Friday with the option to work remote on Fridays
  • Occasional evening/weekend hours may be requested
Job Type
  • Full-time, Exempt
  • $150,000-$250,000 base per year, dependent on experience, with additional semi-annual performance bonus opportunities

Benefits
  • 401(k) matching
  • Dental insurance
  • Flexible spending account
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance
Back to blog

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...