Northern Trust

Municipal Bond - Senior Fixed Income Portfolio Manager

Northern Trust
Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Welcome to Northern Trust, a global leader in asset management and financial services. We are currently seeking a highly experienced and knowledgeable Senior Fixed Income Portfolio Manager to join our team and manage our Municipal Bond portfolio. As a Senior Fixed Income Portfolio Manager, you will have the opportunity to utilize your expertise in the municipal bond market, providing strategic guidance and managing the portfolio to achieve our clients' investment objectives. This role requires strong analytical skills, a deep understanding of fixed income markets, and the ability to work collaboratively within a team. If you are a self-motivated individual with a passion for fixed income investments and a desire to make a difference for our clients, we encourage you to apply for this exciting opportunity.

  1. Develop and implement investment strategies for the Municipal Bond portfolio in line with clients' investment objectives.
  2. Conduct thorough research and analysis of the municipal bond market to identify potential investment opportunities and risks.
  3. Monitor and evaluate the performance of the portfolio, making necessary adjustments to ensure optimal returns.
  4. Communicate regularly with clients, providing updates on portfolio performance and addressing any questions or concerns.
  5. Collaborate with other team members, including analysts and traders, to make informed investment decisions.
  6. Stay updated on industry trends, regulatory changes, and economic developments that may impact the portfolio.
  7. Build and maintain relationships with clients, financial advisors, and other stakeholders to promote the firm's services and attract new business.
  8. Create and present reports and presentations on portfolio performance and market insights to internal and external stakeholders.
  9. Ensure compliance with all relevant regulations and internal policies.
  10. Mentor and provide guidance to junior portfolio managers and analysts, promoting a culture of continuous learning and development within the team.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications

  • Extensive Knowledge Of Municipal Bond Market: A Successful Candidate For This Role Should Possess A Deep Understanding Of The Municipal Bond Market, Including Various Types Of Bonds, Market Trends, And Credit Analysis.

  • Strong Portfolio Management Skills: As A Senior Fixed Income Portfolio Manager, The Candidate Should Have A Proven Track Record Of Managing Fixed Income Portfolios, Particularly In The Municipal Bond Space. This Includes The Ability To Construct And Rebalance Portfolios, Monitor Risk Exposure, And Make Informed Investment Decisions.

  • Familiarity With Regulatory Compliance: Municipal Bonds Are Subject To Various Regulations, Such As Tax-Exempt Status And Disclosure Requirements. The Ideal Candidate Should Have A Thorough Understanding Of These Regulations And The Ability To Ensure Compliance In All Portfolio Management Activities.

  • Excellent Analytical And Quantitative Skills: The Role Of A Senior Fixed Income Portfolio Manager Requires Strong Analytical And Quantitative Skills To Identify Investment Opportunities And Evaluate Risk. Proficiency In Financial Modeling, Data Analysis, And Risk Management Techniques Is Essential.

  • Effective Communication And Relationship Management Abilities: As A Senior Portfolio Manager, The Candidate Will Be Responsible For Maintaining Relationships With Clients, Stakeholders, And Internal Teams. Strong Communication, Presentation, And Interpersonal Skills Are Crucial For Success In This Role.

Required Skills

  • Risk Management

  • Financial Analysis

  • Market Research

  • Credit Analysis

  • Investment Strategy

  • Portfolio Management

  • Client Relations

  • Asset allocation

  • performance tracking

  • Fixed Income

  • Investment Advisory

  • Municipal Bonds

Soft Skills

  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Teamwork

  • Active Listening

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Municipal Bond - Senior Fixed Income Portfolio Manager in Chicago, IL, USA is $115,000 - $185,000 per year. This may vary depending on the specific company, experience level, and other factors.

Additional Information
Northern Trust is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedNovember 22nd, 2024
Apply BeforeMay 22nd, 2025
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About Northern Trust

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.

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