As a Portfolio Manager on the Municipal Bond team you will assist in monitoring municipal holdings in SMA strategies. You will function as a bridge between the portfolio managers and the municipal research team.
Job Responsibilities
- Make buy, sell and/or hold recommendations for different strategies and risk appetites based on the Credit Research team’s fundamental analysis and own views.
- Consider portfolio management factors in such recommendations, including book yield, tax impact, scarcity (for specialty states), mandate (buy & hold vs total return).
- Collaborate closely with the Credit Research team to identify market trends, analyze individual credits, and assess relative value across securities.
- Play an active role in the investment and portfolio construction decisions for existing and new accounts.
- Review external portfolios for acceptability based upon internal guidelines.
- Maintain and report on the current events of a certain credit(s) by analyzing the news, rating agency actions and other analyst publications.
- Identify risks at the borrower and sector level.
- Share knowledge, both verbally and in writing (internal use only) regarding ongoing credit or sector developments.
- Provide research material on specific issuers, market trends and general municipal issues to the CBP team and other areas of asset management.
- Meet with internal and external clients and prospects and respond to inquiries from stakeholders.
- Contribute to the ongoing development of credit analysis and portfolio management tools.
Required qualifications, capabilities, and skills.
- Minimum 5 years of buy side experience in credit analysis.
- Demonstrated ability to evaluate municipal issuer credit risk and communicate concisely under typically stringent time constraints.
- Excellent responsiveness and problem-solving skills with a high attention to detail.
- Must possess exceptional communication skills both written and oral and be able to communicate their thoughts to external clients and internal partners..
- Solid decision-making skills that could impact our risk-taking capabilities.
- Ability to work proactively and creatively in a team environment.
- Experience using Bloomberg.
Preferred qualifications, capabilities, and skills
- Separately Managed Account and Investortools Perform system experience a plus.