Fixed Income Portfolio Manager - IV - Austin TX

Fixed Income Portfolio Manager

Position Overview — The Portfolio Manager performs advanced, senior‑level asset management work focused on fundamental investment research, due diligence, and portfolio construction. This role contributes across multiple asset classes, with a particular emphasis on Global Fixed Income and Absolute Return (Hedge Fund) strategies. Working under minimal supervision and with significant independent judgment, the Portfolio Manager supports the CIO and Head of Public Fixed Income in sourcing, evaluating, and overseeing external investment managers.

The role may oversee and assign work to investment analysts and contribute meaningfully to strategic investment decisions.

• Support the CIO and Head of Public Fixed Income in monitoring existing strategies and evaluating new investment opportunities.
• Source, screen, and conduct qualitative and quantitative analysis of external asset managers, strategies, and funds.
• Perform deep due diligence across organization, investment process, portfolio fit, and risk‑adjusted performance.
• Prepare comprehensive investment memoranda and present recommendations to the Investment Committee.
• Monitor macroeconomic and industry trends; contribute to or lead bespoke research projects.
• Recommend and assist in negotiating investment management terms and agreements.

• Serve as primary relationship manager for assigned external investment managers.
• Lead portfolio reporting efforts, including preparation of periodic reviews and materials for internal and Board presentations.
• Conduct ongoing monitoring of portfolio performance, risk exposures, and cash flows.
• Prepare analysis to support sizing and allocation decisions.
• Coordinate communications among external managers, custodians, consultants, administrators, and internal teams (Legal, Risk, Accounting).
• Assist in developing investment policies and ensuring compliance with policies and regulations.

• Support development of tactical and strategic investment themes.
• Participate in internal investment discussions and collaborate with external consultants.
• Stay informed on macroeconomic, geopolitical, and market developments.
• Attend industry conferences and professional development programs.

• Perform related duties as assigned.
• Uphold confidentiality, regulatory compliance, and information security standards.

• Bachelor's degree in Finance, Accounting, Mathematics, Business Administration, or related field.

• MBA, JD, or other relevant graduate degree.

• Minimum 10 years of institutional asset management, investment consulting, banking, or related financial services experience.
• Experience allocating capital to external managers in public fixed income and/or hedge fund strategies.
• Strong proficiency in portfolio modeling, risk assessment, and performance analysis.
• Demonstrated experience conducting manager due diligence.
• Collaborative, team‑oriented mindset.

• Chartered Financial Analyst (CFA)
• Chartered Alternative Investment Analyst (CAIA)

• Statistical methods and their application to investment research
• Financial accounting and securities markets
• Macroeconomic theory and capital markets
• Investment analysis principles and terminology

• Advanced quantitative analysis and financial modeling
• Strong Excel and Microsoft Office proficiency
• Investment performance and risk analytics

Estimated Min Rate: $

Estimated Max Rate: $

• Medical, Prescription, Dental & Vision Benefits (for employees working 20+ hours per week)
• Health Savings Account (HSA) (for employees working 20+ hours per week)
• Life & Disability Insurance (for employees working 20+ hours per week)
• Met Life Voluntary Benefits
• Employee Assistance Program (EAP)
• 401K Retirement Savings Plan
• Direct Deposit & weekly e‑payroll
• Referral Bonus Programs
• Certification and training opportunities

All qualified applicants are welcome to apply.

Yoh, a Day & Zimmermann company, is an Equal…