Portfolio Manager Associate - FI

PORTFOLIO MANAGER ASSOCIATE - FIWHAT IS THE OPPORTUNITY?

Primarily responsible for executing buy and sell orders for municipal and/or corporate bonds in both secondary and primary markets for duration targeted fixed income strategies. May participate in active strategy portfolio management at the discretion of PM's or Sr. PMs on the fixed income team. Manage and report volume, flow and other relevant trading and market statistics. Liaison with PM teams to ensure open communication and education on various aspects of portfolio construction, sales and market conditions.

WHAT WILL YOU DO?

Determine and implement appropriate trades that are consistent with client and strategy objectives for both new and existing accounts

Use Python, R or similar tools to perform data analysis, write basic scripts, and help translate investment and trading requirements into practical solutions.

Review orders to ensure accuracy, proper record keeping, and conformance to regulations

Evaluate market volatility and ensures clients receive the best rate available

Perform any necessary follow up activities to ensure proper final processing of trades

Monitor technical trading trends and report to broader fixed income team Interface with research and investment teams to ensure City National Rochdale’s strategy is accurately reflected in portfolios

Communicate strategic and market shifts to internal colleagues

Review the assets in the passive strategies on a regular basis to ensure that investments continue to meet the intent and strategies of the client

Manage cash flow, coupon and maturity reinvestment and liquidity requirements

Communicate to internal colleagues, especially PM teams, about current market conditions and trading strategies

Maintain all appropriate compliance, training and continuing education requirements for both internal programs and external licenses and certifications

Actively participate in team and firm efforts to find process efficiencies via enhanced technology and “digital mastery”WHAT DO YOU NEED TO SUCCEED?

Required Qualifications
* Bachelor's Degree or equivalent

Minimum 3 years’ experience in the fixed income markets

Additional Qualifications Strong technology background and agility

Demonstrated self-motivation and emotional intelligence

Ability to communicate and collaborate effectively across quantitative and portfolio management functions, supporting coordination across different areas of expertise

High level of curiosity, sense of ownership, accountability and ethical standards

Knowledge of Bloomberg and other financial market platforms (e.g. Market Axess)
Excellent analytical skills, understanding of the economy and market conditions

Experience with securities trading, dealer relationships and trading platforms

Strong communication skills and ability to work in a team environment

Ability to effectively articulate investment philosophy to internal constituents

Ability to plan, organize and prioritizeWHAT'S IN IT FOR YOU?

Compensation Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date Generous 401(k) company matching contribution

Career Development through Tuition Reimbursement and other internal upskilling and training resources

Valued Time Away benefits including vacation, sick and volunteer time Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and…