Portfolio Manager – Short & Markets Fixed Income

What is the opportunity?

As a Portfolio Manager for RBC’s Blue Bay Fixed Income team, you will be accountable for leveraging Blue Bay’s extensive research and credit teams to manage short duration fixed‑income mandates and Money Market funds. You will be part of a team responsible for the strategy, implementation, active risk decisions, portfolio positioning, and competitive performance of assigned portfolios and mandates.

• Responsible for overall investment performance of assigned portfolios and mandates.
• Integrate credit and research insights into sector strategy, portfolio positioning, and security selection.
• Evaluate portfolio risk metrics, performance and attribution.
• Communicate investment rationale and market perspectives through client commentary, presentations, and portfolio reviews.
• Work closely with traders to ensure efficient execution.

• BA/BS in a related field.
• CFA Charter or on track to completing.
• 5+ years of fixed income market experience.
• Excellent working knowledge of the portfolio management process, portfolio theory, capital and fixed income markets.
• Strong interpersonal skills with the ability to establish relationships and effectively interact with all levels of staff and personnel.
• Outstanding communication, organizational, and presentation skills, attention to detail.

• A comprehensive Total Rewards Program including competitive compensation and flexible benefits, such as a 401(k) program with company‑matching contributions, health, dental, vision, life, disability insurance, and paid‑time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high‑performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.

The expected salary range for this particular position is $140,000–$230,000, depending on your experience, skills, and registration status, market conditions and business needs.

You have the potential to earn more through RBC’s discretionary variable compensation program, which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.

• Drives RBC’s high-performance culture.
• Enables collective achievement of our strategic goals.
• Generates sustainable shareholder returns and above‑market shareholder value.

• Derivatives
• Investment Consulting
• Investment Performance Measurement
• Investment Risk Management
• Investments
• Investments Analysis
• Long Term Planning
• Portfolio Management
• Product Services
• Risk Control

Address: 250 NICOLLET MALL:

MINNEAPOLIS

City: Minneapolis

Country: United States of America

Work hours/week: 40

Employment Type: Full time

Platform: WEALTH MANAGEMENT

Job Type: Regular

Pay Type: Salaried

Posted Date:

Final date to receive applications: [not specified]

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities.

RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging, and opportunity for all.

RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity lified applicants may be contacted to review their resume in more detail.