New York, NY, 10176, USA
1 day ago
Investment Portfolio Manager - Municipal Bonds
Citi Investment Management (CIM) is a group within Citi Global Wealth Investments that manages assets on a discretionary and advisory basis for clients of Citi. With over $80 billion in assets under management and advisement globally, CIM manages a broad suite of investment strategies within single and multi-asset class products. CIM is currently seeking an experienced Portfolio Manager to join our team of investment professionals. The candidate will further strengthen the investment management, research, and portfolio construction capabilities of CIM’s strategies. The candidate will be responsible for the daily management of CIM client separately managed account (SMA) portfolios and will be a critical contributor to the investment team, with responsibilities related to both investment management and client service functions. The portfolio manager will be located with the US Fixed Income team in New York City, NY. **Responsibilities:** + Daily management of assigned fixed income portfolios + Contribute to investment strategy development, communication and implementation + Coordinate with the CIM credit research team and traders + Communicate with internal partners and external clients on portfolio strategy, portfolio performance and market developments + Coordinate with client service and fiduciary oversight internal partners + Daily portfolio management of model/custom accounts + Contribution to overall investment strategy, design, and implementation of portfolio and risk guidelines + On-site prospect/client interactions, client maintenance, and support of sales/marketing initiatives + Stay abreast of trends and news, maintain pro-active views, and communicate conclusions/recommendations concerning pertinent sectors and macroeconomic trends and developments + Implement research views into portfolios + Monitor risk of client accounts and utilize quantitative tools to analyze portfolio exposures and risk-factors + Participate in investment meetings and work closely with other CIM portfolio managers and analysts to discuss views on market events and analysis + Monitor existing investments and industry developments + Participate in research coverage responsibilities including preparing analysis of certain companies/sectors and attending sell side conferences and corporate management meetings + Interface with internal and external clients to support new business activities and client retention initiatives + Contribute to CIM’s strategic planning within the relevant functional areas + Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency. **Qualifications:** + 15+ years of direct experience in the asset management industry, preferably in a portfolio management role + 5+ years of direct municipal bond portfolio management experience + Strong written and verbal communication skills + Strong problem solving skills and diligent attention to detail + Ability to work independently and effectively multi-task across responsibilities + Ability to thrive in a team environment to effectively meet the goals of the group + Proficient with Bloomberg, Investor tools Perform, Charles River, MS Office Suite + CFA highly preferred + Experience with face to face client interaction + Understanding of risk factors that drive investment performance + Expected travel: 30% of time **Education:** + Bachelor’s/University degree, Master’s degree preferred ------------------------------------------------------ **Job Family Group:** Private Client Product Services ------------------------------------------------------ **Job Family:** Investment Portfolio Management ------------------------------------------------------ **Time Type:** Full time ------------------------------------------------------ **Primary Location:** New York New York United States ------------------------------------------------------ **Primary Location Full Time Salary Range:** $170,000.00 - $300,000.00 In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire. ------------------------------------------------------ **Anticipated Posting Close Date:** Sep 02, 2024 ------------------------------------------------------ Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** . View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) . View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) . View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf) Citi is an equal opportunity and affirmative action employer. Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.
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