Portfolio Manager, Fixed Income
Top Benefits
About the role
Are you an accomplished finance professional seeking a pivotal role in managing significant investment portfolios? The City of Edmonton is looking for a dedicated Portfolio Manager, Fixed Income to oversee an internal bond portfolio valued at approximately $1.0 billion. This critical position contributes to the success of our broader $2.0 billion fixed income portfolios, forming a key function within the City of Edmonton's overall $3.5 billion investment program. Beyond day-to-day portfolio management, this dynamic role also encompasses engaging in strategic planning and special projects initiated by City Council or other City departments, offering a unique opportunity to provide high-level financial direction across the organization. What Will You Do
- Manage and trade an internal bond portfolio, primarily focusing on one valued at approximately $1.0 billion
- Stay updated on daily economic and corporate news to inform investment decisions
- Conduct intensive research and analysis on numerous security issuers to identify investment opportunities
- Forecast interest rate and credit spread movements to optimize portfolio performance
- Collaborate with and support other Portfolio Managers within the Investment Management Section
- Propose investment strategies for internally managed fixed income portfolios and contribute to the City's overall investment program
- Contribute significantly to the investment earnings of various City funds
- Maintain the City of Edmonton's approved list of bond investments, ensuring institutions meet stringent standards
- Work collaboratively with other Investment Management Section members to foster a high-performing team
- Possess a strong understanding of Canadian fixed income markets and settlement conventions
Qualifications:
- University Degree in Commerce with a major in Finance
- Chartered Financial Analyst (CFA) designation
- Minimum 7 years of experience acquired through working in an investment operation of a large municipality, corporation or investment management firm
Assets:
- MBA or Master’s degree
Skills required for success:
- Comprehensive understanding of financial management, capital markets, securities analysis, and portfolio management
- Proficiency in accounting principles, practices, and relevant computer systems for investment management
- Strong analytical capabilities to develop effective investment policies and strategies for the City
- Excellent communication and interpersonal skills for interacting with various internal and external stakeholders, coupled with a high degree of initiative and independence
- Alignment to our Cultural Commitments and Leadership Competencies ( https://bit.ly/4brRrXm )
- Embracing a culture of equity, diversity, reconciliation and inclusion ( https://bit.ly/3hd2d95 )
- Applicants may be tested
Conditions of employment and work environment:
- Up to: 1 permanent full-time position
- Hours of work: 36.9 hours per week, Monday - Friday
- Salary: $105,668.31 - $132,083.94 (Annually). This role offers a competitive base salary, plus a market adjustment, along with a variable pay component linked to performance targets (Interested candidates are asked to provide their salary/compensation expectations)
- This position may be eligible for a hybrid work arrangement with the flexibility to work from both home and the worksite
- This position is eligible for the EDO program (Earned Day Off)
- Hire is dependent upon a Police Information Check satisfactory to the City of Edmonton
The City of Edmonton values applicants with a diverse range of skills, experiences and competencies, and encourages you to apply. We strive to provide reasonable access and accommodations throughout the recruitment process. To request an accommodation, please contact employment@edmonton.ca . Learn more about our benefits https://bit.ly/COEbenefits . Talent sourced through this process may be considered for similar opportunities within the City of Edmonton. Talent Acquisition Consultant: AS/SB Edmonton rests in the heart of Treaty Six territory in Alberta and the homelands of the Metis Nation.
About City of Edmonton
We’re young, ambitious and building something extraordinary. Located on Treaty 6 Territory and with a population of over one million, Edmonton is one of Canada's youngest and fastest growing cities. We’re building a resilient and diverse economy, attracting the best and the brightest and striving to be a world leader in environmental sustainability. We value quality of life, community safety and a welcoming spirit that embraces new people and new ideas.
Portfolio Manager, Fixed Income
Top Benefits
About the role
Are you an accomplished finance professional seeking a pivotal role in managing significant investment portfolios? The City of Edmonton is looking for a dedicated Portfolio Manager, Fixed Income to oversee an internal bond portfolio valued at approximately $1.0 billion. This critical position contributes to the success of our broader $2.0 billion fixed income portfolios, forming a key function within the City of Edmonton's overall $3.5 billion investment program. Beyond day-to-day portfolio management, this dynamic role also encompasses engaging in strategic planning and special projects initiated by City Council or other City departments, offering a unique opportunity to provide high-level financial direction across the organization. What Will You Do
- Manage and trade an internal bond portfolio, primarily focusing on one valued at approximately $1.0 billion
- Stay updated on daily economic and corporate news to inform investment decisions
- Conduct intensive research and analysis on numerous security issuers to identify investment opportunities
- Forecast interest rate and credit spread movements to optimize portfolio performance
- Collaborate with and support other Portfolio Managers within the Investment Management Section
- Propose investment strategies for internally managed fixed income portfolios and contribute to the City's overall investment program
- Contribute significantly to the investment earnings of various City funds
- Maintain the City of Edmonton's approved list of bond investments, ensuring institutions meet stringent standards
- Work collaboratively with other Investment Management Section members to foster a high-performing team
- Possess a strong understanding of Canadian fixed income markets and settlement conventions
Qualifications:
- University Degree in Commerce with a major in Finance
- Chartered Financial Analyst (CFA) designation
- Minimum 7 years of experience acquired through working in an investment operation of a large municipality, corporation or investment management firm
Assets:
- MBA or Master’s degree
Skills required for success:
- Comprehensive understanding of financial management, capital markets, securities analysis, and portfolio management
- Proficiency in accounting principles, practices, and relevant computer systems for investment management
- Strong analytical capabilities to develop effective investment policies and strategies for the City
- Excellent communication and interpersonal skills for interacting with various internal and external stakeholders, coupled with a high degree of initiative and independence
- Alignment to our Cultural Commitments and Leadership Competencies ( https://bit.ly/4brRrXm )
- Embracing a culture of equity, diversity, reconciliation and inclusion ( https://bit.ly/3hd2d95 )
- Applicants may be tested
Conditions of employment and work environment:
- Up to: 1 permanent full-time position
- Hours of work: 36.9 hours per week, Monday - Friday
- Salary: $105,668.31 - $132,083.94 (Annually). This role offers a competitive base salary, plus a market adjustment, along with a variable pay component linked to performance targets (Interested candidates are asked to provide their salary/compensation expectations)
- This position may be eligible for a hybrid work arrangement with the flexibility to work from both home and the worksite
- This position is eligible for the EDO program (Earned Day Off)
- Hire is dependent upon a Police Information Check satisfactory to the City of Edmonton
The City of Edmonton values applicants with a diverse range of skills, experiences and competencies, and encourages you to apply. We strive to provide reasonable access and accommodations throughout the recruitment process. To request an accommodation, please contact employment@edmonton.ca . Learn more about our benefits https://bit.ly/COEbenefits . Talent sourced through this process may be considered for similar opportunities within the City of Edmonton. Talent Acquisition Consultant: AS/SB Edmonton rests in the heart of Treaty Six territory in Alberta and the homelands of the Metis Nation.
About City of Edmonton
We’re young, ambitious and building something extraordinary. Located on Treaty 6 Territory and with a population of over one million, Edmonton is one of Canada's youngest and fastest growing cities. We’re building a resilient and diverse economy, attracting the best and the brightest and striving to be a world leader in environmental sustainability. We value quality of life, community safety and a welcoming spirit that embraces new people and new ideas.