Fixed Income Portfolio Manager

Northern Trust
Chicago
Workplace: OnsiteFull timeUSD 137,400 - 233,600 annuallyFunction: Capital Markets, Trading & QuantExperience: 5+ yearsEducation: bachelorsSkills: ["Independent thinking","Problem-solving","Presentation","Communication","Collaboration"]

Develop and execute multi-sector fixed income investment strategy for a fundamental, risk-aware taxable bond platform. Serve as portfolio manager and thought leader on corporate credit valuation, monitor and report market and economic conditions, and construct portfolios aligned to client objectives. Perform benchmark-relative and risk-adjusted performance attribution, tracking error analysis, and help evolve disciplined investment philosophy. Collaborate with global fixed income teams and support client relationships.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Northern Trust
Northern Trust
1 week ago

Fixed Income Portfolio Manager

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 8 hours agoStatus: Live

Job Summary

Develop and execute multi-sector fixed income investment strategy for a fundamental, risk-aware taxable bond platform. Serve as portfolio manager and thought leader on corporate credit valuation, monitor and report market and economic conditions, and construct portfolios aligned to client objectives. Perform benchmark-relative and risk-adjusted performance attribution, tracking error analysis, and help evolve disciplined investment philosophy. Collaborate with global fixed income teams and support client relationships.
Location: Chicago
Workplace: Onsite
Employment Type: Full time
Job Function: Capital Markets, Trading & Quant
Seniority: Mid level

Key Responsibilities

  • •Serve as portfolio manager and thought leader on multi-sector strategies within the taxable fixed income team, focusing on corporate credit valuation and portfolio construction.
  • •Monitor and report market and economic conditions, propose investments, and participate in portfolio construction aligned to client objectives.
  • •Maintain alignment of risk exposures across portfolios with common objectives.
  • •Analyze and report portfolio performance vs. benchmarks, including risk-adjusted excess returns, performance attribution, and tracking error.
  • •Design and develop prototypes to systematize investment decision workflows, and support development of new portfolio strategies and client engagement.

Pay and Benefits

Salary: USD 137,400 - 233,600 annually
Equity and Bonus:Equity
Perks:401kPensionHealth InsuranceDentalVisionPaid LeaveParental LeaveLife InsuranceDisability InsuranceSpending Accounts

Key Requirements

  • •At least 5 years of active fixed income portfolio management experience.
  • •Corporate credit fundamental knowledge.
  • •Demonstrated 1-3-5 year investment track record (a strong plus).
  • •Knowledge of structural economic principles and risk management, monitoring, and reporting for retail and institutional portfolios.
  • •Proficiency in Excel and Bloomberg; ability to code in Python and/or develop analytics using AI methods (strong plus).
Experience:5+ yearsFixed incomeAsset managementCorporate credit
Education:Bachelor's in finance, economics, or related field
Skills:Independent thinkingProblem-solvingPresentationCommunicationCollaboration
Certifications:CFACAIA
Tech Stack:ExcelBloombergPythonMachine learningAI

Eligibility

Visa:H-1BL-1TNO-1E-3H-1B1F-1J-1OPTCPT
Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Northern Trust
Global financial services firm providing wealth management, asset servicing, asset management, and banking solutions to institutions, corporations, and affluent individuals, with a focus on custody, investment management, and technology-driven services.
Industry: Asset Management
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Chicago, United States
Founded: 1889
Glassdoor
Glassdoor: 3.9
WebsiteLinkedIn