Fixed Income Portfolio Manager

Fixed Income Portfolio Manager

Department: Investments

Employment Type: Full Time

Location: Tampa, FL

Compensation: $150,000 - $250,000 / year

We are seeking an experienced Fixed Income Portfolio Manager to lead the design, implementation, and oversight of taxable and municipal fixed income strategies across our centralized investment platform. This role is responsible for discretionary portfolio management, SMA sleeve design, structured note program oversight, and integration of income solutions within multi-asset and unified managed account (UMA) frameworks. This is a strategy ownership role, not a pure trading position.

The ideal candidate will have experience defining mandates, managing discretionary portfolios, and overseeing execution to ensure institutional grade implementation across custodians and platforms.

• Manage discretionary taxable and municipal bond portfolios across income and total return mandates
• Construct duration, credit, and sector positioning strategies aligned with macro and tactical views
• Implement yield curve positioning, laddering, barbell structures, and tax-aware frameworks
• Support liability-aware and cash flow–oriented portfolio construction

• Design and manage fixed income SMA sleeves for UMA and model portfolio implementation
• Develop scalable sleeve strategies (taxable, municipal, short duration, core, credit, etc.)
• Oversee customization frameworks including state‑specific municipal exposure and client restrictions
• Monitor performance, risk, and mandate adherence

• Oversee the firm’s structured note platform and approved product framework
• Evaluate structured note structures including buffered notes, income notes, autocallables, dual‑directional notes, and market‑linked CDs
• Analyze payoff structures, embedded derivatives, issuer credit risk, liquidity, and tax treatment
• Define concentration guardrails and suitability parameters
• Integrate structured notes appropriately within income and multi‑asset portfolios
• Partner with trading desks and structured note platforms to oversee pricing and execution
• Support advisor education and compliance alignment

• Build and manage national and state‑specific municipal portfolios
• Evaluate general obligation vs. revenue bond exposure
• Conduct municipal and corporate credit surveillance
• Optimize tax‑equivalent yield and after‑tax outcomes

• Oversee bond and structured note execution across trading platforms
• Manage dealer relationships and ensure competitive pricing
• Monitor duration, credit quality, sector exposure, and liquidity risk
• Conduct stress testing across rate and spread scenarios
• Maintain structured note exposure and concentration reporting

• Integrate fixed income capabilities into OCIO and multi‑asset frameworks
• Support advisor case consultations and portfolio construction discussions
• Contribute to capital markets commentary and investment committee dialogue
• Help expand proprietary income and structured product capabilities

• 7–15+ years of fixed income portfolio management experience
• Direct experience managing both taxable and municipal bond portfolios
• Experience designing and managing SMA fixed income strategies
• Structured note evaluation and implementation experience
• Experience managing with discretion, not solely executing trades
• Background within an asset manager, RIA platform, OCIO environment, bank, or insurance platform

• Duration and yield curve positioning
• Credit analysis and spread evaluation
• Municipal credit underwriting
• Structured note payoff and derivative analysis
• Tax‑aware portfolio construction
• SMA sleeve implementation

• Bloomberg, Yield Book, Bond Edge, or comparable analytics platforms
• Structured note platforms such as HALO or SIMON
• Experience with OMS/trading systems and UMA sleeve accounting

• Series 7 and 66; OR Series 65; OR a qualifying designation to be registered as an IAR
• CFA preferred
• Municipal licenses (52/53) a plus

• This position will be remote
• Working hours are 9am‑5pm Monday‑Friday with the option to work remote on Fridays
• Occasional evening/weekend hours may be requested

• Full‑time, Exempt
• $150,000‑$250,000 base per year, dependent on experience, with additional semi‑annual performance bonus opportunities

• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance