Fixed Income Portfolio Manager
Department:
Investments
Employment Type:
Full Time
Location:
Tampa, FL
Compensation:
$150,000 - $250,000 / year
Description
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.
Responsibilities
Portfolio Management & Strategy
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
SMA Design & Platform Integration
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
Structured Note Oversight
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
Municipal & Credit Expertise
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
Execution & Risk Oversight
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
Strategic Contribution
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
Qualifications
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
Technical Competencies
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
Preferred Tools & Credentials
Bloomberg, Yield Book, BondEdge, or comparable analytics platforms
Structured note platforms such as HALO or SIMON
Experience with OMS/trading systems and UMA sleeve accounting
Licenses
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
Location / Schedule
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
Job Type
Full‑time, Exempt
$150,000‑$250,000 base per year, dependent on experience, with additional semi‑annual performance bonus opportunities
Benefits
401(k) matching
Dental insurance
Flexible spending account
Health insurance
Life insurance
Paid time off
Vision insurance
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