What are the responsibilities and job description for the Fixed Income Portfolio Manager position at Lensa?
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Zions Bancorporation is currently seeking a Fixed Income Portfolio Manager (PM) to join the Corporate Investments & Liquidity Management (CILM) team. This role will be in office and can be located in Salt Lake City, UT; Los Angeles, San Francisco, San Diego, or Irvine, CA; Houston, TX; or Charlotte, NC. Other locations within the Zions Bancorporation footprint may be considered.
About The Role
The Corporate Investments & Liquidity Management (CILM) team is part of Zions Wealth Management. This division mainly serves institutional clients, including corporations, municipalities, foundations, non-profits, public entities, and other institutions in the western U.S. We manage customized portfolios of short-term fixed income investments, providing our clients with enhanced yield on their surplus cash balances while ensuring safety of principal and adequate liquidity. Our managed portfolios can include US Treasuries, callable and non-callable Agencies, taxable and tax-exempt municipal bonds, commercial paper, fixed and floating rate corporate bonds, money market mutual funds, and certificates of deposit. Since our investment portfolios are highly customized and short in duration, we interact frequently with our clients to ensure their liquidity needs are met. Getting to know clients and prospects well and providing services that contribute to their success is one of the most rewarding aspects of what we do.
The Fixed Income PM plays a key role on the CILM team managing and trading high-quality fixed income portfolios and supporting clients with a high level of service. Experience trading taxable fixed income securities required. The Fixed Income PM also develops client and prospective client presentations, provides client portfolio reviews, drives new business growth, delivers market talking points, and responds to client inquiries as needed.
Job Responsibilities
Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to creating fulfilling career opportunities for outstanding people within our organization, rewarding them for their contributions to our success. Banking is a local business, and to be successful, we must forge strong ties to the communities we serve and strong relationships with our customers.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent and the drive; we provide the opportunity; together we create value for our clients, colleagues, communities, and shareholders.
Benefits
Req ID: 069654
Equal Opportunity Employer
It is the policy of this corporation to provide equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws.
If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for employment, please contact us at (801) 844-7628, Mon.-Fri. between 9 a.m. - 5 p.m. MST.
Click here to view applicable Federal, State and/or local employment law posters.
If you have questions about this posting, please contact support@lensa.com
Zions Bancorporation is currently seeking a Fixed Income Portfolio Manager (PM) to join the Corporate Investments & Liquidity Management (CILM) team. This role will be in office and can be located in Salt Lake City, UT; Los Angeles, San Francisco, San Diego, or Irvine, CA; Houston, TX; or Charlotte, NC. Other locations within the Zions Bancorporation footprint may be considered.
About The Role
The Corporate Investments & Liquidity Management (CILM) team is part of Zions Wealth Management. This division mainly serves institutional clients, including corporations, municipalities, foundations, non-profits, public entities, and other institutions in the western U.S. We manage customized portfolios of short-term fixed income investments, providing our clients with enhanced yield on their surplus cash balances while ensuring safety of principal and adequate liquidity. Our managed portfolios can include US Treasuries, callable and non-callable Agencies, taxable and tax-exempt municipal bonds, commercial paper, fixed and floating rate corporate bonds, money market mutual funds, and certificates of deposit. Since our investment portfolios are highly customized and short in duration, we interact frequently with our clients to ensure their liquidity needs are met. Getting to know clients and prospects well and providing services that contribute to their success is one of the most rewarding aspects of what we do.
The Fixed Income PM plays a key role on the CILM team managing and trading high-quality fixed income portfolios and supporting clients with a high level of service. Experience trading taxable fixed income securities required. The Fixed Income PM also develops client and prospective client presentations, provides client portfolio reviews, drives new business growth, delivers market talking points, and responds to client inquiries as needed.
Job Responsibilities
- Proficient in all aspects of fixed income portfolio management including portfolio construction techniques, ability to assess relative value among fixed income securities, understand security sensitivity to interest rates or to change in credit spreads.
- Trade Treasuries, agencies, commercial paper, and investment-grade corporate bonds.
- Develop new, and support existing, high value client relationships such as corporations, public entities, foundations, endowments and not-for-profit organizations.
- Generate and deliver presentations to clients and prospects.
- Meet regularly with clients.
- Effectively communicate portfolio positioning, analysis, and strategy to clients and prospects.
- Speak at industry and bank events and conferences.
- Assist clients on an ad hoc basis with account inquiries and other operational needs.
- Work collaboratively with other CILM team members to coordinate investment strategy, generate investment ideas, and increase our overall knowledge base and expertise in the markets we cover.
- Other duties as assigned.
- Strong written and verbal communication skills and service orientation.
- The ability to thrive in a collaborative, team-oriented environment within Wealth Management.
- The ability to work effectively with banking partners on new opportunities and existing client relationships.
- Seek efficiency and improvement where possible.
- Proven analytical skills and strong quantitative acumen.
- The ability to meet deadlines while maintaining a high level of attention to detail.
- Experience with Bloomberg fixed income functionality.
- Ability to mentor junior team members.
- Experience in managing and trading individual fixed income and money market securities.
- An understanding of the Utah Money Management Act is a plus; familiarity with state investment codes in other states is also important to ensure that our investment portfolios comply with all legal requirements that apply in each client’s jurisdiction.
- Bachelor’s degree required, CFA or MBA a plus.
- A minimum of 8 or more years of fixed income portfolio management and/or trading experience, preferably with investment grade fixed income and money market securities. A combination of education and experience may meet requirements.
- Ability to acquire Series 65 or 66 securities license.
Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to creating fulfilling career opportunities for outstanding people within our organization, rewarding them for their contributions to our success. Banking is a local business, and to be successful, we must forge strong ties to the communities we serve and strong relationships with our customers.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent and the drive; we provide the opportunity; together we create value for our clients, colleagues, communities, and shareholders.
Benefits
- Medical, Dental and Vision Insurance - START DAY ONE!
- Life and Disability Insurance, Paid Parental Leave and Adoption Assistance
- Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts
- Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays
- 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience
- Mental health benefits including coaching and therapy sessions
- Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire
- Employee Ambassador preferred banking products
Req ID: 069654
Equal Opportunity Employer
It is the policy of this corporation to provide equal employment and advancement opportunities to all employees and applicants for employment, without regard to race, color, religion, age (40 and over), sex, pregnancy, gender, disability, national origin, ethnic background, citizenship, veteran status, sexual orientation, gender identity and expression or any other characteristic protected by applicable law. This policy is established and administered in accordance with all applicable federal, state, and local laws.
If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for employment, please contact us at (801) 844-7628, Mon.-Fri. between 9 a.m. - 5 p.m. MST.
Click here to view applicable Federal, State and/or local employment law posters.
If you have questions about this posting, please contact support@lensa.com
Salary : $160,000 - $200,000