Investment Portfolio Manager - Municipal Bonds - Citi : Job Details

Citi Investment Management (CIM) is a group within Citi Global Wealth Investments that manages assets on a discretionary and advisory basis for clients of Citi. With over $80 billion in assets under management and advisement globally, CIM manages a broad suite of investment strategies within single and multi-asset class products. CIM is currently seeking an experienced Portfolio Manager to join our team of investment professionals. The candidate will further strengthen the investment management, research, and portfolio construction capabilities of CIM's strategies. The candidate will be responsible for the daily management of CIM client separately managed account (SMA) portfolios and will be a critical contributor to the investment team, with responsibilities related to both investment management and client service functions. The portfolio manager will be located with the US Fixed Income team in New York City, NY.Responsibilities:Daily management of assigned fixed income portfoliosContribute to investment strategy development, communication and implementationCoordinate with the CIM credit research team and tradersCommunicate with internal partners and external clients on portfolio strategy, portfolio performance and market developmentsCoordinate with client service and fiduciary oversight internal partnersDaily portfolio management of model/custom accountsContribution to overall investment strategy, design, and implementation of portfolio and risk guidelinesOn-site prospect/client interactions, client maintenance, and support of sales/marketing initiativesStay abreast of trends and news, maintain pro-active views, and communicate conclusions/recommendations concerning pertinent sectors and macroeconomic trends and developmentsImplement research views into portfoliosMonitor risk of client accounts and utilize quantitative tools to analyze portfolio exposures and risk-factorsParticipate in investment meetings and work closely with other CIM portfolio managers and analysts to discuss views on market events and analysisMonitor existing investments and industry developmentsParticipate in research coverage responsibilities including preparing analysis of certain companies/sectors and attending sell side conferences and corporate management meetingsInterface with internal and external clients to support new business activities and client retention initiativesContribute to CIM's strategic planning within the relevant functional areasAppropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.Qualifications:15+ years of direct experience in the asset management industry, preferably in a portfolio management role5+ years of direct municipal bond portfolio management experienceStrong written and verbal communication skillsStrong problem solving skills and diligent attention to detailAbility to work independently and effectively multi-task across responsibilitiesAbility to thrive in a team environment to effectively meet the goals of the groupProficient with Bloomberg, Investor tools Perform, Charles River, MS Office SuiteCFA highly preferredExperience with face to face client interactionUnderstanding of risk factors that drive investment performanceExpected travel: 30% of timeEducation:Bachelor's/University degree, Master's degree preferred------------------------------------------------------Job Family Group: Private Client Product Services------------------------------------------------------Job Family:Investment Portfolio Management------------------------------------------------------Time Type:Full time------------------------------------------------------Primary Location:New York New York United States------------------------------------------------------Primary Location Full Time Salary Range:$170,000.00 - $300,000.00In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.------------------------------------------------------Anticipated Posting Close Date:Sep 02, 2024------------------------------------------------------Citi is an equal opportunity and affirmative action employer.Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Citigroup Inc. and its subsidiaries ( Citi ) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.View the EEO is the Law poster. View the EEO is the Law Supplement.View the EEO Policy Statement.View the Pay Transparency Posting