Job Information
U.S. Bank Head of Portfolio Strategies Group in Harrisburg, Pennsylvania
At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.
Job Description
PFMAM’s Head of Portfolio Strategies Group (“PSG”) leads a team that supports the analytical needs of the Fixed Income Portfolio Management team, the Fixed Income Investment Committee, the Structured Products Group (“SPG”), and the firm’s strategically important clients and prospects. The PSG also serves as an analytical resource and liaison to the Distribution team. The PSG also works closely with PFMAM’s Chief Investment Officer (“CIO”) to provide analysis and reporting in support of the portfolio oversight and risk management functions.
ESSENTIAL FUNCTIONS
Oversee the strategy development process as it pertains to the firm's separately managed account ("SMA") business, including strategies pertaining to the investment of bond proceeds.
Oversee a team of Portfolio Strategists and Quantitative Analysts in conducting economic and market research in support of the fixed income decision making process.
Provide oversight of the Structured Product Group ("SPG") and the group’s related business plan; serve as a member of the Debt Service Reserve Fund Committee.
In conjunction with the PFMAM's Chief Investment Officer ("CIO"), support the portfolio oversight and risk management functions.
Serve as an active member of PFMAM's Fixed Income and Credit Risk Committees.
Oversee the timely production of economic, market, and investment strategy collateral material for external use by the PFMAM's Marketing and Distribution channels.
Support the informational and training needs of internal staff to create a consistent message as it pertains to PFMAM's fixed income views and portfolio strategy decision making process.
Serving as a fixed income subject matter expert ("SME") and support the creation of Thought Leadership materials to be utilized for external distribution.
Work directly with the firm's large and strategically important clients and prospects as representative of the portfolio management team; this includes developing individual client portfolio strategies and ensuring their consistent implementation. Present at prospect/client meetings and new business finalist interviews, as needed.
In support of Marketing and Distribution activities, present at industry conference and regional client training seminars as an economic and fixed income SME.
QUALIFICATIONS/EXPERIENCE
Bachelor’s degree (finance, economics, business, mathematics, or a related field preferred) with a strong academic record
8-10 years of direct experience in portfolio management, trading, strategy development, fixed income investment research or quantitative analysis
In-depth knowledge of fixed income securities, markets and portfolio management
Proficiency with Microsoft Office products, especially Excel
Working knowledge of Bloomberg
MBA, CFA, or progress on CFA, a plus
REQUIRED SKILLS
Strong team leadership and personnel management skills
Strong analytical and problem-solving skills
Good oral and written communication skills
Ability to prioritize and manage multiple projects and deadlines simultaneously
Highest ethical standards with a strong sense of personal responsibility, risk management and compliance awareness
If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .
Learn how the way we work at U.S. Bank (https://assets.phenompeople.com/CareerConnectResources/prod/UBNAGLOBAL/documents/Thewaywework-1666895142717.pdf) drives meaningful relationships with our customers and collaboration across the company.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
EEO is the Law
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors. Applicants can learn more about the company’s status as an equal opportunity employer by viewing the federal KNOW YOUR RIGHTS (https://eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf) EEO poster.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program (https://careers.usbank.com/verification-of-eligibility-for-employment) .
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, US Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401k contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $119,595.00 - $140,700.00 - $154,770.00