What are the responsibilities and job description for the Associate Portfolio Manager, Fixed Income - Altium Wealth Management position at Hightower Advisors?
Your Future Team
We started Altium by asking ourselves one simple and transformational question, “What would we want if we were clients?” We believe wealth is compelled by a higher sense of purpose. Our intentions far exceed wealth generation: we seek to empower our clients to create the life that they envision for themselves, their families, and their communities.
Altium is looking for an Associate Fixed Income Portfolio Manager. You will support the fixed income team to manage 1000 separately managed accounts holding municipal bonds, corporate bonds, MBS, government securities, convertible bonds, preferred and other fixed income securities. The candidate will be an integral part of the fixed income team, and assist with portfolio construction, trade execution, allocations, and settlement.
If you are Initiative-taker with quantitative analysis and an eagerness to work and learn amidst constant change, this may be the position for you!
Altium has five principles that you’ll find in our employees and our clients: envision a brighter future, seek truth, commit to excellence, embrace relationships, and lead selflessly. We believe everyone is unique, a quality that drives them. In that ability are the tools to achieve their purpose. We also believe that happiness and fulfillment are not the destination at the end of one's journey, rather, they are achieved in the journey itself.
Please note this position requires you to be in the office Monday-Friday
What You’ll Do
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
We started Altium by asking ourselves one simple and transformational question, “What would we want if we were clients?” We believe wealth is compelled by a higher sense of purpose. Our intentions far exceed wealth generation: we seek to empower our clients to create the life that they envision for themselves, their families, and their communities.
Altium is looking for an Associate Fixed Income Portfolio Manager. You will support the fixed income team to manage 1000 separately managed accounts holding municipal bonds, corporate bonds, MBS, government securities, convertible bonds, preferred and other fixed income securities. The candidate will be an integral part of the fixed income team, and assist with portfolio construction, trade execution, allocations, and settlement.
If you are Initiative-taker with quantitative analysis and an eagerness to work and learn amidst constant change, this may be the position for you!
Altium has five principles that you’ll find in our employees and our clients: envision a brighter future, seek truth, commit to excellence, embrace relationships, and lead selflessly. We believe everyone is unique, a quality that drives them. In that ability are the tools to achieve their purpose. We also believe that happiness and fulfillment are not the destination at the end of one's journey, rather, they are achieved in the journey itself.
Please note this position requires you to be in the office Monday-Friday
What You’ll Do
- Work directly with the fixed income team to help manage a separately managed account (SMA) platform with over 15 different strategies.
- Assist with research and security selection to construct portfolios with targeted duration, credit quality, yield, and risk/return profile.
- Monitor risk and help optimize accounts to model portfolio characteristics.
- Assist with tactical and strategic asset allocation decisions across sectors of the fixed income market.
- Assist fixed income PM with managing cash across 1000 separately managed accounts.
- Use order management system to assist with trade allocations and trade entry.
- Create monthly and ad hoc fixed income reports as requested.
- 1 years of experience in a similar role.
- Experience in fixed income trading, research or support a plus.
- Numerical and analytical skillset with very strong attention to detail.
- Strong interpersonal skills.
- Ability to work well under pressure.
- Background with portfolio management systems / Bloomberg a plus.
- Coverage on the first day of employment for medical, dental, and vision insurance
- Paid parental leave (16 weeks) for primary caregiver and 8 weeks for secondary caregiver)
- 401k matching plan
- HSA employer contributions
- Student loan assistance
- Pet insurance
- Base salary is $120,000-$130,000 plus bonus (exact amount dependent on experience)
Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower’s capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their vision of “well-th. rebalanced.” Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).
AN EQUAL OPPORTUNITY EMPLOYER: Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.
You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.
Salary : $120,000 - $130,000
