AVP Portfolio Manager - Bermuda

What You Can Expect In This Role

Responsible for leading and directing the oversight and management of outsourced investment mandates for Bermuda portfolios totaling $15 billion. Responsible for directing, managing, and overseeing third-party asset managers for assigned relationships and strategies.The role requires a deep and thorough understanding of the Bermuda regulatory regime and fixed income portfolio management.This role will be subject to an SEC compliance program, which can include monitoring personal securities transactions, restrictions on outside business activities, as well other oversight and restrictions.

What You'll Do In This Role

• Lead and direct investment strategy, manager selection, and oversight of Bermuda portfolios totaling $15 billion.
• Serve as an industry expert and provide thought leadership on key credit topics for Sammons Financial Group Companies' (Sammons Financial Group) Investment Committee, business units, and senior staff as it relates to the Bermuda regulatory regime.
• Provide regular assessment of Sammons Financial Group Asset Management's (SFGAM) credit risk exposures, including concentrations in risky assets, exposure to assets at risk of downgrade or default, and on industry exposures that are subject to severe stress.
• Assess asset manager’s investment process, capabilities and expertise, performance track record, and risk exposures.
• Provide direction to asset managers to ensure portfolio activity, positioning, and risk exposures are consistent with the client’s investment objectives and constraints.
• Challenge asset manager investment decisions and recommendations as necessary.
• Take ownership of and proactively manage portfolio positioning, exposures and risks by sector, credit and downgrade risks, and top issuer exposures.
• Evaluate portfolio management activities, investment recommendations, and overall performance of asset managers to maximize investment results and manage risks.
• Proactively manage consolidated credit risk exposures across managers, entities, and asset classes, and direct asset managers accordingly.
• Retain a deep and thorough understanding of including key factors that can impact the value of SFGAM’s investments, including, but not limited to, Nationally Recognized Statistical Rating Organization (NRSRO)/National Association of Insurance Commissioners (NAIC) rating methodology, regulatory impacts, capital requirements, and drivers of industry/sector/issuer fundamentals throughout the credit cycle.
• Develop and maintain strong working relationships with internal investment team members, external key stakeholders, and team members throughout Sammons Financial Group.
• Develop and strive to continually improve investment processes and oversight of the portfolio and third-party asset managers.
• Lead, mentor, and coach Investment Analyst and Associate team.
  
  

What We're Looking For

• Bachelor's Degree in Business, Finance, Mathematics, Actuarial Science, or related field Required
• Master's Degree in Business, Finance, Mathematics, Actuarial Science, or related field Preferred
• Minimum 10 years' experience with investment valuation, capital markets, and risk management Preferred
• Experience with and deep knowledge of fixed income markets and corporate credit analysis Required
• Experience in fixed income portfolio management, particularly in credit assessment, portfolio construction, and asset and liability management as it related to an insurance company Preferred
• Leadership experience including mentoring, teaching, and training staff in a performance driven culture Required
• Experience with alternative investments, hybrids, limited partnerships, and structured securities Preferred
• Results oriented, with an established track record of delivering strong performance results
• Strong quantitative capabilities and risk management skills
• Strong verbal and written communication skills, including the ability to present clear and concise recommendations to other senior leaders within the business
• Demonstrated continuing knowledge of financial and insurance industry developments and best practices
• Excellent relationship management skills
• Strong time management and organizational skills
• Strong presentation skills, creativity, and innovation
• Ability to work independently
• Ability to develop strong relationships with internal and external stakeholders
• Strong quantitative skills and the ability to take data from several sources and organize, validate, and analyze the data
• Demonstrated leadership through developing, coaching, and mentoring of others within and beyond team
• Collaborative team skills and the ability to work in a positive fashion toward common organization goals
• Ability to prioritize multiple projects, delegate and allocate time and resources effectively; ability to meet strict deadlines
• CFA Preferred
  
  

Other Requirements

• Due to the financial nature and level of accountability of this position, a credit and criminal background check is required - The Fair Credit Reporting Act requires Sammons Financial Group Companies to notify you that, as a routine part of processing this application for employment, Sammons Financial Group may request a consumer report on you to verify all information contained in this application. Such report may include information about work-related behaviors, performance, character, general reputation, and personal characteristics, in addition to information about your previous employment, education, credit history and criminal records
• This role will be subject to a SEC compliance program, which can include monitoring personal securities transactions, restrictions on outside business activities, as well as other oversight and restrictions.
  
  

What you can expect when you join Sammons Financial Group

• Sammons Financial Group offers a competitive benefit package that includes: Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay.
• Our Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan, so you can save for retirement without contributing a penny of your own paycheck.
• Healthy balance between work and personal lives. Friday afternoons off all year long, competitive PTO, and generous number of paid holidays.
• Our incentive program for defined goals subject to eligibility and performance. Monetary rewards are based on individual and/or overall company performance.
• Colleagues who support one another, model our core values, and drive our healthy, high-performing culture.