Fixed Income Portfolio Manager
Description
We are seeking an experienced Fixed Income Portfolio Manager to lead the design, implementation, and oversight of taxable and municipal fixed income strategies across our centralized investment platform.
This role is responsible for discretionary portfolio management, SMA sleeve design, structured note program oversight, and integration of income solutions within multi-asset and unified managed account (UMA) frameworks.
This is a strategy ownership role, not a pure trading position. The ideal candidate will have experience defining mandates, managing discretionary portfolios, and overseeing execution to ensure institutional grade implementation across custodians and platforms.
Responsibilities
Portfolio Management & Strategy
• Manage discretionary taxable and municipal bond portfolios across income and total return mandates
• Construct duration, credit, and sector positioning strategies aligned with macro and tactical views
• Implement yield curve positioning, laddering, barbell structures, and tax-aware frameworks
• Support liability-aware and cash flow–oriented portfolio construction
SMA Design & Platform Integration
• Design and manage fixed income SMA sleeves for UMA and model portfolio implementation
• Develop scalable sleeve strategies (taxable, municipal, short duration, core, credit, etc.)
• Oversee customization frameworks including state-specific municipal exposure and client restrictions
• Monitor performance, risk, and mandate adherence
Structured Note Oversight
• Oversee the firm’s structured note platform and approved product framework
• Evaluate structured note structures including buffered notes, income notes, autocallables, dual-directional notes, and market-linked CDs
• Analyze payoff structures, embedded derivatives, issuer credit risk, liquidity, and tax treatment
• Define concentration guardrails and suitability parameters
• Integrate structured notes appropriately within income and multi-asset portfolios
• Partner with trading desks and structured note platforms to oversee pricing and execution
• Support advisor education and compliance alignment
Municipal & Credit Expertise
• Build and manage national and state-specific municipal portfolios
• Evaluate general obligation vs. revenue bond exposure
• Conduct municipal and corporate credit surveillance
• Optimize tax-equivalent yield and after-tax outcomes
Execution & Risk Oversight
• Oversee bond and structured note execution across trading platforms
• Manage dealer relationships and ensure competitive pricing
• Monitor duration, credit quality, sector exposure, and liquidity risk
• Conduct stress testing across rate and spread scenarios
• Maintain structured note exposure and concentration reporting
Strategic Contribution
• Integrate fixed income capabilities into OCIO and multi-asset frameworks
• Support advisor case consultations and portfolio construction discussions
• Contribute to capital markets commentary and investment committee dialogue
• Help expand proprietary income and structured product capabilities
Qualifications
• 7–15+ years of fixed income portfolio management experience
• Direct experience managing both taxable and municipal bond portfolios
• Experience designing and managing SMA fixed income strategies
• Structured note evaluation and implementation experience
• Experience managing with discretion, not solely executing trades
• Background within an asset manager, RIA platform, OCIO environment, bank, or insurance platform
Technical Competencies
• Duration and yield curve positioning
• Credit analysis and spread evaluation
• Municipal credit underwriting
• Structured note payoff and derivative analysis
• Tax-aware portfolio construction
• SMA sleeve implementation
Preferred Tools & Credentials
• Bloomberg, Yield Book, BondEdge, or comparable analytics platforms
• Structured note platforms such as HALO or SIMON
• Experience with OMS/trading systems and UMA sleeve accounting
Licenses
• Series 7 and 66; OR Series 65; OR a qualifying designation to be registered as an IAR
• CFA preferred
• Municipal licenses (52/53) a plus
Location / Schedule
• This position will be remote
• Working hours are 9am-5pm Monday-Friday with the option to work remote on Fridays
• Occasional evening/weekend hours may be requested
Job Type
• Full-time, Exempt
• $150,000-$250,000 base per year, dependent on experience, with additional semi-annual performance bonus opportunities
Benefits
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
About Concurrent Investment Advisors
Concurrent is a Registered Investment Advisor firm that offers a multi-custodial hybrid investment platform to the clients of its partner firms. By offloading middle office functions, collaborating to help them achieve their growth goals, and providing a best-in-class platform, Concurrent assists partner firms with streamlining the launch of their business in the RIA space and positioning them to best serve their clients in the evolving financial services field.
Headquartered in Tampa, Concurrent was founded in 2016 and currently supports over 150 advisors in 85 offices with $17 billion in assets under management (AUM) and more than $17 billion under advisement.
Company Values
We believe that we best serve our partner firms and their respective clients when we have team members who are aligned in their values. Our team environment is fast-paced, highly collaborative, and innovative. We value motivated team members who enjoy solving problems, are open to implementing new ideas, and take pride in their work product
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We are seeking an experienced Fixed Income Portfolio Manager to lead the design, implementation, and oversight of taxable and municipal fixed income strategies across our centralized investment platform.
This role is responsible for discretionary portfolio management, SMA sleeve design, structured note program oversight, and integration of income solutions within multi-asset and unified managed account (UMA) frameworks.
This is a strategy ownership role, not a pure trading position. The ideal candidate will have experience defining mandates, managing discretionary portfolios, and overseeing execution to ensure institutional grade implementation across custodians and platforms.
Responsibilities
Portfolio Management & Strategy
• Manage discretionary taxable and municipal bond portfolios across income and total return mandates
• Construct duration, credit, and sector positioning strategies aligned with macro and tactical views
• Implement yield curve positioning, laddering, barbell structures, and tax-aware frameworks
• Support liability-aware and cash flow–oriented portfolio construction
SMA Design & Platform Integration
• Design and manage fixed income SMA sleeves for UMA and model portfolio implementation
• Develop scalable sleeve strategies (taxable, municipal, short duration, core, credit, etc.)
• Oversee customization frameworks including state-specific municipal exposure and client restrictions
• Monitor performance, risk, and mandate adherence
Structured Note Oversight
• Oversee the firm’s structured note platform and approved product framework
• Evaluate structured note structures including buffered notes, income notes, autocallables, dual-directional notes, and market-linked CDs
• Analyze payoff structures, embedded derivatives, issuer credit risk, liquidity, and tax treatment
• Define concentration guardrails and suitability parameters
• Integrate structured notes appropriately within income and multi-asset portfolios
• Partner with trading desks and structured note platforms to oversee pricing and execution
• Support advisor education and compliance alignment
Municipal & Credit Expertise
• Build and manage national and state-specific municipal portfolios
• Evaluate general obligation vs. revenue bond exposure
• Conduct municipal and corporate credit surveillance
• Optimize tax-equivalent yield and after-tax outcomes
Execution & Risk Oversight
• Oversee bond and structured note execution across trading platforms
• Manage dealer relationships and ensure competitive pricing
• Monitor duration, credit quality, sector exposure, and liquidity risk
• Conduct stress testing across rate and spread scenarios
• Maintain structured note exposure and concentration reporting
Strategic Contribution
• Integrate fixed income capabilities into OCIO and multi-asset frameworks
• Support advisor case consultations and portfolio construction discussions
• Contribute to capital markets commentary and investment committee dialogue
• Help expand proprietary income and structured product capabilities
Qualifications
• 7–15+ years of fixed income portfolio management experience
• Direct experience managing both taxable and municipal bond portfolios
• Experience designing and managing SMA fixed income strategies
• Structured note evaluation and implementation experience
• Experience managing with discretion, not solely executing trades
• Background within an asset manager, RIA platform, OCIO environment, bank, or insurance platform
Technical Competencies
• Duration and yield curve positioning
• Credit analysis and spread evaluation
• Municipal credit underwriting
• Structured note payoff and derivative analysis
• Tax-aware portfolio construction
• SMA sleeve implementation
Preferred Tools & Credentials
• Bloomberg, Yield Book, BondEdge, or comparable analytics platforms
• Structured note platforms such as HALO or SIMON
• Experience with OMS/trading systems and UMA sleeve accounting
Licenses
• Series 7 and 66; OR Series 65; OR a qualifying designation to be registered as an IAR
• CFA preferred
• Municipal licenses (52/53) a plus
Location / Schedule
• This position will be remote
• Working hours are 9am-5pm Monday-Friday with the option to work remote on Fridays
• Occasional evening/weekend hours may be requested
Job Type
• Full-time, Exempt
• $150,000-$250,000 base per year, dependent on experience, with additional semi-annual performance bonus opportunities
Benefits
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance
About Concurrent Investment Advisors
Concurrent is a Registered Investment Advisor firm that offers a multi-custodial hybrid investment platform to the clients of its partner firms. By offloading middle office functions, collaborating to help them achieve their growth goals, and providing a best-in-class platform, Concurrent assists partner firms with streamlining the launch of their business in the RIA space and positioning them to best serve their clients in the evolving financial services field.
Headquartered in Tampa, Concurrent was founded in 2016 and currently supports over 150 advisors in 85 offices with $17 billion in assets under management (AUM) and more than $17 billion under advisement.
Company Values
We believe that we best serve our partner firms and their respective clients when we have team members who are aligned in their values. Our team environment is fast-paced, highly collaborative, and innovative. We value motivated team members who enjoy solving problems, are open to implementing new ideas, and take pride in their work product
Apply tot his job
Apply To this Job