The Florida State Board of Administration (SBA), the entity that manages investments for the Florida Retirement Systems, has re-posted a job listing looking for a senior portfolio manager to manage fixed income investments.
The SBA appears to have increased the top range of the position’s potential salary, from $140,000 to $180,000. The job pays, at minimum, $120,000. The listing reads:
50%. Research and analysis of economic and market information to support the Internal Fixed Income investment process. Shape the interest rate view and contribute relative value ideas. This will involve, but not be limited to; analyzing written publications and conversing with economists and strategist regarding individual country or global economic conditions and prospects, researching, understanding and explaining the implications of economic projections on the current structure of internal portfolios, researching, analyzing and presenting relative value opportunities for internal portfolios and constructing, explaining and presenting trade ideas to capture relative value opportunities.
25% Supervision of and backup for Portfolio Manager
10%. Preparation for and participation in weekly group strategy meeting.
15%. Assist the Sr. Investment Officer-Fixed Income with special projects and perform other duties as delegated.
(Re-advertisement – Previous applicants will be considered and need not re-apply)
A bachelor’s degree from an accredited college or university in computer science, MIS, accounting, finance, business, communication, public information, marketing, economics, mathematicis, statistics, or management and five years of related professional experience, three years of which must have been at a supervisory level or higher;
Or, a master’s degree or MBA from an accredited college or university and three years of related professional experience, two years of which must have been at a supervisory level or higher.
Professional related experience will substitute for the required college education.
Preference will be given to candidates with a Chartered Financial Analyst (CFA) designation.
The application period closes on October 10.
View the listing by clicking here.
Photo by Nathan Stephens via Flickr CC License