Portfolio Manager – Fixed Income – Private Banking

Institute of Project Management; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A growing Private Bank in Greater London seeks a Portfolio Manager to oversee client portfolios and shape investment strategies. The ideal candidate will have strong expertise in Fixed Income portfolio construction and an understanding of macroeconomic trends. Key responsibilities include managing client portfolios, implementing investment decisions, and maintaining relationships with clients and internal teams. The role requires clear communication and sound risk management skills. Competitive salary and opportunities for professional growth are offered.

Qualifications

• Experience managing single-line government and corporate bond portfolios preferred.
• Ability to manage portfolios with integrity and sound risk awareness.
• Strong communication skills for client-focused interactions.

Responsibilities

• Manage client portfolios in line with established investment strategies.
• Ensure alignment of portfolios with client goals and constraints.
• Implement investment decisions and oversee trade execution.

Skills

Fixed Income portfolio expertise

Macroeconomic trends understanding

Communication skills

Risk management

Education

PCIAM6 or equivalent

Job description

Excellent opportunity opens for a Portfolio Manager to join a growing Private Bank. This role offers the opportunity to manage diverse client portfolios, shape investment strategy, and work closely with internal teams and advisors to deliver high-quality, client-focused outcomes. The ideal candidate will bring strong Fixed Income portfolio expertise, a solid grasp of macro and interest-rate dynamics, and the ability to manage portfolios with integrity, sound risk awareness, and clear, client-focused communication.

Responsibilities

• Manage client portfolios in line with the established portfolio management strategy to meet agreed investment objectives.
• Ensure all portfolios align with each client’s specific goals and constraints.
• Implement investment decisions, including accurate and timely trade execution.
• Oversee cash management and currency positioning across portfolios.
• Build and maintain strong working relationships with internal relationship managers to support understanding of the discretionary offering and encourage internal business referrals.
• Collaborate effectively with internal research teams and external manager research functions as needed.
• Communicate clearly and consistently with colleagues across the discretionary investment function.
• Participate in internal and external investment meetings, providing high-quality communication and insights.
• Maintain active relationships with client advisors and clients, including attending in-person meetings.
• Coordinate proactive communication of investment strategy updates to relationship managers and clients.

About You

• Fixed Income portfolio construction experience preferred, with knowledge of duration/credit/liquidity risk management
• PCIAM6 or equivalent
• Understanding of macroeconomic trends, monetary policy, and interest rate dynamics
• Experience managing single-line government and corporate bond portfolios preferred
• Being able to bring our corporate values to life through role modelling
• Communicate in a clear and consistent manner, taking account of the relevant stakeholder
• Building and managing teams using their diverse skills and perspectives to achieve common goals