VP of Fixed Income

VP of Fixed Income
Core Responsibilities:
Lead fixed income business unit, desk, or investment team with full P&L accountability for trading, investment performance, and revenue generation
Develop and execute fixed income investment strategy including asset allocation, sector positioning, duration management, and credit strategy
Oversee fixed income portfolio management across government bonds, corporate bonds, municipal bonds, MBS, ABS, high-yield bonds, and emerging market debt
Drive fixed income trading activities including market-making, proprietary trading, client facilitation, and risk management
Lead team of fixed income portfolio managers, traders, analysts, and strategists
Establish investment process including research methodology, credit analysis, portfolio construction, and risk management
Monitor macroeconomic trends, interest rate movements, credit spreads, and market dynamics to inform investment decisions
Manage fixed income risk exposure including interest rate risk, credit risk, liquidity risk, and spread risk
Partner with sales teams to serve institutional clients, wealth advisors, and retail investors
Drive fixed income product development including new fund launches, SMA strategies, ETFs, and customized mandates
Ensure regulatory compliance with SEC, FINRA, and fiduciary standards
Lead fixed income research and analytics capabilities including credit research and quantitative analysis
Typical Profile:
Bachelor's degree in Finance, Economics, or Mathematics; MBA, CFA strongly preferred
18+ years in fixed income investing, trading, or portfolio management
10+ years in senior fixed income leadership with P&L accountability ($100M–$10B+ AUM)
Deep expertise in fixed income markets, instruments, and strategies
CFA charter required or strongly preferred
Proven track record delivering strong risk-adjusted returns across market cycles
Key Metrics:
Investment performance vs. benchmarks (absolute returns, Sharpe ratio, information ratio)
AUM growth and net new asset flows
Revenue and P&L performance (trading revenue, management fees)
Portfolio risk metrics (duration, credit quality, sector allocation)
Client satisfaction and retention
Trading performance metrics (win rate, P&L volatility, max drawdown)

Work arrangement
Yes