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Director, Portfolio Manager - Sammons Financial Group Asset Management

Sammons Financial Group

West Des Moines, Iowa

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JOB DETAILS
SALARY
$129,973–$216,621 Per Year
SKILLS
Analysis Skills, Asset Management, Best Practices, Business Services, Chartered Financial Analyst (CFA), Coaching, Communication Skills, Construction, Credit Analysis, Credit Risk, Data Analysis, Data Quality, Detail Oriented, Establish Priorities, Finance, Financial Liability, Fixed Income Investments, Fundamental Analysis, Health Plan, Homeland Security, Insurance, Investment Analysis, Investment Management, Leadership, Life Insurance, Market Analysis, Mentoring, Metrics, Multitasking, Outsourcing, People Management, Performance Analysis, Performance Management, Performance Reviews, Portfolio Analysis, Presentation/Verbal Skills, Process Improvement, Process Management, Qualitative Analysis, Qualitative Research, Quantitative Analysis, Recruiting/Staffing Agency, Regulations, Resource Management, Risk, Risk Analysis, Risk Management, Securities, Securities and Exchange Commission (SEC), Social Security Administration, Staff Training, Surveillance, Team Player, Time Management, Training/Teaching, Transaction Processing/Management, Willing to Travel, Writing Skills
LOCATION
West Des Moines, Iowa
POSTED
5 days ago
Overview: Oversee and manage outsourced investment mandates for Sammons Financial Group Asset Management (SFGAM), in partnership with the SFGAM leadership team. Direct, manage and oversee third-party asset managers for assigned relationships and strategies, including frequent, proactive dialogue with managers and analysis of key credit exposures and risks. Lead quantitative and qualitative analysis and research for assigned Core fixed income asset classes. Oversee analyst teams that are responsible for development of portfolio analytics, quarterly surveillance packages, and quantitative surveillance tools. Utilize deep and thorough understanding of fixed income markets and fundamental corporate credit analysis, as well as excellent collaboration and communication between internal and external stakeholders to achieve work outcomes.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. Responsibilities: • Oversee third-party asset managers for assigned asset classes, including frequent, proactive communication with managers, assessment of manager capabilities, expertise, and performance, and assessment of portfolio positioning and credit risk exposures, while ensuring strong communication and collaboration within SFGAM to maximize investment results and manage risks.
• Identify and lead initiatives for assessing and monitoring portfolio risk, and identify appropriate portfolio metrics for analyzing market risk at SFG and comparing across the firm's peer competitors.
• Partner with the SFGAM leadership team on assessments of credit investments that may have unconventional obligors, collateral, or structures and co-invest opportunities, and determine appropriate size given risk tolerances, relative value, and other considerations.
• Lead and oversee analyst teams that are responsible for development of portfolio analytics, quarterly reporting packages, and quantitative surveillance tools.
• Take ownership of and proactively manage consolidated credit risk exposures across asset managers, entities, and asset classes, while providing regular assessment of credit risk exposure, including concentrations in risky assets, exposure to assets at risk of downgrade or default, and on industry exposures that are subject to severe stress to the SFGAM Leadership Team.
• 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 Companies.
• Develop and strive to continually improve investment processes and oversight of the portfolio and third-party asset managers.
• Lead, mentor and coach investment staff to achieve personal growth and build collaboration and accountability across the team. Participate in all aspects of employee management including hiring and termination decisions, coaching for performance improvements and conducting performance reviews.
• Drive and reinforce commitment to internal controls processes such as those under Model Audit Rule and Record Information Management.
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
• As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.
• Participate in other initiatives and/or projects as necessary. Qualifications:
  • Bachelor's Degree in Finance or related field Preferred
  • Master's Degree and/or Chartered Financial Analyst (CFA) designation or pursuit of CFA designation Preferred
  • Minimum 5 years' of credit market or related asset management experience Required
  • Insurance industry experience Preferred
  • Experience with and deep knowledge of fixed income markets and corporate credit analysis Required
  • Leadership experience including mentoring, teaching, and training staff in a performance driven culture Preferred
  • Experience in fixed income portfolio management, particularly credit assessment, portfolio construction, and asset liability management as it relates to an insurance company Preferred
  • Demonstrated deep and thorough understanding of fixed income markets, corporate credit analysis, and insurance industry developments and best practices
  • Intellectually curious nature and positive attitude towards learning new or complex topics
  • Strong ability to manage third-party asset managers, including ability to effectively assess third-party managers
  • Strong quantitative and qualitative analytical skills and the ability to take data from several sources and organize, validate, and analyze data
  • Excellent ability to work in a collaborative team environment within and outside of SFGAM
  • Excellent oral and written communication skills
  • Excellent attention to detail, self-initiative, and team player
  • Ability to prioritize multiple projects, delegate and allocate time and resources effectively; ability to meet strict deadlines
  • Demonstrated leadership through developing, coaching, and mentoring of others within and beyond team
  • CFA or pursuit of CFA designation Preferred
  • Up to 10% travel required
Suitability 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.
Pay Range: USD $129,973.00 - USD $216,621.00 /Yr. Company Information: •Comprehensive health coverage for you and your family, including Medical, Dental, Vision, HSA & FSA options, and term life insurance.
•Competitive compensation with a performance-based incentive program tied to clear goals and individual and/or company success.
•Invest in your future with our 100% company-funded Employee Stock Ownership Plan (ESOP), plus automatic enrollment in our 401(k).
•Work–life balance that means something. Friday afternoons off year-round, generous paid time off, and paid holidays.
•Commit to your growth with paid development time, tuition reimbursement, and professional development opportunities across industry, individual, and leadership programs.
•Make an impact beyond the workplace through volunteer time off, and our company nonprofit matching gift program, supporting the causes that matter most to you.
•An ownership culture that inspires; join a connected, values-driven workplace where employees take accountability, support one another, and are empowered to do their best work—together shaping our future shared success.
Work Authorization/Sponsorship: At this time, we’re not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.) Additional Information:

Sammons Financial Group Is An Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or any other characteristic protected by applicable law.

ADA
Sammons Financial Group is committed to providing reasonable accommodations to qualified individuals with disabilities in all aspects of the employment process. If you need assistance or a reasonable accommodation at any stage of the application or hiring process, including navigating our website or applying for a position, please contact HR@sfgmembers.com or call 800-728-2987.

E-Verify
Sammons Financial Group participates in E-Verify and will provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

Policy for External Search Firms and Agencies
Sammons Financial Group maintains an internal Talent Acquisition function and does not accept unsolicited resumes or candidate submissions from search firms, staffing agencies, or other third-party recruiting vendors. Please review our Recruitment Agency Policy for additional information here.

About the Company

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Sammons Financial Group