Associate Portfolio Manager (Emerging Markets Fixed Income)

Location: Chicago, United States; hybrid work arrangement

Salary: USD 130,000–160,000 yearly, plus eligibility for an annual discretionary bonus.

Company

Legal & General Asset Management invests across public and private markets for individual savers, pension scheme members, global institutions, and its own balance sheet.

What you will do

• Support portfolio construction and implementation across emerging-markets mandates and client portfolios.
• Monitor exposures, position weights, duration, spread risk, sector allocations, benchmarks, and portfolio guidelines.
• Construct and submit trade orders under the direction of senior portfolio managers.
• Manage cash balances, contributions, withdrawals, corporate actions, benchmark changes, and portfolio records.
• Prepare performance analysis, attribution, risk metrics, portfolio updates, and client-facing materials.
• Coordinate with portfolio managers, research, trading, compliance, legal, operations, and other internal stakeholders on portfolio execution, transitions, onboarding, and process improvements.

Requirements

• Bachelor’s degree in finance, economics, or a quantitative field.
• 5+ years of buyside investment-management experience or sell-side trading-desk experience, preferably in emerging-markets fixed income.
• Knowledge of duration, spread risk, yield-curve positioning, performance attribution, emerging-market debt, and global macroeconomic developments.
• Advanced AI, Bloomberg, and Excel skills.
• Strong analytical, quantitative, problem-solving, written, and verbal communication skills with close attention to detail.
• Ability to work in the hybrid Chicago-based role.

Nice to have

• CFA designation or a relevant master’s degree.
• Experience in LatAm corporate credit.

Culture & Benefits

• Full-time employment with eligibility for health, dental, vision, life, disability, and flexible spending benefits.
• 401(k), vacation, sick time, employee assistance, commuter, and transit programs.
• Additional voluntary health, critical-illness, hospital-indemnity, accidental-injury, and pet-insurance programs.
• Work focused on long-term value creation, sustainability considerations, regulatory compliance, and risk management.