Vice President, Portfolio Management - Fixed Income (E)

About this role

Vice President, Portfolio Management - Fixed Income - Citi Portfolio Solutions Powered by BlackRock (CxB)

Citi Portfolio Solutions Powered by BlackRock (CxB) combines the strategic advisory of a leading global bank with the investment management and technology strengths of one of the world’s preeminent asset managers. As investor appetite grows for custom built, whole portfolio solutions, BlackRock continues to invest in our global investment platform to stay at the forefront of clients’ evolving needs.

About the Role

The Portfolio Manager will support the management of U.S. and Global Preferred Securities strategies within the Citi Portfolio Solutions Powered by BlackRock (CxB) Fixed Income SMA platform. This role partners closely with senior portfolio managers, credit research, trading, and risk teams to help implement investment strategy, monitor portfolios, and support day‑to‑day portfolio management activities across client mandates.

Key Responsibilities

• Assist senior portfolio managers in the construction, implementation, and ongoing management of CxB U.S. and Global Preferred Securities SMA portfolios
• Support portfolio positioning, trade execution, and rebalancing in alignment with investment guidelines and risk parameters
• Monitor portfolio exposures including issuer concentration, sector allocation, ratings distribution, duration, and income characteristics
• Conduct portfolio analytics and performance attribution, including income generation, price return, and relative value drivers
• Maintain and update portfolio tools, reports, and internal dashboards used for investment decision‑making and client communication
• Coordinate with trading, operations, compliance, and risk teams to ensure accurate execution and operational efficiency
• Support client and internal communications, including preparation of portfolio commentary, market updates, and investment materials
• Stay informed on macroeconomic developments, rates markets, financials, and global preferred and capital securities markets
• Contribute to ongoing process improvement initiatives related to portfolio construction, reporting, and analytics

Required Qualifications

• Bachelor’s degree in finance, economics, mathematics, or a related field
• 1–3 years of experience in portfolio management, trading, investment analytics, or fixed income research
• Strong interest in fixed income markets, credit, and income‑oriented strategies
• Solid analytical skills with experience working with portfolio data, risk metrics, and performance analysis
• Proficiency in Excel; experience with portfolio management systems and analytics platforms is a plus
• Strong attention to detail and ability to manage multiple priorities in a fast‑paced environment
• Clear written and verbal communication skills

Preferred Qualifications

• Familiarity with preferred securities, capital securities, or financials credit markets
• Experience supporting active fixed income strategies across multiple client mandates

Personal Attributes

• Highly organized, detail‑oriented, and analytical
• Collaborative team player with a strong sense of accountability
• Curious about markets and motivated to deepen investment expertise
• Comfortable working closely with senior investment professionals and cross‑functional partners

For New York, NY Only the salary range for this position is USD$155,000.00 - USD$210,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.

About BlackRock

At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their c