Municipal Portfolio Associate

Our Firm

American Century Investments® is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting research that can improve human health and save lives. Founded in 1958, the firm’s 1,400 employees serve financial professionals, institutions, corporations, and individual investors, offering a wide range of investment strategies across a variety of investment disciplines.

We are committed to providing institutional-quality, actively managed solutions with a performance-centered mindset. Our expertise spans global growth equity, global value equity, disciplined equity, multi-asset strategies, global fixed income, alternatives, and ETFs.

Privately controlled and independent, we focus solely on investment management. This empowers us to align our decisions with client expectations and concentrate on their long-term money management needs.

Our culture of winning behaviors exemplifies our dedication to clients every single day. Delivering investment results enables us to distribute over 40% of our dividends—more than $1.8 billion — to the Stowers Institute for Medical Research, a 500-person, non-profit basic biomedical research organization with a controlling interest in American Century Investments. Our dividend payments provide ongoing financial support for the Institute’s work of uncovering the causes, treatments, and prevention of life-threatening diseases, like cancer.

For more information, please visit americancentury.com.

The Municipal Markets Team manages approximately $8.2bn in assets across mutual funds, exchange traded funds, and institutional separate accounts. The team consists of eight professionals primarily located in Santa Clara, CA.

Job Summary: The Municipal Portfolio Associate is responsible for assisting portfolio managers with general portfolio administration and trade execution. This person will also engage with municipal research, risk management, corporate trading team, middle office, technology, and client portfolio management teams. Some experience trading fixed income and using Bloomberg and other finance applications is desired.

Key Responsibilities:

• Engage with portfolio managers to manage municipal bond mutual funds and ETFs.
• Leverage knowledge of trading platforms and systems to monitor trades based on new cash flows or portfolio team directions.
• General portfolio administration including tracking new issues, secondary trades, and providing insight into market activity.
• Identify relative value opportunities, tax-loss swap opportunities, and propose trade ideas to meet strategy goals.
• Work with portfolio managers to ensure accounts are invested within guidelines, create and review exception reports, monitor account positioning.
• Assist in ad-hoc research projects, technology improvements, and client data requests.

Qualifications:

• Strong analytical skills, strong understanding of statistics, and attention to detail.
• Excellent communication skills with ability to communicate clear and concise. Both verbally and in written form, with high accuracy and attention to detail.
• Ability to work independently in a fast-paced, dynamic environment.
• Strong MS Office skills (Excel, Outlook, PowerPoint, Word).
• Experience with Bloomberg or other financial tools including FactSet and Investortools
• Creative problem solver with inquisitive mind.

Education:

• Bachelor’s degree in business, finance, economics, or a scientific/technical field.
• Relevant certifications in finance a plus.

Experience:

• Minimum of 2 years of experience at an asset manager, hedge fund, bank, or other financial institution.

Work Environment:

• Office setting with an open trading desk environment, working market hours.
• May require extended hours during peak trading periods.

For New York and California based candidates, the salary range for this role is $70,000.00 - $100,000.00. Actual offers are based on various factors including but not limited to a candidate’s location, skills, experience, and relevant education and/or training. This position is eligible for cash incentive providing the potential to earn more.

Additional Requirements:

Employees are required to be in the office on a scheduled frequency. Adherence to this schedule is essential to fulfilling the expectations of the role.

American Century Investments is committed to complying with the Americans with Disabilities Act and all other applicable Equal Employment Opportunity laws and regulations. As such, American Century strives to provide a reasonable accommodation to any qualified individual under the ADA to perform essential job functions.

American Century Investments believes all individuals are entitled to equal employment opportunity and advancement opportunities without regard to race, religious creed, color, sex, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, gender, gender identity, gender expression, age for individuals forty years of age and older, military and veteran status, sexual orientation, and any other basis protected by applicable federal, state and local laws. ACI does not discriminate or adopt any policy that discriminates against an individual or any group of individuals on any of these bases.

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