AVP Investment Portfolio Manager - Sammons Financial Group Asset Management

Sammons Financial Group • Chicago, IL

7d

About The Position

Oversee and manage outsourced investment mandates for Sammons Financial Group Asset Management (SFGAM), in partnership with SFGAM leadership. Lead day-to-day oversight of third-party asset managers across assigned mandates, including proactive manager dialogue, performance evaluation, portfolio risk assessment, and escalation of material risks. Partner with internal stakeholders and external managers to help ensure portfolios are managed consistent with investment objectives, liability considerations, regulatory expectations, capital efficiency targets, and enterprise risk tolerances. Utilize a strong understanding of fixed income markets, corporate credit analysis, insurance investment considerations, and manager-of-managers governance to support disciplined portfolio oversight and investment decision-making. This role will be subject to an SEC compliance program, which can include monitoring personal securities transactions, restrictions on outside business activities, and other oversight and restrictions.

Requirements

• Minimum 10 years' of institutional investment, credit market, portfolio management, external manager oversight, insurance asset management, manager research, outsourced chief investment officer (OCIO), investment consulting, or related experience Required
• Experience conducting investment manager due diligence, performance oversight, and portfolio risk analysis Required
• Strong knowledge of fixed income markets, corporate credit analysis, portfolio risk management, benchmark-relative performance, and institutional investment governance Required
• Experience collaborating across investment, finance, risk, accounting, actuarial, legal, compliance, tax, operations, or other cross-functional teams Required
• Strong understanding of fixed income markets, corporate credit analysis, portfolio risk oversight, and insurance investment considerations
• Strong quantitative and qualitative analytical skills, including ability to synthesize large amounts of investment data into actionable recommendations
• Strong ability to evaluate and oversee third-party asset managers and identify performance, risk, governance, or operational concerns
• Excellent oral and written communication skills, including ability to present investment concepts and recommendations clearly
• Strong relationship management, collaboration, stakeholder engagement, attention to detail, self-initiative, and accountability
• Ability to prioritize multiple initiatives, meet deadlines, and support disciplined governance and control processes
• Demonstrated ability to mentor others and contribute to a collaborative, performance-driven culture
• Due to the financial nature and level of accountability of this position, a credit and criminal background check is required
• 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.

Nice To Haves

• Bachelor's Degree in Finance or related field Preferred
• Insurance general account investment experience Preferred
• Experience with statutory accounting, NAIC designations, RBC capital considerations, asset liability management (ALM), private credit, structured products, commercial mortgage loans, alternatives, or limited partnerships Preferred
• Experience presenting portfolio assessments and investment recommendations to leadership or governance forums Preferred
• Proficiency with investment analytics and reporting tools such as Bloomberg, BlackRock Aladdin, FactSet, Clearwater, Power BI, Tableau, or advanced Excel preferred
• CFA designation or pursuit of CFA designation Preferred

Responsibilities

• Oversee third-party asset managers for assigned mandates, including recurring communication, performance evaluation, guideline monitoring, and assessment of manager capabilities, portfolio positioning, and credit risk exposures.
• Evaluate aggregate exposures across managers, entities, portfolios, and asset classes, including sector, issuer, rating, duration, liquidity, spread, structured credit, private asset, and concentration risks.
• Lead manager due diligence, benchmark-relative performance analysis, watch-list monitoring, and escalation of performance, organizational, operational, or risk management concerns.
• Partner with SFGAM leadership on portfolio recommendations, allocation adjustments, guideline modifications, new money deployment, and remediation actions for assigned mandates.
• Incorporate insurance investment considerations, including National Association of Insurance Commissioners (NAIC) designations, statutory accounting, Royal Bank of Canada (RBC) capital treatment, liquidity needs, and liability-aware portfolio construction, into portfolio analysis and recommendations.
• Prepare and present manager reviews, portfolio risk assessments, performance attribution, and investment recommendations to investment leadership and governance forums.
• Contribute to enhancements of manager oversight frameworks, governance processes, reporting capabilities, portfolio analytics, and quantitative surveillance tools.
• Develop strong working relationships with internal investment teams, enterprise stakeholders, external managers, and other key partners.
• Mentor and guide investment professionals while supporting a collaborative, accountable, and high-performance culture.
• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager