Portfolio Manager, Agency MBS

Invesco Ltd. • Atlanta, GA

9d • Hybrid

About The Position

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

The Invesco Structured Investments team manages a wide range of strategies to support the broader Invesco Fixed Income platform. Its mandate spans the residential and commercial agency and non-agency mortgage-backed sectors as well as the asset-backed securities sector with the goal of delivering best-in-class fund performance. The team manages approximately $44 bn USD across a variety of strategies including mutual funds, ETFs, institutional separately managed accounts, and an Agency-focused mortgage REIT.

The Portfolio Manager will serve as a key member of the team responsible for evaluating, selecting and positioning Agency MBS and related investments across Invesco-managed products.

Requirements

• 10+ years of direct experience in analyzing, trading, and managing risk in Agency MBS including TBA, specified pools, CMOs, and derivatives
• CFA or MBA preferred
• Comprehensive understanding of all facets of Agency MBS and related macroeconomic, financial market, and regulatory dynamics
• Significant knowledge of other structured products sectors
• Expertise in design and implementation of hedging strategies via swaps, futures, swaptions, and other interest rate derivatives
• Experience managing levered portfolios is beneficial
• Command of industry tools including Bloomberg, Tradeweb, Yield Book, DataQuery, etc.
• Familiarity with BlackRock Aladdin platform is beneficial

Nice To Haves

• Demonstrated success in driving investment outcomes through decisive risk-taking and portfolio management
• Proficiency in quantitative methods and analytical mindset
• Ability to articulate a comprehensive investment framework and adapt it to meet specific client objectives
• Humble, client centric focus - we are fiduciaries of our clients’ assets and must understand their goals, desires, and investment objectives
• Commercially oriented mindset
• Strong written and verbal presentation skills and ability to work constructively as a key member of a dynamic investment team
• Proficiency leveraging AI tools to automate and optimize workflows

Responsibilities

• Apply Agency MBS expertise to generate and implement investment ideas through comprehensive analysis of specified pools, CMOs, TBAs, and other agency mortgage derivatives
• Manage portfolios focused primarily on Agency MBS across various investment vehicles, including mutual funds, ETFs and separately managed institutional accounts
• Collaborate with portfolio management colleagues on investment strategies managed by the broader Structured Investments and Invesco Fixed Income team
• Employ a relative value-oriented mindset when assessing cross-sector asset allocation opportunities across the universe of structured products and other investment grade credit sectors
• Add value through design and execution of advanced hedging strategies
• Develop and communicate investment outlook to internal and external stakeholders
• Build trusted relationships with sell-side counterparties to facilitate best execution on Agency MBS sourcing and trading
• Cultivate strong, lasting partnerships with current and prospective retail and institutional clients
• Commercialize Agency MBS and broader structured products investment capabilities through product development and marketing efforts

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed