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Fixed Income Portfolio Manager Jobs in Philadelphia, PA

PNC

Fixed Income Trader - Buy Side

Philadelphia, PA · On-site

As a Fixed Income Trader, you will work with investment team portfolio managers and interface with various external trading partners including electronic trading platforms to source investment grade ...

Wilmington Trust

Senior Fixed Income Trader

Wilmington, DE · On-site

$68K - $114K/yr

The individual will assist senior portfolio managers in executing investment strategies across a broad range of high-quality fixed income instruments, with a primary focus on liquidity management ...

M&T Bank

Senior Fixed Income Trader

Wilmington, DE · On-site

$68K - $114K/yr

The individual will assist senior portfolio managers in executing investment strategies across a broad range of high-quality fixed income instruments, with a primary focus on liquidity management ...

Franklintempleton

Senior Portfolio Manager

Radnor, PA · On-site

Senior Portfolio Manager Fiduciary Trust International is hiring a Senior Portfolio Manager to join ... A strong understanding of fixed income securities as well as other financial securities is required ...

Franklin Templeton

Senior Portfolio Manager

Radnor, PA · On-site

Senior Portfolio Manager Fiduciary Trust International is hiring a Senior Portfolio Manager to join ... A strong understanding of fixed income securities as well as other financial securities is required ...

US Bank

Fixed Income Trader

Philadelphia, PA · On-site

$75K - $89K/yr

RESPONSIBILITIES Responsible for the profitable execution of fixed-income securities purchases and sales to satisfy the needs of investment portfolio managers, investment managers, customers and ...

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Fixed Income Portfolio Manager information

See Philadelphia, PA salary details

$37.3K

$101.4K

$189.2K

How much do fixed income portfolio manager jobs pay per year?

As of Aug 31, 2026, the average yearly pay for fixed income portfolio manager in Philadelphia, PA is $101,371.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,100.00 and $131,200.00 per year, depending on experience, location, and employer.

How does a fixed income portfolio manager collaborate with research analysts and traders to optimize portfolio performance?

Fixed Income Portfolio Managers work closely with research analysts to assess credit quality, market trends, and macroeconomic factors that may impact portfolio holdings. They rely on analysts for in-depth insights into issuers and sectors, enabling informed investment decisions. Collaboration with traders is essential for efficient execution of buy and sell orders, ensuring that trades are conducted at favorable prices while maintaining compliance with investment guidelines. This teamwork helps managers react quickly to market changes and optimize the portfolio’s risk-return profile.

What are the key skills and qualifications needed to thrive as a fixed income portfolio manager, and why are they important?

To thrive as a Fixed Income Portfolio Manager, you need strong analytical skills, deep understanding of fixed income markets, and typically a degree in finance, economics, or a related field, often supplemented by a CFA designation. Proficiency with financial modeling tools such as Bloomberg Terminal, Excel, and risk management systems is commonly required. Exceptional decision-making, attention to detail, and clear communication are vital soft skills for managing client expectations and collaborating with team members. These capabilities ensure effective portfolio construction, risk mitigation, and achievement of client investment objectives in a complex market environment.

What is the difference between Fixed Income Portfolio Manager vs Bond Analyst?

AspectFixed Income Portfolio ManagerBond Analyst
Primary RoleOversees and manages fixed income investment portfolios to meet client objectivesResearches, analyzes, and evaluates individual bonds and fixed income securities
Required CredentialsTypically CFA, Series 7/63, and relevant finance certificationsOften CFA, Series 7/63, and strong analytical background
Work EnvironmentAsset management firms, investment banks, or institutional investorsResearch firms, investment banks, or asset management companies
FocusPortfolio performance, risk management, and client objectivesSecurity analysis, credit ratings, and bond valuation

While both roles require strong analytical skills and relevant certifications, the Fixed Income Portfolio Manager focuses on managing entire portfolios and client strategies, whereas the Bond Analyst specializes in analyzing individual bonds to inform investment decisions.

What are popular job titles related to Fixed Income Portfolio Manager jobs in Philadelphia, PA?

For Fixed Income Portfolio Manager jobs in Philadelphia, PA, the most frequently searched job titles are:

What job categories do people searching Fixed Income Portfolio Manager jobs in Philadelphia, PA look for?

The top searched job categories for Fixed Income Portfolio Manager jobs in Philadelphia, PA are:

What cities near Philadelphia, PA are hiring for Fixed Income Portfolio Manager jobs?

Cities near Philadelphia, PA with the most Fixed Income Portfolio Manager job openings:

Fixed Income Portfolio Manager jobs near you
Infographic showing various Fixed Income Portfolio Manager job openings in Philadelphia, PA as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $101,371 per year, or $48.7 per hour.

Portfolio Construction Analyst (Fixed Income & Portfolio Risk Analysis)

Philadelphia, PA • On-site

Franklin Templeton
Finance and Insurance • 5 - 10K employees

9.8

Company rating: 9.8 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Great coworkers

Good employer

Good training

Learn more about Franklin Templetonexternal

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 21 days ago

Job description

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.
From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients' success.
About our Team:
FTFI Brandywine Fixed Income is a Philadelphia-based fixed income investment team managing $42 billion in assets across US and global fixed income portfolios in both long only and long-short strategies.
About the Role:
We are seeking a highly analytical and intellectually curious Portfolio Construction Analyst to advance our fixed income portfolio construction and research capabilities. This role will partner closely with portfolio management, portfolio implementation, performance/risk, and client service teams to enhance the existing portfolio construction framework aligned with our investment philosophy and style.
The ideal candidate combines strong quantitative skills with a deep interest in markets, portfolio construction, and behavioral aspects of investing. This individual will play a key role in enhancing how we measure risk, optimize portfolios, evaluate market regimes, and communicate investment insights internally and externally.
How You Will Add Value
Portfolio Construction & Risk Framework
  • Develop and enhance portfolio construction and risk management frameworks consistent with the fixed income team's investment philosophy.
  • Develop and maintain market and macroeconomic risk factor frameworks used to assess portfolio exposures.
  • Analyze position risk on both standalone and portfolio-context settings.

Volatility Research & Portfolio Optimization
  • Conduct ongoing research on volatility forecasting and correlation dynamics.
  • Develop optimization tools to better express portfolio managers' key market views.
  • Identify and analyze market and risk regimes, including periods where strategies historically outperform or underperform.
  • Evaluate how different risk measures behave across varying market environments.
  • Research and improve downside risk management approaches, including position sizing and loss mitigation frameworks.

Risk Research & Investment Insights
  • Investigate key portfolio construction questions, including:
  • Which risk measures matter most in different environments?
  • When are tracking error metrics informative or unstable?
  • How should historical versus forward-looking risk measures be balanced?
  • What implicit assumptions in the investment process should be challenged?
  • Develop research-driven insights that improve decision-making and portfolio resilience.

Portfolio Customization
  • Build scalable frameworks to implement flagship investment ideas within more constrained or customized client portfolios.
  • Partner with client service and implementation teams to improve portfolio guidelines and support client-specific solutions through rigorous analysis.

Options & Cross-Asset Research
  • Analyze what options markets are implying across asset classes and macro environments.
  • Identify derivative strategies to better express investment views and manage risk.

Trade Review & Performance Attribution
  • Track and evaluate entry and exit points of key trades to assess performance and risk outcomes.
  • Reconcile portfolio results with third-party performance attribution systems.
  • Develop reporting and analytical materials for investment team and firm-wide presentations.

Leadership & Collaboration
  • Lead periodic portfolio and risk reviews for the investment team.
  • Present risk research and market insights during investment meetings.
  • Coordinate cross-functionally with portfolio implementation, performance, and client service teams.
  • Contribute to investment reporting materials and strategic discussions.

Innovation & Technology
  • Evaluate and implement AI-driven tools and techniques to enhance the investment research and risk analysis framework.
  • Identify opportunities to improve efficiency, scalability, and analytical depth through technology.

What Will Help You Be Successful in This Role
Experience, Education & Certifications
  • Requires 3-7 years of experience in fixed income, portfolio construction, risk management, quantitative research, multi-asset investing, and derivatives (options).
  • Bachelor's degree in Finance, Economics, Mathematics, Statistics, Engineering, Computer Science, or related quantitative field; advanced degree and/or CFA preferred.
  • Strong understanding of portfolio theory, risk modeling, factor analysis, volatility, and optimization techniques.
  • Experience working with portfolio analytics, attribution, and risk systems.
  • Familiarity with options markets and derivatives analytics preferred.
  • Strong programming and data analysis skills (Python, R, MATLAB, SQL, or similar).
  • Experience with AI or machine learning tools applied to investment research is a plus.
  • Excellent communication skills with the ability to present complex ideas clearly to investment and non-investment audiences.
  • Demonstrated intellectual curiosity, independent thinking, and a research-oriented mindset.

Work Schedule & Location
  • Hybrid work schedule
  • Work Location: Philadelphia, PA

Compensation Range: Franklin Templeton offers employees a competitive and valuable range of total rewards-monetary and non-monetary - designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational well-being program. We expect the annual salary for this position to range between $120,000 to $160,000, plus an annual discretionary bonus, depending on location and level of relevant experience.
Staffing Agency Disclaimer:
Please note that we are not engaging staffing agencies or external recruiters for this position. Any unsolicited resumes or candidate profiles submitted to the company or any employee will be considered the property of the company. We will not be responsible for any fees or charges associated with unsolicited submissions, and no agency or search fees will be paid.
#MID_SENIOR_LEVEL
#LI-Onsite
At Franklin Templeton, we believe your benefits should support your life, your goals, and your future. That's why we offer a comprehensive Total Rewards package designed to help you thrive both personally and professionally.
Highlights of our benefits include:
- Paid Time Off: Three weeks of PTO in your first year
- Health Coverage: Competitive medical, dental, and vision insurance to support your well-being
- Retirement Savings: 401(k) plan with an 85% company match on pre-tax and/or Roth contributions, up to IRS limits
- Equity & Investing: Employee Stock Investment Plan (ESIP) with discounted share purchase opportunities
- Learning Education Assistance Program (LEAP): To support your ongoing growth and career advancement
- Employee Investment Benefits: Opportunity to purchase company funds with no sales charge
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.

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