Fixed Income & Credit Portfolio Analyst
Share
Job Location:
Phoenix, NM - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
The ASRS Investment Division is led by Michael Viteri Chief Investment Officer and manages the daily investment of approximately $64 billion in assets held in a diversified investment portfolio of cash fixed income domestic and international equities real estate private equity and private credit. The ASRS Investment Division currently comprised of 12 individuals is responsible for managing the investments of the ASRS pension plan Long Term Disability plan and Health Benefits plan. Codified through the ASRS Investment Beliefs the ASRS Investment Division oversees the actual investments which are managed by a select group of investment managers as well as providing internal portfolio management capabilities for select asset class mandates.
Check out our webpage to learn more about the ASRS.
FIXED INCOME & CREDIT PORTFOLIO ANALYST
| Job Location: |
Address: 3300 N. Central Ave. Phoenix AZ 85012
Hybrid work environment
| Posting Details: |
Salary: DOE up to $110000 annually incentive pay of up to 30% of salary and excellent benefits.
Closing Date: Wednesday April 15 2026
| Job Summary: |
The Arizona State Retirement System (ASRS) is seeking a Portfolio Analyst to play a key role on its Fixed Income & Credit Team. The Analyst will support the Deputy CIO and the asset class Portfolio Manager in managing the internally managed fixed income portfolio and monitoring the credit portfolio which includes investments in Private Credit Distressed Debt and other credit investments. Responsibilities will include oversight of legal documentation performance measurement and reporting participation in quarterly manager calls andat the discretion of the Deputy CIO and Portfolio Managerattendance at annual limited partner meetings.
| Essential activities: |
1. Assist with oversight of the Interest Rate Sensitive asset class including portfolio management and trading responsibilities for the approximately $3 billion internally managed U.S. Treasury and futures portfolio. The role will also involve conducting investment research across sectors of the investment-grade market to evaluate potential inclusion in the Treasury portfolio and identify opportunities for incremental alpha outside the assigned benchmark. Responsibilities include utilizing Bloomberg PORT for portfolio construction and risk management and offering trade support through execution of trades through Bloomberg MarketAxess and Tradeweb with approved broker-dealers
2. Assistance with the management and oversight of the Credit asset class including primary due diligence and monitoring roles for select Credit partnerships. The Fixed Income & Credit portfolio analyst will also assist in the identification of new investment ideas in Credit and conducts due diligence on potential externally managed opportunities across private debt distressed debt structured credit and other opportunistic strategies; including a comprehensive review of the investment and operational process negotiating fund level economics working with external legal counsel to review all fund terms and presenting attractive opportunities to the internal asset class committee.
Additionally the Fixed Income & Credit Portfolio Analyst will assist in the following:
- Assist in the quarterly and annual reconciliation returns including the calculation of asset class returns
- Assist in monitoring sector and geographic exposures across the asset class as well as offer trading support for internal portfolios
- Assist in the management of the deal documentation process legal review and financial administration
- Assist in the collaboration with legal counsel accountants consultants and other service providers to manage investment to closing
- Assist in analyzing operational due diligence for potential investments
- Assist in developing presentation materials for the asset class portfolio
- Track industry statistics while maintaining quarterly and semi-annual databases
- Work collaboratively across a number of functional areas within ASRS and with custodial bank and other external vendors and stakeholders
| The ideal candidate will have: |
Academic
- Relevant Bachelors or Masters degree
Certification
- CFA or other appropriate professional investment designation or progress towards designation
Experience
- 3 years of experience related to capital or private markets and institutional portfolio management
Other Skills
- Superb work ethic and positive collegial attitude
- Highly organized with exceptional attention to detail
- Ability to work both independently and with a team
- Creativity and problem solving skills
- Excellent Microsoft Office skills
- Excellent verbal and written communication skills
| Benefits: |
The State of Arizona offers a comprehensive benefits package that includes:
- Competitive salary and incentive compensation program (up to 30% of base salary)
- Tuition/Professional Certification monetary assistance
- Robust and affordable insurance plans (medical dental life short-term and long-term disability options)
- A top-ranked retirement program
- 10 paid holidays per year
- Accrue vacation (21 days/year) and sick days (12 days/year)
- An incentivized commuter club and public transportation subsidy program
- The opportunity to participate in deferred compensation credit union membership and a wellness program
- Rewarding work that benefits the people of Arizona
- Public Service Loan Forgiveness eligible employer
- Free Covered Parking and onsite gym membership
The Arizona State Retirement System is located in midtown Phoenix within walking distance of the Light Rail. We offer a stable work environment and an atmosphere that fosters a healthy work-life balance.
For a complete list of benefits provided by The State of Arizona please visit our benefits page
| Retirement: |
Positions in this classification participate in the Arizona State Retirement System (ASRS).
| Contact Us: |
Persons with a disability may request a reasonable accommodation such as a sign language interpreter or an alternative format by contacting 602.677.2902.
* Arizona State Government is an EOE/ADA Reasonable Accommodation Employer.
* All newly hired employees are subject to the E-Verify Employment Eligibility Verification Program.
* Candidates selected for hire will be subject to a background investigation to include credit and criminal history.
Required Experience:
IC
Key Skills
- Financial Statement Preparation
- Credit Analysis
- Cash Flow Analysis
- Math
- Banking
- Analysis Skills
- UCC Law
- Underwriting
- Financial Analysis
- Financial Modeling
- Financial Report Interpretation
- Word Processing
About Company
The Arizona Department of Revenue is consistently striving towards recruiting individuals who are committed to providing quality services to the citizens of Arizona and are passionate about creating solutions to the ever-evolving decisions faced within state government.
