Overview Role Purpose. The Senior Portfolio Manager – Fixed Income is accountable for the end-to-end management, performance, and risk outcomes of fixed income portfolios across multiple mandates. The role is responsible for setting and executing portfolio strategy, leading sophisticated investment decision-making across yield curves and instruments, and contributing to the broader investment and business strategy of the organisation. The incumbent will operate as a senior investment professional, applying deep market expertise, disciplined portfolio construction, and active risk management to deliver superior, risk-adjusted outcomes aligned to client objectives, mandates, and the Fixed Income team’s philosophy, while supporting the Momentum Group’s strategic objectives. Requirements Bachelor’s degree in a relevant discipline such as Investment Management, Finance, Mathematics, Economics, or similar. Honours degree or postgraduate qualification preferred. CFA designation (or actively studying towards CFA) or equivalent professional qualification strongly advantageous. Minimum of 7–10 years’ experience in fixed income portfolio management, trading, or related investment roles, with demonstrated accountability for portfolio outcomes. Proven experience in portfolio construction, asset allocation, risk management, and performance attribution. Strong understanding of South African and global macro-economic drivers, fixed income markets, and regulatory environment. Experience contributing at senior investment committee level is advantageous. Duties and Responsibilities Portfolio Strategy, Construction and Management Take full accountability for the performance, risk profile, and mandate compliance of assigned fixed income portfolios. Lead end-to-end portfolio management, including asset allocation, security selection, trading, rebalancing, and cash management. Construct and manage portfolios across the yield curve using a robust, research-driven investment process. Position portfolios tactically to enhance returns while maintaining alignment to strategic asset allocation and risk budgets. Ensure asset allocation views are consistently reflected and implemented across relevant mandates. Utilise derivatives, where permitted by mandate, to enhance returns, manage risk, or protect portfolio outcomes. Maintain oversight of portfolio adherence to mandates, regulatory requirements, and internal investment governance standards. Investment Research, Insight and Decision-Making Lead and contribute to in-depth analysis of South African and global fixed income markets, macro-economic conditions, monetary policy, and credit dynamics. Develop, maintain, and enhance quantitative and qualitative models to support valuation, risk analysis, and investment decisions. Identify key investment themes, opportunities, and risks with material impact on performance, income, and capital preservation. Drive rigorous debate, challenge, and peer review within the Fixed Income team to strengthen investment outcomes. Contribute to the ongoing development and refinement of the Fixed Income investment philosophy and process. Trading, Execution and Risk Management Oversee and actively participate in trading activity, ensuring best execution and effective implementation of investment decisions. Engage with dealing desks and relevant stakeholders to manage trade limits, liquidity considerations, and execution strategy. Monitor portfolio risk, diversification, and exposures at asset class and instrument level. Ensure consistent application of risk management frameworks, controls, and escalation protocols. Governance, Committees and Reporting Actively contribute to the House View Investment Committee, Asset Allocation Committee, and other relevant forums. Implement committee decisions and house views across portfolios in a disciplined and timely manner. Collate, analyse, and present investment insights, portfolio positioning, and market outlooks to internal committees and senior stakeholders. Monitor portfolio performance and conduct detailed attribution analysis to explain outcomes and inform future decisions. Client, Stakeholder and Business Contribution Provide senior-level technical expertise and insight to support client engagement, sales, and marketing initiatives. Engage with internal and external stakeholders to ensure clear communication of investment strategy, positioning, and performance. Manage service delivery against agreed service level agreements and client expectations. Make recommendations to enhance client outcomes, fair treatment of clients, and overall service quality. Represent the Fixed Income capability through industry engagement, networking, and benchmarking to sustain competitive advantage. Leadership, Collaboration and Culture Act as a senior contributor and mentor within the Fixed Income team, providing guidance, support, and cover where required. Foster a collaborative, high-performance culture that encourages learning, innovation, and accountability. Contribute to the strategic direction of the investment team and broader business. Drive innovation in investment approaches, tools, and processes to improve efficiency and outcomes. Operational Excellence and Continuous Improvement Identify opportunities to enhance operational efficiency and cost-effectiveness within area of responsibility. Manage financial and other resources under control responsibly and in line with company policies. Continuously upskill and remain current with industry developments, best practices, and regulatory changes to remain future-fit. #J-18808-Ljbffr