Senior Portfolio Manager, Emerging Market Debt

MN - Minneapolis

Full time

REQ-48429

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.

At our core, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.

Job Summary

The Emerging Markets Debt Portfolio Manager is a senior member of the Fixed Income Investments team responsible for the management of the Thrivent Core Emerging Market Debt Fund and the Emerging Market Debt (EMD) exposure in the Thrivent Core Plus Bond ETF. Develops and communicates team’s emerging market outlook and strategies for implementation across Thrivent’s various mixed asset accounts, mutual funds, and ETFs.

Job Responsibilities and Duties

• Portfolio management of the Thrivent Core Emerging Markets Debt Fund.

• Provide input to Thrivent Core Plus Bond ETF team for recommended EMD aggregate exposure and country weighting, as well as views on appropriate new EMD issues.

• Develop and communicate the EMD team’s emerging market outlook and strategies for implementation while contributing to broader asset allocation decisions across Thrivent’s various mixed asset accounts, mutual funds, and ETFs.

• Continually stay abreast and have an opinion on countries in the JPM EMBI Diversified Index, dynamics of the global economy, key commodity markets and capital markets with the goal of formulating overall strategies for funds under management and sharing views with other portfolio managers with EMD exposure.

• Conduct in-depth, independent sovereign and quasi-sovereign credit analyses, evaluating political risk factors, fiscal policy, and global macroeconomic trends.

• Interact with internal and external research and trading personnel in executing strategic and tactical moves with portfolio assets.

• Responsible for all EMD credit research that supports all portfolios in the organization with EMD exposure.

• Generate superior performance relative to benchmark while minimizing overall assumed risk to achieve performance.

• Communicate EMD market strategy, performance updates, and risk metrics, to multiple constituencies including senior management, the mutual fund Board, clients, and other stakeholders.

• Develop and maintain strong relationships with securities dealers and counterparties including EM sales coverage, traders, and syndicate desks.

• May supervise, mentor, and develop EMD analysts.

Leadership Competencies

• Contribute to a high-performing team, supporting a culture of shared accountability, operational excellence, and partnership across the organization.

• Meet your performance objectives while acting consistent with Thrivent’s leadership competencies – Model the Way, Rally the Team, and Deliver Outcomes.

• Support an environment in which Thrivent employees and colleagues are focused on continuous improvement, exceptional employee engagement, and an unwavering commitment to our clients. Support a culture that represents the Thrivent purpose, promise and values, ensuring that Thrivent’s trust and reputation remain strong with its clients.

Job Qualifications

Required:

• Master’s degree in international economics or finance, business administration, another related field or CFA designation.

• Seven or more years’ experience in an emerging markets sovereign fixed income analyst role or as part of a portfolio management team.

• Strong analytical and technology skills, including proficiency with Blackrock Solution’s Alladin OMS, Bloomberg, and Excel.

Preferred:

• Master’s degree in international economics, finance, business administration, or a related field, and CFA designation.

• Ten or more years combined emerging markets credit analysis and portfolio management experience, at least 5 years of which should be in a dedicated emerging market debt portfolio management role.

Additional Information

• This position requires you to work on-site in Minneapolis, MN.

Pay Transparency

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $206,040.00 - $278,759.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation , please let us know by sending an email to [email protected] or call 800-847-4836 and request Human Resources.

At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given. At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our customers. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.

For over 100 years, Thrivent has been helping people build their financial futures and live more generous lives. Today, it’s a Fortune 500 company that offers a full range of expert financial solutions, serving more than 2 million customers, as well as the communities in which they live and work.

Thrivent fosters a diverse workforce to serve our diverse clientele, reflecting a wide range of backgrounds and experiences. If you’re intrigued about our work and the possibility of becoming part of it, we invite you to visit Thrivent.com to learn more. You won’t just build a career; you’ll be part of an organization focused on growing, innovating, and serving.