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Money Market Portfolio Manager

Allspring Global Investments
United States, Minnesota, Minneapolis
800 Lasalle Avenue (Show on map)
Apr 15, 2025
Description
Elevate Your Career
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COMPANY

Allspring Global Investments is a leading independent asset management firm that offers a broad range of investment products and solutions designed to help meet clients' goals. At Allspring, our vision is to inspire a new era of investing that pursues both financial returns and positive outcomes. With decades of trusted experience propelling us forward, we strive to build portfolios aimed at generating successful outcomes for our clients. We do this through the independence of thought that powers our investment strategies and by bringing a renewed approach to look around the corner to unlock what's possible. Allspring is a company committed to thoughtful investing, purposeful planning, and the desire to deliver outcomes that expand above and beyond financial gains. For more information, please visit About Us - Allspring Global Investments.

At Allspring, unique views inspire us. We leverage the diversity of people, ideas, and skills to help our clients pursue their financial goals. We strive to attract and retain a diverse talent pool that enables us to better serve our global client base. Intentionally fostering a diverse and inclusive culture allows us to empower innovation, productivity, and engagement. It's also essential for elevating the experience of our clients as well as the communities in which we operate. Thank you for considering Allspring as you explore the next step in your career journey.

POSITION

Join our Global Liquidity Solutions team as a Money Market Portfolio Manager focused on US government and Treasury money market funds. The Money Market team oversees $215B in assets and is the 11th largest money fund provider in the industry.

We currently operate in a hybrid working model, whereby you will be required to work in-office 3 days a week.

Location(s): Minneapolis, MN, San Francisco, CA

RESPONSIBILITIES



  • Day-to-day responsibility for the portfolio management of the Allspring Government, Allspring Treasury Plus, and Allspring 100% Treasury money market funds including the trading of US Treasury securities, agency securities, and repurchase agreements.
  • Contribute to money market investment strategy development and implementation.
  • Represent team, funds, and investment strategy to clients, prospects, and the industry with the goal of growing assets under management.
  • Author commentaries and develop materials related to investment strategy, the economic environment, and current topical events for internal and external use.
  • Build and maintain strong professional relationships with external trading counterparties and internal stakeholders, such as credit research, investment analytics, operations, legal, and compliance teams.
  • Provide backup to prime and municipal fund portfolio managers.


CANDIDATE



  • We are seeking a motivated and talented candidate that works well on a team in a trading desk environment. Strong technical and communication skills with a commitment to detail desired.


REQUIRED QUALIFICATIONS



  • Well-versed in fixed income markets and work experience of at least 2-5 years in portfolio management or related field.
  • Proven analytical, problem solving, and quantitative abilities.
  • Solid understanding of credit risk and risk management.
  • Superior organizational, interpersonal, verbal, and written communication abilities.
  • Demonstrated leadership ability, a quick intellect, and a willingness to work in a "hands-on", team-oriented environment.
  • Investment systems-oriented mindset with strong technical skills.
  • Knowledge of Bloomberg and proficiency in Excel and PowerPoint.


PREFERRED QUALIFICATIONS



  • An undergraduate degree in business administration, finance, economics, statistics, accounting, math or equivalent experience in these fields is desired.
  • Experience and working knowledge of SEC Rule 2a7 governing registered money market mutual funds.
  • A CFA designation or interest in pursuing such.



Base Pay Range: $150,000 - $175,000

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary bonus programs, or other annual or non-annual incentive or sales plans.)

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We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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