Assistant Fixed Income Portfolio Manager

Richmond, Virginia
Competitive Salary + Full Benefits Package, to include 10% Retirement Contribution
May 01, 2019
May 31, 2019
Employment Type
Full Time

Location:          Richmond, VA

Department:     Davenport Asset Management


This full time position is designed to give the employee broad exposure to all aspects of Davenport Asset Management by playing an integral role in the fixed income management effort. 


Responsibilities of this position include, but are not limited to:

  • Account monitoring and maintenance
  • Strategy formulation and execution
  • Fixed income market monitoring and trading
  • Performance monitoring
  • Independent research
  • Internal communication

In addition to these varied areas, the employee will interact with equity portfolio managers in the administration of their accounts by performing the responsibilities listed below:

  • Initial investment of funds
  • Portfolio modeling and risk assessment
  • Maintenance trading to accommodate contributions and distributions
  • Monitor account model strategies’ performance
  • Interaction with portfolio managers and sales force


  • College degree
  • 3 to 5 years of fixed income experience
  • Experience with taxable assets
  • Series 7 & 66 registered or must obtain registration within six months of hire date
  • Extremely well-organized, detail-oriented and accurate; must be able to multi-task and meet deadlines
  • Self-motivated with strong interpersonal and communication skills
  • Proficiency in Microsoft Outlook and Excel; Bloomberg experience a plus
  • Ability to learn and master computer applications that house customer data
  • Ability to understand and adhere to industry rules and regulations
  • Professional demeanor
  • Ability to work beyond the standard work day when needed in order to meet the demands of the position


We offer a competitive salary and excellent benefit program, including safe harbor 401(k) contribution, profit sharing plan, disability and life insurance, high deductible health plan with an HSA, Paid Time Off, on-site Health Center and other benefits.  We offer wellness programs and support a friendly and collegial culture, with company sponsored volunteer opportunities during business hours.


Davenport & Company LLC provides equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws.