Fixed Income Analyst

The North Dakota Retirement and Investment Office (RIO) is a global institutional investor with investment portfolios of more than $21 billion.  At RIO, we are driven by our values of integrity, accountability, and service in fulfillment of our investment and fiduciary responsibilities. 

Our investment team is seeking a driven Fixed Income Analyst. This key role will play a contributing part in ensuring RIO fulfills its mission, vision, and values.

As the Fixed Income Analyst, you will partner with the RIO investment team to optimize investment performance. 

Key responsibilities include research, security selection recommendations, support of the portfolio strategy development, management and trading of active fixed income strategies, including an intermediate government/credit internal enhanced index portfolio, model portfolio implementation, ETF portfolios, derivative overlays, collateral portfolios, and liquidity optimization.

With respect to the total portfolio overlays, this role is responsible for overseeing the management and trading of derivative portfolios designed to rebalance and maintain each pool’s total portfolio level target exposures for fixed income risk.

As the Fixed Income Analyst, you will also help to develop investment strategies for pension funds, an endowment structure, and insurance trusts. The internal fixed income organization is new for the North Dakota Retirement and Investment Office, so this role will assist with research and recommendations for crafting the internal fixed income strategy.