Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead local currency EMD portfolios and collaborate on investment strategies.
- Company: Goldman Sachs is a globally recognised investment platform with significant assets under management.
- Benefits: Enjoy competitive compensation, career development, and access to cutting-edge research and technology.
- Why this job: Join a diverse team that values innovation and offers a chance to impact global markets.
- Qualifications: 7-10 years in fixed income portfolio management, preferably with a CFA designation.
- Other info: Work in a collaborative environment with cross-functional teams and a focus on risk-aware investment.
The predicted salary is between 43200 - 72000 £ per year.
We are seeking a highly skilled and experienced Emerging Market Debt (Local) Portfolio Manager to join our dynamic and collaborative global fixed income team. The ideal candidate will have a proven long term track record of strong performance managing active local market mandates, particularly benchmarked to GBI-EM Global Diversified (GBIEM GD) indices, or similar background. In addition to managing dedicated local currency portfolios, the candidate will also be responsible for local market allocations within broader EM, blended, and global fixed income portfolios, requiring a flexible and integrated investment approach. The candidate will work closely with the Co-Heads of EMD for selection and sizing of risk.
This role offers the opportunity to contribute to a large, well-resourced platform with access to deep research, risk, and trading capabilities.
Key Responsibilities- Lead the management of local currency EMD portfolios and local allocations within broader EM, blended, and global strategies.
- Develop and maintain a clear, structured framework for portfolio construction, risk budgeting, and performance attribution.
- Employ a diverse set of alpha-generating techniques and instruments, including duration, curve, country selection, and derivatives.
- Oversee the implementation, sizing, and management of systematic rates strategies as well as analyzing information from the underlying signals.
- Collaborate with macroeconomic research, quantitative analytics, and trading teams to generate and implement investment ideas.
- Maintain a disciplined, risk-aware investment process, ensuring alignment with client guidelines and internal risk parameters.
- Contribute to the development of new strategies and products within the EMD space.
- Represent the strategy and platform to internal stakeholders, clients, and consultants.
- Minimum 7–10 years of experience in fixed income portfolio management, with a focus on emerging market local debt.
- Demonstrated strong performance track record (top quartile) over 1, 3, and 5 years managing active GBIEM GD mandates, or similar Local mandates.
- Experience managing local allocations within multi-sector portfolios, including EM blended and global fixed income strategies.
- Deep understanding of macroeconomic drivers, monetary policy, and political risk in emerging markets.
- Experience working within a large, collaborative investment platform with cross-functional teams.
- Advanced degree in Finance, Economics, or related field preferred; CFA designation preferred.
- Deep knowledge of EM local markets, including liquidity dynamics, market microstructure, and regulatory environment.
- Strong communication and presentation skills; ability to articulate investment views to internal and external stakeholders.
- Collaborative mindset with the ability to work effectively across global teams.
- High level of intellectual curiosity and a proactive approach to idea generation.
- Strong decision-making under uncertainty and a disciplined investment process.
- Deep sense of risk awareness and accountability in managing client capital.
- Strong quantitative and analytical skills; proficiency in quant/market tools and risk systems.
- Familiarity with a wide range of instruments including local bonds, FX, interest rate derivatives, and structured products.
- Be part of a globally recognized investment platform with significant AUM and institutional reach.
- Access to cutting-edge research, technology, and trading infrastructure.
- Work in a diverse and inclusive environment that values innovation and long-term thinking.
- Competitive compensation and career development opportunities.
Goldman Sachs Asset Management - Emerging Market Debt (Local) Portfolio Manager - Managing Dire[...] employer: Goldman Sachs
Contact Detail:
Goldman Sachs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Goldman Sachs Asset Management - Emerging Market Debt (Local) Portfolio Manager - Managing Dire[...]
✨Tip Number 1
Network with professionals in the asset management industry, especially those who have experience in emerging market debt. Attend relevant conferences or webinars to connect with potential colleagues and learn about the latest trends in the field.
✨Tip Number 2
Stay updated on macroeconomic developments and political risks in emerging markets. This knowledge will not only enhance your understanding but also demonstrate your commitment and expertise during interviews.
✨Tip Number 3
Engage with online communities and forums focused on fixed income and emerging markets. Sharing insights and asking questions can help you build a reputation as a knowledgeable professional in the field.
✨Tip Number 4
Prepare for interviews by practising how to articulate your investment strategies and decision-making processes clearly. Use specific examples from your past experiences to showcase your skills in managing local currency portfolios.
We think you need these skills to ace Goldman Sachs Asset Management - Emerging Market Debt (Local) Portfolio Manager - Managing Dire[...]
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in fixed income portfolio management, especially in emerging market local debt. Use specific metrics to demonstrate your track record of performance, particularly with GBI-EM Global Diversified indices.
Craft a Compelling Cover Letter: In your cover letter, express your passion for emerging markets and detail how your skills align with the responsibilities outlined in the job description. Mention your collaborative mindset and ability to work across global teams, as these are key attributes for this role.
Showcase Relevant Skills: Highlight your deep understanding of macroeconomic drivers and risk management in your application. Be sure to mention any advanced degrees or certifications, such as a CFA designation, as these are preferred qualifications for the position.
Prepare for Potential Interviews: While this step is not part of the written application, it's important to prepare for interviews by being ready to discuss your investment strategies and decision-making processes. Familiarise yourself with current trends in emerging markets to demonstrate your intellectual curiosity.
How to prepare for a job interview at Goldman Sachs
✨Showcase Your Track Record
Be prepared to discuss your long-term performance in managing local market mandates. Highlight specific examples where you've achieved top quartile results, particularly with GBI-EM Global Diversified indices or similar benchmarks.
✨Demonstrate Your Analytical Skills
Expect to be asked about your approach to portfolio construction and risk management. Be ready to explain how you use quantitative tools and market analysis to inform your investment decisions, showcasing your strong analytical capabilities.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating your investment views and strategies clearly and confidently, as you'll need to present ideas to both internal teams and external stakeholders.
✨Emphasise Collaboration
This position requires working closely with various teams. Share examples of how you've successfully collaborated in the past, especially in cross-functional settings, to demonstrate your ability to work effectively within a large investment platform.