Westamerica Bank · 2 months ago
Bond Portfolio Manager
FAIRFIELD,CA,US
Full-time
Onsite
Senior Level
5+ years expWestamerica Bank is among the largest commercial banks headquartered in California, seeking a Bond Portfolio Manager to join their team. This role involves managing the Bank’s bond portfolio, developing investment strategies, purchasing bonds, and monitoring portfolio performance while providing investment management services to the Trust Department.
BankingFinancial Services
Responsibilities
Responsible for managing the Bank’s bond portfolio, including development of investment strategy with senior management, purchasing bonds, and monitoring portfolio performance
Provides investment portfolio management services to the Bank’s Trust Department
Reviews and interprets governmental monetary and fiscal policies, economic conditions, and bond market conditions and applies such knowledge in developing bond portfolio management recommendations for senior management (Treasurer & CEO) and in managing the Bank's bond portfolio
Buys bonds for the Bank's investment portfolio in accordance with senior management approved strategies and tactics
Performs pre-purchase due diligence prior to bond purchase
Achieves Community Reinvestment Act goals for investments
Monitors the performance of the Bank's bond portfolio in regard to yield, duration, liquidity, credit quality, value and other attributes
Performs quarterly stress tests of the bond portfolio value
Maintains working relationships with securities dealers and brokers
Provides investment portfolio management services to the Bank's Trust Department
Upon request, reviews trust accounts which hold individual equities and/or bonds and makes portfolio management recommendations
Provides investment related materials for, attends, and participates in monthly Trust Investment Committee meetings
Regularly updates the bond portfolio policies and procedures
Maintains a working knowledge of all laws and regulations affecting designated areas of responsibility
Keeps abreast of new and changing laws and regulations
As needed, participates in formulating and updating policies and procedures/job aids which incorporate regulatory requirements
Disseminates compliance-related information to employees
Assists division management with the development and implementation of a comprehensive compliance risk assessment
Ensures internal controls that mitigate compliance risk are established, maintained, and applied in practice
Completes assigned compliance training courses, BCG, and Bank regulating agencies' training affecting designated areas of responsibility and disseminates the information, as appropriate, with colleagues and employees
Participates in audits and examinations
Performs other job-related duties as required
Qualification
Required
Requires a Bachelor's degree in Finance and Economics, or similar degree
Requires a minimum of five-years' experience managing bond portfolios
Proficient in current bond portfolio management strategies and tactics, as well as attributes of various bond structures
Proficient with Bloomberg, Excel, Morningstar and other IT applications related to profession
Excellent verbal communication skills
Team oriented
Preferred
An advanced degree such as an MA or MBA is desirable
Company
Westamerica Bank
Westamerica Bancorp is a regional community bank that offers consumer and commercial financing.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1980-04-11IPO
Leadership Team
R
Robert Thorson
Chief Financial Officer
Recent News
MarketScreener
2025-10-23
Westamerica Bancorporation
2025-10-17
MarketScreener
2025-04-17
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