Thrivent · 1 month ago
Senior Portfolio Manager, Money Market
Minneapolis, MN
Full-time
Onsite
Senior Level
$206K/yr - $279K/yr
7+ years expThrivent is a membership-owned fraternal organization dedicated to helping people achieve financial clarity. The Money Market Portfolio Manager is responsible for managing the organization’s mutual funds and cash holdings, focusing on portfolio construction, risk management, and compliance with SEC regulations.
FinanceFinancial ExchangesFinancial ServicesInsurance
Responsibilities
Leads day-to-day management of short-term fixed income portfolios and various cash management mandates focused on capital preservation, daily liquidity, and competitive yield
Actively manages and collaborates with trading desk to execute trades in short-term instruments including U.S. Treasury bills, commercial paper, agency securities, and collateralized repurchase agreements
Ensures continuous compliance with SEC Rule 2(a)7 and internal risk management guidelines
Maintains portfolio WAM/WAL, quality, diversification, and maturity structure within policy limits
Manage, develop and maintain strong relationships with securities dealers and counterparties including sales coverage, traders, and syndicate desks
Manages the organization’s securities lending effort. This includes managing the Securities Lending Trust as well as relationships with our securities lending agents
Produces periodic commentary related to Federal Reserve policy developments and expectations, liquidity conditions, flows, and broadly communicate these to senior investment management, portfolio management teams, and trading desk
Present portfolio strategy, risk metrics, and performance updates to senior management, clients, and other stakeholders
Models Thrivent’s leadership competencies – courage, collaboration, and commitment by demonstrating resiliency, working together to make the best decisions, and holding yourself and others accountable
Supports and/or develops an environment in which Thrivent employees and colleagues are focused on continuous improvement, exceptional employee engagement, and an unwavering commitment to our clients. Shapes and/or supports a culture that represents the Thrivent purpose, promise and values, ensuring that Thrivent’s trust and reputation remain strong with its clients
Qualification
Required
Master's degree in finance, business administration, another related field, or CFA designation
Seven or more years experience managing or assisting in management of money market portfolios or short-term fixed income
Strong understanding of liquidity risk management, credit markets, and monetary policy operations
Strong analytical and technology skills, including proficiency with Blackrock Solution's Alladin OMS, Bloomberg, and Excel
Preferred
Master's degree in finance, business administration, another related field and CFA designation
Benefits
Various bonuses (including, for example, annual or long-term incentives)
Medical, dental, and vision insurance
Health savings account
Flexible spending account
401k
Pension
Life and accidental death and dismemberment insurance
Disability insurance
Supplemental protection insurance
20 days of Paid Time Off each year
Sick and Safe Time
10 paid company holidays
Volunteer Time Off
Paid parental leave
EAP
Well-being benefits
Other employee benefits
Company
Thrivent
Thrivent is a financial services organization that helps Christians be wise with money and live generously.
5001-10000 employees
H1B Sponsorship
Thrivent has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (10)
2024 (9)
2023 (15)
2022 (6)
2021 (2)
2020 (2)
Funding
Current Stage
Late StageLeadership Team
Teresa Rasmussen
President & CEO
Kelly Baker
Executive Vice President, Chief Human Resources Officer
Recent News
2026-01-23
2026-01-22
2025-11-28
Company data provided by crunchbase