Portfolio Manager - Fixed Income Investments

Role overview

Abu Dhabi Commercial Bank (ADCB) is looking for a Portfolio Manager focused on fixed income investments to join its Treasury & Investments Group in Abu Dhabi. The team is responsible for the Bank’s funding, investment activities and centralized risk management, including debt issuance, derivative usage for risk mitigation, and investments across green bonds, short-term placements, corporate debt and sovereign debt securities.

This position is suited to someone who can shape and run corporate credit portfolios across developed and emerging markets, balancing return, liquidity, capital use and risk controls while working within delegated authorities, internal policy and regulatory requirements.

Key responsibilities

• Build, run and continuously refine corporate credit investment strategies using issuer fundamentals, relative value analysis and market conditions.
• Adjust exposures across capital structure, tenor and currency, and rebalance holdings as risk, liquidity and return conditions change.
• Review portfolio composition on an ongoing basis to improve liquidity, capital deployment and risk-weighted asset efficiency.
• Design credit strategies that support benchmark and budget targets while preserving liquidity through market intelligence and counterparty insights.
• Grow the portfolio within approved limits while staying aligned with regulatory, capital and liquidity constraints.
• Identify, structure and obtain approval for new market, product or issuer opportunities, then support their implementation.
• Oversee portfolio construction, including position sizing, diversification, issuer and sector allocation, and liquidity profile decisions.
• Carry out and supervise primary and secondary market trades to secure best execution, considering pricing, market depth, timing and transaction costs.
• Manage rebalancing and trade lifecycle activities to support efficient execution and ongoing alignment with portfolio goals.
• Track credit, market and liquidity risk by monitoring geopolitical, economic and market developments.
• Assess issuer performance, rating changes, spread movements, stress scenarios and portfolio attribution, and escalate significant risks with mitigation suggestions.

Candidate profile

• Minimum 8 years of experience in corporate credit or fixed income portfolio management.
• Strong knowledge of market dynamics, trading behaviour and applicable regulations in developed and emerging markets.
• Experience in corporate credit analysis, fixed income markets and instruments, and financial statement analysis.
• Solid capability in portfolio construction, risk management, interest rate and spread risk, liquidity management and capital management.
• Comfort with investment governance, controls, stakeholder communication and collaboration.
• Bachelor’s degree in Finance, Economics, Mathematics, or a related field is required.
• CFA, FRM, or an equivalent qualification is preferred.

Work environment

ADCB describes its culture as respectful, caring and disciplined, within a diverse and inclusive environment where contributions are recognised and professional growth is encouraged.