Job Description:

Job Description:

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you.

“3M’s culture is driven by curious, spirited and collaborative people who are constantly asking ‘What if?’ And the many talents of 3Mers around the globe have me incredibly excited about what’s to come next.” – Kristen Ludgate, senior vice president of Human Resources at 3M

This position provides an opportunity to transition from other private, public, government or military environments to a 3M career.

The Impact You’ll Make in this Role

As a Portfolio Manager Fixed Income, you will have the opportunity to tap into your curiosity and collaborate with the investment team. Here, you will make an impact by:

• Providing overall management and strategy for fixed income retirement investments across all plans managed by 3M including portfolios in USD, CAD and GBP.


• Managing derivative portfolios designed to hedge duration and inflation risks across key countries including establishing liability hedge strategy and objectives, managing collateral and liquidity, with attention to duration, curve and spread risks.


• Providing critical input to department investment committee process and 3M Investment Management Corporation (IMC) Board reviews across the entire portfolio and lead Matching fixed income related strategy and discussion.


• Developing fixed income focused team and resources to be able to effectively manage portfolios and risks.


• Source, diligence, negotiate and implement new investment opportunities in growth fixed income across fixed income sectors, geographies and asset classes including high yield, emerging market debt and other fixed income sectors.


• Managing key strategic relationships with investment management firms, monitoring investment results and hiring, retaining and terminating investment managers as appropriate.


• Conducting independent research on macroeconomic trends, monetary policy, fixed income market conditions and other factors that will affect strategy and portfolios and sharing key insights with management and broader team.

Your Skills and Expertise 

To set you up for success in this role from day one, 3M is looking for candidates who must have the following qualifications:

• Bachelor’s degree or higher (completed and verified prior to start) from an accredited institution


• Ten (10) years of fixed income portfolio management experience including experience trading and/or managing derivative positions

Additional qualifications that could help you succeed even further in this role include:

• CFA and/or MBA highly desirable.


• Experience serving on investment committees and presenting to investment committees and boards.


• Experience analyzing individual credits and portfolio credit risks.


• General problem solving, financial modeling and analytical skills, including the ability to understand complex investment concepts.


• Experience using portfolio management systems and tools.


• Demonstrated management and leadership skills.


• Strong written and oral communication skills.


• High degree of professionalism and integrity.


• Strong fundamental understanding of economic concepts, financial markets, economic and monetary policies, asset allocation and investment theory.


• Proven ability to work independently, in an unstructured environment, under uncertainty.

Travel: May include up to 10% domestic/international

Relocation Assistance: May be authorized

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status)

Supporting Your Well-being 

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope. 

Resources for You 

For more details on what happens before, during and after the interview process, check out the Insights for Candidates page at 3M.com/careers. 

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

3M is an equal opportunity employer.  3M  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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