Portfolio Manager Senior – Local Fixed Income (Chile) \| PORFOLIO MANAGER III Country: Chile **IT'S TIME** Santander ( www.santander.com ) is evolving from a high-impact global brand into a technology-driven organization, with people at the heart of this journey. Together, we are leading a customer-centric transformation that values disruptive thinking, the courage to challenge what's possible, and the ability to innovate. This is more than a strategic shift: it's an opportunity to grow, learn, and make a real impact. Our mission is to help more individuals and businesses thrive. We embrace a strong risk culture and expect all our teams to take a proactive and responsible approach to risk management. At Santander Chile, we want to accompany people in their progress, revolutionizing the local industry and driving transformation to become the leading digital bank with Work/Café. How do we do it? By working as a team, challenging the business, valuing and promoting diversity, and using technology as a driver to build the most comprehensive ecosystem of products tailored to our customers' needs. At Santander, we work to create a leading financial services platform, integrating the best of the physical and digital worlds. We are a global bank with local roots, leveraging technology, innovation, and talent to transform the financial experience. **THE IMPACT YOU WILL MAKE** **Asset Management** is seeking a **Portfolio Manager Senior – Local Fixed Income (Chile)** based in **Santiago** . **Mission** The Senior Portfolio Manager (PM) for Local Fixed Income is responsible for defining and executing the investment strategy in local bonds, aligning tactical and strategic decisions with departmental objectives and the macroeconomic environment. Their mission includes fundamental analysis, credit and market risk management, and effective communication with clients, committees, and internal stakeholders. In this role, your main responsibilities will include: **Strategy and Portfolio Construction** In this role, the Senior Portfolio Manager will be responsible for designing and executing the investment strategy in local bonds, defining tactical and strategic positions according to the analysis of the macroeconomic and market environment. This includes selecting instruments, adjusting portfolio structure based on emerging opportunities and risks, and monitoring performance against the benchmark to ensure decisions are aligned with portfolio objectives. **Credit and Issuer Analysis** The role requires conducting in-depth analysis of corporate, financial, and sovereign issuers, assessing their solvency, economic fundamentals, and associated risks. This involves participating in due diligence processes, meetings with issuers, rating agencies, and market participants to gather key information, as well as identifying emerging factors that could impact credit risk or market conditions. **Risk and Performance Management** The Portfolio Manager must continuously monitor portfolio risks using specialized metrics and advanced analytical platforms. They will be responsible for conducting scenario analyses and stress tests to evaluate portfolio resilience, identify significant deviations from the benchmark, and propose adjustments to maintain an appropriate balance between return and risk. **Communication and Representation** This role involves presenting strategies, analyses, and results in various internal committees, as well as delivering market insights and performance updates to institutional clients. The PM must ensure clear, technical, and timely communication, along with fulfilling documentation requirements related to audits, regulators, and internal policies. **WHAT YOU WILL BRING TO THE TEAM** Our people are our greatest strength. Each individual contributes unique perspectives that make us stronger as a team and as an organization. We value who you are and enhance what you bring. The following requirements represent the essential knowledge, skills, and competencies for this position: **Professional Experience** * Between 5 and 10 years of proven experience in the local fixed income market. * Started career as a credit analyst or financial analyst, progressing into trader or portfolio manager roles in asset management firms, insurance companies, or pension fund administrators (AFP). * Demonstrable experience in fundamental issuer analysis, portfolio construction, and credit risk management. **Education** **•** Commercial Engineer, Industrial Civil Engineer, Economist, or related field. **Languages** * Intermediate to advanced English. **Technical Skills (Hard Skills)** **•** Analytical ability and credit judgment. * Technical rigor, independent judgment, and focus on risk control. * Technical leadership and ability to articulate visions in collegiate environments. * Strong communication and executive synthesis skills. * Professional ethics and fiduciary duty. * CFA Level 1 or higher certification desirable. **Interpersonal Skills (Soft Skills)** * Client and results orientation. * High relational and communication capacity. * Proactivity and strategic thinking. **❤️ WE VALUE YOUR IMPACT** Your contribution matters, and we recognize it. At Santander, you can expect a competitive compensation package that reflects your impact and the value you deliver. Take a moment to understand what we mean: * Develop your career in a company where you can grow without boundaries, with opportunities for exchange and local and global mobility. * Apply for postgraduate scholarships, participate in continuous training programs, and fully leverage our digital learning platform. * Enjoy a 40-hour workweek and our flexibility initiatives, with customizable schedules, additional days off, and hybrid work arrangements available depending on the nature of the role. * Take care of your health and well-being through the global BeHealthy program, health and life insurance, and spaces like Club Santander, featuring gym, pool, and sports activities designed for you. * Access exclusive benefits on Santander products, including plans, cards, investments, and loans under preferential conditions, along with programs that strengthen your financial well-being. * We support you during important life moments with special financial assistance: vacations, celebrations, marriage, birth of children, or personal situations requiring extra support. * We support your family with scholarships and financing for your children's education, as well as celebrations and activities that integrate family and work life. * Join an organization committed to sustainability, national progress, and communities, through volunteer programs in which you can participate to generate real impact. We are here to keep you motivated, help you achieve your goals, and celebrate your achievements every step of the way. Santander takes pride in being an organization that offers equal opportunities regardless of age, gender, disability, marital status, race, religion, or sexual orientation. We are committed to providing an inclusive and accessible selection process for all individuals. **WHAT NOW?** If everything you've just read resonates with you, apply and join our team. Will you take the next step? \#Santander \#Transformation \#Talent \#JobOpportunities \#PurposefulWork \#SantanderChile \#LI\-XD1