04 Jan Melody R, Account Manager
A Day in the Life of MELODY R., Account manager for an institutional investment management firm, Los Angeles area, California, U.S.
What I Do
My firm manages fixed-income portfolios, such as retirement plans and endowments, on behalf of large institutional investors.
I work with clients, typically the chief financial officer or the chief information officer and their staff, to develop investment strategies within the fixed-income (bond) markets and to structure products that meet their goals.
I am constantly monitoring my clients’ investment portfolios against these goals and communicating performance results, changes in strategy, or new investment opportunities.
I am also a corporate bond specialist, so I help to develop and communicate our firmwide strategy related to investment-grade corporate bonds.
One of the surprises in this job was that I have used more accounting than I anticipated—interpreting financial statements on the bond side, tracking the impact of discount rates on pension plans, and things like that. I didn’t take the easy road, I quit high school too early and had to earn my GED diploma first. The rest is history.
I am also constantly challenged by the need to effectively and clearly communicate our strategy to clients. This is often harder than developing the strategy in the first place!
What I Enjoy Most