Macro Investment Manager, Fx & Interest Rates - 50077888

The Phoenix is one of Israel’s leading financial institutions, managing long-term savings, insurance, and investment portfolios across global markets.

Within our Investment Division, we operate a unique and highly specialized Global Macro Investment activity, focusing on sovereign bonds, interest rate derivatives, and FX exposures across international markets.

This is an opportunity to join a cutting-edge team that combines deep macroeconomic research with active portfolio management, operating in a domain that is still relatively niche in the Israeli market.

What you’ll do?

• Leading macro investment strategy and market economics
• Managing interest rate, foreign exchange and bond exposures in Israel and internationally
• Developing and implementing investment and hedging strategies using advanced financial instruments
• Performing macroeconomic analyses, building scenarios and assessing risks and opportunities
• Preparing investment recommendations and presenting them to investment committees and senior management.
• Working with brokers, banks, research bodies and professional bodies in Israel and abroad
• Collaborating with risk management, finance, actuarial and investment units

What are we looking for?

• Bachelor's degree in Economics, Finance, Business Administration or a relevant field
• Previous experience in managing macro investments, interest rates and foreign exchange and/or in-depth understanding of global capital markets, interest rates, bonds, foreign exchange and derivatives
• Experience working with financial derivatives and hedging instruments

What Makes This Role Unique?

• Exposure to global sovereign bond markets and interest rate derivatives
• Opportunity to actively manage country-level macro positioning
• Work alongside leading strategists, banks, and global financial institutions
• Direct impact on portfolio performance and investment strategy

Full-time, Sunday-Thursday, 9 hours per day, hybrid

Rishon LeZion, The 1000 complex, adjacent to Moshe Dayan Railway