I have an interview coming up soon for a PM position within a CB (Eurozone). The job entails implementing the Eurozone monetary policy coordinated by the ECB, through the management of a portfolio of assets that will be assigned to me (I’m guessing Covered Bonds, ABS and Public Sector Bonds, the three types the current QE is focusing on, as well as foreign reserves and gold).
Has anyone worked in a Central Bank and is willing to share some advice regarding these types of roles? What type of knowledge (besides being solid on macro and monetary/FX policies) will be expected of me? I am obviously reviewing everything related to fixed-income from the CFA L2 and following bond markets actively to be well-prepared, but I have never worked as an asset manager before, and this is making me anxious.
Had the interview yesterday. It’s an amazing opportunity for a start as a bond portfolio manager. Besides the usual, I was asked technical questions on fixed-income securities and monetary policies.
One position for more than a hundred applicants though, I’m not expecting anything positive out of this.