Corporate Bond Trader

Fidelity Investments

$100K — $150K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of sell-side or buy-side experience in trading corporate bonds and credit derivatives.
  • Bachelor’s degree in Engineering, Computer Science, Mathematics, Finance, or a related quantitative field.
  • Strong analytical capabilities complemented by excellent communication skills.
  • Familiarity with front-to-back-office operations and trading technology.
  • Team-oriented with a commitment to transparent collaboration across departments.
  • Aptitude for utilizing new technologies to enhance workflow and trading efficiency.
  • Ability to multitask and maintain accuracy in a fast-paced environment.

Responsibilities

  • Partner with PMs and analysts to generate impactful investment ideas.
  • Source and negotiate trade opportunities, executing trades for portfolios.
  • Maintain strong relationships with dealers in sales, trading, and syndicate.
  • Collaborate with quant research staff to develop relevant analytics and solutions.
  • Work with internal teams to provide exceptional service and execution capabilities.
  • Represent the trading desk in meetings and client engagements.

Benefits

  • Onsite working model transitioning to full-time presence.
  • Opportunity to build expertise within one of the largest fixed income divisions in the industry.
  • Collaboration with a diverse team of portfolio managers, analysts, and traders.
Full Job Description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The corporate bond trader will be an integral member of the fixed income taxable bond investment team. The taxable bond team consists of portfolio managers (PMs), research analysts and traders that work together to make informed investment decisions that benefit our shareholders. This role will directly support our corporate bond market strategies across different investment teams. Candidates for the position will possess exceptional corporate trading acumen, market knowledge, thought leadership, and communication skills.

The Value You Deliver

  • Partner with PMs, research analysts and fellow traders to generate investment ideas that have positive impact on our investment performance.

  • Source investment opportunities and access liquidity in the marketplace. Negotiate and execute trades on behalf of our portfolios.

  • Maintain strong dealer relationships (sales, trading, and syndicate).

  • Work with desk-dedicated quant research staff and contribute to the development of relevant quantitative analytics and desk-specific solutions.

  • Partner with technology, compliance, legal, operations, and other internal groups to provide best-in-class service and execution capabilities to the portfolios.

  • Represent the trading desk in periodic team meetings, client engagements and other ad hoc forums.

The Expertise and Skills You Bring

  • 10+ years sell-side or buy-side experience trading corporate bonds and credit derivatives.

  • Bachelor’s degree required, preferably in Engineering, Computer Science, Mathematics, Finance, or other relevant quantitative subject area.

  • Strong analytical ability along with excellent communication skills.

  • Aptitude for using new technologies to enhance our workflow, trading systems, and advance a quantitative approach where applicable.

  • Must be team oriented. Committed to transparent collaboration with PMs, fundamental and quantitative analysts as well as fellow traders.

  • Familiar with front-to-back-office operations, and highly proficient with trading technology.

  • Ability to multi-task in a fast-paced environment with a consistent focus on accuracy.

  • Ability to think creatively and independently while working in a collaborative environment.

The Group

Fidelity’s Fixed Income division is one of the leading managers of bond and money market instruments with over $2 trillion in fixed income assets. The Fixed Income team combines fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions that stay true to each portfolio’s defined investment mandate, while aiming to maximize risk-adjusted total return for our clients. Our goal is to use our financial expertise to help people achieve their financial goals and live the lives they want. The Fixed Income division is headquartered / located primarily in Merrimack, New Hampshire, one hour north of Boston.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.


Certifications:

Category:

Investment Professionals

Similar Jobs

More Jobs at Fidelity Investments

More Finance & Insurance Jobs

Find similar Corporate Bond Trader jobs: