Job Description:Job Title Fixed Income Trader/Portfolio Manager
Corporate Title Vice President
Location New York, NY
OverviewWealth Management business supports clients of Deutsche Bank in the areas of wealth advisory, discretionary, trust planning, custody, and brokerage as well as the deposit business with combined $75bn AUM. Fixed Income Portfolio Management is part of Wealth Management's Discretionary Portfolio Management team and provides investment management services for clients of the bank. You will be an integral part of the team working to deliver Portfolio Management expertise to these clients.
What You'll Do - Work closely with portfolio managers, investment managers, and bankers in the construction and oversight of intermediate duration separately managed fixed income accounts
- Collaborate with portfolio managers and analysts to understand client needs and account mandates
- Buy and sell bonds for client portfolios with specific attention to corporate bonds, Treasury and Agency securities
- Develop and maintain strong relationships with Investment Managers, Relationship Managers, and clients, among others
Skills You'll Need - Understanding of the financial markets, economic indicators, interest rate trends to inform trading decisions
- A solid understanding of the credit markets, spreads,
- Ability to construct and manage separately management account portfolios
- Become fluent in all trading and portfolio management systems utilized by the fixed income team
- An understanding of the dynamics impacting fixed income markets and ability to effectively communicate and present this knowledge to prospects, clients, and internal partners
- Solid communication skills with the ability to present market overviews / updates in client and department meetings
Skills That Will Help You Excel- Detail oriented in documentation, pricing and execution
- Strong team player
- Experience with Bloomberg, InvestorTools (Perform)
- Understand the complete product set offered by the Discretionary Portfolio Management department and the Private Bank
- Self-motivated to learn
ExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York office in accordance with the Bank's hybrid working model.
The salary range for this position in New York, NY is $150k-$180k. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
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