Full Job Description
Responsible, under direct supervision, for executing trades of structured product fixed income securities as authorized by Portfolio Managers with the primary focus being Agency Mortgages and CLOs.
Responsibilities
• Collaborate and build relationships with Portfolio Managers, Research Analysts and Traders to build credibility and trust as a partner in the overall investment process.
• Provide market-related insight that helps Portfolio Managers identify relative value opportunities.
• Participate in Portfolio Management and Research team round tables as the representative of the trading function to provide market trends and environment from a trading perspective.
• Contribute to the global trading team with market insight, trends and technicals.
• Develop and maintain data base to track secondary trading levels, dealer bid/offering levels, and cover bids.
• Point of contact with street counterparties – aggregating axes, collecting and disseminating market color, and executing trades.
• Assist with ad hoc reporting as requested by PM/traders.
• Will be expected to learn various client guidelines and restrictions and utilize pre-trade compliance checks.
• Interact with senior traders, research partners and other internal constituents on a regular basis.
• Participate in morning calls, daily/weekly market updates and strategy meetings. Interact as a seamless interface between the team and various internal firm constituencies.
Required Qualifications
• 2-7 years’ experience with structured product securities, preferably in agency mortgages or CLOs for a buy-side firm.
• Strong problem-solving skills, analytical framework and computer skills with demonstrated proficiency in Microsoft Excel, macro implementation and Bloomberg.
• Rigorous attention to details and good time-management/multi-tasking skills required.
• Comfortable interacting with and taking directions from senior investment professionals.
• Inquisitive mind interested in all aspects of the fixed income markets.
• Self-motivated team player with strong verbal communication skills.
Preferred Qualifications
• Proficiency with Blackrock Solution's Aladdin OMS.
• Undergraduate degree in Finance, Math, Physics or related field
Visa Sponsorship
Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
In-Office Collaboration
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Base Pay Salary
The estimated base salary for this role is $115,000- $140,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Full time
Exempt
Investment Management
AMINV US Asset Management