Portfolio Trading [Multiple Positions Available]
Duties: Structure and price lists of OTC fixed income securities. Design digital platforms to provide data to clients. Design and deploy optimization functionality for fixed income securities. Liaise with clients on investment needs and market trends. Liaise with other traders to price and manage risk. Train junior members of the team to perform pricing, risk management, and reporting responsibilities. Create and refine marketing materials. Write code to optimize workflow. Work with sales force to find new avenues of distribution. Focus on developing portfolio solutions for a broad investor space in the fixed income market, including Corporate Bonds, Municipals, and securitized products. This position requires up to 20% domestic and international travel for visiting clients.
QUALIFICATIONS:
Minimum education and experience required: Master's degree in Finance or related field of study plus three (3) years of experience in the job offered or as Portfolio Trading, E-Markets, Portfolio Manager or related occupation. The employer will alternatively accept a Bachelor's degree in Finance or related field of study plus five (5) years of experience in the job offered or as Portfolio Trading, E-Markets, Portfolio Manager or related occupation.
Skills Required: This position requires three (3) years of experience with the following: Securitizing products for detailed knowledge of the underliers, syndication process, and trading protocols for asset backed securities and mortgage-backed securities; This position requires two (2) years of experience with the following: Using PowerPoint to create marketing materials that educate clients on the value of portfolio trading; Using Excel to model and price portfolio trades; Utilizing Bloomberg to analyze bond pricing and risk; Pitching trade ideas to institutional clients based on bank research reports; Creating, pricing, and derisking investment grade corporate bond, high yield corporate bond, Muni bond, and structured product portfolio trades; pitching fixed income products including corporate bonds, Muni bonds, and structured products to institutional clients and managing client relationships; This position requires any amount of experience with the following: Constructing trades that improve net investment income, asset liability matching, and capital requirements for insurers, asset managers, and pension funds using linear optimization libraries in python; Leveraging fixed income mathematics to price large lists of corporate bond, municipal bond, and structured product portfolios; Designing novel digital platforms to share sell side analytics with the buy side and improve the buy side trading experience; This position requires knowledge of the following: Insurance capital requirements for North America, Bermuda, and UK jurisdictions required to improve net investment income, asset liability matching, and capital requirements for insurers domiciled in those regions.
Job Location: 270 Park Avenue, New York, NY 10017. This position requires up to 20% domestic and international travel for visiting clients.
Full-Time. Salary: $285,000 - $285,000 per year.