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Fixed Income Trader

Fixed Income Trader
Louisville, US
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Job Description

Essential Duties and Responsibilities:

  • Performs trading functions in equity and fixed income securities

  • Build and generate trading reports for management and compliance

  • Research investment opportunities and assist with ongoing surveillance of bond issuer credit quality

  • Assist with development of investment strategy for fixed income portfolios—including research and implementation of investment opportunities/compliance with client Investment Policy Statements

  • Executes single or multi-security equity trades (such as blocks)

  • Develop and maintain broker/dealer relationships and ensure best execution for all portfolio trades

  • Work in partnership with portfolio managers to construct retail and institutional investment portfolios

  • Work closely with portfolio managers and compliance to monitor trading activities

  • Consistently maintains proper internal controls and ensures compliance with company policies and procedures

  • Reviews and notifies portfolio managers of upcoming reorgs

  • Perform proxy voting duties including review of upcoming meetings, providing research to proxy voting vendor, voting of physical proxies and coordination of information with chief investment officer

  • Manages trading error process including written summary, adjustments to client and firm accounts as well as reporting to investment committee Performs follow-up on audits and tracks corrective action(s)

  • Serve as a backup to other traders

  • Performs other duties and projects as assigned

Knowledge, Skills, and Abilities:

Knowledge of:

  • Portfolio investing knowledge

  • Understanding of rating agency credit methodologies

  • Industry investment concepts and products. Intermediate principles of accounting, economics and finance

  • Communication concepts, methods, and techniques

  • Intermediate knowledge of Microsoft Word and Excel

  • The establishment of daily operational objectives

  • Experience with Bloomberg and electronic trading platforms such as ICE TMC, MarketAxess, and TradeWeb is preferred

Skills in:

  • Experience in security selection (taxable and tax-exempt fixed income, common stocks, funds) and a working knowledge of investment theory

  • Strong analytical and technology skills

  • Telephone techniques and professionalism Interpreting and applying policies and procedures

  • Detail orientation, organization and accuracy and strong math skills Organizational and time management skills to prioritize workflow and ensure duties and projects are completed by deadlines

  • Self-motivation with a commitment to excellence

  • Communication skills and professional demeanor to interact with all levels of management, other associates and counterparts at other firms

Ability to:

  • Organize, manage, prioritize, and track multiple detailed tasks and assignments with frequently changing priorities and interruptions, and meet deadlines in a fast-paced work environment

  • Partner with other functional areas to accomplish objectives

  • Establish and maintain effective working relationships at all levels of the organization Work well under stress created by time deadlines and workflow

  • Work in a team environment and work independently using initiative to solve problems and contribute to team efforts

Educational/Previous Experience Recommendations:

  • Undergraduate degree in related field; Experience may replace education requirement

  • Three to five years of securities industry experience

  • Preferred experience in fixed income Previous trading experience required


  • FINRA Series 7 securities license required or be willing to obtain within the first year.
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