Investment Grade Trader
- Employer
- Ameriprise Financial, Inc.
- Location
- Minneapolis
- Salary
- Competitive
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- Industry
- Financial Services and Banking
- Role
- Other
- Job Type
- Long-Term
- Hours
- Full Time
Job Description:
Responsible for executing purchases and sales for designated investment area covered; as authorized by portfolio managers, senior traders, and/or the Head of Trading.
Responsibilities:
* Under appropriate direction, responsible for executing purchases and sales as authorized by Portfolio Managers, Senior traders and/or the Head of Trading.
* Point of contact with Street counterparties - aggregating axes, collecting and disseminating market color, and executing trades.
* Manage new issue process for investment grade corporate sector. Act as point person with the Street syndicate desks for new issued deals.
* Assist Portfolio Managers in the daily surveillance of fixed income accounts, appropriately communicating key activity relative to account guidelines and parameters.
* Provide market-related insight that helps Portfolio Managers identify relative value opportunities for the accounts.
* Act as a trading point person for a team of Portfolio Managers overseeing Institutional and Retail investment grade credit based portfolios.
* Will be expected to know various client guidelines and restrictions and utilize pre-trade compliance checks.
* Will interact with senior traders, research partners and other internal constituents on a regular basis.
Required Qualifications:
* BA/BS degree.
* 2-3+ years' experience in investment grade corporate securities preferably for a buy-side firm.
* Inquisitive mind interested in all aspects of the fixed income markets.
* Self-motivated team player with strong verbal communication skills.
* Strong problem solving skills, analytical framework and computer skills with a demonstrated proficiency in Microsoft Excel and Bloomberg.
* Comfortable interacting with and taking direction from senior investment professionals.
* Able to multi task/prioritize in a fast pace environment.
* Rigorous attention to detail.
Preferred Qualications:
* CFA or CFA track preferable.
* Programming background with literacy in R and/or Python (or related languages).
15356BR
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