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Junior Structured Bond Trader

Location
Minneapolis, Minnesota
Job Type
Permanent
Posted
8 Sep 2022
Responsible, under direct supervision, for executing purchases and sales of structured product fixed income securities as authorized by portfolio managers, senior traders, and/or the Head of Trading. Project support as directed.

Responsibilities

  • Assist the Structured Products investment team across a wide range of activities.
  • Responsible, under direct supervision, for executing purchases and sales of structured product fixed income securities as authorized by portfolio managers, senior traders, and/or the Head of Trading; primary focus being MBS, ABS, CMBS securities
  • 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 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

  • BA/BS degree required
  • 2+ years' experience with fixed income securities, preferably for a buy-side firm
  • Strong problem solving skills, analytical framework and computer skills with a demonstrated proficiency in Microsoft Excel and macro implementation. Bloomberg knowledge a plus.
  • Programming background with literacy in R and/or Python (or related languages)
  • Rigorous attention to details and good time-management/multi-tasking skills required
  • Comfortable interacting with and taking direction from senior investment professionals.
  • Inquisitive mind interested in all aspects of the fixed income markets.
  • Self-motivated team player with strong verbal communication skills.


About Our Company

Millions of people around the world rely on Columbia Threadneedle Investments to manage their money. We're intentionally built to help our clients succeed, backed by a global team of 2,000 people including more than 450 investment professionals sharing global perspectives across all major asset classes and markets. At Columbia Threadneedle, you'll find the promise we make to our clients is the same one we make to our employees: Your success is our priority. In addition to our competitive total rewards package, employees stay with us because of our culture and commitment to their development. And, backed by the strength of our parent company, Ameriprise Financial, we are committed to providing you with the tools, resources, recognition and rewards to help you shape the career you want.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
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Details

  • Job Reference: 707236771-2
  • Date Posted: 8 September 2022
  • Recruiter: Ameriprise Financial, Inc.
  • Location: Minneapolis, Minnesota
  • Salary: On Application
  • Sector: Banking & Financial Services
  • Job Type: Permanent