Federated Investors, Inc., one of the nation’s largest investment managers with over $527 billion in managed assets has an exciting opportunity available in January 2020 for an Investment Grade Corporate Bond Trader on the Fixed Income trading team in Pittsburgh. The investment grade corporate bond team has continued to experience growth in assets under management and is looking for a trader with relevant trading experience to lend his/her experience to the team.
Pittsburgh is one of the nation’s most livable cities with a strong, revitalized economy; lower cost of living than cities of similar size; entrepreneurial spirit; sense of community; superior academics and top research universities; and, vibrant arts, food, cultural and sports scenes.
POSITION SPECIFICATIONS: •Bachelor Degree or relevant experience in lieu of degree •Minimum of 3 years of relevant trading experience required; Investment Grade Corporate bonds, derivative, and credit experience preferred •Working knowledge of trading products such as investment grade corporate bonds and derivatives products preferred •Self-starter and team player with excellent communication skills and high integrity •Risk/reward mindset and ability to assess relative value opportunities •Buy-side experience strongly preferred •Proficiency in Excel, as well as familiarity with market information/trading systems such as Bloomberg, MarketAxess or TradeWeb required. •Strong quantitative, math and accounting skills required •Strong relationship building and negotiation skills •A pro-technology mindset and the ability to leverage technology to improve effectiveness, efficiency, and workflow. Programming skills, while not required, would be additive
MAJOR DUTIES: •Execute security/bond buy and sell orders as directed by Portfolio Managers, Investment Grade Corporate Bond Trading Desk Head and/or Head of Trading •Provide Portfolio Managers with information about market sentiment, trading environment, trading volume and price volatility •Liaise with operations and other fixed income business colleagues to maintain and enhance workflow efficiency, monitor risk and improve communication •Enhance our vendor electronic trading relationships and integration efforts that benefit our trading workflow •Improve workflow efficiency through use of technology and systems •Interact and maintain good rapport with securities/bond dealers •Provide securities maintenance, cash reconciliations and ratings reconciliations as needed •Maintain detailed knowledge of current market climate, potential product development, and assigned investment vehicles.
Federated Investors, Inc. offers a competitive salary and benefits package along with a professional environment.
For consideration, go to https://careers.federatedinvestors.com/psp/PSEXT/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=11&JobOpeningId=7787&PostingSeq=1
Only those candidates in whom we have an interest will be contacted. EOE
Internal Number: 7787
About Federated Investors, Inc.
Since 1955, millions of investors in the United States and around the globe have relied on Federated Investors, Inc. (NYSE: FII) for world-class investment management. Federated has grown to become one of the nation's largest investment managers with $500 billion in assets under management.
Federated has honed its disciplined investment process over a half-century to deliver style-consistent investment products, including 123 domestic and international equity, fixed-income and money market funds, as well as a variety of separately managed accounts. Federated's diversified product line is distributed through more than 8,400 financial intermediaries and institutions who assist investors in meeting their unique objectives. For additional information about Federated Investors visit FederatedInvestors.com.