Structured Product Bond Trader

About Our Company


Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.

We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

Job Description

Responsible, under direct supervision, for executing trades of structured product fixed income securities as authorized by Portfolio Managers with the primary focus being Agency Mortgages and CLOs.

Responsibilities

  • Collaborate and build relationships with Portfolio Managers, Research Analysts and Traders to build credibility and trust as a partner in the overall investment process.
  • Provide market-related insight that helps Portfolio Managers identify relative value opportunities.
  • Participate in Portfolio Management and Research team round tables as the representative of the trading function to provide market trends and environment from a trading perspective.
  • Contribute to the global trading team with market insight, trends and technicals.
  • 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 be expected to learn various client guidelines and restrictions and utilize pre-trade compliance checks.
  • 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

  • 2-7 years’ experience with structured product securities, preferably in agency mortgages or CLOs for a buy-side firm.
  • Strong problem-solving skills, analytical framework and computer skills with demonstrated proficiency in Microsoft Excel, macro implementation and Bloomberg.
  • Rigorous attention to details and good time-management/multi-tasking skills required.
  • Comfortable interacting with and taking directions from senior investment professionals.
  • Inquisitive mind interested in all aspects of the fixed income markets.
  • Self-motivated team player with strong verbal communication skills.

Preferred Qualifications

  • Proficiency with Blackrock Solution's Aladdin OMS.
  • Undergraduate degree in Finance, Math, Physics or related field

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Base Pay Salary

The estimated base salary for this role is $115,000- $140,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Investment Management

Line of Business

AMINV US Asset Management

Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.

Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.