Assistant Leveraged Finance Trader

Fidelity Investments • Boston, MA

249d • Hybrid

About The Position

The Group Headquartered in Boston, the High Income & Alternatives group manages over $100 billion in assets under management (AUM). The group's investments span “across the capital structure,” including high-yield bonds, leveraged loans, convertible bonds, alternative credit, structured credit, and equities. Fundamental research is the foundation of the group's investment process. The team allocates capital from various Fidelity funds and separately managed accounts (SMAs) for institutional and retail clients. The Role We are seeking a highly motivated and detail-oriented Assistant Leveraged Finance Trader to support our trading desk. The ideal candidate will possess a strong operational background combined with hands-on familiarity in executing transactions across broadly syndicated loans, high yield bonds, and credit derivatives. This role offers a unique opportunity to work directly with senior traders in a fast-paced environment, contributing to trade execution, position management, and operational efficiency.

Requirements

• Bachelor's degree in Finance, Economics, or a related field; relevant certifications (e.g., CFA) are a plus
• 2-5 years of relevant experience in a trading assistant, operations, or support role within fixed income or credit markets
• Solid understanding of the leveraged finance markets, including broadly syndicated loans, high yield bonds, and credit derivatives
• Strong grasp of trade lifecycle processes, including settlement mechanics, documentation, and regulatory reporting
• Familiarity with trading platforms such as Bloomberg, TradeWeb, and ClearPar
• Exceptional attention to detail, time management, and communication skills

Responsibilities

• Support the leveraged finance trading desk in executing and booking trades across syndicated loans, high yield bonds, and credit derivatives (e.g., CDS, CDX)
• Coordinate closely with operations, legal, compliance, and middle office teams to ensure timely and accurate trade settlement
• Monitor market movements and assist in managing risk exposures and portfolio updates
• Maintain and enhance trading desk tools using Excel, Bloomberg, and internal systems
• Assist in covering various investor constituents / strategies across the organization
• Liaise with sales and research teams to support idea generation and trade execution
• Identify process inefficiencies and help implement improvements to enhance desk operations and performance

What This Job Offers

• Career Level: Director
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree