Global Fixed Income Portfolio Analyst
MACKAY SHIELDS, LLC•New York, NY
•$75,000 - $125,000•Onsite
About The Position
Founded in 1938, MacKay Shields has grown steadily over the years through rapidly changing market environments. Becoming a registered investment advisor in 1969, we have expanded our services over time and are now proud to offer products across US and international markets. https://www.nylim.com/mackay-shields [https://www.nylim.com/mackay-shields]
Requirements
- Bachelor’s Degree required.
- Strong analytical skills.
- High proficiency in Excel.
- Enjoys and promotes a collaborative work environment.
Responsibilities
- Generate and maintain start-of-day and ad-hoc reports for Portfolio Managers
- Research and identify relevant data points across multiple applications to support Portfolio Manager, Compliance, and Client Service requests
- Maintain proficiency across multiple data systems and understand how they interact with one another
- Maintain and update Excel-based tools used for order creation and hedging
- Maintain thorough understanding of portfolio and strategy capabilities, concentration limits, and account-specific restrictions
- Monitor concentration limits across accounts and investigate/reconcile any limit breaches, including determining timing and cause
- Evaluate reported compliance violations for accuracy and escalate as appropriate
- Model new issue allocations across specified portfolios and strategies based on Portfolio Manager direction
- Run compliance checks to determine account eligibility and identify potential concentration limit breaches, including magnitude
- Validate accuracy of compliance flags and communicate order sizing to Portfolio Managers and Traders
- Construct duration-neutral hedges using Treasuries or Treasury futures
- Input orders and hedges into the system with speed and precision ahead of new issue pricing deadlines
- Coordinate with the data team to set up new securities, providing expected ratings with a high degree of accuracy given the compliance implications of errors
- Create ad-hoc trades and assess duration impact to determine hedging requirements
- Monitor open orders on the blotter throughout the day, modifying orders and hedges as needed to keep traders current
- Communicate proactively with Traders regarding order and hedge execution status
Benefits
- excellent salary and benefits package
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
