Junior Fixed Income Trader - Minneapolis, MN

U.S. Bank • Minneapolis, MN

19h • Onsite

About The Position

Responsible for the profitable execution of fixed-income securities purchases and sales to satisfy the needs of investment portfolio managers, investment managers, customers and others as required. Executes buy and sell orders for fixed-income securities at prices that are advantageous; considering the size of the order, the trading supply and prevailing market conditions. Keeps informed of relevant conditions and trends concerning corporate and specialized securities markets to detect changes and to allow for timely planning and action. Maintains detailed records of all transactions to ensure that accurate accountings are made in compliance with established policies. Maintains good working relationships with brokers and securities dealers and negotiates commissions and discounts with them. Provides appropriate investment and company management groups with sound and timely information and recommendations concerning market trends, buy and sell activity, fixed-income securities pricing and price volatility and transaction timing.

Requirements

• College degree required
• Minimum six months of trading experience in investment and securities industry

Nice To Haves

• Some knowledge of fixed-income securities and their markets, trading characteristics and approaches, and factors influencing price trends
• Basic knowledge and proficiency in the techniques of trading
• Some experience in valuing and pricing fixed-income securities
• Some knowledge of trade related activities occurring on various securities exchange floors and on various electronic trading systems
• Strong interpersonal and relationship management skills
• Effective verbal and written communication skills

Responsibilities

• Profitable execution of fixed-income securities purchases and sales.
• Execution of buy and sell orders for fixed-income securities at advantageous prices.
• Keeping informed of relevant conditions and trends concerning corporate and specialized securities markets.
• Maintaining detailed records of all transactions.
• Maintaining good working relationships with brokers and securities dealers.
• Negotiating commissions and discounts with brokers and securities dealers.
• Providing investment and company management groups with information and recommendations concerning market trends, buy and sell activity, fixed-income securities pricing and price volatility and transaction timing.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees