Junior Trader, Money Markets

Janus Henderson Investors•Denver, CO

3d•$110,000 - $125,000•Hybrid

About The Position

This role involves assisting analysts and portfolio managers in managing the cash and liquidity component of client portfolios. Key responsibilities include portfolio construction, trade execution, and providing market commentary. The Junior Trader will ensure investments adhere to portfolio restrictions, contribute to asset allocation and risk management, and develop sophisticated execution analytics and models using programming skills. The position requires staying updated on market structure and regulations, collaborating with stakeholders on customized solutions, and creating insightful content on cash and fixed income topics. The role also supports credit analysis, regulatory filings, and financial risk management, along with other assigned duties.

Requirements

3–5 years of experience in trading or trading related processes within a financial firm, with a strong preference for backgrounds in Fixed Income Execution.
A robust balance of technical and quantitative skills.
In-depth knowledge of Mathematical Finance and Financial Markets, including Algorithmic Trading and Market Microstructure.
Interest or experience with Machine Learning methodologies, particularly clustering techniques, factor modeling, and advanced statistics.
Familiarity with common trading problem sets, industry benchmarks, Algo Wheel implementations, and current trends in electronic trading.
Demonstrated ability to problem solve with relation to trading and settlement of fixed income instruments.
Strong interpersonal and soft skills, capable of fostering collaborative relationships.
Strong programming skills: Python, KDB-Q, and VBA.
Excellent written and verbal communication skills.
Ability to prioritize tasks and manage workload effectively in a fast-paced environment.
Exceptional attention to detail.
Experience with trading and financial software programs and tools such as Bloomberg, Aladdin OMS, and Excel.
Knowledge of financial markets, financial markets function and the impact of economic figures and national/regional/global events on markets.
Understanding of issues relating to market abuse and anti-money laundering.

Nice To Haves

A strong academic background is expected.
A Finance, Business, Economics, or Mathematics degree discipline would be advantageous.
A degree in a technical field such as Quantitative Finance, Mathematics, Physics, Engineering, Computer Science, or equivalent (exceptions may be considered based upon relevant, equivalent, professional experience).
Familiarity with SEC Rule 2a-7 governing US Money Markets

Responsibilities

Assist analysts and portfolio managers in managing the cash and liquidity component of client portfolios, including portfolio construction, trade execution, and market commentary.
Ensure investments align with portfolio restrictions, contribute to asset allocation and risk management.
Develop sophisticated execution analytics and models, leveraging programming skills to build and implement solutions; utilize existing toolkits and products to contribute to new product development.
Stay up-to-date with evolving cash and short-dated security market structure and regulations to ensure continuous compliance and maintain a competitive advantage.
Work directly with stakeholders to design, develop, and implement customized investment and trading solutions.
Create insightful content on topics pertinent to cash and fixed income, such as market microstructure, trading costs, and various trading products.
Add value to credit analysis and regulatory filings, assist with the management of financial risk.
Carry out other duties as assigned.

Benefits

Hybrid working and reasonable accommodations
Generous Holiday policies
Paid volunteer time to step away from your desk and into the community
Support to grow through professional development courses, tuition/qualification reimbursement and more
Maternal/paternal leave benefits and family services
Complimentary subscription to Headspace – the mindfulness app
Corporate membership to ClassPass and other health and well-being benefits
Unique employee events and programs including a 14er challenge
Complimentary beverages, snacks and all employee Happy Hours
Competitive compensation
Pension/retirement plans
Various health, wellbeing and lifestyle benefits
Annual Bonus Opportunity: Position may be eligible to receive an annual discretionary bonus award from the profit pool. The profit pool is funded based on Company profits. Individual bonuses are determined based on Company, department, team and individual performance.