Job Information
Ameriprise Financial Trader in Minneapolis, Minnesota
Structured Bond Trader
Responsible, under direct supervision, for executing trades of structured product fixed income securities as authorized by Portfolio Managers, Senior Traders, and/or the Head of Trading.; primary focus being asset-back securities.
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 for the accounts.
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
Undergraduate degree in Finance, Math, Physics or related field.
2+ years’ experience with fixed income securities, preferably for a buy-side firm.
Strong problem-solving skills, analytical framework and computer skills with a 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 direction 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.
Programming background with literacy in R and/or Python (or related languages.)
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial Services, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.
Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.
Full-Time/Part-Time
Full time
Exempt/Non-Exempt
Exempt
Job Family Group
Investment Management
Line of Business
AMINV US Asset Management
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial Services, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.