Associate Trader, Fixed Income
Seattle, WA, USA
USD 100k-120k / year
Salary Range:
$100,000 USD - $120,000 USDSpecific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.
Job Description:
Associate Trader, Fixed Income
This is an opportunity for you to join the fixed-income trading team in Seattle. You will work with a specific focus on Fixed Income Markets and support the global trading team, as needed. In this role, you will be a key member of a team responsible for providing global Fixed Income trading for the Russell Funds, Trading Clients, Transition Management Clients, and Investment Managers.
This associate will be responsible for implementing trading strategies that conform to Russell Investment's best execution guidelines, with oversight and guidance from senior members of the global fixed income trading team, as well as other regional teams. This person will analyze trading against best execution through demonstrable pre-trade and post-trade analysis, our trading capabilities in terms of markets and execution venues, and our overall product offering.
Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.
Your Core Responsibilities:
Trading: Collaborate with the Fixed Income trading team to execute a broad array of trading strategies in global markets, from global trading mandates to more focused mandates across fixed income markets.
This individual must be familiar with Fixed Income markets, both international and domestic, for all credit, sovereigns, and structured products globally.
Strategy development and implementation of trading: Interact with senior members of the team using risk models, optimization systems, and other trading analytic systems. Research trading costs associated with various strategies and implement the most cost-effective strategy.
Risk Management and Best Practices: Liaise with numerous clients, investment managers/portfolio managers and execute the program and/or single order transactions. Continue to learn and implement the established best practices to ensure trading strategies conform to Russell’s best execution guidelines. Interface with various systems and operate multiple market-facing execution technologies.
Your Expertise:
Bachelor's degree in finance or a related area.
1-2+ years of fixed-income experience in the industry, with some interest in international fixed-income securities.
Expected to study and receive SIE and Series 7, 55, and 63 licenses.
Advanced degrees or interest in studying to become a CFA charter holder are considered a plus.
Excellent communication skills.
Highly proficient with Excel and SQL is preferred.
Detailed-oriented & excellent problem-solving skills.
Driven self-starter looking to take on new responsibilities in a challenging environment
In-depth knowledge of the Global Fixed Income Trading Marketplace and clearing infrastructure is preferred.
Experience with fixed-income electronic trading platforms:
Tradeweb, MarketAxess, Bloomberg, Liquidnet, TruMid, MTS and Yieldbroker is preferred.
This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.
Equal Employment Opportunity
Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.