The Prospect:

Seeking a highly motivated individual to join the investment team in the role of a junior fixed income trader. Our fixed income & credit alternative strategies provide actively managed, global exposures in a non-equity correlated asset class. Our strategies aim to protect against interest rate risk.

Guarding against the potential loss of capital that could occur if interest rates rise and, as a direct result, bond prices fall. In addition, we actively manage the credit and geographic exposures of each of our strategies. With a focus on absolute returns and low correlations to equity markets, these strategies form an important part of our clients’ asset mix.

Responsibilities
Monitor and work closely with portfolio managers on cash management activities for fixed income funds as well as required segregated accounts.
Monitor day-to day administrative issues in support of trading activities as well as daily pnl reconciliation.
Monitor market activity in global fixed income markets, and pro-actively contribute views and commentary to enhance the investment process.




Work in conjunction with Portfolio Managers/Traders to formulate and recommend profitable trade ideas for various trading strategies.
Monitor risk to ensure that hedging and cash balances are maintained within fund limits
Engage with internal technology and analytics groups to enhance systems, analytics and trading activity.

Qualifications
Undergraduate/Graduate Degree(s) in relevant subject such as Business, Economics, Mathematics, Engineering.
CFA (or enrollment in program) and/or CA highly regarded
Understanding of bond formulas, basics of credit/rate derivatives, macro risk factors and implications for risk management.
Exceptional understanding of fixed income markets and valuation analysis
Effective communication skills and demonstrated ability to work with multiple partners and stakeholders
Positive and efficient approach to market challenges
Highly computer literate, with advanced spreadsheet skills.
Robust work ethic with high level of self-motivation and ability to work well within the team workplace

📌 Junior Fixed Income Trader Toronto
🏢 Bay Street Staffing
📍 Toronto