Trader - Global Developed Credit
- Employer
- DoubleLine Group
- Location
- Los Angeles, California
- Salary
- The estimated base salary range for this position is $100,000 – $150,000.
- Posted
- May 04, 2023
- Closes
- Jun 03, 2023
- Job Function
- Corporate Finance, Trading
- Industry Sector
- Asset Management
- Employment Type
- Full Time
- Education
- Bachelors
The Trader will be responsible for the trading of investment grade corporate bonds on behalf of a diverse base of client investment vehicles including mutual funds, UCITs, ETFs, and separately managed institutional accounts. Undertake ad-hoc projects as necessary.
Job Functions
- Trade investment grade corporate bonds
- Ensure best execution and fair allocation on each trade
- Ensure compliance with all portfolio guidelines
- Allocate and ticket all trades
- Maintain records for each trade
- Work with settlement team on unresolved trade issues
- Track and manage daily cash positions across all investment grade corporate accounts
- Track and manage investment grade primary calendar
- Maintain and distribute new issue details and updates
- Manage new issue orders and allocations
- Provide updates to credit team on market news and trends
- Monitor key positions for price movements and trading activity
- Maintain and enrich relationships with sell side counter parties
- Undertake ad-hoc projects as necessary Qualifications
Qualifications
- Bachelor’s Degree
- At least 3 years of investment grade trading experience
- Credit training is a plus
- Outstanding initiative and a strong work ethic
- Excellent interpersonal and communication skills
Base Salary Range
The estimated base salary range for this position is $100,000 – $150,000. In addition to base salary, this position is eligible for an annual discretionary bonus, plus a comprehensive benefits package.