Emerging Markets Credit Trader

Employer
Wellington Management Company, LLP
Location
London, United Kingdom
Salary
Competitive
Posted
May 01, 2021
Closes
May 05, 2021
Ref
10760618
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
WELLINGTON MANAGEMENT

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

POSITION

The Company

Tracing our roots to 1928, Wellington Management Company, LLP is one of the world's largest independent investment management firms. With US$1 trillion in assets under management, we serve as a trusted adviser to institutional clients and financial intermediaries in over 50 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.

The Position

We are seeking to hire an Emerging Markets Debt Trader to execute orders from Portfolio Managers and Analysts across our EMEA book of business, to include cash and derivatives across local and external markets. This is an execution role, but there is significant opportunity and expectation to add value to client portfolios through collaboration with Portfolio Managers and Analysts.

This position is based in London, and will situated on the Trading Desk at our offices, which are located at Cardinal Place, 80 Victoria Street. This Trader will work collaboratively with Emerging Markets Fixed Income Trading colleagues in London, Boston, and Hong Kong.

Wellington Management's trading philosophy and practices are based on the principles of seeking best execution, contributing to portfolio alpha, and managing regulatory, operational, liquidity and investment risks. We seek to execute orders in a manner consistent with these principles and in accordance with our written policies, which emphasize the fair dissemination, aggregation and allocation of investment opportunities across our investment platform, and ultimately our clients.

Wellington Management's Trading Department employs over 60 Traders globally, including 40 Fixed Income Traders, and operates in specialized teams according to sectors and products. Our investment and trading activities are conducted on an industry-leading internally developed technology platform, which we believe creates a meaningful competitive advantage. We are also supported by an in-house team of managers and quantitative and business analysts, who oversee the "business" of the department and provide in-depth, action-oriented insights into our trading capabilities and activities.

Responsibilities
  • Executing emerging market debt transactions, using a mixture of high-touch and low-touch execution methods, for all relevant accounts under management;
  • Executing orders in a manner consistent with our best execution and risk management practices, as well as our policies and procedures;
  • Developing and enhancing over time an in-depth understanding of the investment philosophies and strategies of our Portfolio Managers, Strategists and Analysts;
  • Gathering, analyzing, and disseminating market, sector and security information that identifies or creates actionable investment opportunities;
  • Soliciting potential trade interest from Portfolio Managers and locating external supply/identifying internal demand for liquidity opportunities in the market;
  • Remaining informed of new product developments;
  • Fostering new trading relationships and leveraging existing relationships;
  • Monitoring and improving efforts to enhance efficiency while mitigating risk.
Qualifications

The successful candidate is likely to have the following qualifications:
  • A minimum of 3 years of relevant trading experience, ideally across a wide array of instruments;
  • Ability to work quickly and accurately in a fast-paced, dynamic environment;
  • Strong quantitative skills, ideally including programming skills;
  • Strong organizational and communication skills;
  • Strong work ethic and attention to detail; a precision and risk management mindset that results in accurate and compliant work and manifests itself in double-checking work, stopping to question anything unusual, and frequent reconciliation of work throughout the day;
  • Strong analytical skills and an ability to apply those skills in a highly practical fashion;
  • An attitude and practice of proactive idea generation and continuous review and improvement of our processes;
  • Impeccable integrity, fiduciary mindset, and ability to consistently place the interests of our clients as the number one priority;
  • A pro-technology mindset and the ability to leverage technology to improve effectiveness and efficiency;
  • Strong interpersonal skills and experience in a collaborative, team-based, results-oriented environment;
  • Strong academic credentials. An undergraduate degree is required. An advanced degree or professional qualification (e.g. Masters, CFA) or progress towards one would be advantageous.
Please note that we are only able to respond to successful applicants.

SKILLS

JOB TITLE
Emerging Markets Credit Trader

LOCATION
London

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMCANINQ@wellington.com .

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