Senior Fixed Income Trade Specialist

Employer
Ameriprise Financial, Inc.
Location
Minneapolis, USA
Salary
Competitive
Posted
Aug 13, 2022
Closes
Aug 28, 2022
Ref
16373368
Job Function
Operations
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Senior Fixed Income Trade Specialist role will manage, prioritize and perform complex fixed-income trading operations. This position will include operational support to the wealth management products group in the setup and trading of new issue structured products. The senior specialist will also execute fixed-income agency orders.

Responsibilities

  • Manage, prioritize and perform complex trading operations in support of the fixed income trading desk including: generating reports, billing trades, processing trade requests received from business partners, monitoring and triaging rejected trades, and testing or analyzing technology problems and updates. Accuracy, efficiency, and timeliness are critical to managing the desk's workflow.
  • Monitor daily reporting submissions to external regulatory agencies (MSRB and TRACE).
  • Provide new issue operational support (offering setup and trading) to Products team for structured products, working cross organizationally and with outside business partners.
  • Execute fixed-income orders timely, accurately and within all industry and firm rules and regulations. Analyze current market volatility, market structures, and other relevant characteristics and variables to optimize the client execution price.


Required Qualifications

  • Bachelor's degree or equivalent experience
  • 3+ years of relevant experience
  • Active Series 7 or the ability to obtain within 120 days

• Strong attention to detail, including demonstrated ability to meet accuracy standards in a high-volume situation
• Ability to manage multiple priorities in a fast-paced, results-driven environment
• Ability to effectively prioritize time-sensitive workflow
• Ability to work efficiently with multiple business partners
• Strong communication skills, comfortable working with various levels of the organization
• Basic understanding and proficiency in Microsoft office software including Onenote
• Experience with various systems, including BETA, Tradeweb, SIMON, and ThomsonONE
• Sound understanding of the financial markets. Ability to perform in a highly stressful, time sensitive, and regulated environment
• Strong understanding of the differing market structures and variables which impact pricing for each

Preferred Qualifications

  • Interest in obtaining Series 57 license
  • Experience with regulatory websites preferred
  • Awareness/understanding of process procedure review and development
  • Basic understanding of structured products
  • Basic understanding of fixed income securities


About Our Company

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

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.

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