Corporate Bond Trader

Job Description:

The Division

Located primarily in Merrimack, New Hampshire, Fidelity’s Fixed Income Division is one of the country’s leading fixed income managers with well over $1.5 trillion in fixed income assets managed by a staff of roughly 200 investment professionals. At Fidelity, we combine fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions. Our goal is to use our financial expertise to help people live the lives they want.

The Role

The corporate bond trader will be an integral member of the fixed income taxable bond investment team. The taxable bond team consists of portfolio managers (PMs), research analysts and traders that work together to make informed investment decisions that benefit our shareholders. This role will directly support our corporate bond market strategies across different investment teams. Candidates for the position will possess exceptional corporate trading acumen, market knowledge, thought leadership, and communication skills.

The Value You Deliver

• Partner with PMs, research analysts and fellow traders to generate investment ideas that have positive impact on our investment performance.
• Source investment opportunities and access liquidity in the marketplace. Negotiate and execute trades on behalf of our portfolios.
• Maintain strong dealer relationships (sales, trading, and syndicate).
• Work with desk-dedicated quant research staff and contribute to the development of relevant quantitative analytics and desk-specific solutions.
• Partner with technology, compliance, legal, operations, and other internal groups to provide best-in-class service and execution capabilities to the portfolios.
• Represent the trading desk in periodic team meetings, client engagements and other ad hoc forums.

The Skills & Experience You Bring

• 3-7 years sell-side or buy-side experience trading corporate bonds and credit derivatives.
• Bachelor’s degree required, preferably in Engineering, Computer Science, Mathematics, Finance, or other relevant quantitative subject area.
• Strong analytical ability along with excellent communication skills.
• Aptitude for using new technologies to enhance our workflow, trading systems, and advance a quantitative approach where applicable. Some working knowledge of python is preferable.
• Must be team oriented. Committed to transparent collaboration with PMs, fundamental and quantitative analysts as well as fellow traders.
• Familiar with front-to-back-office operations, and highly proficient with trading technology.
• Ability to multi-task in a fast-paced environment with a consistent focus on accuracy.
• Ability to think creatively and independently while working in a collaborative environment.

Values

We consider the following values to be fundamental to the way in which our company operates:

• Accountability
• Enthusiasm
• Integrity
• Teamwork
• Respect

Certifications:

Category:

Investment Professionals

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.