Structured Product Bond Trader

Ameriprise

Minneapolis, MN

JOB DETAILS
SKILLS
Analysis Skills, Annuities, Communication Skills, Computer Skills, Customer Relations, Database Administration, Database Programming, Detail Oriented, Finance, Financial Reporting, Fixed Income Investments, Insurance, Investment Management, Investment Strategy, Maintain Compliance, Market Trend Analysis, Marketing Strategy, Mathematics, Microsoft Excel, Mortgage, Multitasking, Physics, Presentation/Verbal Skills, Problem Solving Skills, Securities, Team Player, Time Management, Trading/Stockbroking
LOCATION
Minneapolis, MN
POSTED
3 days ago

Were intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.

Responsible, under direct supervision, for executing trades of structured product fixed income securities as authorized by Portfolio Managers with the primary focus being Agency Mortgages and CLOs.

Responsibilities

• Collaborate and build relationships with Portfolio Managers, Research Analysts and Traders to build credibility and trust as a partner in the overall investment process.

• Provide market-related insight that helps Portfolio Managers identify relative value opportunities.

• Participate in Portfolio Management and Research team round tables as the representative of the trading function to provide market trends and environment from a trading perspective.

• Contribute to the global trading team with market insight, trends and technicals.

• Develop and maintain data base to track secondary trading levels, dealer bid/offering levels, and cover bids.

• Point of contact with street counterparties – aggregating axes, collecting and disseminating market color, and executing trades.

• Assist with ad hoc reporting as requested by PM/traders.

• Will be expected to learn various client guidelines and restrictions and utilize pre-trade compliance checks.

• Interact with senior traders, research partners and other internal constituents on a regular basis.

• Participate in morning calls, daily/weekly market updates and strategy meetings. Interact as a seamless interface between the team and various internal firm constituencies.

Required Qualifications

• 2-7 years’ experience with structured product securities, preferably in agency mortgages or CLOs for a buy-side firm.

• Strong problem-solving skills, analytical framework and computer skills with demonstrated proficiency in Microsoft Excel, macro implementation and Bloomberg.

• Rigorous attention to details and good time-management/multi-tasking skills required.

• Comfortable interacting with and taking directions from senior investment professionals.

• Inquisitive mind interested in all aspects of the fixed income markets.

• Self-motivated team player with strong verbal communication skills.

Preferred Qualifications

• Proficiency with Blackrock Solutions Aladdin OMS.

• Undergraduate degree in Finance, Math, Physics or related field

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

About the Company

A

Ameriprise

About Ameriprise Financial

Ameriprise Financial combines a team-based atmosphere with an entrepreneurial spirit. We are an organization that emphasizes learning and growth, rewards you for your achievements and fosters a healthy work/life balance.

From our Minneapolis headquarters throughout our offices nationwide, you'll find we live our values every day — client focused, integrity always, excellence in all we do and respect for individuals and communities. We embrace diversity in our ideas, management, employee groups and clients.

Our Investment in You

We provide employees and branch advisors with competitive compensation and rewards. Our comprehensive benefits support your health and help you balance your career and personal life. Ameriprise invests in you through compensation, retirement savings, health benefits, wellness programs, work/life balance programs, veteran benefits, etc.

Your Career at Ameriprise

When you join our corporate team, you receive competitive compensation and incentives, opportunities to share in the company's success plus comprehensive benefits. Our employees also enjoy business resource networks, transportation assistance, community service opportunities, and an on-site cafeteria.

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Learn More About Joining Ameriprise

Thrive in a Respectful, Supportive Environment

We have a diverse, values-based culture that embraces individual differences and encourages you to perform at your peak. We recognize your achievements and understand that work is one of the many important aspects in your life. While maintaining respect for that life balance, we help you advance your career and reach your goals.

Learn More About Diversity and Inclusion at Ameriprise

Build a Career that Matters to You

At Ameriprise Financial, we believe that learning is a lifelong endeavor. No matter where you are in your career path, we encourage all employees to take advantage of our professional development programs, offered in a variety of ways. Learn on your own, collaborate with a peer or work with an experienced colleague. Whatever your learning style, Ameriprise gives you the opportunity to reach your potential.

Being an Ameriprise Advisor

Join a strong, ethical company that offers you what you need to build a rewarding career as a financial advisor: Culture & Commitment, Dedication & Support, and Opportunity & Rewards. Ameriprise is committed to helping you achieve the vision you have for your practice. With training in financial planning and the backing of a strong, stable FORTUNE 500® company, you’ll discover unparalleled culture, support, and opportunities to build a successful practice. That’s the Ameriprise Difference.

Learn More About Ameriprise Advisor Support

Opportunities for Students

Join an inclusive team to gain career-building skills and network in a supportive, high-energy, team-based atmosphere. Learn through real-world work and collaboration with leaders on projects that produce results through our Internship Program or gain valuable professional experience and build leadership skills through our full-time Leadership Development Program. You’ll also engage in team-building/social events, volunteer activities, executive leadership seminars, and networking opportunities.

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COMPANY SIZE
10,000 employees or more
INDUSTRY
Financial Services
FOUNDED
1894
WEBSITE
https://www.ameriprise.com/careers