Fixed Income Finance Trader

1 week ago


Morristown NJ USA, United States Stifel Full time
Job Title: Fixed Income Finance Trader

The Fixed Income Finance Trader plays a critical role in managing the firm's daily funding and borrowing of inventory positions, including US Treasuries, Agency & Non-Agency MBS, CMOs, SBAs, Investment Grade and High-Yield Corporates, as well as Emerging Market securities. This position requires a strong understanding of market events and trends, as well as a keen eye for regulatory and compliance guidelines.

Key Responsibilities:
  • Coordinate daily funding and borrowing of long and short inventory positions
  • Monitor Repo counterparty credit limits and mark-to-market exposure daily
  • Collaborate with Operations to settle all borrowed and financed securities
  • Communicate market color to relevant trading departments
  • Maintain existing and develop new repo financing relationships
  • Ensure the firm's repo funding profile is prudent and reasonable
  • Assist with documentation and credit process for new accounts
Requirements:
  • Experience in Repo and/or short-term interest rate trading
  • Strong leadership and presentation skills
  • Proficient in Microsoft Office Suite and Bloomberg
  • Ability to work collegially within a team environment
  • Successful completion of SIE, 7 and 63 licenses required
Education and Experience:
  • Bachelor's degree in finance, economics, business, computer science, mathematics, or engineering-related field preferred
  • 3-5 years related experience required


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