Fixed Income Securities Trader

7 days ago


Cincinnati, Ohio, United States Fifth Third Bank, N.A. Full time
Job Summary

Fifth Third Bank, N.A. is seeking a highly skilled Fixed Income Trading Associate to join our team. As a key member of our Fixed Income Trading department, you will be responsible for providing primary and secondary market liquidity to assigned market sectors, assisting in achieving departmental fee income goals, and managing risk by openly exchanging ideas and opinions.

Key Responsibilities
  • Trade fixed income securities in support of Institutional and Retail Sales representatives
  • Provide revenue-generating ideas to sales representatives
  • Accurately process trades on clearing systems in a manner consistent with both FTS compliance and industry standards
  • Effectively communicate with sales, middle office, operations, risk management, compliance, internal business partners, and external clients
  • Balance, reconcile, and manage inventory positions maintained within department policy limits
  • File appropriate regulatory reports on a timely basis
  • Provide product training to Institutional and Retail sales executives through formal training sessions and informal daily communication
  • Gain awareness around relevant news/market events/regulatory changes that may impact pricing, hedging, risk strategies, etc.
Requirements
  • NASD Series 7, 63 registration required
  • Bachelor's degree required - Degree in finance, economics, mathematics, statistics, or related fields preferred
  • 3+ years banking or securities industry experience preferred
  • Broad knowledge of fixed income industry, macroeconomics, and products required
  • Broad knowledge of accounting concepts required
  • Broad knowledge of trading environment preferred
  • Expertise with Bloomberg LLP preferred
  • Expertise in Microsoft Excel preferred
  • Attention to detail and high operational accuracy needed
  • Excellent interpersonal, written, verbal, and communication skills
  • Able to prioritize and multi-task in a fast-paced environment


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