Trader Associate Portfolio Manager FI

TRADER ASSOCIATE PORTFOLIO MANAGER FIWHAT IS THE OPPORTUNITY?

Primarily responsible for executing buy and sell orders for corporate and/or municipal bonds in both secondary and primary markets for duration targeted fixed income strategies. Trades are made within the context of a model strategy that targets a specific duration with limited or no special account restrictions. Sales are made primarily to raise cash for distribution or reallocation, or due to a deteriorating credit situation for a specific holding.

May participate in active strategy portfolio management at the discretion of PM's or Sr. PMs on the fixed income team. Manage and report volume, flow and other relevant trading and market statistics. Liaison with PM teams to ensure open communication and education on various aspects of portfolio construction, sales and market conditions.

WHAT WILL YOU DO?

Determine and implement appropriate trades that are consistent with client and strategy objectives for both new and existing accounts

Communicate with various broker/dealers via phone, Bloomberg and other electronic trading platforms to buy and sell fixed income securities appropriate for the assigned strategies in an efficient and market savvy manner

Develop and maintain dealer relationships to optimize deal access and secondary market execution

Review orders to ensure accuracy, proper record keeping, and conformance to regulations

Evaluate market volatility and ensures clients receive the best rate available

Perform any necessary follow up activities to ensure proper final processing of trades

Monitor technical trading trends and report to broader fixed income team Interface with research and investment teams to ensure City National Rochdale’s strategy is accurately reflected in portfolios

Communicate strategic and market shifts to internal colleagues

Review the assets the passive strategies on a regular basis to ensure that investments continue to meet the intent and strategies of the client

Manage cash flow, coupon and maturity reinvestment and liquidity requirements

Communicate to internal colleagues, especially PM teams, about current market conditions and trading strategies.

Maintain all appropriate compliance, training and continuing education requirements for both internal programs and external licenses and certifications

Actively participate in team and firm efforts to find process efficiencies via enhanced technology and “digital mastery”Perform other department-related duties as required WHAT DO YOU NEED TO SUCCEED?

Required Qualifications
* Bachelor's Degree or equivalent

Minimum 3 years’ experience in the fixed income markets

Additional Qualifications Strong technology background and agility

Demonstrated self-motivation and emotional intelligence

High level of curiosity, sense of ownership, accountability and ethical standards

Knowledge of Bloomberg and other financial market platforms (e.g. Market Axess)
Excellent analytical skills, understanding of the economy and market conditions

Securities trading, dealer relationships and trading platforms

Strong communication skills and ability to work in a team environment

Ability to effectively articulate the CNR investment philosophy to internal constituents

Ability to plan, organize and prioritize

Interest in pursuing MBA and/or CFAStrong technology skills WHAT'S IN IT FOR YOU?

Compensation Starting base salary: $92,114 - $156,880 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available…