Senior Fixed Income Trader

Overview: The Senior Fixed Income Trader will support the management and trading of taxable investment grade portfolios with an emphasis on enhanced cash, and money market portfolios. The individual will assist senior portfolio managers in executing investment strategies across a broad range of high-quality fixed income instruments, with a primary focus on liquidity management, capital preservation, and income generation. This role offers significant exposure to institutional portfolio management, security analysis, trading, market surveillance, risk management, and client-driven investment solutions.

The successful candidate will develop expertise in money markets, short-duration credit, government securities, agency securities, corporate bonds, commercial paper, asset-backed securities, floating‑rate instruments, and other liquidity-focused investments.

• Execute trades across a broad range of fixed income instruments, including U.S. Treasury securities, Treasury bills, agency discount notes, agency debentures, commercial paper, corporate bonds, asset-backed securities, floating‑rate notes, repos, and other cash-equivalent investments.
• Support portfolio managers in implementing enhanced cash and short-duration investment strategies.
• Conduct relative value analysis across sectors, issuers, and maturities to identify investment opportunities.
• Evaluate market conditions and recommend strategies to enhance portfolio yield while maintaining risk parameters.
• Assist in monitoring portfolio positioning, liquidity, and performance.
• Monitor and analyze interest rate markets, Federal Reserve policy, yield curve dynamics, money market conditions, credit spreads, funding markets, and other economic factors to assess market trends and support investment decisions.
• Support fixed‑income trading activities by assisting with trade execution and settlement oversight, coordinating with broker‑dealers, and managing syndication desk communications for new issue corporate bonds.
• Identify risk‑related issues needing escalation to management, ensuring adherence to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
• Promote an environment that supports belonging and reflects the M&T Bank brand.

• Required:
  
  Bachelor's degree in Finance, Economics, Accounting, Mathematics, Business or related field and a minimum of 2 years of fixed income trading experience, or in lieu of a degree, a combined minimum of 6 years of higher education and/or work experience, including a minimum of 2 years of fixed income trading experience.
• Preferred: 2 years of experience in Fixed Income, Treasury Management, Capital Markets, Banking, Asset Management and/or Investment Operations; progression toward CFA designation; experience with Bloomberg Terminal and fixed income analytics platforms.

The pay range for this position is $68,400.00 - $ Annual (USD).

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.