Fixed Income Trader

LegalAndGeneral; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A large asset management company based in Greater London is seeking a Fixed Income Trader to join their Global Trading and Liquidity Management Team. This full-time office-based role focuses on executing Corporate Bond and CDS trades. Candidates should demonstrate experience in trading, strong analytical and quantitative skills, and familiarity with trading applications. The role offers various benefits including performance bonus plans, generous pension contributions, and opportunities for flexible working arrangements.

Benefits

Annual performance-related bonus plan

Generous pension contribution

Healthcare Plan

Flexible working options

Discounts at high-street stores and online

Qualifications

• Demonstrable experience in the execution of Corporate Bonds & CDS.
• Strong understanding of financial instruments and markets.
• Relevant Fixed Income trading experience.

Responsibilities

• Trading a wide range of fixed income products.
• Conducting market-related research.
• Analysing market data to develop trading strategies.
• Monitoring trades for best execution.

Skills

Execution of Corporate Bonds & CDS

Analytical skills

Quantitative skills

Education

Strong academic background

Professional certifications such as CFA / IMC

Tools

OMS

Trading platforms

Python or other programming languages

Job description

We’re currently looking to hire a Fixed Income Trader to join L&G Asset Management Global Trading and Liquidity Management Team.

You’ll specialise in the execution of Corporate Bond & CDS trades as well as general rates products for hedging purposes. This is a full‑time office‑based role and will require a flexible‑working pattern as dictated by business volumes.

What you’ll be doing

• Trading a wide range of fixed income products specifically Corporate Bonds & CDS but also general rates products in compliance with client legal and regulatory requirements
• Undertaking market‑related research including up‑to‑date knowledge of all relevant technical regulatory and compliance issues
• Analysing market data in order to develop a trading strategy and optimise counterparty selection
• Monitoring trades to ensure best execution at all times and timely settlement of all trades
• Research implementation and analysis of Transaction Cost Analysis
• Facilitate primary markets activity orders and allocations
• Assist with ongoing IT projects & developments system upgrades and system implementation
• Work with our Trading Research team to analyse process and interpret large trading data sets to improve client outcomes and drive strategy

Qualifications

• Demonstrable experience in the execution of Corporate Bonds & CDS and good understanding of financial instruments and markets including knowledge of market structure and the mechanics of the trading process through to settlement
• Relevant Fixed Income trading related experience at a buy‑side or sell‑side institution
• Strong analytical and quantitative skills; proficiency in Python or other programming languages are desirable but not required
• Experience in usage of key trading applications such as OMS and trading platforms
• Strong academic background; qualifications or progress towards professional certifications such as CFA / IMC are desirable but not required

Benefits

• The opportunity to participate in our annual performance‑related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday plus public holidays – 26 days after 2 years service. There’s also the option to buy and sell holiday
• Competitive family leave
• Participate in our electric car scheme which offers employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice (permanent employees only)
• Many discounts we offer both for our own products and at a range of high‑street stores and online
• In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart

Additional Information

At L&G we believe it’s possible to generate positive returns today while helping to build a better future for all.

If you join us you’ll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part‑time, term‑time and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can.

It doesn’t matter if you don’t meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.

Remote Work: No

Employment Type: Full‑time