Asset-Backed Securities Analyst/Trader

American Century Investments; New York (NY); Hybrid; USD 150,000 - 175,000; Full time

Benefits offered by this job

Bonus plan

Generous PTO

401(k) with company match

Tuition reimbursement

Mentorship program

Live and online learning

Job summary

American Century Investments in New York City seeks an Asset-Backed Securities Trader/Analyst to identify opportunities in ABS markets, execute trades with best execution, and surveil portfolios for risk and performance. The role reports to the VP of Global Fixed Income and operates in a hybrid NYC office environment.

The candidate will synthesize market data, present ideas to teams and clients, and collaborate with sell‑side counterparties to drive investment outcomes.

Qualifications

• Experience in structured products, securitized credit, or fixed income trading/analysis (ABS preferred).
• Strong analytical skills including price/yield analysis, collateral performance review, and deal documentation.
• Ability to identify relative value opportunities and translate insights into actionable trade ideas.

Responsibilities

• Identify and source investment opportunities across ABS new issue and secondary markets.
• Execute trades and ensure best execution while managing risk and tracking performance.
• Generate and present trade ideas aligned with portfolio strategy and market outlook.
• Conduct quantitative and qualitative analysis on issuers, collateral, and deal structures.
• Monitor existing holdings through ongoing surveillance and market analysis.
• Build and maintain strong relationships with sell‑side partners (traders, syndicate, bankers).
• Collect and synthesize market intelligence to inform portfolio managers and broader teams.
• Represent the firm at industry conferences, client meetings, and due diligence engagements.

Skills

Structured products

Securitized credit

Fixed income trading/analysis

ABS

Analytical skills

Communication

Relationship management

Multitasking

Job description

Role Summary

The Asset-Backed Securities Trader/Analyst is responsible for identifying and sourcing attractive investment opportunities for client portfolios, executing trades with best execution, and conducting ongoing portfolio and market surveillance. This role covers both new issue and secondary ABS markets and requires deep fundamental and relative value analysis to generate trade ideas, manage risk, and drive performance. The position reports to the VP, Senior Portfolio Manager, Global Fixed Income and will be based out of the New York City, NY office. This hybrid position is not eligible for visa sponsorship; applicants must be authorized to work in the U.S. without visa sponsorship, now or in the future.

How You Will Make an Impact

• Identify and source investment opportunities across ABS new issue and secondary markets.
• Execute trades and ensure best execution while managing risk and tracking performance.
• Generate and present trade ideas aligned with portfolio strategy and market outlook.
• Conduct quantitative and qualitative analysis on issuers, collateral, and deal structures.
• Monitor existing holdings through ongoing surveillance and market analysis.
• Build and maintain strong relationships with sell‑side partners (traders, syndicate, bankers).
• Collect and synthesize market intelligence to inform portfolio managers and broader teams.
• Represent the firm at industry conferences, client meetings, and due diligence engagements.

Mandatory Qualifications (Required)

• Experience in structured products, securitized credit, or fixed income trading/analysis (ABS preferred).
• Strong analytical skills including price/yield analysis, collateral performance, and deal documentation review.
• Ability to identify relative value opportunities and translate insights into actionable trade ideas.
• Knowledge of ABS markets, including both primary issuance and secondary trading dynamics.
• Strong communication skills with the ability to present insights to internal teams, clients, and consultants.
• Relationship management skills with demonstrated ability to engage external market participants.
• Ability to manage multiple priorities in a fast‑paced, market‑driven environment.
• Demonstrates the American Century Investments Winning Behaviors: Client Focused, Courageous and Accountable, Collaborative, Curious and Adaptable, Competitively Driven.

Preferred Qualifications (Additional Assets)

• Experience conducting on‑site issuer due diligence.
• Established relationships within the ABS sell‑side and dealer community.
• Advanced knowledge of securitized products and relative value positioning across sectors.

What We Offer

Competitive compensation package with bonus plan, generous PTO and competitive benefits, 401(k) with 5% company match plus annual performance‑based discretionary contribution, tuition reimbursement, formal mentorship program, live and online learning. For NewYork and California based candidates, the salary range for this role is $150,000.00 – $175,000.00. Actual offers are based on various factors including but not limited to a candidate’s location, skills, experience, and relevant education and/or training. This position is eligible for cash incentive, providing the potential to earn more. Employees are required to be in the office on a scheduled frequency. Adherence to this schedule is essential to fulfilling the expectations of the role.

Equal Employment Opportunity

American Century Investments is committed to complying with the Americans with Disabilities Act and all other applicable Equal Employment Opportunity laws and regulations. We encourage people of all backgrounds to join us on our mission. If you require reasonable accommodation for any aspect of the recruitment process, please send a request to HR‑[e-mail]. All requests for accommodation will be addressed as confidentially as practicable. American Century Investments believes all individuals are entitled to equal employment opportunity and advancement opportunities without regard to race, religious creed, color, sex, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, gender, gender identity, gender expression, age for individuals forty years of age and older, military and veteran status, sexual orientation, and any other basis protected by applicable federal, state and local laws. ACI does not discriminate or adopt any policy that discriminates against an individual or any group of individuals on any of these bases.