Assistant Leveraged Finance Trader

Appcast; Boston (MA); Hybrid; USD 70,000 - 100,000; Full time

Job summary

A leading investment group in Boston is seeking an Assistant Leveraged Finance Trader with 2-5 years of experience. This role offers a dynamic work environment where you'll directly support trading operations and contribute to enhancing the desk's performance through detailed market analysis and trade execution strategies. You'll gain exposure to high-yield bonds and credit derivatives while collaborating closely with senior traders, providing a unique opportunity for professional growth.

Qualifications

• 2-5 years of relevant experience in trading or operations within fixed income.
• Strong grasp of trade lifecycle and regulatory reporting.
• Familiarity with trading platforms and tools.

Responsibilities

• Support the trading desk in executing and booking trades.
• Coordinate with operations and legal teams for trade settling.
• Monitor market movements and manage risk exposures.

Skills

Attention to detail

Time management

Communication

Understanding of leveraged finance markets

Education

Bachelor's degree in Finance

CFA certification

Tools

Bloomberg

TradeWeb

ClearPar

Job description

Job Description : The GroupHeadquartered in Boston, the High Income & Alternatives group manages over $100 billion in assets under management (AUM). The group's investments span "across the capital structure," including high-yield bonds, leveraged loans, convertible bonds, alternative credit, structured credit, and equities. Fundamental research is the foundation of the group's investment process. The team allocates capital from various Fidelity funds and separately managed accounts (SMAs) for institutional and retail clients.The RoleWe are seeking a highly motivated and detail-oriented Assistant Leveraged Finance Trader to support our trading desk. The ideal candidate will possess a strong operational background combined with hands-on familiarity in executing transactions across broadly syndicated loans, high yield bonds, and credit derivatives. This role offers a unique opportunity to work directly with senior traders in a fast-paced environment, contributing to trade execution, position management, and operational efficiency.The Value You DeliverSupport the leveraged finance trading desk in executing and booking trades across syndicated loans, high yield bonds, and credit derivatives (e.g., CDS, CDX)Coordinate closely with operations, legal, compliance, and middle office teams to ensure timely and accurate trade settlementMonitor market movements and assist in managing risk exposures and portfolio updatesMaintain and enhance trading desk tools using Excel, Bloomberg, and internal systemsAssist in covering various investor constituents / strategies across the organizationLiaise with sales and research teams to support idea generation and trade executionIdentify process inefficiencies and help implement improvements to enhance desk operations and performanceThe Skills & Experience You BringBachelor's degree in Finance, Economics, or a related field; relevant certifications (e.g., CFA) are a plus2-5 years of relevant experience in a trading assistant, operations, or support role within fixed income or credit marketsSolid understanding of the leveraged finance markets, including broadly syndicated loans, high yield bonds, and credit derivativesStrong grasp of trade lifecycle processes, including settlement mechanics, documentation, and regulatory reportingFamiliarity with trading platforms such as Bloomberg, TradeWeb, and ClearParExceptional attention to detail, time management, and communication skillsCertifications : Category : Investment ProfessionalsFidelity's hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

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Assistant Finance • Boston, MA, United States