Assistant Leveraged Finance Trader

The Muse; Boston (MA); Hybrid; USD 70,000 - 90,000; Full time

Job summary

A leading company in the finance sector is seeking an Assistant Leveraged Finance Trader to support its trading desk in Boston. The role involves executing transactions in syndicated loans and high-yield bonds, collaborating with senior traders, and improving operational efficiency. Ideal candidates will have a finance-related degree and relevant experience in trading support, with a strong understanding of the leveraged finance market.

Qualifications

• 2-5 years of experience in trading support or operations.
• Understanding of leveraged finance markets.
• Knowledge of trade lifecycle processes.

Responsibilities

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

Skills

Attention to detail

Time management

Communication

Education

Bachelor's degree in Finance, Economics, or related field

CFA or similar certifications

Tools

Bloomberg

TradeWeb

ClearPar

Job description

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The Group

Headquartered 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 underpins the group's investment process. The team allocates capital from various Fidelity funds and separately managed accounts (SMAs) for institutional and retail clients.

Job Description

The High Income & Alternatives group is seeking a highly motivated and detail-oriented Assistant Leveraged Finance Trader to support our trading desk. The ideal candidate will have a strong operational background and hands-on experience in executing transactions across syndicated loans, high-yield bonds, and credit derivatives. This role provides a unique opportunity to work directly with senior traders, contributing to trade execution, position management, and operational efficiency.

The Value You Deliver

• Support the leveraged finance trading desk in executing and booking trades across syndicated loans, high-yield bonds, and credit derivatives (e.g., CDS, CDX).
• Coordinate with operations, legal, compliance, and middle office teams for trade settlement.
• Monitor market movements, manage risk exposures, and update portfolios.
• Maintain and improve trading desk tools using Excel, Bloomberg, and internal systems.
• Support various investor strategies and constituents within the organization.
• Collaborate with sales and research teams to support idea generation and trade execution.
• Identify and implement process improvements to enhance desk operations.

Skills & Experience

• Bachelor's degree in Finance, Economics, or related field; CFA or similar certifications are a plus.
• 2-5 years of experience in trading support, operations, or related roles within fixed income or credit markets.
• Understanding of leveraged finance markets, including syndicated loans, high-yield bonds, and credit derivatives.
• Knowledge of trade lifecycle processes, settlement mechanics, and regulatory reporting.
• Familiarity with trading platforms like Bloomberg, TradeWeb, and ClearPar.
• Excellent attention to detail, time management, and communication skills.

Additional Information

Fidelity's hybrid working model combines onsite and remote work, with most roles requiring onsite presence every other week in a Fidelity office.

Seniority level

• Entry level

Employment type

• Full-time

Job function

• Finance and Sales

Industries

• Technology, Information and Internet