Fixed Income Trader/Portfolio Manager

Deutsche Bank AG; New York (NY); Hybrid; USD 150,000 - 180,000; Full time

Benefits offered by this job

Hybrid work model

Generous vacation

Employee Resource Groups

Educational resources and volunteer

Health and retirement benefits

Job summary

Deutsche Bank AG in New York is seeking a Fixed Income Trader/Portfolio Manager (Vice President). You will work with portfolio managers and bankers to construct and oversee intermediate duration separately managed fixed income accounts, tailoring strategies to client mandates and risk preferences.

The role requires strong knowledge of corporate bonds, Treasuries, and agency securities, with fluency in portfolio management systems.

Qualifications

• Experience constructing and overseeing fixed income portfolios for clients.
• Strong understanding of corporate bonds, Treasuries and agency securities.
• Proven ability to collaborate with portfolio managers and clients.

Responsibilities

• Collaborate with portfolio managers and bankers to construct and oversee intermediate duration separately managed fixed income accounts.
• Collaborate with portfolio managers and analysts to understand client needs and mandates.
• Execute bond trading for client portfolios, focusing on corporates, Treasuries and agencies.
• Build and maintain relationships with investment managers, relationship managers, and clients.

Skills

Market knowledge

Credit markets

SMA management

Trading systems

Communication

Presentations

Attention to detail

Team player

Bloomberg

InvestorTools

Product knowledge

Self-motivated

Tools

Bloomberg

InvestorTools

Job description

Job Description:

Job Title Fixed Income Trader/Portfolio Manager

Corporate Title Vice President

Location New York, NY

Overview

Wealth Management business supports clients of Deutsche Bank in the areas of wealth advisory, discretionary, trust planning, custody, and brokerage as well as the deposit business with combined $75bn AUM. Fixed Income Portfolio Management is part of Wealth Management’s Discretionary Portfolio Management team and provides investment management services for clients of the bank. You will be an integral part of the team working to deliver Portfolio Management expertise to these clients.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration
• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
• Educational resources, matching gift, and volunteer programs

What You’ll Do

• Work closely with portfolio managers, investment managers, and bankers in the construction and oversight of intermediate duration separately managed fixed income accounts
• Collaborate with portfolio managers and analysts to understand client needs and account mandates
• Buy and sell bonds for client portfolios with specific attention to corporate bonds, Treasury and Agency securities
• Develop and maintain strong relationships with Investment Managers, Relationship Managers, and clients, among others

Skills You’ll Need

• Understanding of the financial markets, economic indicators, interest rate trends to inform trading decisions
• A solid understanding of the credit markets, spreads,
• Ability to construct and manage separately management account portfolios
• Become fluent in all trading and portfolio management systems utilized by the fixed income team
• An understanding of the dynamics impacting fixed income markets and ability to effectively communicate and present this knowledge to prospects, clients, and internal partners
• Solid communication skills with the ability to present market overviews / updates in client and department meetings

Skills That Will Help You Excel

• Detail oriented in documentation, pricing and execution
• Strong team player
• Experience with Bloomberg, InvestorTools (Perform)
• Understand the complete product set offered by the Discretionary Portfolio Management department and the Private Bank
• Self-motivated to learn

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York, NY is $150k-$180k. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees: https://careers.db.com/life

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view Deutsche Bank’s Equal Opportunity Policy Statement and the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; and Employee Polygraph Protection Act.