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

Health benefits

Retirement savings plan

Parental leave

Job summary

Deutsche Bank AG in New York seeks an experienced Fixed Income Trader/Portfolio Manager (Vice President) to join Deutsche Bank AG's Wealth Management Discretionary Portfolio Management team, delivering portfolio management expertise to clients.

You will trade bonds across corporate, Treasuries and agencies, build client relationships, collaborate with investment managers, and present market updates to prospects and colleagues. Hybrid work model in effect.

Qualifications

• Understanding of the financial markets and interest rate trends informs trading decisions.
• Solid understanding of credit markets and spreads.
• Ability to construct and manage separately managed accounts.
• Proficiency with trading and portfolio management systems.
• Strong communication and presentation skills.
• Detail oriented in documentation, pricing and execution.

Responsibilities

• Work with portfolio managers and bankers to construct and oversee intermediate duration separately managed fixed income accounts.
• Buy and sell bonds for client portfolios across corporate, Treasury and Agency securities.
• Develop relationships with Investment Managers, Relationship Managers, and clients.
• Present market overviews and updates in client and department meetings.

Skills

Market knowledge

Credit markets

Trading systems

Client communication

Team player

Self-motivated to learn

Tools

Bloomberg

InvestorTools (Perform)

Job description

Job Description:Job Title Fixed Income Trader/Portfolio ManagerCorporate Title Vice PresidentLocation New York, NYOverviewWealth 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 YouA diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift, and volunteer programsWhat You’ll DoWork closely with portfolio managers, investment managers, and bankers in the construction and oversight of intermediate duration separately managed fixed income accountsCollaborate with portfolio managers and analysts to understand client needs and account mandatesBuy and sell bonds for client portfolios with specific attention to corporate bonds, Treasury and Agency securitiesDevelop and maintain strong relationships with Investment Managers, Relationship Managers, and clients, among othersSkills You’ll NeedUnderstanding of the financial markets, economic indicators, interest rate trends to inform trading decisionsA solid understanding of the credit markets, spreads,Ability to construct and manage separately management account portfoliosBecome fluent in all trading and portfolio management systems utilized by the fixed income teamAn understanding of the dynamics impacting fixed income markets and ability to effectively communicate and present this knowledge to prospects, clients, and internal partnersSolid communication skills with the ability to present market overviews / updates in client and department meetingsSkills That Will Help You ExcelDetail oriented in documentation, pricing and executionStrong team playerExperience with Bloomberg, InvestorTools (Perform)Understand the complete product set offered by the Discretionary Portfolio Management department and the Private BankSelf-motivated to learnExpectationsIt 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 BenefitsAt 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/lifeThe California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice, please email [e-mail] .#LI-HYBRIDWe 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 .