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

Personal and volunteer days

Health benefits

Retirement savings plans

Educational resources

Matching gifts

Volunteer programs

Job summary

Deutsche Bank in New York, NY, seeks a Vice President to join the Fixed Income Portfolio Management team within Wealth Management. The role focuses on constructing and overseeing intermediate duration separately managed accounts and aligning with client mandates.

You will work closely with portfolio managers, investment managers, and bankers to execute bond trades and maintain client relationships, with a hybrid work model and competitive compensation.

Qualifications

• Understanding of the financial markets and interest rate trends.
• Solid understanding of credit markets and spreads.
• Ability to construct and manage separately managed account portfolios.
• Fluency in trading and portfolio management systems used by fixed income team.

Responsibilities

• Work with portfolio managers and bankers to construct and oversee intermediate duration fixed income accounts.
• Collaborate with portfolio managers to understand client needs and mandates.
• Buy and sell bonds for client portfolios with focus on corporate, Treasury and Agency securities.
• Develop relationships with Investment Managers, Relationship Managers and clients.

Skills

Understanding of financial markets

Credit markets knowledge

Client relationship building

Strong communication skills

Self-motivated to learn

Tools

Bloomberg

InvestorTools (Perform)

Job description

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

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.

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.

The 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] .

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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.