Global Investment Grade Fixed-Income Trader

Franklin Templeton; Pasadena (CA); On-site; USD 135,000 - 165,000; Full time

Job summary

Western Asset Management, part of Franklin Templeton, seeks an IG Trader in Pasadena, CA to shape global fixed-income portfolios. You will work with portfolio managers and analysts to influence positioning, generate ideas, and enhance outcomes within a highly collaborative platform.

The role emphasizes risk, liquidity, and macro insight across investment-grade credits, requiring multiple trading platforms and strong communication skills.

Qualifications

• Minimum 3–5 years trading, investment team experience, or risk management in fixed income.
• Prior experience supporting an investment grade credit desk is highly preferred.
• Knowledge of macro research and portfolio management; strong growth mindset.
• Excellent written and verbal communication to justify trade ideas.
• Strong analytical and quantitative skills; comfortable with trading analytics.
• Experience with multiple trading platforms (Tradeweb, MarketAxess, Bloomberg, Trumid) and Excel.

Responsibilities

• Execute alpha-generating trades across corporate subsectors for fixed income strategies and mandates.
• Partner with Portfolio Managers to contribute to portfolio outcomes.
• Generate market insights and ideas, including relative-value analysis across corporate bonds.
• Develop counterparty relationships and communicate market liquidity and pricing dynamics.
• Identify relative value opportunities across subsectors.
• Participate in global team and firm-wide investment strategy meetings.
• Engage with clients and stakeholders to represent Western Asset’s trading views.

Skills

Fixed income trading

Analytical skills

Communication

Team collaboration

Education

Undergraduate degree required

CFA or MBA preferred

Tools

Tradeweb

MarketAxess

Bloomberg

Trumid

Excel

Job description

Western Asset Management, part of Franklin Templeton, seeks an IG Trader in Pasadena, CA to shape global fixed-income portfolios. You will work with portfolio managers and analysts to influence positioning, generate ideas, and enhance outcomes within a highly collaborative platform.

The role emphasizes risk, liquidity, and macro insight across investment-grade credits, requiring multiple trading platforms and strong communication skills.