Senior Fixed Income Manager

BinaryBees Business Solutions LLC; Des Moines (IA); On-site; USD 120,000 - 180,000; Full time

Job summary

BinaryBees Business Solutions LLC in Des Moines, IA seeks a Senior Fixed Income and Derivative Portfolio Manager to oversee a broad desk including derivatives, Treasuries, and MBS. You will identify trading opportunities, manage risk and interact with brokers and internal stakeholders to drive best execution and strategic outcomes.

The role requires seven years of investment experience, a finance-related degree, and strong proficiency with SQL, Bloomberg and other analytical tools.

Qualifications

• Bachelor’s degree in finance, economics, accounting, statistics, or related field.
• MBA and/or CFA designation preferred.
• Minimum seven (7) years of investment experience.
• Extensive knowledge of markets, finance, and banking principles.
• Proficiency with analytical tools used in trading and analysis.

Responsibilities

• Demonstrates in-depth knowledge covering derivatives, Treasuries, agencies, and mortgage-backed securities.
• Identify and execute trading opportunities across all desk areas focusing on best execution, relative value and risk/reward.
• Understand accounting rules (ASC 815) and related regulations affecting trading strategies.
• Interact with Bank staff, brokers, and system users on trade-related activities.
• Design and discuss strategic opportunities and drive risk mitigation solutions.
• Prepare treasury and portfolio analysis for senior leadership and committees.
• Operate Bloomberg, TradeWeb, MarkitWire, PolyPaths, Principia, and related systems.
• Provide mentorship and leadership to team members.

Skills

Fixed income trading

Risk management

Analytical thinking

Communication and presentation

Education

Bachelor’s degree in finance/economics/accounting

MBA and CFA designation (preferred)

Tools

SQL

Bloomberg

TradeWeb

Intex

PolyPaths

Principia

SimCorp Dimension

Job description

Title : Senior Fixed Income and Derivative Portfolio Manager

FULLTIME and ONSITE ROLE

Location : Des Moines, IA

Must Be Citizen or Green Card

Accountabilities:

Key Responsibilities:

• Demonstrates an in-depth knowledge of and can cover/assist in all areas of the desk including derivatives, Advances, Treasuries, Agencies, Fed Funds, Reverse Repurchase Agreements, Mortgage Structured products, Municipals and Commercial Mortgage Back Securities (funding, investing, pricing, hedging, etc.).
• Identify and execute trading opportunities and risks across all areas of the desk including derivatives, Treasuries, Agencies, Fed Funds, Reverse Repurchase Agreements, Mortgage Structured products, Municipals and Commercial Mortgage Back Securities and focus transactions on best execution, relative value and risk/reward.
• Demonstrates a superior understanding of accounting rules, including ASC 815, applicable regulations and Bank policies and how those rules, regulations and policies affect trading strategies for multiple areas of the desk.
• Regularly interact with other areas of the Bank, system and broker dealers on trade-related activities.
• Initiates discussion to suggest and design new strategic opportunities.
• Participates in decision making and implementation of strategic initiatives by working independently or with others to design analysis, resolve issues and achieve strategic goals.
• Successfully operates within a number of systems, including Bloomberg, MarkitWire, TradeWeb, BankMate, PolyPaths and/or Principia.
• Actively participates in Committee meetings through discussions, questions, and utilizing effective presentation skills to nontechnical Committee members.
• Acts as a “First-Line-of-Defense” in identifying, communicating, assessing and managing all risks of the portfolio, including financial risk, including treasury operations, interest rate risk and credit risk. Executes on solutions to mitigate those risks.
• Ensures compliance with various Bank regulation and policies as it relates to treasury functions.
• Partners with key internal stakeholders to ensure business goals and finance strategies are aligned.
• Prepares presentations for senior leadership and board of directors with insights into treasury reports.
• Participates in and collaborates with the team in internal and external treasury audits.
• Provides informal mentorship and leadership to other team members.

Requirements:

• Bachelor’s degree in finance, economics, accounting, statistics, or related field required.
• Masters of Business Administration (MBA) and/or Chartered Financial Analyst (CFA) designation preferred.
• Minimum of seven (7) years of investment experience.
• Extensive knowledge of the markets and an understanding of finance, economics, accounting, investment, and banking principles and practices.
• Extensive knowledge of SQL, Bloomberg, TradeWeb, Intex, PolyPaths, Principia, SimCorp Dimension and/or other analytical tools utilized in the trading and analysis process.
• Established investment contact network to assist in relative value ideas, trading, debt issuance and other portfolio management related activities.
• Documented track record of excellent trading capabilities.
• Advanced understanding of fixed income analysis, mortgage prepayment behavior, advance pricing and derivative pricing.
• Superior knowledge of Liquidity Management practices.
• Sound understanding of risk metrics, risk framework, and ALM (Asset Liability Management) practices.
• Excellent verbal and written communication and presentation skills.