Structured Product Bond Trader

Columbia Threadneedle Investments; Minneapolis (MN); Hybrid; USD 115,000 - 140,000; Full time

Benefits offered by this job

Vacation time

401(k)

Health insurance

Dental insurance

Life insurance

Job summary

Columbia Threadneedle Investments is seeking a professional to execute trades of structured product fixed income securities with a focus on Agency Mortgages and CLOs. You will work closely with Portfolio Managers and contribute to market analysis and trade execution.

The role requires 2-7 years’ experience in structured products, strong analytical skills, and proficiency with tools like Bloomberg. The company promotes a hybrid work environment, expecting employees to work in the office at least four days a week.

Qualifications

• 2-7 years’ experience with structured product securities, preferably in agency mortgages or CLOs.
• Comfortable taking directions from senior investment professionals.
• Self‑motivated team player with strong verbal communication skills.

Responsibilities

• Execute trades of fixed income securities under supervision.
• Provide market-related insights to Portfolio Managers.
• Develop and maintain a database to track trading levels.

Skills

Problem-solving skills

Analytical framework

Microsoft Excel proficiency

Communication skills

Education

Undergraduate degree in Finance, Mathematics, Physics or related field

Tools

Blackrock Solution's Aladdin OMS

Bloomberg

Job description

Job Description

Responsible, under direct supervision, for executing trades of structured product fixed income securities as authorized by Portfolio Managers with primary focus on Agency Mortgages and CLOs.

Responsibilities

• Collaborate and build relationships with Portfolio Managers, Research Analysts and Traders to build credibility and trust as a partner in the overall investment process.
• Provide market‑related insight that helps Portfolio Managers identify relative value opportunities.
• Participate in Portfolio Management and Research team round tables as the representative of the trading function to provide market trends and environment from a trading perspective.
• Contribute to the global trading team with market insight, trends and technicals.
• Develop and maintain a database to track secondary trading levels, dealer bid/offering levels, and cover bids.
• Act as the point of contact with street counterparties – aggregating axes, collecting and disseminating market color, and executing trades.
• Assist with ad hoc reporting as requested by PMs/traders.
• Learn various client guidelines and restrictions and utilize pre‑trade compliance checks.
• Interact with senior traders, research partners and other internal constituents on a regular basis.
• Participate in morning calls, daily/weekly market updates and strategy meetings, acting as a seamless interface between the team and various internal firm constituencies.

Required Qualifications

• 2-7 years’ experience with structured product securities, preferably in agency mortgages or CLOs for a buy‑side firm.
• Strong problem‑solving skills, analytical framework and computer skills with demonstrated proficiency in Microsoft Excel, macro implementation and Bloomberg.
• Rigorous attention to detail and good time‑management/multi‑tasking skills.
• Comfortable interacting with and taking directions from senior investment professionals.
• Inquisitive mind interested in all aspects of the fixed income markets.
• Self‑motivated team player with strong verbal communication skills.

Preferred Qualifications

• Proficiency with Blackrock Solution's Aladdin OMS.
• Undergraduate degree in Finance, Mathematics, Physics or related field.
• Visa sponsorship is not required; applicants must have a valid work authorization that does not now or in the future require visa sponsorship for employment in the United States.

Benefits and Compensation

The estimated base salary for this role is $115,000–$140,000 per year. Variable pay in the form of bonus, commissions, and/or long‑term incentives may also be available. The company offers a comprehensive benefits program that includes vacation time, sick time, 401(k), and health, dental and life insurances.

Work Environment

Columbia Threadneedle expects employees to work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in‑office time or different in‑office expectations, to be discussed during the hiring process.

Equal Employment Opportunity

Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.