Short term Trader, Fixed Income

Job description

We exist to help people achieve financial clarity.

At Thrivent, we believe money is a tool, not a goal.

Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.



At our core, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients.

We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.

Executes securities purchases and sales authorized by portfolio managers or within the confines of the money market approved list and 2a7 guidelines.

Develops and maintains relationships with securities dealers.

Provides portfolio manager(s) with ongoing information about market sentiment, trading environment, volume, volatility, and relative value trade opportunities.



Develops and maintains information on credit ratings of corporate, agency, municipal, state, and/or federal fixed-income issuers.



DUTIES & RESPONSIBILITIES:

+ Executes trades authorized by portfolio manager(s) or within the confines of the money market approved list and 2a7 guidelines.



+ Assists portfolio management teams with daily trading of liquidity assets and other short-dated securities through detailed market analyses and evaluation of competitive bids.



+ Assists portfolio management teams in developing, modifying, and adhering to portfolio strategies to maximize return while minimizing risk across multiple accounts with varying compliance and regulatory restrictions.



+ Provides relevant market intelligence, sentiment and pricing information to portfolio managers as needed or requested.



+ Provides support and backup to the Fixed Income Trading Desk, particularly the trading of shorter-dated securities.



+ Develops and presents trading and relative valuation opportunities to portfolio managers.



+ Develops and maintains relationships with securities dealers and counterparties including sales coverage and traders.



+ Develops and maintains information on credit ratings of corporate, agency, municipal, state, and/or federal fixed-income issuers.




QUALIFICATIONS & SKILLS:


 Required:

+ Bachelor’s degree in finance, economics, accounting or related discipline is required.



+ At least 2 years experience in institutional investment trading, operations or other relevant roles.



+ Strong written, verbal, and interpersonal skills.



+ Proficiency in Excel.




Preferred:

+ Master of Business Administration, Finance or other advanced degree in a relevant field and/or CFA designation or demonstrated progress towards completion of either/both is preferred.



+ Experience with Blackrock Solution’s Alladin OMS desirable.




Additional Information:

+ This position requires you to work on-site in Minneapolis, MN a minimum of 5 days a week.


Pay Transparency

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose.

We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent.

The applicable salary or hourly wage range for this full-time role is $88,132.00 - $119,236.00 per year, which factors in various geographic regions.

The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives.

That extends to our benefits.

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits.

Eligibility for receipt of these benefits is subject to the applicable plan/policy documents.

Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.


Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law.

This policy applies to all employees and job applicants.




Thrivent is committed to providing reasonable accommodation to individuals with disabilities.

If you need a reasonable accommodation , please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.





At Thrivent, we believe money is a tool, not a goal.

Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.

At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our customers.

We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.


For over 100 years, Thrivent has been helping people build their financial futures and live more generous lives.

Today, it’s a Fortune 500 company that offers a full range of expert financial solutions, serving more than 2 million customers, as well as the communities in which they live and work.


Thrivent fosters a diverse workforce to serve our diverse clientele, reflecting a wide range of backgrounds and experiences.

If you’re intrigued about our work and the possibility of becoming part of it, we invite you to visit Thrivent.com to learn more.

You won’t just build a career; you’ll be part of an organization focused on growing, innovating, and serving.

Required Skill Profession

Other General