VP/Derivatives Trader - Fixed Income & Equity
AllianceBernstein, New York, NY, United States
Who You'll Work With:
AB's Fixed Income group is looking for a trader to execute on behalf of an Insurance ALM hedging book. The focus of the role is on execution, investment advice, client service, and relationship management. This is a dynamic role covering multiple asset classes including listed and OTC Fixed Income & Equity derivatives. The trader will serve the client on a dedicated basis while sitting alongside the rest of the fixed income trading desk. The person will partner with the client to provide strategic guidance and thought leadership on hedging strategies and liquidity management. The trader is expected to add value and have high impact on the business, driving improved performance in investment management, execution, and enabling scale as the client's book of business grows.
What You'll Do:
Execution of all VA trades for dedicated client portfolio
Collaborate with PMs to reduce trading costs
Work collaboratively with internal and external parties to deliver investment advice, dynamic trading intelligence, and integrated investment process
Enhance proprietary cutting edge OEMS trading technology
Partner with internal and external parties to optimize collateral management on derivatives transactions
Partner with client group and derivative operations teams to deliver superior client outcomes and experience
Partner with the client to prepare for shifts in regulatory or market structure regimes
What We're Looking For:
7+ years professional experience
Strong academic credentials, with a Bachelor's degree
Deep market structure knowledge in Equities or Fixed Income derivative hedging strategies
Experience with ALM hedge accounting and strategies
Relationships and experience interacting with sell side trading desks
Strong interpersonal skills and experience in a collaborative, team-based, results oriented environment
Outstanding problem-solving abilities and communication skills
Ability to adapt to shifting priorities
Strong ownership mindset
A self-starter with an attitude and practice of proactive idea generation and continuous review and improvement to our processes
Who We Are:
We are a leading global investment management firm offering high-quality research and diversified investment services to institutional clients, retail investors, and private-wealth clients in major markets around the globe. With over 4,000 employees across 57 locations operating in 26 countries and jurisdictions, our ambition is simple: to be the most trusted investment firm in the world. We
realize that it's our people who give us a competitive advantage and drive success in the market, and our goal is to create an inclusive culture that rewards hard work.
Our culture of intellectual curiosity and collaboration creates an environment where you can thrive and do your best work. Whether you're producing thought-provoking research, identifying compelling investment opportunities, infusing new technologies into our business or providing thoughtful advice to our clients, we are fully invested in you. If you're ready to challenge your limits and empower your career, join us!
In accordance with applicable law, the minimum and maximum base annual salary for this role is as follows:
Base Salary Range: $150,000 to $200,000
Actual base salaries may vary based on factors including but not limited to education, training, experience, past performance, and other job-related factors. Base salary is just one component of total compensation at AB, which may include, depending on eligibility, commissions, year-end incentive compensation, short- and long-term incentives and Department-specific awards. In addition AB provides a variety of benefits to eligible employees, including health insurance coverage, an employee wellness program, life and disability insurance, a retirement savings plan, paid holidays, sick and vacation time off
AB does not discriminate against any employee or applicant for employment on the basis of race, color, religion, creed, ancestry, national origin, sex, age, disability, marital status, citizenship status, sexual orientation, gender identity, military or veteran status or any other basis that is prohibited by applicable law. AB's policies, as well as practices, seek to ensure that employment opportunities are available to all employees and applicants, based solely on job-related criteria
New York, New YorkPDN-9cd2d904-f485-4f44-9999-b78c7f130e7c