T. Rowe Price
Fixed Income Trader – High Yield
T. Rowe Price, Baltimore, Maryland, United States, 21276
Fixed Income Trader – High Yield
There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.This role, within our Fixed Income team, focuses on trading leveraged finance securities and derivatives. The individual will regularly share leveraged finance insights, trends, and activities with portfolio managers, analysts, and traders. An essential requirement is a deep understanding of global credit markets and staying updated on industry and credit-specific trends. The trader will also analyze and offer insights on relative value within capital structures. Effective relationship-building, both internally and externally, is crucial.Primary Accountabilities:Efficiently execute leverage finance trades using platforms and dealer relationships, focusing on long-term value creation, risk-adjusted return, and portfolio enhancement. Collaborate closely with portfolio managers and analysts to ensure trading strategies complement client portfolio investment objectives.Use data analytics and quantitative tools for in-depth analysis of market trends and investment opportunities, adopting a strategic investor approach to boost portfolio returns and effectively manage risks.Establish and maintain strategic relationships with dealers, technology providers, and market platforms to secure essential market insights, liquidity options, and innovative solutions.Pro-technology mindset: Actively enhance our trading infrastructure, processes, and team culture by embracing innovation and promoting teamwork.Collaborate with T. Rowe Price’s investment professionals to assess market dynamics and strategies through sharing market insights.Mentor and train junior traders.Qualifications:Required:Educational background: A Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Computer Science, or a related field. CFA certification.Three to five years trading experience: Demonstrable success and progression in trading roles, specifically with a focus on leveraged finance markets.Advanced technical skills: Proficiency in using trading platforms and experience with programming languages (e.g., Python, R) for data analysis and trading strategy development.Strong analytical abilities: The ability to synthesize complex financial information to make informed trading decisions.Risk management expertise: The ability to apply a risk management framework in the context of leveraged finance trading.Strong communication skills to communicate market color and investment strategies.Ability to work effectively as part of a team.Excellent interpersonal and relationship-building skills.FINRA RequirementsFINRA licenses are not required and will not be supported for this role.Work FlexibilityThis role is eligible for remote work up to one day a week.Commitment to Diversity, Equity, and Inclusion:We strive for equity, equality, and opportunity for all associates. Our commitment and inclusive programming aim to lift the experience for each associate and build allies for our global associate community.Benefits:
We invest in our people through a wide range of programs and benefits, including:Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions.Flexible and remote work opportunities.Health care benefits (medical, dental, vision).Tuition assistance.Wellness programs (fitness reimbursement, Employee Assistance Program).Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race.#J-18808-Ljbffr
There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.This role, within our Fixed Income team, focuses on trading leveraged finance securities and derivatives. The individual will regularly share leveraged finance insights, trends, and activities with portfolio managers, analysts, and traders. An essential requirement is a deep understanding of global credit markets and staying updated on industry and credit-specific trends. The trader will also analyze and offer insights on relative value within capital structures. Effective relationship-building, both internally and externally, is crucial.Primary Accountabilities:Efficiently execute leverage finance trades using platforms and dealer relationships, focusing on long-term value creation, risk-adjusted return, and portfolio enhancement. Collaborate closely with portfolio managers and analysts to ensure trading strategies complement client portfolio investment objectives.Use data analytics and quantitative tools for in-depth analysis of market trends and investment opportunities, adopting a strategic investor approach to boost portfolio returns and effectively manage risks.Establish and maintain strategic relationships with dealers, technology providers, and market platforms to secure essential market insights, liquidity options, and innovative solutions.Pro-technology mindset: Actively enhance our trading infrastructure, processes, and team culture by embracing innovation and promoting teamwork.Collaborate with T. Rowe Price’s investment professionals to assess market dynamics and strategies through sharing market insights.Mentor and train junior traders.Qualifications:Required:Educational background: A Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Computer Science, or a related field. CFA certification.Three to five years trading experience: Demonstrable success and progression in trading roles, specifically with a focus on leveraged finance markets.Advanced technical skills: Proficiency in using trading platforms and experience with programming languages (e.g., Python, R) for data analysis and trading strategy development.Strong analytical abilities: The ability to synthesize complex financial information to make informed trading decisions.Risk management expertise: The ability to apply a risk management framework in the context of leveraged finance trading.Strong communication skills to communicate market color and investment strategies.Ability to work effectively as part of a team.Excellent interpersonal and relationship-building skills.FINRA RequirementsFINRA licenses are not required and will not be supported for this role.Work FlexibilityThis role is eligible for remote work up to one day a week.Commitment to Diversity, Equity, and Inclusion:We strive for equity, equality, and opportunity for all associates. Our commitment and inclusive programming aim to lift the experience for each associate and build allies for our global associate community.Benefits:
We invest in our people through a wide range of programs and benefits, including:Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions.Flexible and remote work opportunities.Health care benefits (medical, dental, vision).Tuition assistance.Wellness programs (fitness reimbursement, Employee Assistance Program).Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race.#J-18808-Ljbffr