Junior Fixed Income Trader
London, UK IT development
Job description
Junior Fixed Income Trader - Global Trading – Global Solutions
The Role
Aviva Investors are looking for someone to take on a fully integrated role in a value-added Global trading team. They will be operating primarily as a Fixed Income trader, developing expertise in all aspects of the area of responsibility - G10 Rates markets and local and hard-currency Emerging Markets across cash bonds and derivatives. They will develop internal and external counterparty relationships as well as providing meaningful market intelligence to portfolio managers and other stakeholders and develop increasingly sophisticated trading techniques and tools. They will provide cover to other members of the Global trading desk.
Responsibilities
· Maintaining an ongoing dialogue with portfolio managers on investment strategy and collaborating with portfolio managers, analysts, etc. on the investment decision making process.
· Providing portfolio managers with meaningful information about market sentiment, trading conditions, trading volume and price volatility.
· Understand various client mandates and guidelines to be able to recommend appropriate trade ideas.
· Undertaking all necessary sales / purchases of the allocated asset class (or subset) – for example derivatives, equities and fixed income products - as authorised and in the correct manner.
· Collaborating with team members and colleagues to develop a strong team ethos.
· Work with third party vendors to develop E Trading Platforms and tools. Ensure optimal use of Aladdin
· Executing orders on behalf of fund managers, in a timely, accurate and cost-efficient manner; achieving best execution for clients in respect of regulatory and compliance matters.
· Complying with procedures and compliance manuals that govern the dealing process.
· Managing allocations across funds in accordance with compliance procedures.
· Minimising both transaction and opportunity costs.
Experience & Skills / Knowledge
· Good knowledge of fixed income markets
· Understanding and knowledge of current regulatory environment and the implication for trading.
· Understanding of portfolio investment processes
· Excellent numeric, literacy and communication skills.
· Trading system knowledge, especially Bloomberg, Tradeweb, Market Axes etc. Good MS Excel skills.
· Attention to detail
Qualifications
· FCA approved person
· Insight and understanding of Global markets
About us
We are a global asset manager with broad and deep expertise across all major asset classes. As part of the Aviva Group – the UK’s largest insurance company – we are uniquely positioned to combine our insurance heritage with our investment capabilities to deliver the outcomes that matter most to today’s investor.
Today’s investors are asking more questions than ever. They expect more from their asset managers. They want joined-up thinking fit for an interconnected world; integrated solutions with their needs firmly at the heart. We’re challenging ourselves to respond to these new expectations – as well as the changes taking place in our industry and the world around us. About us
Inclusion and diversity
More than 1,500 people work across the globe, bringing it all together for today’s investor. True integrated advantage starts with our culture.
When everyone feels part of a unified team, in an environment of fairness, inclusion and positivity, we all achieve more. Integrated advantage is created when everyone feels stronger together - with no barriers to their ability to contribute, collaborate and succeed. Our Culture
You will be assessed against the Aviva values: care more, kill complexity, never rest and create legacy.