City National Bank Job - 49521849 | CareerArc
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Company: City National Bank
Location: Beverly Hills, CA
Career Level: Mid-Senior Level
Industries: Banking, Insurance, Financial Services

Description

TRADER SENIOR - FIXED INCOME

 

WHAT IS THE OPPORTUNITY? This position is responsible for executing fixed income transactions by gathering relevant market information, performing market analysis, and leveraging broker/dealer relationships. This includes detailed market research and analyzing market conditions to provide best execution across the curve and across a variety of security structures including government, corporate, municipal, and securitized markets. The role will require communication between the portfolio management team and will work to improve execution to minimize trading costs.   Wealth Management Division: City National Rochdale
As a member of City National Rochdale, the company's Wealth Management group, you will provide white-glove service focused on intelligently personalized portfolio management for high-net-worth individuals, families, and institutions. For 30 years, City National Rochdale has helped clients achieve their goals, operating as a nimble, responsive, local boutique investment firm.

 

What you will do
  • Trade execution across fixed income markets through multiple channels including electronic marketplaces such as MarketAxess and Tradeweb.
  • Develop and maintain strong relationships with broker dealer community.
  • Continuously monitor the market conditions and remain updated on the current market trends and prepare relevant reports.
  • Provide insight to trends impacting the firm's fixed income strategies and provide relevant feedback to analysts and portfolio managers based on the market developments.
  • Perform back and middle office work, prepare analysis on the potential for entering new markets and to ensure all trading activities are carried out efficiently by adhering to the rules and regulations of the company.
  • Proficient with the use of advanced statistical analysis software and capabilities (fluency in at least two of the following: SAS, R, Python, SQL, Salesforce)

Must-Have*

  • Bachelor's Degree or equivalent
  • 10 years of Fixed Income trading experience with demonstrated experience across the curve in both investment grade and high yield segments of the market
  • FINRA Series 7:  General Securities Rep

Skills and Knowledge

  • Degree in a quantitative field (e.g., Statistics, Mathematics, Economics, Information Systems, etc.)
  • Proficient with the use of statistical analysis software and capabilities, programming experience a plus
  • Proficient in quantitative strategies and modeling
  • Well-versed in capital market theories and asset pricing models
  • Excellent written and verbal communication skills
  • Must demonstrate a methodical, disciplined approach to their work self-motivation to develop product knowledge
Compensation Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
*To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

 

Benefits and Perks At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.

 

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'

 

ABOUT CITY NATIONAL We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.  

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