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AVP, Product Manager and Trader

Company:
NLGIA
Location:
Manhattan, NY, 10178
Posted:
May 11, 2024
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Description:

Job Description

Salary: $120,000 to $160,000

Functional Title: Product Manager and Trader

Corporate Title: Assistant Vice President

Department: Fixed Income

Reports To: Head of Fixed income

Overtime Eligible (Y/N): N

Position Summary

Nippon Life Global Investors Americas, Inc. seeks an adaptable team player to join us as an AVP, Product Manager and Trader. This individual will be responsible for analyzing each portfolio and executing credit related orders in compliance with trading procedures and portfolio guidelines.

Essential Duties/Function:

Analyze each portfolio and advise portfolio managers in accordance with guidelines, customer needs and risk-rewards.

Engage in value additive conversations and solutions (index analysis, spread trend monitoring, relative value, trade ideas, complex trading situations, alternative investments/comparable securities, New Issue color, etc.)

Execute portfolio manager generated credit related orders in compliance with trading procedures and portfolio guidelines.

Build relationships with the broker/dealer community to obtain valuable bids and offers from them, facilitate improved new issue allocations, market intelligence and act as a point of contact for the platform.

Participate in internal meetings with Portfolio Managers and Credit Analysts as part of the investment decision making process.

Increase efficiency of execution and help build automated solutions for the desk’s processes and order flow.

Miscellaneous duties as assigned.

Experience/Qualifications:

Bachelor’s degree in a finance-related concentration; MBA and/or CFA designation preferred.

At least 3-5 years of experience in credit areas, fixed income and fund investing with an understanding of the broad financial environment; trading experience preferred.

Strong command of MS Office software and advanced Excel; proficiency with Bloomberg and related automated trading tools (primarily marketAxess).

Strong written and verbal communication skills in English.

Detail oriented, pro-active and able to excel in a highly collaborative global team.

A flexible team player able to adapt to change.

The expected annual base salary for this position ranges from $120,000.00-$160,000.00. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus based on qualitative and quantitative factors.

In addition to a competitive base salary and discretionary bonus eligibility, we offer a generous benefits package which consists of the following:

Medical, Dental, and Vision Insurance – Premiums for employees are covered at 100% and premiums for dependents are covered at 70% by the company

401k match and Money Purchase Plan (fully company-funded)

Life Insurance and Disability Insurance

Pre-tax Commuter Benefits

Up to 6 weeks of Paid Parental Leave

Tuition Reimbursement

Current Hybrid Work Arrangements

Paid Holidays in addition to vacation days, floating days and paid sick time

Disclaimer:

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents. Job responsibilities are subject to change, with or without notice. All employees may be required to perform duties outside of their normal responsibilities at any time at the Company’s sole discretion. This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms. As described in the Company’s employee handbook, the Company reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.

NLGIA is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, religion, sex, gender (including gender identity and gender expression), national origin, citizenship, immigration status, age, disability, sexual orientation, military or veteran status, genetic information, sexual or other reproductive health decisions, or any other characteristic protected by applicable federal, state or local law.

During the application process and, if hired, during employment, I agree to participate (if so requested by the Company and as not prohibited by applicable law) in testing to determine whether employees are under the influence of controlled drugs or illegal substances. Such tests or examinations will be performed by qualified professionals selected by the Company.

This submission of my application attests to the fact that the information that I have provided on my application, resume, given verbally, or provided on any other materials, is true and complete to the best of my knowledge and also constitutes authority to verify any and all information submitted on this application. I understand that any misrepresentation or omission of any fact in my application, resume or any other materials, or during any interviews, can be justification for refusal of employment, or, if employed, termination from the Company’s employ. The Company or its agents may seek to verify the information on this application. As such, I hereby authorize the Company or its agents to contact any former employer or any representative of any other organization to which I have made reference in this application, and I hereby authorize said employer and/or representative to provide information to the Company on my behalf. I also affirm that I have not signed any kind of restrictive document creating any obligation to any former employer that would restrict my acceptance of employment with the Company in the position I am seeking. I understand that this application is not an employment contract for any specific length of time between the Company and me, and that in the event I am hired, my employment will be “at will” and either the Company or I can terminate my employment with or without cause and with or without notice at any time. The Company may, at its sole discretion, hold in abeyance or revoke, amend or modify, abridge or change any benefit, policy practice, condition or process affecting its employees.

I acknowledge that I have read all of the above statements, and that I understand them.

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