Trader, High Income \u0026 Alternatives

Company: Fidelity Investments
Location: Boston
Posted on: September 20, 2023

Job Description:

Job Description:The GroupHeadquartered in Boston, the High Income & Alternatives group has more than $100B in assets under management (AUM).The group s AUM are invested \u201Cacross the capital structure,\u201D including in emerging markets debt, high yield bonds, leveraged loans, convertible bonds, alternative credit, and equities. Fundamental research is the foundation of the group s investment process.
The RoleThe Trader will work closely with the High Income & Alternatives portfolio managers, research analysts and traders (Emerging Markets Debt, High Yield, and Bank Loans). You will be responsible for execution, insights, and coverage as a generalist on the team, but primary back-up for Emerging Markets Debt. Located in Boston, you will report to the Head of High Income & Alternatives Trading.
The Value You Deliver

• Contribute, generate and evaluate new trade ideas/relative value to optimize the trading process
• Collaborate with investment professionals and assess market dynamics and strategies through sharing market insights with regard to trading levels, liquidity and flows
• Build and maintain strong relationships with the dealer community in order to support access to secondary liquidity and primary market
• Execute with a high level of attention to detail
• Monitor market developments, news, and trends to identify potential trading opportunities and risks
• Collaborate with other internal trading teams to share market insights, best practices, and develop new trading strategies and toolsThe Skills & Experience You BringWe are seeking individuals who have the following characteristics:
  • Strong academic background
  • At least 2-4 years of experience trading in credit markets, preferably high yield or emerging markets
  • In depth understanding of bond markets, products and structures
  • Excellent written and verbal communication skills
  • Strong work ethic and proven teamwork skillsPlease see below for the salary range for work locations in Colorado only:N/A
    
    Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:N/A
    
    Please see below for the salary range for work locations in California only:N/A
    
    Please see below for the salary range for work locations in Washington only:N/A
    
    Certifications:Company OverviewFidelity Investments is a privately held company with a mission--to strengthen the financial well-being of our clients.--We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.Join UsAt Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a--, we have been recognized by our employees as a Best Place to Work in 2023. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we re calling \u201C\u201D. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.We invite you to--Find Your Fidelity--at--.Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to--, or by calling 800-835-5099, prompt 2, option 3.At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

Keywords: Fidelity Investments, Boston , Trader, High Income \u0026 Alternatives, Accounting, Auditing , Boston, Massachusetts