Fixed Income Trader/Portfolio Manager

About the role

Fixed Income Portfolio Management is part of Wealth Management’s Discretionary Portfolio Management team and provides investment management services for clients of the bank.

Responsibilities

• Work closely with portfolio managers, investment managers, and bankers in the construction and oversight of short duration separately managed fixed income accounts
• Become fluent in all trading and portfolio management systems utilized by the fixed income team
• Understand the components necessary to review issuers in the municipal bond market and complete basic municipal bond credit updates
• Understand the dynamics impacting fixed income markets and effectively communicate this knowledge to prospects, clients, and internal partners
• Buy and sell bonds for client portfolios with specific attention to municipal bonds, and an understanding of the overall fixed income markets
• Build your franchise among Discretionary Portfolio Management colleagues as well as Bankers and Investment Management teams

Requirements

• Ability to collaborate with portfolio managers and analysts to understand client needs and account mandates
• Understanding of the financial markets, economic indicators, and interest rate trends to inform trading decisions
• Ability to buy and sell bonds for client portfolios
• Ability to construct and manage separately managed account portfolios
• Develop and maintain strong relationships with Investment Managers, Relationship Managers, and clients, among others

Qualifications

• Detail oriented in documentation, pricing, and execution
• Strong team player
• Experience with Bloomberg, Excel, Word
• Understand the complete product set offered by the Discretionary Portfolio Management department and the Private Bank
• Self-motivated to learn

Skills

• Ability to collaborate with portfolio managers and analysts to understand client needs and account mandates
• Understanding of the financial markets, economic indicators, and interest rate trends to inform trading decisions
• Ability to buy and sell bonds for client portfolios
• Ability to construct and manage separately managed account portfolios
• Develop and maintain strong relationships with Investment Managers, Relationship Managers, and clients, among others

Benefits

Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

Pay

The salary range for this position in New York City is $120,000 to $175,000.

Schedule

Deutsche Bank provides a hybrid working model, allowing for in-office / work from home flexibility.