Investment Grade CorporateTrader

About the role

Supporting Western Asset’s Investment Grade team in Pasadena, CA, you will play a direct role in shaping global fixed-income portfolios, contributing actively to investment decision-making. This is a highly collaborative role within a globally integrated investment platform.

Responsibilities

• Execute alpha generating trades across various corporate subsectors for a variety of fixed income strategies and mandates.
• Operate as a trusted trading partner to Portfolio Managers and actively contribute to portfolio outcomes.
• Generate market insight and research ideas within assigned markets, including relative-value analysis across all sectors of the corporate bond market.
• Develop and maintain strong counterparty relationships, gathering and communicating market intelligence on liquidity, flows, and pricing dynamics.
• Identify and recommend relative value opportunities within and across all corporate subsectors.
• Actively participate in global team and firm-wide investment strategy meetings.
• Engage with clients and external stakeholders where appropriate, representing Western Asset’s trading and investment viewpoint.

Requirements

• A minimum of 3-5 years of experience trading, working on an investment team, or managing risk in fixed income markets.
• Previous experience supporting investment grade credit desk highly preferred.
• Knowledge of macro research and portfolio management with desire for personal and professional growth and the desire to take on fresh challenges.
• Excellent written and verbal communication skills to explain and justify trade recommendations.
• Strong analytical and quantitative skills.
• Experience and comfort using trading analytics, a variety of trading platforms (Tradeweb, Market Axess, Bloomberg, Trumid, etc), data analysis, and advanced Excel.
• Intellectual curiosity and sound decision-making under pressure.
• Ability to multitask in a fast-paced environment, with an ability to make decisions based on logic, reason and knowledge.
• A collaborative mindset and genuine interest in contributing to a global investment team.

Qualifications

• An undergraduate degree required; CFA or MBA is preferred.

Skills

• Trading and risk management skills.
• Market research and analysis.
• Collaborative teamwork.
• Communication and presentation skills.
• Financial modeling and analysis.

Benefits

Western Asset is committed to providing a comprehensive benefits package that includes:

• Discretionary bonuses.
• Short and long-term incentive packages.
• Company-sponsored benefit programs.

Pay

Expected base salary for the role will generally be between $135,000 - $165,000 per year at the commencement of employment.

Schedule

The schedule for this role is typically full-time.

Contact Information

To apply for this position, please visit our careers page at www.westernasset.com/careers.