What are the responsibilities and job description for the Trader, Global Developed Credit position at DOUBLELINE GROUP LP?
Job Details
Level: Experienced
Job Location: Los Angeles, CA - Los Angeles, CA
Position Type: Full Time
Education Level: 4 Year Degree
Salary Range: Undisclosed
Description
The Trader will be responsible for the trading of investment grade corporate bonds on behalf of a diverse base of client investment vehicles including mutual funds, UCITs, ETFs, and separately managed institutional accounts.
Job Functions
- Trading
- Ensure best execution, routing, and fair allocation
- Ensure compliance with all portfolio guidelines
- Allocate and ticket all trades
- Maintain records (blotter & best execution)
- Work with settlement team on unresolved trade issues
- Communicate to Portfolio Manager
- Track and manage cash positions across portfolios
- Identify/generate trade ideas
- Alert any changes in restricted trading lists
- Communicate to Credit Analysts
- Track and manage primary calendar
- Provide information & recommendation on corporate actions
- Monitor/Alert market news and trends
- Monitor/Alert market movements, especially outliers
- External Communication
- Maintain sell side relationships
- Attend relevant trading conference
- Undertake ad-hoc projects as necessary
Qualifications
- Bachelor’s Degree
- At least 2 years of trading experience
- Credit training is a plus
- Demonstrated attention to detail
- Strong ethical standards and commitment to integrity
Base Salary Range
The estimated base salary range for this position is $100,000 – $150,000. In addition to base salary, this position is eligible for an annual discretionary bonus, plus a comprehensive benefits package.
Salary : $100,000 - $150,000
