High Yield Trader recruitment
Job ID: 12686
Position Description:
PIMCO is seeking to recruit a high yield trader based in Newport Beach. This position is responsible for trade execution and idea generation within the US HY markets for the overall firm. The ideal candidate will have significant trading experience in corporate credit, including both cash bonds and CDS, and also be well-versed in derivatives and broader fixed income markets.
In addition to trading experience, this position requires good relative value skills and general knowledge of portfolio/risk management with an overall interest in macro-economics.
Position Requirements:
• Minimum of five years of fixed income trading experience; high yield trading experience preferred
• Outstanding trading skills
• Excellent fixed income product knowledge
• Derivatives experience including (ideally) credit default swaps, rates, rate options, and currencies
• Ability to execute trades and coordinate information flow for the HY Desk
• Understanding of basic fundamentals and concepts of portfolio/risk management and HY products
• Strong communications skills, internally and externally. Manage the flow of information from the markets to internal constituencies including senior Portfolio Managers. Develop and manage external trading relationships
• Ensure that securities trading programs are in compliance with individual accounts (in concert with Client Account Managers and Portfolio Managers)
• Ability to strategize with Portfolio Managers on methods of adding or reducing exposure in industries or individual credits
• Well organized, high energy level/self-starter, must work well in a team environment, especially with other senior portfolio managers
• Ability to develop thoughtful trading strategies for specific objectives and/or recommended alternative strategies for achieving portfolio goals.
• Strong academic credentials and achievements
PIMCO is an equal opportunity employer