Job details

Trading Associate, Fixed Income - Non-Investment Grade

Get a free resume review

Primary Responsibilities:

Work collaboratively in a cross-functional team as a key support for the non-investment grade bond and loan trading desks
Serve as a point person in the trade order management process, coordinating with portfolio managers and traders
Ensure orders are in compliance with client guidelines and coordinate with legal and compliance teams to resolve issues
Coordinate with internal security team to set up and ensure data accuracy for all issuers in our index
Produce daily reports highlighting market movements and trading volumes for our investment team and ongoing investor reporting
Organize with our settlements team to monitor efficient trade settlement and provide feedback to traders and portfolio managers
Collaborate with our client service team to provide accurate and timely information required by clients, maintain and update pitch books
Candidate will attend daily meetings with traders and portfolio managers, receive mentorship from seasoned professionals and collaborate with many business units across the organization which can lead to opportunities to grow within the team or the entire Neuberger Berman fixed income business

Experience & Skills Qualifications:

Strong Excel capabilities, familiarity with Bloomberg is preferred or previous experience mastering some software is desired
Interest in the financial markets, macroeconomics and investing; familiarity with fixed income concepts (yield, spreads, duration recommended)
Strong analytical skills; capable of solving problems within finite deadlines while operating effectively in a fast-paced and evolving environment
Excellent organizational, interpersonal and communication skills with a strong attention to detail
Ability to self-motivate, multitask and prioritize tasks for several different colleagues
Ideal candidate will serve as a reliable partner to the investment and portfolio management process
Strong academic credentials, recent graduate (0-2 years out of school)

Compensation Details

The salary range for this role is $80,000-$100,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.

Learn about the Applicant Privacy Notice.

Average salary estimate

$90000 / YEARLY (est.)

min

max

$80000K

$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Trading Associate, Fixed Income - Non-Investment Grade, nb

As a Trading Associate for Non-Investment Grade Fixed Income at Neuberger Berman in Chicago, IL, you'll play a pivotal role within our dynamic trading team. In this exciting position, you'll work collaboratively across various functions, being a key support for our non-investment grade bond and loan trading desks. From coordinating trade orders with portfolio managers and traders to ensuring compliance with client guidelines, every day will present new challenges and learning opportunities. You'll be on the front lines of the trade order management process, helping to resolve issues with legal and compliance teams, and ensuring data accuracy for all issuers in our index by liaising with our internal security team. You’ll also have the chance to produce daily reports that shed light on market movements and trading volumes, directly supporting our investment team's decision-making process. Your organizational skills will shine as you track trade settlements and communicate effectively with clients through our client service team. With mentorship from seasoned professionals and cross-functional collaboration, this role is perfect for someone keen to grow within Neuberger Berman's fixed income business while utilizing your strong analytical skills and interest in financial markets to make impactful contributions. We welcome recent graduates, especially those with a knack for Excel and a familiarity with fixed income concepts. Join us for a meaningful career that promises both personal growth and professional rewards!

Frequently Asked Questions (FAQs) for Trading Associate, Fixed Income - Non-Investment Grade Role at nb

What are the main responsibilities of a Trading Associate at Neuberger Berman?

As a Trading Associate at Neuberger Berman, your key responsibilities would include collaborating with the non-investment grade bond and loan trading desks, managing trade orders, ensuring compliance with client guidelines, helping facilitate communication between teams, and producing daily reports on market trends. You'll serve as a critical partner to our investment process while gaining invaluable experience.