High Yield Sales Trader

Position{{:}} High Yield Sales Trader

Location{{:}} Onsite in either New York OR Chicago

Duties and Responsibilities{{:}}

• Trade high yield, new issue and secondary bonds
• Generate trade ideas, assess relative value, provide updates on important news flow and portfolio recommendations
• Oversee multi-billion order flow of high yield securities in fixed income capital markets
• Vet offerings and pitch trade ideas to the company's portfolio management clients based on a deep understanding of mandate suitability
• Build and maintain strong relationships with the dealer community in order to support access to secondary market liquidity and primary market deal flow
• Identify relationships across markets and pitch potential trade opportunities that arise as a result
• Manage business development for the expansion of services to existing clients and procuring new clients
• Pro-actively communicates regularly with clients in an effort to manage expectations and help ensure client satisfaction
• Continually develop relationships with existing Wall Street sales, trading and syndicate desks
• Maintain and grow existing accounts and identify new key accounts
• Work closely with other trading teams to ensure implementation of best practices
• Manage risk in accordance with the Company's desk policy
• 100% commission
• All duties needed

• Bachelors Degree (Finance/STEM degrees preferred)
• Must have Active Series 7 and 63 license
• Minimum of 5 years of relevant high yield experience
• Team player with strong interpersonal skills
• Excellent verbal and written communication skills
• Strong quantitative and financial technology skills (Bloomberg, Excel, etc.)
• Detail-oriented and ability to juggle multiple tasks effectively
• Demonstrates sound judgment and ability to work independently

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k with company match, IRA)
• Employee Profit Sharing Plan
• Life Insurance (Basic, Voluntary & AD&D, Group Whole Life)
• Short Term & Long Term Disability
• Accident and Critical Illness Benefit Plans
• Paid Time Off (Vacation time)
• Follow the NYSE Holiday Schedule