Saturday, October 3, 2009

Fixed Income Trader - Structured Products

Apply for Job Here

Description

Charles Schwab's purpose is to help everyone become financially fit.
Through advocacy and innovation, Schwab has worked to make investing
more affordable, more accessible and more understandable for all.
For more than three decades, The Charles Schwab Corporation has been
an advocate for individual investors and the independent advisors who
serve them.

At Schwab, we respect the unique differences of our employees, our
clients and the communities we serve � striving to create a
consistent and rewarding employee experience. If you share our
enthusiasm for helping others, building trusted relationships,
possess high ethical standards, and have a desire to learn and grow,
there's a place for you at Schwab!

Purpose:
Charles Schwab's Fixed Income Trading Team manages the firm's
BondSource platform that offers clients, on a typical day, the choice
of over 75,000 different fixed income securities. The most popular
products are Municipal Bonds; Bank CDs, Agencies, Treasuries and
Corporate Bonds.

Whether you desire to work face-to-face with customers or are drawn
to opportunities behind the scenes, know that everybody who works at
Schwab plays a vital role in offering our clients a range of valuable
and ethical financial services. If you share our enthusiasm for
providing the tools, resources and guidance that can help them
achieve their financial goals, there's a place for you at Schwab.

Description:
# Interact collaboratively with the Strategic Trading Sales, Schwab
Advisory Services and Investor Services sales and service partners to
source appropriate structure products to meet evolving client demand
# Manage Structured Products calendar offerings and reverse inquiry
order flow
# Monitor Schwab Bond Source trading activity to ensure that trade
execution standards are achieved.
# Negotiate trades with external dealers and issuers
# Evaluate Structured Product offerings for appropriate pricing to
ensure best execution for our clients
# Facilitate Bid Wanted activity with external dealers via QWS
# Work on Orders in Review-Agent/Trader status
# Executing, cancelling, changing, outing orders, and notifying all
parties
# Resolve trade problems/settlement breaks, call contra parties,
liaison with operations and external dealers
# Respond to internal sales/service reps regarding trading issues and
execution quality

Qualifications:
# Comprehensive understanding of Structured Products markets
required.
# Minimum of three (3) years fixed income/capital markets experience
within a collaborative and team-oriented trading environment
preferred.
# Ability to work independently, exercise sound judgment and manage
daily workload with strong conflict management, analytical,
quantitative and problem solving skills
# Must be flexible, detail-oriented and able to work in a fast-paced
team environment
# Demonstrated prior experience in a customer service or business
development role with strong communication skills
# Strong PC skills that includes experience with Microsoft office
(including Excel, Word, and Power Point) and industry standard
trading resources and tools (Bloomberg, Reuter's, BondDesk,
TradeWeb, Blackrock etc.)
# Sound understanding of FINRA/SEC regulations preferred
# Bachelor's degree in accounting, finance or economics and Series 7
& 63 required
Requirements Fixed Income Trading & Operations

Apply for Job Here

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