Trader, Fixed Income

We exist to help people achieve financial clarity. At Thrivent we believe money is a tool not a goal. Driven by a higher purpose at our core we are committed to providing financial advice investments insurance banking and generosity programs to help people make the most of all theyve been given.

At our core we are a membership-owned fraternal organization as well as a holistic financial services organization dedicated to serving the unique needs of our clients. We focus on their goals and priorities guiding them toward financial choices that will help them live the life they want todayand tomorrow.

Job Summary

Under the direction of Senior Traders and the Director of Fixed Income Trading executes purchases and sales of fixed income securities that are authorized by portfolio managers. Securities will primarily be investment grade corporates but would also include U.S. government and agency securities high-yield corporates leveraged loans emerging market debt preferred securities and index derivatives. Add value to the investment process by effectively engaging with Traders Portfolio Managers and Analysts.

Job Responsibilities and Duties

• Under the direction of Senior Traders and the Director of Fixed Income Trading execute purchases and sales of fixed income securities that are authorized by portfolio managers.
• Provide direct trading support to Senior Traders the Director of Fixed Income Trading and the overall trading desk operation (some support work will be administrative).
• Assist in the management of the primary market new issue process including issue information price guidance order processing allocation and ticketing.
• Execute electronic orders on various fixed income trading platforms including but not limited to Blackrock Solutions Alladin OMS Bloomberg MarketAxess and TradeWeb.
• Confirm and coordinate trade executions with brokers and Thrivent Operations/Settlements teams as needed.
• Assist trading desk with the development of trade ideas and monitoring of both executed and open orders.
• Deliver on ad hoc requests from traders portfolio managers and analysts.
• Help identify work to innovate and improve processes within the trading environment to reduce operational risk improve efficiency and automate where possible.
• Work closely with Portfolio Compliance (addressing alerts and restrictions).
• Generate commission reports and assist in monitoring budgets.
• Assist in the preparation of transaction cost analyses.

Job Qualifications

Required:

• Master of Business Administration Finance or other advanced degree in a relevant field with at least 1 year work experience in securities analysis an applied securities analysis program or the equivalent; or a 4-year degree with an emphasis in finance business or other relevant subject area with at least 3 years experience in institutional investment trading operations or other relevant role.
• Strong written verbal and interpersonal skills.
• Proficiency with Blackrock Solutions Alladin OMS Bloomberg and Excel; some experience with other electronic trading platforms desirable.
• Rigorous attention to detail proactive organized and efficient.
• Consistently demonstrates an ability to think quickly logically and apply good judgment.
• Ability to multi-task and manage conflicting priorities effectively in a dynamic market environment.
• A natural sense of curiosity and the drive necessary to self-educate utilizing the roles access to information and resources.

Preferred:

• CFA designation or demonstrated progress towards completion is desirable.

Additional Information

• This position requires you to work on-site in Minneapolis MN a minimum of 5 days a week.

Pay Transparency

Thrivents long-term growth depends on attracting rewarding and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract reward and retain top talent. The applicable salary or hourly wage range for this full-time role is $107125.00 - $144933.00 per year which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including but not limited to location relevant experience skills and knowledge business needs market demand and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including for example annual or long-term incentives); medical dental and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivents plans/policies are subject to change at any time at Thrivents discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race religion color sex gender identity sexual orientation pregnancy national origin age disability marital status citizenship status military or veteran status genetic information or any other status protected by applicable local state or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation please let us know by sending an email toor calland request Human Resources.