PNC Fixed Income Trader 

United States, Pennsylvania, Philadelphia 

435444068

This position is primarily based in a PNC location. Responsibilities require time in the office or in the field on a regular basis.  Some responsibilities may be performed remotely, at manager’s discretion.Responsibilities:• Commitment to work collaboratively with a disciplined, team-based investment process
• Continuously demonstrate a proactive approach to sourcing securities and gauging market liquidity
• Work with market data and information to formulate appropriate security valuation
• Interface with all trading partners and act as a conduit between dealer counter parties and internal business stockholders
• Utilize Bloomberg, portfolio and trade order management software
• Communicate to a broad range of constituents including portfolio managers, analysts (credit and quantitative) and client portfolio managersPreferred experience/skills:*Buy side SMA or fund fixed income trading
*Tax-exempt municipal, taxable municipal, or corporate bond trading experience
*Experience in sourcing securities and liquidity in fixed income markets
*Exposure to or experience with fixed income electronic trading platforms
*Strong verbal and electronic communication ability
*Data collection and data analytic skills
*Python/VB/VBA exposure or experience
*CFA or pursuing CFA
Job Description

• Executes security trading strategy in coordination with portfolio management team. Manages the risk profile within all applicable limits.
• Executes security transactions within assigned risk profile and makes effective, generally accepted recommendations. Coordinates trade strategy with portfolio manager to achieve optimal risk and return positioning.
• Performs risk analyses and effectively recommends portfolio/positioning strategies to portfolio management team. Independently analyzes reports and identifies issues related to trade position and activity. Monitors market conditions and manages risk.
• Works with internal partners to develop pitches. Draws independent conclusions and makes generally accepted recommendations based on data, to provide client relationship support. Initiates capital markets research for use by portfolio management and securities analyst teams.
• Ensures compliance by applying extensive knowledge of capital markets, market structure and regulatory issues. Initiates process improvement solutions.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and requiredneeded to be successful in this position.

Bond Trading, Client Relationship Management, Financial Analysis, Financial Services Industry, Regulatory Environment - Financial Services, Securities Laws and Regulations (SLR) Compliance, TradingRoles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.No Required Certification(s)No Required License(s)PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include: medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options; employee and spouse/child life insurance; short and long-term disability protection; 401(k) with PNC match, pension and stock purchase plans; dependent care reimbursement account; back-up child/elder care; adoption, surrogacy, and doula reimbursement; educational assistance, including select programs fully paid; a robust wellness program with financial incentives. In addition, PNC generally provides the following paid time off, depending on your eligibility*: maternity and/or parental leave; up to 11 paid holidays each year; 8 occasional absence days each year, unless otherwise required by law; between 15 to 25 vacation days each year, depending on career level; and years of service.

California Residents

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