Fixed Income Trade Associate

Description

Thornburg is a global investment firm delivering on strategy for institutions, financial professionals and investors worldwide. The privately held firm, founded in 1982, is an active, high-conviction manager of fixed income, equities, and multi-asset solutions.

As an independent firm, Thornburg can take on a wide range of opportunities, explore ideas thoroughly and work across strategies to deliver consistent risk-adjusted outperformance over the long term. The firm attracts free-thinking professionals who are eager to pursue investment outcomes beyond the confines of popular wisdom. From nimble operational capabilities to principles and actions fitting of a global citizen, Thornburg’s world-class investment platform and team are aligned on strategy to serve investors.

Job Summary

The Fixed Income Trade Associate will work primarily with a Portfolio Manager to ensure all mutual funds, UCITs and other assigned accounts have the necessary daily liquidity to meet their cash needs. The associate will work with fund accounting and utilize various systems such as Bloomberg to monitor these needs. This individual will then invest any remaining cash in money market instruments such as commercial paper and U.S. Treasury bills, among others. The associate will ensure all investments meet regulatory and client investment guidelines.

Duties and Responsibilities

• Monitor assigned accounts to ensure there is sufficient cash to meet daily liquidity needs.
• Buy and sell money market instruments such as commercial paper and U.S. Treasury bills.
• Assess relative value across various money market instruments to provide an attractive return that is consistent with capital preservation on cash in accounts while also ensuring those accounts will have liquidity as needed.
• Ensure all money market investments adhere to regulatory and client-specific rules.
• Maintain the list of issuers approved by a Portfolio Manager for credit investments such as commercial paper.
• Monitor issuers on the approved list for fundamental credit changes and make recommendations to the Portfolio Manager for changes to the list.
• Collaborate with Fund Accounting, Settlements, Operations, and other departments, as needed.

Requirements

Job Benefits

Santa Fe is the capital of New Mexico. Founded in 1610 and nicknamed "The City Different," Santa Fe captures hearts and minds with its museums, restaurants, theater, opera, and adobe-style architecture. With an average of over 300 sunny days per year and picturesque landscape, it's no wonder that outdoor activities such as skiing and hiking in "The Land of Enchantment" attract visitors from around the world.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, disability, gender, gender identity or protected veteran status.

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