Key responsibilities
- Execute portfolio manager orders across government bonds, corporates, securitized products, municipals, money markets, and related derivatives while minimizing implementation shortfall.
- Source liquidity across dealer axes, all-to-all venues, RFQ protocols, portfolio trading workflows, and voice channels when electronic depth is thin.
- Document best execution rationale with quote trails, market color, timing, venue choice, counterparty selection, and post-trade analysis.
- Monitor yield curves, credit spreads, cross-currency basis, central bank policy, issuance calendars, and portfolio risk limits before and after execution.
- Coordinate with portfolio managers and analysts on trade urgency, benchmark drift, cash needs, duration targets, sector tilts, and security-level liquidity constraints.
- Resolve post-trade exceptions with operations, compliance, custodians, and counterparties so allocations, confirmations, and settlements meet market deadlines.