Jobs NYC

Trader at Elliott Management Corporation (NY, NY).Duties: Develop, execute, and manage global fixed income investment strategies. Responsible for all day-to-day execution and risk management of interest rate derivatives portfolio. Support portfolio management team(s) in trade selection and execution. Identify, structure, and review a wide range of investment ideas. Trade OTC options, futures, swaps, swaptions, spread and yield curve options, asset, and inflation swaps. Assess and qualify risks to trades and the securities and commodities portfolio. Gather and assimilate data to analyze the market climate for specific investments and risks. Closely monitor global fixed income market events and volatility that may necessitate risk adjustments or that create new investment opportunities. Develop and maintain spreadsheets for documenting, pricing, and monitoring transactions. Develop market relationships and inform all relevant parties of news and developments in existing and potential trades.Requirements: Bachelor’s in Finance, Economics, or a closely related field plus three (3) years of experience in any role/occupation/position at a sell-side firm. Experience must include: Working on an active distressed and high yield trading desk; Working within the healthcare, automotive, energy and utilities sectors; Executing credit investments (distressed and high yield, across bonds, loans, and Credit Default Swaps (CDS)); Maintaining relationships with large institutional and hedge fund asset managers focused on credit investments; Modeling credit portfolio factor risk, credit derivative swaps, multinomial jump to default, and jump to risk free scenarios for bonds/loans/CDS, comparable analysis for companies in any sector; Applying knowledge of CDS triggering events and auction dynamics and process; Identifying and implementing relative value opportunities in macro trading products (Interest rates, equities, commodities, cash, and synthetic credit indices) and single name capital structure; Generating and pitching single name credit investment ideas; Understanding bankruptcy and restructuring processes to assess different creditor incentives that indicate potential outcomes; Modeling and hedging interest rate risk across bonds/loans/CDS in Investment Grade, High Yield, and Distressed Credit; Creating and trading baskets of credit products via portfolio trading; Identifying and executing trade, insurance, subrogation, and other types of bespoke credit claims; Modeling and analyzing historical company financials to forecast forward earnings, leverage, and liquidity; Modeling and analyzing economic data and geopolitical news/events to infer market and portfolio risks; Applying Bloomberg skills, including extracting and evaluating large data pools, creating market monitoring systems, and using all chat and message features; Working with technology specialists to evaluate, improve, and create risk systems for a variety of credit products; and Working with sell side capital markets teams to identify primary new issue credit opportunities. Telecommuting permitted within normal commuting distance 2 days per week.Qualified applicants may send resumes to Elliott Management Corporation via email at recruitment@elliottmgmt.com, and reference Job Code # Td01.

Minimum Salary: 200000 Maximum Salary: 250000 Salary Unit: Yearly