Trading Assistant - High Yield Credit GroupNew York Life Insurance Company - New York City, NY
New York Life Investments (NYLIM), an indirect, wholly owned subsidiary of New York Life Insurance Company, is a top 25 global asset management firm. With more than $500 billion in assets under management, NYLIM is a premier investment management firm serving a variety of client segments including retail, institutional, insurance and defined contribution and benefit on a global basis. New York Life Investments offers a diverse set of investment capabilities ranging from traditional equity and fixed income to alternative investment strategies and multi-asset solutions. Renowned for its premier investment acumen and client focus, NYLIM's vision is to be one of the most trusted providers of investment management expertise and long-term financial security.
A $200+ billion asset management organization is seeking to add a Trading Assistant to its High Yield Corporate Credit Group. Current assets under management in the Group's portfolios exceed $13 billion and are growing. Portfolio strategies include institutional, total return, and CLO portfolios investing in high yield corporate debt and floating rate loans.
Responsibilities of the position are as follows:
*Support the traders and portfolio managers by executing trade entry, settlement, and discrepancy resolution *Undertake daily market research to support trading activity across multiple investment strategies *Prepare and maintain position reports, liquidity reports, etc. *Conduct technical research as directed by the traders *Develop dialogue with broker/dealer counterparties ultimately leading to direct trading responsibility
Requirements of the position include:
*2-4 years of relevant industry experience with a strong quantitative background *BA required *Familiarity with floating rate loans is a plus *Familiarity with BlackRock Solutions Aladdin trading/reporting system is a plus
The firm offers a competitive compensation package, a flexible benefits program, 401(k) with company match, a tuition assistance program, an on-site fitness center, a back-up child care center, and many other attractive benefits.
We are proud to be an equal opportunity employer. M/F/D/V.
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23 days 15 hours ago
applyTrading Assistant - High Yield Credit Group New York Life Insurance Company - New York City, NY, United States
New York Life Insurance has been providing life insurance policies in the Big Apple since it was a tiny seed. While the top mutual life insurer in the US has branched out a bit, it retains its core business: life insurance and annuities. Its products include long-term care insurance and special group policies sold through AARP and other affinity groups and professional associations. New York Life Investments' offerings include mutual funds for individuals and investment management services for institutional investors. Through New York Life International, the firm provides life policies in overseas markets. Founded in 1841, New York Life is owned by its policyholders.
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