Corporate Bond Trader

Posted 20 Days Ago
Be an Early Applicant
Merrimack, NH, USA
In-Office
Expert/Leader
Fintech
The Role
Support taxable corporate bond strategies by sourcing and executing trades, maintaining dealer relationships, contributing to desk quantitative analytics, partnering with PMs, analysts and internal teams, and representing the trading desk in meetings and client engagements.
Summary Generated by Built In
Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

The corporate bond trader will be an integral member of the fixed income taxable bond investment team. The taxable bond team consists of portfolio managers (PMs), research analysts and traders that work together to make informed investment decisions that benefit our shareholders. This role will directly support our corporate bond market strategies across different investment teams. Candidates for the position will possess exceptional corporate trading acumen, market knowledge, thought leadership, and communication skills.

The Value You Deliver

  • Partner with PMs, research analysts and fellow traders to generate investment ideas that have positive impact on our investment performance.

  • Source investment opportunities and access liquidity in the marketplace. Negotiate and execute trades on behalf of our portfolios.

  • Maintain strong dealer relationships (sales, trading, and syndicate).

  • Work with desk-dedicated quant research staff and contribute to the development of relevant quantitative analytics and desk-specific solutions.

  • Partner with technology, compliance, legal, operations, and other internal groups to provide best-in-class service and execution capabilities to the portfolios.

  • Represent the trading desk in periodic team meetings, client engagements and other ad hoc forums.

The Expertise and Skills You Bring

  • 10+ years sell-side or buy-side experience trading corporate bonds and credit derivatives.

  • Bachelor’s degree required, preferably in Engineering, Computer Science, Mathematics, Finance, or other relevant quantitative subject area.

  • Strong analytical ability along with excellent communication skills.

  • Aptitude for using new technologies to enhance our workflow, trading systems, and advance a quantitative approach where applicable.

  • Must be team oriented. Committed to transparent collaboration with PMs, fundamental and quantitative analysts as well as fellow traders.

  • Familiar with front-to-back-office operations, and highly proficient with trading technology.

  • Ability to multi-task in a fast-paced environment with a consistent focus on accuracy.

  • Ability to think creatively and independently while working in a collaborative environment.

The Group

Fidelity’s Fixed Income division is one of the leading managers of bond and money market instruments with over $2 trillion in fixed income assets. The Fixed Income team combines fundamental research on domestic and international debt issuers with macroeconomic and quantitative analysis to develop investment decisions that stay true to each portfolio’s defined investment mandate, while aiming to maximize risk-adjusted total return for our clients. Our goal is to use our financial expertise to help people achieve their financial goals and live the lives they want. The Fixed Income division is headquartered / located primarily in Merrimack, New Hampshire, one hour north of Boston.

Fidelity’s Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications:

Category:Investment Professionals

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Skills Required

  • 10+ years sell-side or buy-side experience trading corporate bonds and credit derivatives.
  • Bachelor's degree.
  • Bachelor's degree preferably in Engineering, Computer Science, Mathematics, Finance, or another quantitative subject.
  • Strong analytical ability and excellent communication skills.
  • Aptitude for using new technologies to enhance workflow and trading systems; quantitative approach where applicable.
  • Familiarity with front-to-back-office operations and high proficiency with trading technology.
  • Team oriented with commitment to transparent collaboration with PMs, analysts, and traders.
  • Ability to multi-task accurately in a fast-paced environment.
  • Ability to think creatively and independently while working collaboratively.

Fidelity Investments Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fidelity Investments and has not been reviewed or approved by Fidelity Investments.

  • Strong & Reliable Incentives Bonuses, commissions, and profit-sharing are presented as generous and meaningful components of total compensation, with certain roles achieving high total earnings through multiple pay streams. Variable pay is consistently framed as a positive contributor beyond base salary.
  • Retirement Support A 401(k) match up to 7% alongside additional profit-sharing up to 10% materially enhances long-term compensation. These retirement features are highlighted as standout strengths of the overall package.
  • Parental & Family Support Generous paid parental leave (16 weeks maternity, 12 weeks parental), backup dependent care, and adoption assistance provide robust family support. Hybrid work and caregiving resources further ease family responsibilities.

Fidelity Investments Insights

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The Company
HQ: Boston, MA
58,848 Employees
Year Founded: 1946

What We Do

At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products. Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.

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