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- Tasks: Join our team as a Fixed Income Trader, focusing on European and Emerging Markets.
- Company: Nuveen is a leading investment firm dedicated to delivering innovative financial solutions.
- Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a dynamic team shaping global trading strategies with real market impact.
- Qualifications: 2+ years in credit trading, finance degree required; MBA or CFA preferred.
- Other info: Work across global time zones and engage with top-tier portfolio managers.
The predicted salary is between 72000 - 108000 £ per year.
The Global Fixed Income team at Nuveen is looking to hire a Fixed Income Trader to expand their existing London team as they build out their additional global product offerings.
This role will focus on trading European Corporate and Government bond markets in addition to select Emerging Markets and the associated FX for a Global Bond ETF product . This will require a strong understanding of fixed income markets and trading protocols as well as knowledge of ETF product construction. As a member of the Global Trading Team you will also engage with portfolio managers and analysts to contribute to discussion regarding market trends, liquidity conditions and market technicals.
Key responsibilities:
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Serves as the primary trader for the firm’s Global ETF fund, executing trades across global developed and emerging markets with a strong understanding of local market structures, trading hours and liquidity dynamics.
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Supports the execution and development of trading strategies related to Global ETFs, including both primary (creation/redemption) and secondary market activities along with associated FX hedging requirements.
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Maintain and expand the existing low touch trading of liquid fixed income instruments and develop high touch trading competencies in each market traded on the London desk.
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Monitors market movements and trading environment dynamics to inform on the purchasing and selling of fixed income securities.
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Maintains portfolio records and prepares reports that detail the purchases and sales of fixed income securities.
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Seeks to controls trading costs on behalf of clients to support clients and manage funds.
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Monitors all trading processes and documentation to ensure practices comply with UCITS, MiFID II, and firm level standard policies and procedures.
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Maintains investment customer confidence by keeping order information confidential and cautioning others of potential breaches.
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Troubleshoots daily trade, settlement, and operational issues, ensuring seamless post-trade processes across global time zones, including Asia & EMEA
Qualifications & Experience Required
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Must have a proven track record of 2+ years of credit trading experience in Global/EM markets
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Bachelor\’s degree in Finance, Economics, or related field; MBA or IMC/CFA preferred
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Demonstrated experience with ETF creation/redemption processes
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Proven track record in fixed income securities trading across multiple markets
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Strong understanding of global market structures, trading hours, and liquidity dynamics
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Experience with FX hedging strategies and implementation
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Proficiency with Bloomberg Terminal, TradeWeb, MarketAxess and other relevant trading platforms
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Knowledge of UCITS, MiFID II regulations, and compliance requirements
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Excellent analytical skills with ability to interpret market movements and trading patterns
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Effective communication skills to collaborate with portfolio managers and operations teams
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Experience troubleshooting trade settlement issues across multiple time zones
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Ability to work effectively during non-standard hours to accommodate global markets
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Strong attention to detail with emphasis on accuracy in trade execution and record-keeping
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These additional qualifications align with the key responsibilities outlined in the job description, particularly focusing on the ETF product construction, regulatory knowledge, and cross-market expertise needed for the position.
Competencies Required
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Strong knowledge of fixed income markets, including bonds, ETFs, and derivative instruments
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Excellent understanding of global market structures, trading hours, and liquidity dynamics across developed and emerging markets
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Proficiency with electronic trading platforms and order management systems
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Ability to analyze market trends and execute timely trading decisions
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Experience with both high-touch and low-touch trading strategies
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Strong quantitative and analytical skills for evaluating trading costs and execution quality
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Excellent risk management capabilities
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Thorough knowledge of regulatory requirements including UCITS and MiFID II
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Detail-oriented with strong record-keeping and reporting abilities
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Effective problem-solving skills for resolving trade, settlement, and operational issues
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Ability to work collaboratively with portfolio managers and investment teams
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Strong communication skills to liaise with global teams across different time zones
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Adaptability to changing market conditions and trading environments
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Ethical decision-making and commitment to maintaining client confidentiality
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Nuveen Fixed Income Trader, Director - Based in London employer: TIAA
Contact Detail:
TIAA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Nuveen Fixed Income Trader, Director - Based in London
✨Tip Number 1
Familiarise yourself with the latest trends in European Corporate and Government bond markets. Understanding current market dynamics will not only help you in interviews but also demonstrate your proactive approach to staying informed.
✨Tip Number 2
Network with professionals in the fixed income trading space, especially those who have experience with ETFs. Engaging in conversations can provide insights into the role and may even lead to referrals within the industry.
✨Tip Number 3
Brush up on your knowledge of UCITS and MiFID II regulations. Being well-versed in these compliance requirements will show that you are serious about adhering to industry standards and can navigate regulatory landscapes effectively.
✨Tip Number 4
Demonstrate your analytical skills by preparing to discuss specific market movements and trading strategies during your interview. Having concrete examples ready will highlight your expertise and ability to make informed trading decisions.
We think you need these skills to ace Nuveen Fixed Income Trader, Director - Based in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in fixed income trading, particularly in Global and Emerging Markets. Emphasise your understanding of ETF product construction and any specific trading platforms you have used, such as Bloomberg Terminal or TradeWeb.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role at Nuveen and explain how your background aligns with their needs. Discuss your experience with credit trading and your ability to analyse market trends, as well as your familiarity with UCITS and MiFID II regulations.
Highlight Key Competencies: When detailing your qualifications, focus on your analytical skills, risk management capabilities, and experience with both high-touch and low-touch trading strategies. Provide examples of how you've successfully navigated trading environments and resolved operational issues.
Showcase Communication Skills: Since the role involves collaboration with portfolio managers and analysts, highlight your effective communication skills. Mention any experiences where you successfully worked with teams across different time zones, showcasing your adaptability and teamwork.
How to prepare for a job interview at TIAA
✨Showcase Your Trading Experience
Be prepared to discuss your previous trading experience in detail, especially in Global and Emerging Markets. Highlight specific examples of trades you've executed, the strategies you employed, and the outcomes. This will demonstrate your hands-on knowledge and expertise in fixed income markets.
✨Understand ETF Product Construction
Since the role focuses on Global Bond ETFs, make sure you have a solid understanding of ETF creation and redemption processes. Be ready to explain how these processes work and how they relate to trading strategies. This knowledge will set you apart as a candidate who is well-versed in the nuances of the product.
✨Demonstrate Analytical Skills
Prepare to showcase your analytical skills by discussing how you interpret market movements and trading patterns. You might be asked to analyse a recent market trend or provide insights on liquidity conditions. Being able to articulate your thought process will highlight your suitability for the role.
✨Familiarise Yourself with Regulations
Make sure you are well-versed in UCITS and MiFID II regulations, as compliance is crucial in this role. Be ready to discuss how you ensure adherence to these regulations in your trading practices. This will show that you understand the importance of regulatory frameworks in maintaining client confidence.