Nuveen Fixed Income Trader, Director - Based in London
Posted 1 day 3 hours ago by TIAA
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:
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.
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.
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.
Monitors market movements and trading environment dynamics to inform on the purchasing and selling of fixed income securities.
Maintains portfolio records and prepares reports that detail the purchases and sales of fixed income securities.
Seeks to controls trading costs on behalf of clients to support clients and manage funds.
Monitors all trading processes and documentation to ensure practices comply with UCITS, MiFID II, and firm level standard policies and procedures.
Maintains investment customer confidence by keeping order information confidential and cautioning others of potential breaches.
Troubleshoots daily trade, settlement, and operational issues, ensuring seamless post-trade processes across global time zones, including Asia & EMEA
Qualifications & Experience Required
Must have a proven track record of 2+ years of credit trading experience in Global/EM markets
Bachelor's degree in Finance, Economics, or related field; MBA or IMC/CFA preferred
Demonstrated experience with ETF creation/redemption processes
Proven track record in fixed income securities trading across multiple markets
Strong understanding of global market structures, trading hours, and liquidity dynamics
Experience with FX hedging strategies and implementation
Proficiency with Bloomberg Terminal, TradeWeb, MarketAxess and other relevant trading platforms
Knowledge of UCITS, MiFID II regulations, and compliance requirements
Excellent analytical skills with ability to interpret market movements and trading patterns
Effective communication skills to collaborate with portfolio managers and operations teams
Experience troubleshooting trade settlement issues across multiple time zones
Ability to work effectively during non-standard hours to accommodate global markets
Strong attention to detail with emphasis on accuracy in trade execution and record-keeping
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
Strong knowledge of fixed income markets, including bonds, ETFs, and derivative instruments
Excellent understanding of global market structures, trading hours, and liquidity dynamics across developed and emerging markets
Proficiency with electronic trading platforms and order management systems
Ability to analyze market trends and execute timely trading decisions
Experience with both high-touch and low-touch trading strategies
Strong quantitative and analytical skills for evaluating trading costs and execution quality
Excellent risk management capabilities
Thorough knowledge of regulatory requirements including UCITS and MiFID II
Detail-oriented with strong record-keeping and reporting abilities
Effective problem-solving skills for resolving trade, settlement, and operational issues
Ability to work collaboratively with portfolio managers and investment teams
Strong communication skills to liaise with global teams across different time zones
Adaptability to changing market conditions and trading environments
Ethical decision-making and commitment to maintaining client confidentiality