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Neuberger Berman

Trader

Neuberger Berman, Chicago, Illinois, United States, 60290

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Trader

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Neuberger Berman .

Base pay range $110,000.00/yr - $130,000.00/yr

Position Overview The Trader will be responsible for execution and generating P&L for multiple fixed income portfolios, with a focus on trading and executing across a wide range of interest rate products including government bonds, interest rate swaps, futures, options, and other derivatives. The successful candidate will also provide trading support and market insight to senior members of the investment grade team, contributing to strategy development and portfolio construction.

Primary Responsibilities

Execute trades in interest rate products (e.g., government bonds, swaps, futures, options) in accordance with portfolio strategies and risk parameters.

Generate and manage P&L for assigned trading books, actively seeking alpha opportunities while maintaining a strong risk discipline.

Work closely with portfolio managers and research analysts to implement investment ideas, provide market color, and enhance execution strategies.

Analyze macroeconomic data, market trends, and technical factors to inform trading decisions and portfolio positioning.

Support the investment grade team in portfolio construction, risk management, and performance attribution.

Build and maintain relationships with sell-side counterparties and electronic trading platforms to ensure efficient execution and best pricing.

Monitor and report relevant market developments, trade flows, and liquidity conditions.

Ensure compliance with internal policies, regulatory requirements, and best execution standards.

Participate in investment meetings, contributing to strategy discussions and market updates.

Assist in performing Liability Driven Investment Research and Asset Liability Studies.

Experience & Skills Qualifications

Bachelor’s degree in Finance, Economics, Mathematics, or related field; advanced degree or CFA preferred.

3+ years of trading experience preferably in interest rate markets (bonds and derivatives) within an asset management, hedge fund, or sell-side environment.

Strong understanding of fixed income instruments, derivatives, and market microstructure.

Demonstrated track record of P&L generation and risk management.

Proficiency with trading systems (e.g., Bloomberg, Tradeweb) and Excel; familiarity with analytics tools and coding (e.g., Python, VBA) is a plus.

Excellent analytical, quantitative, and communication skills.

Ability to work collaboratively in a high-pressure, team-oriented environment.

High ethical standards and strong attention to detail.

The salary range for this role is $110,000-$130,000. This range is provided in good faith as of the posting and may be modified in the future. Pay will be based on factors including education, experience, skills, location, and market conditions. The role is also eligible for a discretionary bonus and a full benefits package as part of the total compensation.

Note:

No amount of pay is considered wages or compensation until earned, vested, and determinable. The amount and availability of any bonus or other compensation allocable to a particular employee remains at the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.

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