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P
PNC
Fixed Income Trader - Buy Side
Career Insights for Securities / Commodities Trader
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Scorecard
Based on Pennsylvania data
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What they do
A Securities or Commodities Trader trades securities or commodities electronically or on a trade or auction floor such as a stock exchange. Securities include stocks and bonds; commodities include products such as oil, gold, or corn. Monitors financial markets and the performance and price of different securities. Negotiates prices and terms for a sale or trade.
$144,288 / year median in Pennsylvania
+7% projected growth
Job Description
PA - Philadelphia (19103) Full time R231058
- Position Overview
- At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve.
Responsibilities include:
- Commitment to work collaboratively with a disciplined, team-based investment process
- Continuously demonstrate a proactive approach to sourcing securities and gauging market liquidity
- Work with market data and information to formulate appropriate security valuation
- Interface and maintain relationships with broker-dealers and underwriters as well as act as a conduit between dealer counter parties and internal business stockholders
- Utilize Bloomberg, portfolio and trade order management software
- Partner with portfolio managers to implement investment strategies, rebalance portfolios, and manage cash flows
- Communicate to a broad range of constituents including portfolio managers, analysts (credit and quantitative) and client portfolio managers
- Partner with technology and data teams to identify automation opportunities and improve trading desk productivity Preferred experience/skills:
- Buy side SMA or fund fixed income trading
- Tax-exempt municipal, taxable municipal, or corporate bond trading experience
- Experience in sourcing securities and liquidity in fixed income markets
- Exposure to or experience with fixed income electronic trading platforms
- Strong verbal and electronic communication ability
- Data collection and data analytic skills
- Experience utilizing AI-powered tools and platforms to enhance market research, trading workflows, and investment decision-making
- CFA or pursuing CFA PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance.
STEM OPT
for this position.- Job Description
- + Executes security trading in coordination with oversight from senior traders.
- Customer Focused
- - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions. +
- Managing Risk
- - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
- Qualifications
- Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.
- Preferred Skills
- Business Development, Capital Markets, Change Management, Credit Risk Analysis, Database Architecture, Design Thinking, Equity Trading, Financial Derivatives, Interest Rates, Portfolio Management
- Competencies
- Bond Trading, Client Relationship Management, Financial Analysis, Financial Services Industry, Regulatory Environment - Financial Services, Securities Laws and Regulations (SLR) Compliance, Trading
- Work Experience
- Roles at this level typically require a university / college degree, with 3+ years of relevant / direct industry experience. Certifications are often desired. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
- Education
- Bachelors
- Certifications
- No Required Certification(s)
- Licenses
- No Required License(s)
- Benefits
- PNC offers a comprehensive range of benefits to help meet your needs now and in the future.
- Disability Accommodations Statement
- If an accommodation is required to participate in the application process, please contact us via email at AccommodationRequest@pnc.
- Equal Employment Opportunity (EEO)
- PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law.
- California Residents
- Refer to the California Consumer Privacy Act Privacy Notice (https://content.