High Yield Trader

Are you a skilled and experienced High Yield Trader looking for a new opportunity? Look no further! Northern Trust is seeking a highly motivated and results-driven individual to join our team as a High Yield Trader. In this role, you will be responsible for executing trades and managing positions in high yield fixed income securities. We are looking for someone with a strong understanding of the market, excellent analytical skills, and a proven track record of success in trading high yield securities. If you are passionate about the financial industry and thrive in a fast-paced environment, we want to hear from you. Come join our dynamic team and take your career to the next level with Northern Trust.

1. Execute high yield fixed income trades in a timely and efficient manner.
2. Monitor and manage high yield positions to ensure adherence to investment objectives and risk parameters.
3. Conduct thorough market analysis and research to identify trading opportunities and make informed decisions.
4. Develop and maintain relationships with key market participants, including brokers and dealers.
5. Collaborate with portfolio managers and other team members to develop and implement trading strategies.
6. Monitor and assess market conditions to identify potential risks and adjust trading strategies accordingly.
7. Utilize advanced financial models and tools to analyze and evaluate trade opportunities.
8. Maintain accurate and up-to-date trade records and reports.
9. Continuously stay updated on industry trends, news, and developments to inform trading decisions.
10. Adhere to all regulatory and compliance requirements and internal policies and procedures.
11. Communicate effectively with internal and external stakeholders to provide updates and advice on market trends and trading activities.
12. Mentor and train junior traders and support staff as needed.
13. Collaborate with other departments, such as research and risk management, to provide insights and support investment decisions.
14. Proactively identify and suggest improvements to processes and procedures to enhance trading efficiency and effectiveness.
15. Represent Northern Trust in a professional and positive manner at industry events and conferences.

According to JobzMall, the average salary range for a High Yield Trader in Chicago, IL, USA is $105,000 - $150,000 per year. This can vary based on factors such as level of experience, education, and the specific company or financial institution the trader works for. Bonuses and other forms of compensation may also be included in the overall salary package for a High Yield Trader.

Northern Trust Corporation is a financial services company that caters to corporations, institutional investors, and ultra high net worth individuals. It is one of the largest banks in the United States and one of the oldest banks in continuous operation.