Calamos Investments ยท 1 month ago
Junior Fixed Income Trader
Naperville, IL
Full-time
Onsite
Entry Level
$85K/yr - $110K/yr
2+ years expCalamos Investments is a diversified, global asset and wealth management firm offering innovative investment strategies. The Junior Fixed Income Trader will minimize trading costs and maximize execution while supporting fixed income trading operations within a collaborative team, focusing on best execution in a fast-paced trading environment.
AdviceConsultingFinanceFinancial Services
No H1B
Responsibilities
Execute trades in corporate bonds, bank loans, municipal bonds, securitized products, US government securities, and preferreds while ensuring compliance with best execution and portfolio guidelines
Maintain and expand relationships with brokers and serve as liaison to the dealer community to facilitate trade execution
Utilize electronic trading venues (MarketAxess, Trumid, Tradeweb, Liquidnet, Bloomberg, etc) to facilitate best execution
Disseminate relevant market information to portfolio managers and analysts
Respond promptly to corporate actions (bond tenders, exchanges, calls, documentation changes)
Conduct fixed income market research focusing on relative value analysis, sector and industry trends, and contribute to trade idea generation
Monitor open positions, track market movements and economic indicators, maintain accurate trade documentation, and monitor new issue markets
Help draft market commentaries on weekly, monthly, and quarterly basis and prepare charts/analyses for client presentations
Work directly with portfolio managers and analysts to understand client needs and assist in trading oversight of separately managed accounts
Identify opportunities to streamline trading workflows, enhance analytical reporting tools, and serve as representative to committees as needed
Qualification
Required
Execute trades in corporate bonds, bank loans, municipal bonds, securitized products, US government securities, and preferreds while ensuring compliance with best execution and portfolio guidelines
Maintain and expand relationships with brokers and serve as liaison to the dealer community to facilitate trade execution
Utilize electronic trading venues (MarketAxess, Trumid, Tradeweb, Liquidnet, Bloomberg, etc) to facilitate best execution
Disseminate relevant market information to portfolio managers and analysts
Respond promptly to corporate actions (bond tenders, exchanges, calls, documentation changes)
Conduct fixed income market research focusing on relative value analysis, sector and industry trends, and contribute to trade idea generation
Monitor open positions, track market movements and economic indicators, maintain accurate trade documentation, and monitor new issue markets
Help draft market commentaries on weekly, monthly, and quarterly basis and prepare charts/analyses for client presentations
Work directly with portfolio managers and analysts to understand client needs and assist in trading oversight of separately managed accounts
Identify opportunities to streamline trading workflows, enhance analytical reporting tools, and serve as representative to committees as needed
Strong understanding of fixed income products and pricing mechanics, excellent quantitative and analytical skills with attention to detail, proven ability to work effectively under pressure in fast-paced environments, strong written/verbal communication skills for market commentary and client materials, demonstrated proficiency in fixed income market and economic research, knowledge of securities markets and forces that drive these markets
Bloomberg Terminal (advanced proficiency), Microsoft Excel (highly advanced including macros and financial modeling), Microsoft Office Suite, trading system software skills required
Must be eligible to work in the United States without sponsorship
Strong ethical standards and commitment to fiduciary responsibility
Ability to work well in team environment and serve as representative to committees as needed
Preferred
2-4 years experience in fixed income markets, credit analysis, trading, or related investment management roles with corporate bond trading/research experience strongly preferred
Bachelor's degree in Finance, Economics, Business Administration, or related field (CFA designation or progress toward CFA is a plus)
Series 7 and Series 63 licenses preferred (or ability to obtain within specified timeframe)
Experience with Charles River OMS or similar OMS
Additionally, experience with Python or similar coding languages for automation skill preferred
Benefits
Health and welfare benefits (medical, dental, vision, flexible spending accounts, and employer-paid short and long-term disability)
Retirement benefits (401(k) and profit sharing)
Paid time off
Paid parental leave
Other wellness benefits
Company
Calamos Investments
Calamos Investments is a global investment firm committed to excellence in investment management and client services.
201-500 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2004-10-28IPO
Leadership Team
John Koudounis
Chief Executive Officer
Dan Dufresne
Chief Operating Officer
Recent News
2025-12-10
2025-11-19
Company data provided by crunchbase