Job Description:

Position Summary

Guggenheim is seeking an experienced, motivated Securitized Products Trader to join our Fixed Income Desk. This role is for a trader that has an existing book of business and ability to start generating revenue upon joining Guggenheim.  Reporting directly to the Head of Fixed Income Trading, the candidate will be responsible for trading on behalf of customers and enhancing our presence in the marketplace. This position requires strong collaboration with our salesforce to facilitate customer requests, market the product and the sector, provide liquidity, and manage risk. The candidate will make markets in their sector, while providing superior client service.  

Essential Job Functions

• Bachelor’s degree in Business, Economics, Finance, Accounting preferred
• 7+ years of experience in the Fixed Income market either as a Trader or Portfolio Manager
• Must have existing relationships with institutional clients that can be leveraged to generate trades
• Must have ability to begin generating revenue upon joining Guggenheim’s trading business
• FINRA Series 7 and Series 63
• Quantitative and analytic skills including advanced use of Excel and VBA Macros
• Proven ability to assess risk and liquidity

Preferred Qualifications

• Ability to spot arising opportunities and assertiveness to seize them
• Excellent verbal and written communication skills; proven ability to communicate effectively with diverse constituents
• Ability to work effectively as part of a team or on an individual basis in a fast paced environment; easily adaptable to changing situations
• Fast decision making skills, mental discipline and ability to solve problems under pressure
• Demonstrated ability to use good judgment; maintain integrity at all times

Work Location 

• Currently, this role is expected to be in the New York office at least 4 days per week  

Salary

• Annual base salary of $175,000 - $190,000.
• The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us:

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.

For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.

Guggenheim Securities, LLC (“GS”) does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.