Now Hiring - Penserra - Fixed Income Salesperson in Orinda, CA

Full description of the position

About the Firm

Penserra is a diversified financial services firm offering global equity trading, fixed income trading, investment banking, ETF Sub-advising, wholesale trading and global equity management to some of the largest and most sophisticated institutions in the country. Our firm holds to the conviction that there is a better way for a financial services firm to create value. Powered by our people and innovation, Penserra strives to provide its clients with superior service and exceptional results. Our people are what makes our mission possible and why we are dedicated to creating an inclusive and diverse culture where all our colleagues feel welcomed and valued.

• Functional Title: Fixed Income Salesperson
• Corporate Title: Vice President (or higher)
• Assignment: Full Time (Permanent)

Description & Qualifications:

The Fixed Income Group’s current business includes Corporate bonds (secondary and new issue placement), Money Markets, CP/DN’s Agency securities (secondary and underwritten as FHLB and FNMA approved dealer), MBS, CMBS (agency and private label), Municipal (secondary trading), High Yield and Emerging Market.

• Minimum 2-3 years’ experience with an existing book of business
• Individual and team applications welcome

Responsibilities:

• Strengthen existing relationships while maximizing revenue.
• Create new client relationships.
• Effectively use tools such as Bloomberg for analytics, research and communication.
• Keep market-making traders abreast of the relevant issues with their clients.
• Responsible for executing trading assignments and single security orders in accordance with agreed upon instructions from the firm.
• Ability to create, maintain and unwind various hedging strategies using multiple methods alongside program trading assignments.
• Take ownership for regional best execution responsibilities and ongoing counterparty execution quality and analysis.
• Understand, comply and implement necessary regulatory responsibilities for portfolio execution.
• Send trade confirms and assist with trade settlement for account.
• Work with trading and compliance to create and maintain procedures and documentation for operations best practices.

Schedule/Location:

• Market Hours
• Position can be based in any of the following offices: Chicago, IL / New York, NY / Orinda, CA

Compensation/Benefits:

As a Penserra employee, your benefits include Medical, Dental, Vision, Long-Term Disability and Life insurance, along with a 401(k) plan with match.

Required Education/Licenses:

• Series 7
• Series 63
• Bachelor’s degree or higher

Penserra is an equal opportunity employer. It complies with all laws and regulations that prohibit discrimination in employment practice because of race, color, religion, creed, ancestry, marital status, gender, age, national origin, sexual orientation, discharge from the military service or based on a physical or mental disability that is unrelated to the employee's ability to perform the duties of the job applied for.

Job Type: Full-time

Pay: $55,000.00 - $65,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Day shift
• Monday to Friday

Education:

• Bachelor's (Required)

Work Location: Hybrid remote in Orinda, CA 94563