Junior Trader/ Associate, Fixed Income (18 Month Fixed Term)

at  AIMCo Alberta Investment Management Corporation

CLOSING DATE:

February 3, 2025
Opportunity
Work our way from Edmonton. Our flexible work style lets you work remotely while allowing regular visits to our vibrant offices, where you can soak up our culture and collaborate with colleagues.
Posting will close Sunday February 2nd at 11:59pm MT
The Junior Trader, Public Fixed Income, is a member of the Fixed Income Trading team who is responsible for executing all of AIMCo’s public fixed income transactions across global markets, including listed and OTC derivative instruments. Reporting to the Managing Director, Head of Cross Asset Trading, you will assist senior team members in managing the Public Fixed Income portfolio. This developmental role is integral in the Fixed Income Trading team and will interact seamlessly with trading peers by providing support for the trading process, adapting in real-time to changing circumstances and market conditions as required.

Responsibilities Include:

• Your primary role is to assist the other traders on the desk as required and to be responsible for market related activities. These activities include trade reconciliation with our counterparties, the maintenance of trading agreements and associated systems documentation, commissions management, and ongoing desk reporting needs. You must be prepared to act as a supervised backup to the other traders on the desk as market conditions warrant.
• Assisting with and executing trading in the associated market exposures of the Fixed Income team.
• Contributing to, evaluating, and being responsible for trade reconciliation and support, including running “what if” analysis on scenarios and monitoring the processes for stability, providing research and recommendations as appropriate.
• Preparing and analyzing trading desk activities and maintaining all necessary files and agreements associated with trading specific applications.
• Conducting preliminary analysis on transactions costs, including flagging information for further follow up, researching and applying appropriate quantitative analysis, and making recommendations as appropriate.
• Modelling new financial products and investment strategies as they develop within both listed cash securities and OTC derivatives.
• Remain vigilant for opportunities to enhance returns within our existing asset class infrastructure through both platform (custodian, prime brokers, collateral) and process (corporate actions, synthetic prime, margin optimization) improvements.

Our Ideal Candidate Qualifications:

• Possesses a University degree within Finance, Business, or Economics with demonstrated quantitative experience. Alternatively, a degree in a quantitative field such as Engineering supplemented with an MBA is acceptable.
• Must be organized, detail oriented and able to perform in an intense environment with the ability to adhere to critical time constraints
• Strong problem solving skills along with exceptional research and analytical abilities.
• Exemplifies continuous improvement and relentlessly creates high quality deliverables.
• Demonstrates excellent written, verbal and interpersonal skills.
• Self-starting, intellectually curious, and results focused
• Generate creative approaches to problems & opportunities, make informed decisions by thoroughly evaluating context and then taking informed actions all while recognizing the impact of the solutions
• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity and collaboration, and inspires the same in others

Success Measures:

• Initiative: Improve a situation without waiting for explicit instructions.
• Critical Thinking: Structure and process qualitative and quantitative data on complex issues and quickly develop insightful conclusions from it and outline the pros and cons of action.
• Adaptability: Respond quickly to changing circumstances and conditions. Cope effectively with complexity and change, alter behaviour to better fit different situations.
• Decisiveness: Make timely and appropriate decisions based on analysis, wisdom and sound judgment, often with incomplete situational information.
• Problem-solving Skills: Generate creative approaches to addressing problems/opportunities, make informed decisions by thoroughly evaluating context, take calculated risks and recognize the impact of solutions.

Next Steps
We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.
Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.
ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs
Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries

• Your primary role is to assist the other traders on the desk as required and to be responsible for market related activities. These activities include trade reconciliation with our counterparties, the maintenance of trading agreements and associated systems documentation, commissions management, and ongoing desk reporting needs. You must be prepared to act as a supervised backup to the other traders on the desk as market conditions warrant.
• Assisting with and executing trading in the associated market exposures of the Fixed Income team.
• Contributing to, evaluating, and being responsible for trade reconciliation and support, including running “what if” analysis on scenarios and monitoring the processes for stability, providing research and recommendations as appropriate.
• Preparing and analyzing trading desk activities and maintaining all necessary files and agreements associated with trading specific applications.
• Conducting preliminary analysis on transactions costs, including flagging information for further follow up, researching and applying appropriate quantitative analysis, and making recommendations as appropriate.
• Modelling new financial products and investment strategies as they develop within both listed cash securities and OTC derivatives.
• Remain vigilant for opportunities to enhance returns within our existing asset class infrastructure through both platform (custodian, prime brokers, collateral) and process (corporate actions, synthetic prime, margin optimization) improvements