Ameriprise US | Associate Fixed-Income Principal Trader

Responsibilities

• Applies market, liquidity, credit, concentration, operational, and inventory-risk controls to positions for which the role commits firm capital.
• The estimated base salary for this role is $81,700 – $112,300 per year.
• In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role.
• Owns end-to-end execution and resolution of assigned principal fixed-income transactions within established authority, capital, and risk limits, including independent buying and selling decisions for inventory positions.
• Executes in assigned and senior trader inventory books as needed, applying judgment to pricing and execution while escalating unusual or higher-risk matters.
• Owns assigned inventory positioning, bid coverage, pricing analysis, and trade-review deliverables with limited day-to-day direction.
• Evaluates relative value, competitive offerings, supply and demand, market movements, aging, concentration, and DV01 exposure to improve turnover, profitability, and disciplined capital use.
• Establishes hedge positions within delegated authority, including short U.S.
• Owns risk assessment for assigned decisions across market, liquidity, credit, concentration, operational, and inventory exposures.
• Owns analysis of advisor behavior, order flow, inventory turnover, and market trends and converts those insights into distribution and inventory actions.
• Owns assigned desk-development and operating-improvement deliverables, including transfer of knowledge from unusual market and risk scenarios.
• Establishes or recommends U.S.

Requirements

• Bachelor's degree in Finance, Economics, Business, Accounting, Mathematics, Statistics, or a related field, or equivalent relevant experience.
• Experienced fixed-income knowledge and demonstrated ability to explain why bonds are priced relative to competitive alternatives.
• Strong pricing, relative-value, inventory, hedging, and risk judgment using supply and demand, aging, concentration, DV01, and market information.
• Typically 5–7 years of transferable experience, including relevant financial-services, fixed-income, capital-markets, trading-support, operations, wealth-management, public-finance, investment, or related experience.
• Municipal-securities, principal-trading, inventory-management, or retail fixed-income distribution experience.
• Experience in externally comparable roles such as Associate Fixed Income Trader, Fixed Income Trader I, Municipal Trading Associate, or similar controlled-authority trading roles.
• Experience interpreting credit, pricing, yield, market technicals, advisor activity, inventory turnover, and market-data or trading-platform outputs.
• Working together, in-person, is foundational to how we achieve results.

Ameriprise US

Ameriprise US is an employer hiring in India. In its own words: "Get financial planning advice and retirement investment advice from Ameriprise financial advisors at ameriprise.com."

Its finance, accounts, audit and tax openings in India are mostly in Minneapolis, Allentown, Melville and Scottsdale.