Job Description

Developed Fixed Income Rates Strategist

Company Profile

Founded in 1977, GMO is a global investment manager committed to delivering superior long-term investment performance and advice to our clients. We offer investment strategies and solutions where we believe we are positioned to add the greatest value for our investors.

Responsibilities

• Generate investment ideas and opinions in the bond markets specifically focused on the government or risk-free parts of the market throughout the developed space (US, UK, Japan and Europe).
• Generate creative relative value trade ideas in the interest rate space that could be used in Developed Fixed Income or Asset Allocation portfolios.
• Develop an investment thesis on duration and curve positioning for existing Developed Fixed Income portfolios, as well as any new portfolios.
• Stay up to date on interest rate and currency markets, highlight noteworthy changes to the Fixed Income Quant team, as well as Asset Allocation.
• Leverage a fundamental framework while considering quantitative inputs to develop fundamental views to complement and improve our existing interest rate models.
• Research and propose duration positioning within all developed markets (both US and overseas) within Asset Allocation Fixed Income portfolios.
• Understand the objectives, constraints and positioning for each of the Asset Allocation strategies.
• Partner with Asset Allocation to determine duration and key rate targets.
• Translate model output into positioning and trades.
• Ensure proper positioning and risk targets.
• Provide detailed performance and attribution reporting.
• Act as an effective sounding board, engage in intellectual debate with Asset Allocation to result in the best outcome for the portfolios.
• Partner with the Fixed Income Quant Research team to think critically about model output:
• Evaluate and assess any hidden risks that would make the model vulnerable in the market environment.
• Consider and propose what research or enhancements would be most helpful for the portfolios.
• Evaluate if the portfolio construction process provides the right balance of risk contribution.
• Communicate effectively across Developed Fixed Income and Asset Allocation.

Requirements

• 8+ years of industry experience, including relevant Fixed Income investment experience.
• The individual should be a self-starter with a demonstrated passion for investing.
• A strong understanding of financial markets, and an understanding of Fixed Income analytics is required.
• The individual should have the ability to both generate and effectively communicate portfolio ideas through effective spoken communication, across both Developed Fixed Income and Asset allocation, as well as with other investment teams.
• Demonstrated experience generating and implementing high conviction investment ideas in G10 rates and FX.
• Deep understanding of individual risk factorsincluding duration, curve, and liquidity riskswith a demonstrated ability to identify, quantify, and mitigate exposures through both analytical tools and market intuition.
• Extensive knowledge of G10 sovereign bond markets, macroeconomic drivers, and their impact to underlying investment strategies.
• Expertise in the technical structure and market dynamics of FX and interest rate related securities, including forwards, futures, swaps, options, and sovereign bonds. Experience with inflation linked products a plus. Trading experience a plus.
• Effective oral and written communicator with the ability to work closely with Portfolio Management, Research, and Trading to integrate views and refine strategies across fund vehicles.
• Ability to work in a collaborative, intellectually rigorous environment.
• Experience with Python, Matlab, or related programming languages a plus.

Compensation and Benefits

$150,000 - $175,000 a year. In addition, this position is eligible for a discretionary annual bonus award, which award may be determined by individual, team, department and firm performance, and is subject to the terms of GMOs compensation plan. This position is also benefits eligible. GMOs comprehensive benefits program includes medical insurance, dental insurance, life insurance, long-term disability coverage, a 401(k)/profit-sharing retirement plan, open paid time off, leaves of absences, dependent care resources, tuition reimbursement, charitable gifts matching, flexible spending accounts, and commuter benefits.

EEO Statement

GMO is committed to the recruitment, employment, and promotion of all candidates equally, regardless of an individual's gender, race, color, national origin, ancestry, age, religion, pregnancy, marital status, sexual orientation, gender identity or expression, military or veteran status, genetic information, physical or mental disability (except where such disability is a bona fide occupational disqualification) or any other classification protected under federal, state or local law.

Job Tags

Similar Jobs