Junior Trader / Trade Support

COMPANY

Allspring Global Investments is a leading independent asset management firm that offers a broad range of investment products and solutions designed to help meet clients' goals. At Allspring, our vision is to inspire a new era of investing that pursues both financial returns and positive outcomes. With decades of trusted experience propelling us forward, we strive to build portfolios aimed at generating successful outcomes for our clients. We do this through the independence of thought that powers our investment strategies and by bringing a renewed approach to look around the corner to unlock what's possible. Allspring is a company committed to thoughtful investing, purposeful planning, and the desire to deliver outcomes that expand above and beyond financial gains. For more information, please visit About Us - Allspring Global Investments.

At Allspring, unique views inspire us. We leverage the diversity of people, ideas, and skills to help our clients pursue their financial goals. We strive to attract and retain a diverse talent pool that enables us to better serve our global client base. Intentionally fostering a diverse and inclusive culture allows us to empower innovation, productivity, and engagement. It's also essential for elevating the experience of our clients as well as the communities in which we operate. Thank you for considering Allspring as you explore the next step in your career journey.

POSITION

This entry level role will have a focus on trade support, including trade entry, report generation, compliance and risk management, within the Core Fixed Income universe. The trading assistant will work directly with senior traders and portfolio managers in the investment grade credit, securitized products, and interest rate markets in order to enhance the trading desk's efficiency, manage operational risk and ensure investment compliance. The role will require developing an understanding of how the trading desk and portfolio/risk management operate as well as how macroeconomic themes impact interest rates. The role with be within the Core Fixed Income team, which manages approximately $34BB in assets in an actively traded relative value strategy.

We currently operate in a hybrid working model, whereby you will be required to work in-office 3 days a week.

Location(s): Walnut Creek, CA

RESPONSIBILITIES

• Support the trading desk on a daily basis - generate daily reports, assist in managing and hedging cash flows, enter trades into risk and portfolio management systems, ensure appropriate trade allocation, ensure adherence to all investment guidelines
• Develop relationships with operations, settlements and our counterparties to ensure the smooth resolution of issues
• Develop an understanding of fixed income trading fundamentals and tools, particularly as they relate to the Core Fixed Income Team's philosophy and process
• Develop a strong understanding of the macroeconomic fundamentals and their impact on fixed income markets
• Communicate market data to the trading team on a real time basis

CANDIDATE

The Ideal candidate for this role will be a driven, detail-oriented person who can work well within a team structure. They should have a strong interest in the markets and want to continue to learn more about them.

REQUIRED QUALIFICATIONS

• Highly detail oriented
• Microsoft Excel experience designing and running macros
• Ability to work effectively, as well as independently, in a fast-paced team environment
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational, multi tasking, and prioritizing skills
• Strong quantitative and qualitative analysis skills
• Applicants are required to hold a bachelor's degree by the time the training program begins

PREFERRED QUALIFICATIONS

• Experience working with research tools such as Bloomberg
• Fixed income markets experience and/or a demonstrated interest in markets
• Proven analytical, problem solving, and quantitative abilities that can be demonstrated through coursework in finance, accounting, statistics, and math, as well as in work-related and project management experience

Base Pay Range: $90,000 - $110,000

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary bonus programs, or other annual or non-annual incentive or sales plans.)

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We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.