Job Information
Cabrera Capital Markets, LLC High Yield Sales Trader in Chicago, Illinois
Position: High Yield Sales Trader
Location: Onsite in either New York, Chicago, or Philadelphia
Compensation: Competitive Commission Level (Compensation will be tied to revenue generation)
Founded in 2001, Cabrera Capital Markets LLC is a growing investment bank and institutional brokerage firm. Headquartered in Chicago, IL the firm specializes in providing investment banking for municipal, corporate, and advisory clients, as well as institutional brokerage services for municipal bonds, global equities, taxable fixed income securities, preferred equities, and cash management services. The firm also has a growing Real Estate practice. Cabrera Capital is proud to be a certified Minority-Owned Business Enterprise (MBE) serving a diversified global client base that includes institutional entities across the globe.
Duties and Responsibilities:
Trade high yield, new issue and secondary bonds
Generate trade ideas, assess relative value, provide updates on important news flow and portfolio recommendations
Oversee multi-billion order flow of high yield securities in fixed income capital markets
Vet offerings and pitch trade ideas to the company’s portfolio management clients based on a deep understanding of mandate suitability
Build and maintain strong relationships with the dealer community in order to support access to secondary market liquidity and primary market deal flow
Identify relationships across markets and pitch potential trade opportunities that arise as a result
Manage business development for the expansion of services to existing clients and procuring new clients
Pro-actively communicates regularly with clients in an effort to manage expectations and help ensure client satisfaction
Continually develop relationships with existing Wall Street sales, trading and syndicate desks
Maintain and grow existing accounts and identify new key accounts
Work closely with other trading teams to ensure implementation of best practices
Manage risk in accordance with the Company’s desk policy
Requirements
Bachelors Degree (Finance/STEM degrees preferred)
Must have Active Series 7 and 63 license
Minimum of 5 years of relevant high yield experience
Team player with strong interpersonal skills
Excellent verbal and written communication skills
Strong quantitative and financial technology skills (Bloomberg, Excel, etc.)
Detail-oriented and ability to juggle multiple tasks effectively
Demonstrates sound judgment and ability to work independently
Benefits
Health Care Plan (Medical, Dental & Vision)
Retirement Plan (401k with company match, IRA)
Employee Profit Sharing Plan
Life Insurance (Basic, Voluntary & AD&D, Group Whole Life)
Short Term & Long Term Disability
Accident and Critical Illness Benefit Plans
Paid Time Off (Vacation time)
Follow the NYSE Holiday Schedule