1+ months

Junior ABS Trader

Guggenheim Partners
Santa Monica, CA 90401
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  • Job Code
    124055553
Guggenheim Partners

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

ID: 2020-1316


Position Summary

Guggenheim Partners is looking for a Junior ABS Trader to join the Santa Monica office. The Junior ABS trader is responsible for assisting in the maintenance of market coverage, investment sourcing, and primary and secondary market trade execution in ABS and CLOs.

Essential Job Functions

  • Trade ABS and CLO in primary and secondary markets
  • Maintain up to date knowledge of market conditions, flows, and primary new issuance across ABS and CLO markets
  • Maintain dialogue and constructive relationship with Wall Street dealers to maintain access to new issuance and market information flow.
  • Aggregate market information and data to develop presentations to senior management, sales and marketing, and clients regarding market conditions and pricing.
  • Understand structural terms and relative value framework for Research potential ABS debt investments to include Aircraft, Containers, Royalty, Whole Business, Auto, Credit Card, Consumer Loans, Commercial Receivables, Future Flows.
  • Ensure best execution for all desk trading activity. Provide documentation and support for compliance and audit functions.
  • Determine high-interest security types. Communicate high-interest opportunities to central allocations to gauge client demand.
  • Monitor markets for potential investments, liquidity, relevant market color and trends, communicating important observations within group and to other key stakeholders within Guggenheim.
  • Support pricing, reconciliations and operations groups.
  • Supervise complex settlement issues.
  • Act as primary point of contact for broker-dealers, maintaining strong relationships in an effort to source attractive investments and enjoy liquidity.


Preferred Qualifications

  • Experience with industry standard tools including Intex and BlackRock Solutions
  • Strong credit, finance, economic, business and technical skills.
  • Intermediate to advanced Excel skills
  • Strong written and verbal communication skills
  • Ability to multi task across analytical, administrative, and research activities in a detail oriented and timely manner.
  • Strong commitment to performance and accuracy of work product.
  • Team oriented individual with ability to work well with diverse groups.


Basic Qualifications

  • 1-3 years in research, analysis, structuring and/or trading of ABS and CLOs
  • MBA or graduate degree in a Quantitative field preferred
  • CFA charter or commitment to complete the program required


About Us

About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with expertise in fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our team of investment professionals performs rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results.
About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with three primary businesses: investment management, investment banking, and insurance services. We have a track record of delivering results through innovative solutions, with professionals based in offices around the world. Our commitment is to advance the strategic interests of our clients and to deliver long-term results with excellence and integrity. You can learn more about our expertise and values by visiting GuggenheimPartners.com and following us on Twitter at twitter.com/guggenheimptnrs.

To succeed in the Guggenheim culture, candidates must be self-starters and strive for results. We are looking for people who operate as business owners, adhere to the highest standards and think creatively to realize opportunities, wherever they may be.

Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


PI124055553
Posted: 2020-09-25 Expires: 2020-10-27

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Junior ABS Trader

Guggenheim Partners
Santa Monica, CA 90401

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