Posted 52 months ago
Junior Fixed Income Trader
@ Bay Street Staffing
Toronto, Ontario
Overview
Bay Street Staffing is hiring a junior fixed income trader for an investment team running actively managed global fixed income and credit alternative strategies. The role supports portfolio managers with cash management, daily P&L reconciliation, market monitoring and trade ideas, and risk limit monitoring. A CFA or CA is highly regarded and advanced spreadsheet skills are required.
Responsibilities:
- Monitor cash management for fixed income funds and segregated accounts
- Monitor daily administration and P&L reconciliation
- Track global fixed income markets and contribute views
- Formulate trade ideas with portfolio managers and traders
- Monitor risk and hedging within fund limits
Requirements summary:
- Relevant undergraduate or graduate degree
- CFA or CA highly regarded
- Understanding of bond formulas and credit/rate derivatives
- Exceptional understanding of fixed income valuation
- Advanced spreadsheet skills
Tools & skills
Source and dates
Source type not verified · zoho
- Employer posting date
- 2022-08-07
- First seen by our source
- 2026-10-15
- Source record updated
- 2026-10-15
These dates describe the source record, not a live verification that the employer is still hiring. Check the original posting.
Job details
| Seniority | Entry level |
| Department | Finance & accounting |
| Hours per week | 40 (estimated) |
| Travel | air: none · ground: none |
| Work setting | Office |
| Position | Mostly sitting |
| Physical demands | physical low · computer high |
| Languages | English |
| Licences & certifications | CFA, CA |
| Education | Bachelor’s degree (required), Master’s degree (preferred) |
| Fields of study | Business, Economics, Mathematics, Engineering |
Summary and details written by AI from the posting; the employer’s posting is the authority.
Bay Street Staffing
Saved company profile
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Bay Street Staffing is Canada's leading boutique recruitment agency.
Full company description
Bay Street Staffing is a Leader in the boutique staffing sector—offering fast, agile, exceptional customer service. We have partnered with some of Canada’s largest organizations to help them deliver the talent they are looking for. Building solid relationships built on trust and integrity is our signature at Bay Street Staffing. Bay Street offers expert, specialized recruiting practices that result in sought-after matches between candidates and employers. Today’s challenging business climate demands that companies hire the best talent to maintain a competitive edge. Bay Street Staffing’s consultants offer specialized insight into local markets, employment trends, global networks and the impact on the Canadian workforce.
- LinkedIn followers
- 131,054
- People associated on LinkedIn
- 38
- Reported office locations
- 301 King St. West 2nd Floor, Toronto, ON M5V1J5, CA
- Other recorded names
- Bay Street Staffing
- Specialties
- Recruitment
- Human resources
- Talent Acquisition
- Sales
- Capital Markets
- Agile
- Fintech
- Scrum
- Team Management
- Agile Methodologies
- Marketing
- Social Media Marketing
- CIM
- Finance
- Securities
- Investments
- Business Development
- and Employee Engagement
- Profile identifies a recruitment agency
- Yes
Bay Street Staffing is a Leader in the boutique staffing sector—offering fast, agile, exceptional customer service. We have partnered with some of Canada’s largest organizations to help them deliver the talent they are looking for. Building solid relationships built on trust and integrity is our signature at Bay Street Staffing. Bay Street offers expert, specialized recruiting practices that result in sought-after…
| Field | Value |
|---|---|
| Industry | Staffing and Recruiting |
| Company size | 11-50 employees |
| Headquarters | Toronto, ON |
| Organization type | Privately Held |
| Year founded | 2010 |
| Specialties | RecruitmentHuman resourcesTalent AcquisitionSalesCapital MarketsAgileFintechScrumTeam ManagementAgile Methodologies |
| Open jobs on Jobsy | 40 |
| View page |
The Opportunity:
Seeking a highly motivated individual to join the investment team in the role of a junior fixed income trader. Our fixed income & credit alternative strategies provide actively managed, global exposures in a non-equity correlated asset class. Our strategies aim to protect against interest rate risk. Guarding against the potential loss of capital that could occur if interest rates rise and, as a direct result, bond prices fall. In addition, we actively manage the credit and geographic exposures of each of our strategies. With a focus on absolute returns and low correlations to equity markets, these strategies form an important part of our clients’ asset mix.
Responsibilities
- Monitor and work closely with portfolio managers on cash management activities for fixed income funds as well as required segregated accounts.
- Monitor day-to day administrative issues in support of trading activities as well as daily pnl reconciliation.
- Monitor market activity in global fixed income markets, and pro-actively contribute views and commentary to enhance the investment process.
- Work in conjunction with Portfolio Managers/Traders to formulate and recommend profitable trade ideas for various trading strategies.
- Monitor risk to ensure that hedging and cash balances are maintained within fund limits
- Engage with internal technology and analytics groups to enhance systems, analytics and trading activity.
Qualifications
- Undergraduate/Graduate Degree(s) in relevant subject such as Business, Economics, Mathematics, Engineering.
- CFA (or enrollment in program) and/or CA highly regarded
- Understanding of bond formulas, basics of credit/rate derivatives, macro risk factors and implications for risk management.
- Exceptional understanding of fixed income markets and valuation analysis
- Effective communication skills and demonstrated ability to work with multiple partners and stakeholders
- Positive and efficient approach to market challenges
- Highly computer literate, with advanced spreadsheet skills.
- Strong work ethic with high level of self-motivation and ability to work well within the team environment
Journal
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