HOW TO APPLY
Please send resume toCareers@payden.com
Reference: ETPA0126-MTH
Subject: (Your Name, Position Title, and Reference)
COMPANY OVERVIEW
Payden & Rygel is one of the largest independently owned global investment management firms. We offer a full array of investment strategies and products, including fixed income, equity, and balanced portfolios as well as open-ended mutual funds and offshore funds, to a varied client base around the world. While we have grown and expanded considerably since our inception in 1983, we remain committed to our mission of providing customized investment management solutions that focus on each client's specific needs and objectives.
JOB DESCRIPTION
The role will support equity trading in the execution of all cash equities and equity derivatives, which requires effective time management, attention to detail, and an understanding of market structure. The role will also be expected to help portfolio managers and strategists stay abreast of market themes and trends that are driving stock performance.
The role will also support the Equity Strategists in portfolio construction, risk monitoring, performance attribution, market analyses, trade implementation, and preparing reports to meet internal and external deliverables.
JOB RESPONSIBILITIES
Trader Responsibilities:
- Execute buys and sells of equity securities, including US and non – US common stock, Preferred Stock, and Equity Derivatives.
- Track, research/analyze market levels and provide market color/insights.
- Monitor portfolios and identify significant price targets for stock holdings, indices, and other securities.
- Monitor compliance limits for portfolios, resolve trade issues, and price securities.
Portfolio Analyst Responsibilities:
- Formulate and construct trade programs that adhere to investment guidelines.
- Determine and analyze portfolio construction and risk exposures.
- Perform portfolio and index level performance / performance attribution analyses.
- Prepare monthly/quarterly/yearly reports – including marketing materials, regulatory / mutual fund deliverables, and client and prospect requests.
- Perform portfolio, index, and security analyses.
- Maintain equity portfolio database (knowledge of SQL preferred).
- Maintain RFP equity strategy questionnaire database. Assist in responding to RFPs.
- Participate in internal and external presentations regarding market color and portfolio performance /structure.
QUALIFICATIONS
- Collaborative, bright, quick learner, good attitude, attention to detail, well-rounded.
- Two to three years of relevant experience required.
- Programming / database management skills desired.
EDUCATION
- Bachelor’s degree
- CFA Charter holder or progress towards the designation
We offer competitive compensation comprised of salary, discretionary bonus, and 401k/profit-sharing based on level of experience and skills brought to bear as well as full range of benefits including medical, dental, vision, and life insurance.
Our employees work together in our downtown Los Angeles office, benefiting from our collaborative, team-oriented culture that has been the foundation of our success. We have always been a firm that has awarded flexibility to our employees.
EQUAL EMPLOYMENT OPPORTUNITY
Payden & Rygel is an equal opportunity employer, which means we comply with all federal, state, and local laws that prohibit discrimination when making all decisions about employment. Payden does not make employment decisions on the basis of race, color, ethnicity, national origin, ancestry, citizenship, religion, creed, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances.
If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at careers@payden or 213-625-1900.
