Senior Trader, Public Credit

Job description

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism. Our four values guide our strategy, our decisions, and our interactions: Make it human. We care about the people that make up our customers, colleagues, and communities. Make it about others. We do what's best for our customers and collaborate to drive progress. Make it happen. We work with intention toward a common purpose and forge ways forward together. Make it better. We create fulfilling purpose-driven careers by learning from the world and each other. POSITION TITLE Senior Trader, Public Credit POSITION LOCATION Stamford, CT This position is available to NY/CT residents as Stamford, Connecticut in-office applicants *A Hybrid schedule of both Remote and In-Office days is required. In office days are Monday, Tuesday, Wednesday and Thursday, targeting our core business hours of 8 am-5pm EST. YOUR ROLE The Senior Trader has a highly visible role within Genworth’s Investments organization as a key market-facing partner for the public credit portfolio. The role is responsible for bringing real-time market insight, dealer dialogue, execution discipline, and liquidity perspective into the investment process. The role is expected to focus primarily on public Investment Grade and High Yield Corporate Credit, with potential responsibilities across Municipal Credit and Structured Credit, including ABS, CMBS, RMBS, and CLOs. Responsibilities may also expand to support private Corporate and Structured Credit mandates. You will report to the Head of Credit Portfolio Management & Trading and partner closely with Credit Portfolio Managers, Credit Research, Portfolio Management, and other Traders to implement investment strategies that align with the portfolio’s strategic asset allocation, corporate credit strategy, risk appetite, and policyholder obligations. The Trading function is central to converting portfolio strategy into executable investment activity. In this role, you will be expected to combine market judgment, relative value perspective, execution quality, and collaboration with Credit PMs and analysts to support sound portfolio decision-making. The successful candidate should demonstrate strong public credit markets expertise, sound business judgment, and an ability to influence investment decisions through market insight and execution perspective. Preferred candidates should also understand how insurance company assets are invested to meet policyholder obligations and be able to support ongoing process improvement, automation, reporting, and analytical enhancements that strengthen the Trading function and broader Investments organization. What you will be doing Execute primary market, secondary market, and portfolio trades across assigned public credit asset classes, with a primary focus on Investment Grade and High Yield Corporate Credit. Translate portfolio strategy into executable trade recommendations by advising Credit PMs on market levels, timing, liquidity, relative value, trade structure, and implementation risk. Provide market insight by monitoring macroeconomic trends, credit market technicals, liquidity conditions, dealer feedback, new issue activity, and sector developments. Generate trade ideas and tactical recommendations based on relative value, market flows, dealer dialogue, dislocations, and portfolio optimization opportunities. Foster strong dealer counterparty relationships and maintain Genworth’s market presence and standing with external partners. Contribute to process improvement, automation, reporting, and analytics that improve execution quality, transparency, and workflow efficiency. Mentor team members and help develop market judgment, execution discipline, and trading workflow ownership. Adhere to applicable risk, compliance, accounting, and operational policies and procedures. What you bring Bachelor’s degree Minimum 3 years of experience working in a trading role, preferably in an asset management organization Self-starter, with excellent organizational skills and proven ability to work independently Very strong bond valuation framework Ability to build relationships with internal partners, including analysts, credit portfolio managers, portfolio managers, risk managers and others Ability to remain calm under pressure, engage constructively in debate, influence others with credibility, and balance assertiveness with discretion. Must be able to stay ahead in a constantly changing environment to include market activity, business direction and priorities Exercise integrity and sound business judgment Strong problem-solving skills and leadership traits to assist with the daily operation of an organization Ability to prioritize multiple tasks and accurately complete them in a fast-paced, changing environment Excellent written / verbal communications skills and the ability to present effectively to leadership at the skip level Strong functional capability with Bloomberg and Microsoft Office (Excel, Word, PowerPoint, Outlook) Nice to have MBA or equivalent degree CFA or other advanced certification ​ Experience trading two or more asset classes Experience working with analytical tools such as Aladdin, Python and/or Power BI Employee Benefits & Well-Being Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives. Competitive Compensation & Total Rewards Incentives Comprehensive Healthcare Coverage Multiple 401(k) Savings Plan Options Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!) Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave Disability, Life, and Long Term Care Insurance Tuition Reimbursement, Student Loan Repayment and Training & Certification Support Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management) Caregiver and Mental Health Support Services ADDITIONAL At this time, Genworth will not sponsor a new applicant for employment authorization for this position. High-Cost Range (includes New York): $122,000 - $189,000 Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.