Position: Fixed Income Trader
Company: Russell Investment Services
Location:  Tacoma, WA

Russell Investments is an investment firm with global reach, providing investment products and services to individuals and institutions in 46 countries. A pioneer in multi-manager investing, and the creator of Russell Indexes, Russell manages more than US $176.4 billion in assets (as of Dec. 31, 2009). Founded in 1936, Russell is a subsidiary of Northwestern Mutual. Russell's clients include retirement plans, foundations, endowments and investment plans of all types. Investors have access to Russell's services through a network that includes many of the world's top banks, brokers, insurance companies and independent investment advisors. For more information, go to www.russell.com.

This Russell Associate will be responsible for executing domestic and international fixed income transactions for numerous types of clients and strategies. They will be trading on a daily basis and will be responsible for implementing advanced execution strategies that conform to Russell's Best Execution guidelines and achieve client expectations and goals. This person will assist in the continued development of our Best Execution metrics through demonstrable pre-Trade and post-Trade analysis, our trading capabilities through continued analysis and evolution of systems and execution venues, as well as our overall product offering.

The responsibilities of the individual in this position include:

• Global Equity Execution. Will be responsible for efficiently executing a broad array of strategies, from global trading mandates to more focused mandates. This individual must be familiar with fixed income markets, both international and domestic, emerging, developed, and frontier.
• Quantitatively Driven. Must understand investment performance at the portfolio level, as well as the underlying stock specific ramifications of trading individual lines.
• Risk Management and Best Practices. Interact with numerous clients, investment managers/portfolio managers and execute program and/or single line transactions, specifically focused in the fixed income space. Continue to implement and evolve the established best practice procedures to ensure trading strategies conform to Russell's best execution guidelines. Interface with various accounting systems and operate multiple market facing execution technologies.
• Communication. Effectively interact and communicate with members of Russell Implementation Services, Clients, External Investment Managers, Portfolio Managers, and others in the investment community to create efficiencies with regard to the continued development of the high-speed/low-latency environment. Develop best practices that will provide for operational and trading scale within group.
• Continued Development.  Continue to develop and evolve execution analysis and monitoring techniques and deliverables that satisfy the requirements of Russell's Best Execution guideline.
   

The successful candidate will have extensive demonstrable skills and experiences including the following:

• Bachelor's degree in finance or a related area required; advanced degree a plus.
• 3 - 7 years of fixed income trading experience in the fixed income brokerage/trading industry
• In-depth knowledge of Global Equity Markets
• Ability to understand and work with multiple complex trading systems and configurations
• Experience working with the institutional community
• Detail oriented, strong work ethic, team player & excellent problem solving skills
• Series 7, 66 licenses
• Excellent communication skills
• Highly proficient with multiple PC software including securities-related applications (portfolio accounting, trade order management, trading platforms, FIX connectivity, DTC/SWIFT messaging)
• Ability and willingness to function in a stressful, technological environment with minimal instruction or supervision
• Driven self starter looking to take on new responsibilities in a challenging environment
   

We offer a competitive compensation and benefit package including: medical, vision and dental coverage, profit sharing retirement plan, sabbatical leave, and tuition assistance. Most importantly, Russell offers a work environment where respect for the individual and teamwork are part of our fundamental values. Russell supports workforce diversity and we are an Affirmative Action & Equal Opportunity Employer.