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Job Title


Fixed Income Trader/Portfolio Manager


Company : Deutsche Bank


Location : New York City, NY


Created : 2026-04-04


Job Type : Full Time


Job Description

Job Description:Job Title: Fixed Income Trader/Portfolio ManagerCorporate Title:Assistant Vice President/Vice PresidentLocation: New York, NYALL ROLES TO BE CONSIDERED OverviewWealth Management business supports clients of Deutsche Bank in the areas of wealth advisory, discretionary, trust planning, custody, and brokerage as well as the deposit business with combined $75bn AUM. Fixed Income Portfolio Management is part of Wealth Management's Discretionary Portfolio Management team and provides investment management services for clients of the bank. You will be an integral part of the team working to deliver Portfolio Management expertise to these clients. What We Offer You A diverse and inclusive environment that embraces change, innovation, and collaboration A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days Employee Resource Groups support an inclusive workplace for everyone and promote community engagement Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits Educational resources, matching gift, and volunteer programs What You'll Do As a Fixed Income Trader, you will work closely with portfolio managers, investment managers, and bankers in the construction and oversight of short duration separately managed fixed income accounts Become fluent in all trading and portfolio management systems utilized by the fixed income team Work to understand the components necessary to review issuers in the municipal bond market and complete basic municipal bond credit updates An understanding of the dynamics impacting fixed income markets and ability to effectively communicate and present this knowledge to prospects, clients, and internal partners Ability to buy and sell bonds for client portfolios with specific attention to municipal bonds, and an understanding of the overall fixed income markets Understand the complete product set offered by the Discretionary Portfolio Management department. Build your franchise among Discretionary Portfolio Management colleagues as well as Bankers and Investment Management teams Skills You'll Need Ability to collaborate with portfolio managers and analysts to understand client needs and account mandates Understanding of the financial markets, economic indicators, interest rate trends to inform trading decisions Ability to buy and sell bonds for client portfolios Ability to construct and manage separately management account portfolios Ability to develop and maintain strong relationships with Investment Managers, Relationship Managers, and clients, among others Skills That Will Help You Excel Detail oriented in documentation, pricing and execution Strong team player Experience with Bloomberg, Excel, Word Understand the complete product set offered by the Discretionary Portfolio Management department and the Private Bank Self-motivated to learn Detail oriented in documentation, pricing and execution Strong team player Experience with Bloomberg, Excel, Word Understand the complete product set offered by the Discretionary Portfolio Management department and the Private Bank Self-motivated to learn ExpectationsIt is the Bank's expectation that employees hired into this role will work in the New York, NY office in accordance with the Bank's hybrid working model. Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion. The salary range for this position in New York City is $120,000 to $175,000 . Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do n