Buy-side FI Trading Tips
In a couple months I will be starting buy-side trading role in FI (think fairly illiquid HY/muni-type debt). The role is purely execution for the PM and Senior Analysts. My background is a several years of experience in PWM, some discretionary equity and corporate/muni FI trading, some execution based.
I'm wondering what I should expect in the way of day-to-day work? Obviously the scale is going to be a lot bigger as this desk's AUM is larger than my entire prior firm's, and there will be comingled accounts, SMAs, etc. instead of just UHNW individual accounts. What should I be preparing in terms of my technical skill set? I've been brushing up with Fabozzi, any other reading recommendations? I know Excel fairly well in terms of Vlookups, if/then, etc. but don't know VBA and limited macro experience. Will I need to get VBA down cold?
Appreciate any and all advice. Thanks.