Trader (Institutional Municipal Bonds) jobs in Chicago, IL
Trader (Institutional Municipal Bonds) is responsible for the timely buying and selling of institutional municipal bonds. Reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Being a Trader (Institutional Municipal Bonds) evaluates market volatility and ensures clients receive the best rate available. Requires a bachelor's degree in area of specialty or in a related area and may require state licensure. Additionally, Trader (Institutional Municipal Bonds) typically reports to a manager or head of a unit/department. The Trader (Institutional Municipal Bonds) work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Trader (Institutional Municipal Bonds) typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
Recently Added Trader (Institutional Municipal Bonds) jobs
Municipal Bond Trader
- Northern Trust Investments Inc
-
Chicago, IL
FULL_TIME
- About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. Northern Trust Asset Management | Global Fixed Income Municipal Bond Trader Fixed Income – Municipal Bonds Who We Are We measure success as achieving investors’ desired outcomes and delivering an exceptional client experience, rather than simply beating a benchmark. We work hard to provide clarity, to minimize complexity, to explain risk and to avoid unexpected surprises. We are client focused We have a clear mission: deliver superior investment performance and client service to our clients. We are intellectually curious We constantly search for “what we don’t know” – keeping an open mind to new ways of improving our investment process and interactions with our clients. We are always seeking diversity of thought We work as a team that values diversity and inclusion. That extends to diversity of thought and open communication. We are collaborators We foster a culture of collaboration in which we learn from and inspire one another. That collaboration extends to our clients where collaboration can lead to real problem solving. We are innovators We have intentionally organized our global fixed income professionals around core competencies as it relates to sources of risk. A focus on core competency, with investors close to the ground, keeps us connected to market innovations as we maintain a foundational view of risk. This model creates flexibility – and when combined with our technology model, it allows us to be innovative in partnership with our clients. We are responsible investors As stewards of capital, we believe we have a responsibility to our clients to have an active understanding of the risks posed by non-financial risks. Our teams have access to a proprietary data model which enables them to evaluate a wide variety of applicable metrics across environmental, social and governance factors. We believe this is part of a comprehensive fundamental research process as well as an integral part of the risk management process. It can also be a source of alpha. Our Culture In simple terms our culture can best be described as empowerment with accountability. Our culture is based upon the power of the idea and not the source. It is disciplined and analytical, yet extremely challenging and collegial. We hold ourselves to a high standard of excellence and strive for complete transparency and open-dialogue in our interactions and decision making. Our investment process is the embodiment of our culture. Our assumptions need to be constantly “challenged with respect” and that only happens if we foster a meritocracy. Our research and portfolio management teams are fully integrated. We believe the combination of these skill sets and perspectives directly benefits our clients. The portfolio managers' skill set includes market knowledge of the structural and fundamental drivers of asset classes, sectors, and individual municipal credits acquired through years of experience and research. Our fundamental researchers provide a deeper analysis and examine risk and return opportunities across the entire capital structure while also incorporating non-financial risks into their analysis. Our quantitative researchers provide a complementary skill set in the form of higher-level quantitative and programming skills that are applied to the development and improvement of both our security selection and overall investment processes. The combination of these skills sets, combined with our macroeconomic research and scenario analysis, provides for a sophisticated, intuitive, and fundamental approach to making investment decisions. We have also built the proprietary systems and tools that allow our teams to adequately define and measure key risks – this forms the backbone of our investment process and is the common language” we all speak. Importantly, it also allows risk management to be integrated into the investment process at every step. Put simply, we are all managers of risk. Lastly, these teams come together with our portfolio construction team to ensure that risks are taken prudently and efficiently – emphasizing intended risks and more importantly, eliminating unintended risk from the portfolios we manage. We are then further supported by a robust infrastructure of traders, operations, client service, and dedicated risk management and systems professionals who provide the framework upon which our investment skills are supported. About Your Role The Municipal Trader role will be a part of the Municipal group and be responsible for Primary and Secondary trading of Municipal Securities across General Obligation, Revenue bonds and Money Market securities. You will work closely with senior leadership and portfolio managers and credit analysts to execute trades at the most favorable prices. You will also participate in the innovation and implementation across our largest fixed income asset class within our global fixed income business. You will drive the following responsibilities: · Consult with analysts and portfolio managers to determine if certain credits are approved for purchase into Separately Managed Accounts(SMAs) and Funds. · Systematically gather orders from portfolio managers for primary market deals. · Place buy/sell orders, obtaining best execution and proper measurement of transaction costs · Ensure trades are executed in a timely and accurate manner · Contribute to the innovation of the Municipal team’s processes and analytics · Actively collaborate, communicate, and share knowledge regularly with internal and external partners, including portfolio managers, credit analysts and municipal underwriters. · Initiate improvements to the quality, reliability, and efficiency of the systems you utilize in your trading · Incorporate the methods and best practices used by the broader investment community to constantly learn and evolve our processes The Minimum Qualifications We Find Valuable · 3 - 5 years of fixed income trading experience; municipal bond experience · Knowledge of financial markets, especially fixed income · Strong organizational skills and the ability to manage multiple deals across multiple maturities · Ability to work in a high-pressure environment and multi-task · Excellent verbal and written communication and interpersonal skills · Analytical, highly logical, and structured thinker and communicator · Desire and ability to work both collaboratively as part of a team and independently · Working knowledge of Aladdin, Bloomberg, Investor Tools and other related analytical platforms a plus · Earned a Bachelor’s degree or equivalent life experience. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at MyHRHelp@ntrs.com. We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater. Looking for greater? You found it. A global financial leader with more than 22,000 employees in 23 locations worldwide, Northern Trust empowers our employees to achieve more than just business goals. Our focus on work-life balance, career mobility and unique opportunities are just a few of the reasons we’ve been named one of the world’s most admired companies. Terms and Conditions Privacy Policy California Applicant Privacy Notice Pay Transparency Nondiscrimination Provision (U.S) Transparency in Coverage Disclosure – North America Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the employment process, please email our HR Service Center or call 1-800-807-0302 (North America), 630-276-5353 (Asia Pacific), 1800-425-0333 (India), 44(0)207 982 4357 (Europe, Middle East and Africa) and let us know the nature of your request and your contact information. APAC/INDIA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. Canada EEO STATEMENT Northern Trust is an Equal Opportunity Employer. Hiring and other employment decisions at Northern Trust are made without regard to race, colour, religion, sex, ancestry, national origin, ethnic origin, age, disability, citizenship, veteran status, sexual orientation, record of offences, marital status, family status, or any other characteristic protected by federal, provincial, or local law, regulation, or ordinance. EMEA EEO STATEMENT It is the policy and practice of Northern Trust to provide equal employment opportunities to all employees and applicants. Northern Trust does not discriminate on the basis of race, colour, religion or belief, nationality, ethnic or national origin, sex, marital status, sexual orientation, disability or age. All employment decisions will be made in a non-discriminatory manner in accordance with our obligations under the law and codes of practice. This includes human resources’ decisions relating to recruitment, terms and conditions of employment, transfers, promotions and access to learning and development. USA EEO STATEMENT It is the policy of The Northern Trust Company to afford equal opportunity in all phases of employment without regard to an individual's age, race, color, religion, creed, gender, national origin, citizenship status, marital status, pregnancy, sexual orientation, gender identity, gender expression, genetic tests and information, physical or mental disability, protected veteran status or any other legally protected status. EEO Know Your Rights (U.S.)
- 1 Day Ago
Quality Control Manager, Supply Chain
- Trader Joe's
-
Minooka, IL
FULL_TIME
- Who are we? Trader Joe's is your favorite neighborhood grocery store! With 540 stores nationwide (and growing), we are the place to be. Looking for something delicious and a friendly conversation? At ...
- Just Posted
Crew
- Trader Joe's
-
Zurich, IL
FULL_TIME
- Is it you?Our Crew Members create a warm and friendly shopping experience in our stores. We answer questions, offer suggestions and ensure our customers know they are welcomed and cared for. We entert...
- 1 Day Ago
Mate
- Trader Joe's
-
Glen Ellyn, IL
FULL_TIME
- Enjoy what you do every day!Join the Crew at Trader Joe's. We're looking for leaders who enjoy helping customers and who can lead teams that create WOW experience for our shoppers. If you:Thrive in a ...
- 3 Days Ago
Crew
- Trader Joe's
-
Glen Ellyn, IL
FULL_TIME
- Is it you?Our Crew Members create a warm and friendly shopping experience in our stores. We answer questions, offer suggestions, and ensure our customers know they are welcomed and cared for. We enter...
- 19 Days Ago
Mate
- Trader Joe's
-
Glenview, IL
FULL_TIME
- Enjoy what you do every day!Join the Crew at Trader Joe's. We're looking for leaders who enjoy helping customers and who can lead teams that create WOW experience for our shoppers. If you:Thrive in a ...
- 20 Days Ago
Filters
- Current Active Filter
- Chicago, IL
Clear All
- Filter Jobs By posted time
- Within 1 Day
- Within 2-7
- Within 1 Month
- Within 3 Months
0 Trader (Institutional Municipal Bonds) jobs found in Chicago, IL area
Quantitative Trader
- MA CAPITAL U.S. LLC
-
Chicago, IL
- Job brief We are a nimble trading firm focused on maximizing the opportunities of alpha generation through innovation in...
- 4/16/2024 12:00:00 AM
Algorithmic Trader
- Algo Capital Group
-
Chicago, IL
- Algorithmic Trader- HFT A world-leading trading firm is seeking an Algorithmic Trader as part of their elite index vol t...
- 4/14/2024 12:00:00 AM
Systematic Trader
- Affinity North
-
Chicago, IL
- Job Description Job Description A well-funded, new, systematic prop trading firm seeks key individuals who can help grow...
- 4/14/2024 12:00:00 AM
Trader
- Albert Bow
-
Chicago, IL
- TRADERS | HYBRID | UP TO 75% PnL split - depending on capital allocation We are working with an established firm in Chic...
- 4/13/2024 12:00:00 AM
Derivatives Trader
- Selby Jennings
-
Chicago, IL
- A Prop Trading Firm in Chicago is looking to bring on backed traders either coming in house with their strategies or run...
- 4/13/2024 12:00:00 AM
Senior Systematic Trader
- Harrington Starr
-
Chicago, IL
- Senior Quantitative Trader - Chicago I work with a boutique prop firm backed solely by a blue chip private equity firm l...
- 4/13/2024 12:00:00 AM
Quantitative Trader
- Albert Bow
-
Chicago, IL
- Quant Trader (HFT) I Chicago I Up to $250k + bonus I am currently working with a very reputable Chicago based Prop Tradi...
- 4/12/2024 12:00:00 AM
Junior Trader
- EMERGE
-
Chicago, IL
- We are partnered with the leading proprietary trading firm in the nation, that powers the industry through cutting edge ...
- 4/12/2024 12:00:00 AM
About Chicago, Illinois
Chicago (/ʃɪˈkɑːɡoʊ/ (listen), locally also /-ˈkɔː-/), officially the City of Chicago, is the most populous city in Illinois, as well as the third most populous city in the United States. With an estimated population of 2,716,450 (2017), it is the most populous city in the Midwest. Chicago is the principal city of the Chicago metropolitan area, often referred to as Chicagoland, and the county seat of Cook County, the second most populous county in the United States. The metropolitan area, at nearly 10 million people, is the third-largest in the United States, and the fourth largest in North A...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Trader (Institutional Municipal Bonds) jobs
$282,492 to $460,555
Chicago, Illinois area prices
were up 0.8% from a year ago
were up 0.8% from a year ago