How much does a Institutional Municipal Bond Trader make in Newark, NJ? The average Institutional Municipal Bond Trader salary in Newark, NJ is $177,100 as of April 24, 2024, but the range typically falls between $123,300 and $196,400. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Institutional Municipal Bond Trader Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Institutional Municipal Bond Trader Salary $84,554 Newark,NJ April 24, 2024
25th Percentile Institutional Municipal Bond Trader Salary $123,300 Newark,NJ April 24, 2024
50th Percentile Institutional Municipal Bond Trader Salary $177,100 Newark,NJ April 24, 2024
75th Percentile Institutional Municipal Bond Trader Salary $196,400 Newark,NJ April 24, 2024
90th Percentile Institutional Municipal Bond Trader Salary $213,972 Newark,NJ April 24, 2024
25% $123,300 10% $84,554 90% $213,972 75% $196,400 $177,100 50%(Median) Didn’t find job title? Click
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Job Description

The Institutional Municipal Bond Trader reviews orders to ensure accuracy, proper record keeping, and conformance to regulations. Responsible for the timely buying and selling of institutional municipal bonds. Being an Institutional Municipal Bond Trader requires a bachelor's degree in area of specialty or in a related area and may require state licensure. Evaluates market volatility and ensures clients receive the best rate available. In addition, Institutional Municipal Bond Trader typically reports to a manager or a head of a unit/department. Working as an Institutional Municipal Bond Trader typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)

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Average Base Salary

Core compensation

 
 
 
123300
196400
177100

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
305000
497200
446800
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Institutional Municipal Bond Trader in Newark, NJ. The base salary for Institutional Municipal Bond Trader ranges from $123,300 to $196,400 with the average base salary of $177,100. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $305,000 to $497,200 with the average total cash compensation of $446,800.
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123300
196400

 

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About Newark, New Jersey    Newark (/ˈnjuːərk/,[24] locally /njʊərk/)[25] is the most populous city in the U.S. state of New Jersey and the seat of Essex County.[26] As one of th....More

Newark, New Jersey  area prices were up 1.6% from a year ago    View the Cost of Living in Newark, New Jersey

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