Trader I- Municipal Trading

Job Overview

Your passion. Our purpose. This could be powerful. Maybe the markets keep you up at night. Trusts are your forte. Or your idea of a perfect day at the office is a deep dive into equity research. Whatever your passion, at Edward Jones it will have purpose. Your work is meaningful - because it has a singular focus : client relationships. What you do every day helps people achieve and protect their financial goals. Impacting lives for the better. And with our remarkable work-life flexibility, one of the lives it could enhance is yours.

Position Schedule

Full-Time

Team Overview

Do you have the desire and drive to manage capital, while aligning yourself with the strategic direction of the firm? If so, this may be the ideal opportunity for you. The Municipal Trading Department within Edward Jones is primarily responsible for providing our Financial Advisors with a broad supply of highly diversified and fairly priced municipal bonds that are used to fulfill the unique needs of every one of our more than 8 million clients. Our goal is to identify and analyze opportunities in the marketplace while always seeking to provide the best execution possible on every trade we handle.

What You Will Do

As a Trader I in the Municipal Trading Department, expectations are that you would have a passion for capital markets, excellent risk management skills, and be able to make capital commitments with minimal oversight. Additionally, an attention to detail is a must as your decisions can negatively impact our clients, while exposing the firm to significant regulatory, financial, and reputational risk. Responsibilities include :

• Execute odd-lot retail client liquidations, bid wanteds, and external offerings, effectively managing corresponding inventory positions with limited to moderate retail-structured trading flows and capital commitments
• Independently perform all daily trading-related responsibilities, including pricing evaluation and position management
• Proficient demonstration of capital markets analytics, trading strategies, and risk management techniques
• Ensure best execution and compliance with all firm and industry regulatory requirements
• Effective application of internal and external trading systems and related tools
• Deliver client service excellence by researching and resolving branch inquiries, including more complicated requests as needed
• Support operational excellence initiatives
• Develop internal and external networks, including dealer relationships

Compensation

Edward Jones offers a competitive compensation and benefits package including medical and prescription drug, dental, vision, voluntary benefits, short- and long-term disability, basic life, and basic AD&D coverage. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts : health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program.

Hiring Minimum

$72700

Hiring Maximum

$119800

Skills / Requirements

What experience you need :

What could set you apart :

About Us

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500 company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns. Behind everything we do is our purpose : We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging. People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.