Junior Taxable Fixed Income Trader

Janney-Montgomery-Scott-LLC; Philadelphia (Philadelphia County); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Paid parental leave

Paid time off

Referral bonus

Professional development

Job summary

Janney-Montgomery-Scott-LLC in Philadelphia seeks a Junior Taxable Fixed Income Trader to provide execution services for Fixed Income instruments for the firm’s network of over 850 Financial Advisors, while upholding best execution standards and regulatory obligations.

The role focuses on daily trade execution across multiple platforms, portfolio construction, bond ladders, and proactive idea generation with a strong service orientation; full-time in-office role based in Philadelphia.

Qualifications

• Strong understanding of financial markets, instruments and strategies.
• Ability to develop trade ideas based on relative value, and fundamental analysis
• Strong service orientation
• Strong written and verbal communication skills

Responsibilities

• Handle daily retail fixed income trade execution across multiple platforms
• Process trades across multiple asset classes
• Utilize tools to access liquidity in the market place
• Proactively keep on top of market developments and trading opportunities
• Manage trade flow and street contacts
• Follow regulations and internal procedures, including quality of execution, pricing, and compliance policies

Skills

Excel

Bloomberg

Trade ideas

Analytical thinking

Communication

Tools

Bloomberg Terminal

Trading platforms

Job description

The Junior Taxable Fixed Income Trader will be primarily responsible for providing execution services for all Fixed Income instruments for the Firm’s network of over 850 Financial Advisors (FAs) while adhering to best execution standards, internal policies, and regulatory obligations. Secondly, the individual selected for this role will be responsible for portfolio construction, bond ladders, and other one-off initiatives while providing pro-active idea generation and best-in-class service. This role is based in Philadelphia with full time in the office required.

What you are good at:

• Organization and Time Management: Possessing the ability to take on multiple requests at once and effectively complete tasks in a time efficient manner.
• Client Service: Meeting and exceeding customer expectations by providing timely and attentive responses to client requests.
• Teamwork & Collaboration-Connecting with others in a way that fosters trust, creates collaborative relationships, and preserves established team culture.
• Communicating Effectively-Must be able to effectually communicate verbally and in writing with senior level leadership and financial advisors

Duties and Responsibilities:

• Handle daily retail fixed income trade execution across multiple platforms
• Process trades across multiple asset classes
• Utilize tools to access liquidity in the market place
• Proactively keep on top of market developments and trading opportunities
• Manage trade flow and street contacts
• Follow regulations and internal procedures, including quality of execution, pricing, and compliance policies

Required Skills:

• Strong understanding of financial markets, instruments and strategies
• Strong Microsoft Excel and Bloomberg skill
• Ability to develop trade ideas based on relative value, and fundamental analysis
• Excellent attention to detail
• Ability to leverage technology and learn new trading platforms
• Strong service orientation
• Strong written and verbal communication skills

Required Experience:

• 1 - 5 years experience in the financial services industry that is aligned with the specific responsibilities of the role
• A demonstrated track record of consistently meeting and/or exceeding performance expectations
• Series 7 and 63, 65 or 66 license required

Why work for us?

Benefits:

Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employee’s life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus and Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future. Explore further.

Janney is anaward-winning full-servicefinancial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

People are our strongest asset. We recognize that when our team members thrive, our firm is more successful.