Junior Trader – Fixed Income, Municipal Trading

Loop; Clark (NJ); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Paid holidays

Retirement plan

Job summary

A leading financial services firm located in Clark, NJ is seeking a Junior Trader to manage daily trading on the Municipal Bond Desk. This role involves conducting market analysis, developing trading strategies, and maintaining client relationships. Candidates must possess a Bachelor’s degree and 2-5 years of experience in fixed income municipal securities. Strong communication skills and the ability to work under pressure are essential for success in this position. Competitive salary and benefits are offered.

Qualifications

• 2-5 years of experience with fixed income municipal securities required.
• Excellent communication skills, both verbal and written.
• Solid knowledge of fixed income markets and trading strategies.

Responsibilities

• Manage daily trading and update inventory records of fixed income securities.
• Conduct market analysis and continuously analyze market conditions.
• Develop trading strategies to identify and leverage opportunities.
• Foster client relationships and optimize their financial goals.

Skills

Risk management principles

Quantitative electronic trading

Statistical analysis

Model optimization

Communication skills

Client service

Research skills

Problem solving skills

Negotiation skills

Decision making skills

Education

Bachelor’s degree

Tools

Bloomberg

Tradeweb

MarketAxess

Microsoft Office Suite

Job description

A fresh perspective. Competitive but never cutthroat. Aggressive but never arrogant. Employees with genuine intellectual curiosity.

Our remarkably low employee turnover is a testament to our culture: we hire carefully based on experience, a willingness to collaborate with colleagues across platforms, and a commitment to putting client needs first. It is an intimate, unique culture that cultivates dynamic interaction, new ideas and an entrepreneurial spirit.

Personal Development

Integrity

Community Engagement

Open positions

Location: Clark, NJ

Job Id:356

# of Openings:1

Loop Capital is a full-service investment bank, brokerage, asset management and advisory firm that provides creative capital solutions for corporate, governmental, and institutional entities across the globe. Loop Capital and its affiliates serve clients in fixed income asset management, corporate and public finance, financial advisory services, tax exempt and global equity sales, trading and research, analytical services and financial consulting services. Loop Capital values diversity and inclusion, professional growth opportunities, purpose driven work and a collaborative and innovative culture.

Loop Capital offers a comprehensive benefits plan which includes medical, dental, vision, disability and life insurances; Paid Holidays; Paid vacation, sick and personal days; and retirement plan.

Position Summary:

The objective of this position is to be a Junior Trader on the Municipal Bond Desk working with other Traders, Salespeople and interacting with clients.

Go Here To Apply: https://www.loopcapital.com/careers/

Essential Duties and Responsibilities:

• Manage daily trading; maintain and update inventory records of fixed income securities, retain documentation on trades and ensure timely execution of orders with confirmation of compliance and regulatory adherence.
• Market analysis and valuation; continuously perform market research and analyze market conditions (price, issue, market trends, etc.).
• Trading strategy; develop trading strategies utilizing records to identify and leverage opportunities in the development of innovative trading ideas and entry into new markets.
• Client relationship management; develop and foster client relationships, constantly work with clients to learn and optimize their financial goals by identifying, presenting and purchasing the best fixed income products. Provides guidance on transactions and associated risks.
• May assist with upgrading trading technology/programming needs.

Required Licenses and Registrations

Candidates must already have FINRA certification SIE, Series 7 and Series 63 to apply this role.

Qualifications:

• Bachelor’s degree and 2-5 years of experience with fixed income municipal securities are required.
• Solid knowledge of risk management principles, quantitative electronic trading, statistical analysis, and model optimization.
• Strong computer skills with Microsoft Office (Excel, PowerPoint, Outlook, Word, etc.), electronic and algorithmic trading systems. Excellent communication skills (verbal, written, effective speaker and active listening)
• Excellent communication skills (verbal, written, effective speaker and active listening)
• Solid business development, sales and trading strategy acumen
• Strong interpersonal, client service and relationship building skills
• Ethical; having integrity
• Solid knowledge of fixed income markets and various trading strategies
• Strong financial, quantitative and qualitative skills
• Solid knowledge of the trading process and electronic trading systems (e.g. Bloomberg, Tradeweb, MarketAxess, etc.)
• Excellent decision making, negotiation, results and detailed oriented skills; ability to make real-time trading decisions weighing complex circumstances under considerable time pressure
• Solid organizational and planning skills
• Strong research, risk management and problem solving skills
• Strong work ethic; ability to work independently with minimal supervision
• Team player; capacity to collaborate with firm associates
• Intermediate proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, etc.)
• Ability to work and represent the firm with all levels of employees, industry associates, external organizations and clients, including C-Suite (executive presence)

Interested in joining the Loop Capital team?