Manager, Capital Markets Trading

Colonial Group; Chicago (IL); Hybrid; USD 110,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Parental leave

Mothers lounge

Flexible PTO

Work from home Fridays

Gym in Chicago office

401k matching

HSA contributions

Student loan assistance

Pet insurance

Base salary + discretionary bonus

Job summary

Hightower, a Chicago-based wealth management firm, seeks an experienced Fixed Income Trader and team leader to shape day-to-day trading, mentor junior staff, and drive performance across the FI desk.

You will execute and oversee fixed income trades across municipal, corporate, agency, Treasury and taxable products, monitor risk, ensure compliance, and partner with portfolio managers and operations to optimize execution and liquidity for clients.

Qualifications

• Bachelor's degree in Finance, Economics, Mathematics, or related field.
• 5+ years of fixed income trading experience in institutional settings.
• Knowledge of municipal, taxable fixed income products, and market structure.
• Familiarity with investment advisory/broker-dealer operations and compliance requirements.

Responsibilities

• Execute and oversee fixed income trades across municipal, corporate, agency, Treasury, and taxable fixed income markets with compliant execution.
• Evaluate trading platforms and OMS to optimize execution efficiency.
• Provide leadership, coaching and development to traders and trading support staff.
• Monitor risk parameters and regulatory requirements to ensure compliance.
• Analyze market conditions and develop strategies; build relationships with brokers and internal teams.

Skills

Fixed income trading

Trading platforms

Order management systems

Regulatory compliance

Risk management

Team leadership

Mentorship

Education

Bachelor's degree in Finance, Economics, Mathematics, or related field

Tools

Trading platforms

Order management systems

Market data tools

Job description

Our Story

Founded in 2008, Hightower is a wealth management firm that provides investment, financial and retirement planning services to individuals, foundations and family offices, as well as 401(k) consulting and cash management services to corporations. Hightower's capital solutions, operational support services, size and scale empower its vibrant community of independent-minded wealth advisors to grow their businesses and help their clients achieve their financial vision. Based in Chicago with advisors across the U.S., we operate as a registered investment advisor (RIA).

Your Future Team

Hightower's Fixed Income Trading team is responsible for executing and supporting investment strategies across municipal, taxable, and other fixed income sectors. The team partners closely with advisors, portfolio managers, investment strategists, operations, compliance, and technology teams to deliver efficient trade execution and exceptional client outcomes.

Reporting to the Executive Director of FI Trading, you will lead key trading initiatives and help oversee the day-to-day activities of the fixed income trading activities. This role combines hands-on trading responsibilities with leadership of day-to-day trading operations, team development, process improvement initiatives, and strategic projects designed to enhance execution quality and scalability.

The ideal candidate brings deep fixed income markets expertise, strong leadership skills, and a proven ability to drive performance while developing and mentoring team members in a collaborative environment.

What You'll Do

Trade Execution and Management

• Execute and oversee fixed income trades across municipal, corporate, agency, Treasury, and taxable fixed income markets, in accordance with established guidelines, ensuring fair, accurate, and timely execution and settlement, while adhering to pre-established risk management and compliance guidelines
• Evaluate and optimize trading platforms, order management systems, and other relevant technologies to execute trades efficiently and effectively
• Support portfolio managers and investment teams in implementing investment strategies through effective trade execution.

Team Leadership and Development

• Provide day-to-day leadership, coaching and development to traders and trading support personnel
• Serve as a resource and mentor to junior team members while promoting professional growth and trading excellence

Risk Management and Compliance

• Monitor and manage trading activity to ensure compliance with risk parameters and regulatory requirements
• Ensure adherence to trading policies, compliance requirements, and best execution practices.
• Maintainaccurateand comprehensive trade records, ensuring compliance with internal policies and external regulatory frameworks

Market Analysis and Strategy Development

• Conduct in-depth analysis of market conditions, trends, and economic indicators toidentifytrading opportunities and mitigate potential risks
• Analyze market data, dealer offerings, and inventory opportunities to identify attractive trading ideas.

Relationship Management

• Develop andmaintainstrong relationships with brokers, counterparties, and internal stakeholders tooptimizetrading execution and access to liquidity

• Work closely with cross-functional teams, including research analysts, risk managers, compliance officers, and operations professionals, tofacilitateseamless trade execution and resolve any issues that may arise
• Provide guidance, mentorship, and oversight to members of the trading team to ensure execution excellence and adherence to firm standards

What You'll Bring

• Bachelor's degree in Finance, Economics, Mathematics, or a related field
• 5+ years offixed income trading experience, preferably within an institutional investment management, RIA, broker-dealer, or asset management environment.
• Strong knowledge of municipal bonds, taxable fixed income products, and fixed income market structure
• Proficiencyin using trading platforms, order management systems, and related technologies.
• Strong understanding of investment advisory and broker-dealer operations, including fixed income trading activities, regulatory obligations, compliance requirements, and best execution practices.
• Commitment to ongoing professional development and staying informed on industry trends, market developments, and regulatory changes
• Stay abreast of industry developments, regulatory changes, and emerging market trends, activelyparticipatingin professional development activities to enhance knowledge and skills

What We Offer

• Coverage on the first day of employment for medical, dental, and vision insurance
• Paid parental leave (16 weeks for primary caregiver and 8 weeks for secondary caregiver)
• Mothers lounge onsite
• Flexible PTO plan
• In-office Monday through Thursday and work from home on Fridays
• Free brand-new gym in the Chicago office
• 401k matching plan
• HSA employer contributions
• Student loan assistance
• Pet insurance
• Base salary of $110,000-$130,000 plus discretionary bonus (exact base salary amount will be dependent on experience)

AN EQUAL OPPORTUNITY EMPLOYER:

Hightower is an equal opportunity employer and does not discriminate based upon race, color, religion, sex, sexual orientation, pregnancy, marital status, national origin, citizenship, veteran status, ancestry, age (over 40), physical or mental disability, medical condition (cancer-related), gender identity or expression, genetic information including sickle cell or hemoglobin C trait, or any other consideration made unlawful by applicable federal, state, or local law.

You are a U.S. citizen, U.S. permanent resident or possess other unrestricted U.S. work authorization and will not require sponsorship for U.S. work authorization now or anytime in the future.