Municipal SMA Trader

RiverSource Life Insurance Company; Boston (MA); On-site; USD 115,000 - 135,000; Full time

Benefits offered by this job

In-office collaboration

Benefits program

Job summary

Columbia Threadneedle Investments in Boston is seeking a Municipal SMA Trader to execute tax-exempt fixed income orders under guidance from portfolio managers, with a focus on short and intermediate maturities in both primary and secondary markets. The role requires strong communication, analytical and computer skills, and comfort working on a fast-paced trading desk.

In-office collaboration is emphasized, with some flexibility for remote work.

Qualifications

• Prefer 1-2 years trading experience in Municipal bonds.
• Self-motivated team player with strong verbal communication skills.
• Strong analytical and computer skills.
• Rigorous attention to detail and good time management.

Responsibilities

• Execute SMA orders with focus on short/intermediate maturities in primary and secondary markets.
• Assist Portfolio Managers in daily surveillance of SMA & Institutional Fixed Income Accounts.
• Execute cash trades for SMA, Mutual Funds & Institutional accounts.
• Interface between trading desk and internal/external firm constituencies.

Skills

Municipal bonds

Verbal communication

Analytical skills

Job description

## Municipal SMA TraderApply: On-Site: Boston, Massachusetts: Full time: Posted Today: End Date: November 13, 2026 (30+ days left to apply): R26\\_3818**About Our Company**Working at Columbia Threadneedle Investments you'll find growth and career opportunities across all of our businesses.We're intentionally built to help you succeed. Our reach is expansive with a Columbia Threadneedle Investments global team of 2,300 people working together. Our capability is diverse with more than 550 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients' specific requirements. Our unwavering focus on our clients and strong financial foundation connects each of our enterprise businesses — Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities.**Job Description**Responsible, under appropriate direction, for executing purchase and sales of tax-exempt fixed income securities as authorized by portfolio managers, senior traders, and or Head of Trading; primary focus being municipal bonds.Responsibilities:-Execute orders flowing from the SMA business with specific emphasis on short and intermediate term maturities in both the Primary & Secondary markets.- Assist Portfolio Managers in the daily surveillance of SMA & Institutional Fixed Income Accounts, appropriately communicating key relative value to account guidelines and parameters.- Execute cash trades for SMA, Mutual Funds & Institutional accounts.- Interact as a seamless interface between the trading team and various internal & external firm constituencies. Qualifications:- Prefer 1 -2 years trading experience in Municipal bonds but not a necessity.- Self-motivated team player with strong verbal communication skills.- Strong analytical and computer skills.- Rigorous attention to detail and good time management skills.- Comfortable working on a trading desk in a high paced environment. Visa Sponsorship:Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN). In-Office Collaboration:We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process. **Base Pay Salary**The estimated base salary for this role is $115,000- $135,000 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.**Full-Time/Part-Time**Full time**Exempt/Non-Exempt**Exempt**Job Family Group**Investment Management**Line of Business**AMINV US Asset Management*Columbia Threadneedle is a people business, and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to fostering an inclusive and performance-based culture where everyone can belong, grow, contribute and realise their potential.**Columbia Threadneedle is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.*